Renn Fund Price Prediction
| RCG Stock | USD 2.47 0.30 10.83% |
Oversold Vs Overbought
71
Oversold | Overbought |
Quarterly Earnings Growth (1.00) | Quarterly Revenue Growth 0.175 |
Using RENN Fund hype-based prediction, you can estimate the value of RENN Fund from the perspective of RENN Fund response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in RENN Fund to buy its stock at a price that has no basis in reality. In that case, they are not buying RENN because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
RENN Fund after-hype prediction price | USD 2.78 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
RENN |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of RENN Fund's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
RENN Fund After-Hype Price Prediction Density Analysis
As far as predicting the price of RENN Fund at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in RENN Fund or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of RENN Fund, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
RENN Fund Estimiated After-Hype Price Volatility
In the context of predicting RENN Fund's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on RENN Fund's historical news coverage. RENN Fund's after-hype downside and upside margins for the prediction period are 0.26 and 5.30, respectively. We have considered RENN Fund's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
RENN Fund is relatively risky at this time. Analysis and calculation of next after-hype price of RENN Fund is based on 3 months time horizon.
RENN Fund Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as RENN Fund is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading RENN Fund backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with RENN Fund, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.65 | 2.51 | 0.01 | 0.00 | 13 Events / Month | 9 Events / Month | In about 13 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
2.47 | 2.78 | 0.36 |
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RENN Fund Hype Timeline
On the 26th of November RENN Fund is traded for 2.47. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.0. RENN is forecasted to increase in value after the next headline, with the price projected to jump to 2.78 or above. The average volatility of media hype impact on the company the price is over 100%. The price rise on the next news is forecasted to be 0.36%, whereas the daily expected return is at this time at 0.65%. The volatility of related hype on RENN Fund is about 476900.0%, with the expected price after the next announcement by competition of 2.47. The company reported the last year's revenue of 245.25 K. Reported Net Loss for the year was (884.59 K) with profit before taxes, overhead, and interest of 223.44 K. Considering the 90-day investment horizon the next forecasted press release will be in about 13 days. Check out RENN Fund Basic Forecasting Models to cross-verify your projections.RENN Fund Related Hype Analysis
Having access to credible news sources related to RENN Fund's direct competition is more important than ever and may enhance your ability to predict RENN Fund's future price movements. Getting to know how RENN Fund's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how RENN Fund may potentially react to the hype associated with one of its peers.
RENN Fund Additional Predictive Modules
Most predictive techniques to examine RENN price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for RENN using various technical indicators. When you analyze RENN charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About RENN Fund Predictive Indicators
The successful prediction of RENN Fund stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as RENN Fund, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of RENN Fund based on analysis of RENN Fund hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to RENN Fund's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to RENN Fund's related companies. | 2023 | 2024 (projected) | PTB Ratio | 0.87 | 0.65 | Dividend Yield | 0.002426 | 0.002305 |
Story Coverage note for RENN Fund
The number of cover stories for RENN Fund depends on current market conditions and RENN Fund's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that RENN Fund is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about RENN Fund's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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RENN Fund Short Properties
RENN Fund's future price predictability will typically decrease when RENN Fund's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of RENN Fund often depends not only on the future outlook of the potential RENN Fund's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. RENN Fund's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7 M | |
| Cash And Short Term Investments | 25.2 K |
Complementary Tools for RENN Stock analysis
When running RENN Fund's price analysis, check to measure RENN Fund's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RENN Fund is operating at the current time. Most of RENN Fund's value examination focuses on studying past and present price action to predict the probability of RENN Fund's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RENN Fund's price. Additionally, you may evaluate how the addition of RENN Fund to your portfolios can decrease your overall portfolio volatility.
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