Gome Telecom (China) Price Prediction

600898 Stock   1.90  0.06  3.26%   
The value of RSI of Gome Telecom's the stock price is about 62. This suggests that the stock is rather overbought by investors as of 26th of November 2024. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Gome, making its price go up or down.

Oversold Vs Overbought

62

 
Oversold
 
Overbought
The successful prediction of Gome Telecom's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Gome Telecom Equipment, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Gome Telecom's stock price prediction:
Quarterly Revenue Growth
(0.72)
Using Gome Telecom hype-based prediction, you can estimate the value of Gome Telecom Equipment from the perspective of Gome Telecom 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 Gome Telecom to buy its stock at a price that has no basis in reality. In that case, they are not buying Gome 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.

Gome Telecom after-hype prediction price

    
  CNY 1.9  
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.
  
Check out Gome Telecom Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.081.545.41
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Gome Telecom. Your research has to be compared to or analyzed against Gome Telecom's peers to derive any actionable benefits. When done correctly, Gome Telecom's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Gome Telecom Equipment.

Gome Telecom After-Hype Price Prediction Density Analysis

As far as predicting the price of Gome Telecom 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 Gome Telecom 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 Gome Telecom, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Gome Telecom Estimiated After-Hype Price Volatility

In the context of predicting Gome Telecom's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Gome Telecom's historical news coverage. Gome Telecom's after-hype downside and upside margins for the prediction period are 0.10 and 5.77, respectively. We have considered Gome Telecom'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
1.90
1.90
After-hype Price
5.77
Upside
Gome Telecom is dangerous at this time. Analysis and calculation of next after-hype price of Gome Telecom Equipment is based on 3 months time horizon.

Gome Telecom Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Gome Telecom is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Gome Telecom 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 Gome Telecom, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.62 
3.87
 0.00  
 0.00  
0 Events / Month
1 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.90
1.90
0.00 
0.00  
Notes

Gome Telecom Hype Timeline

Gome Telecom Equipment is presently traded for 1.90on Shanghai Stock Exchange of China. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Gome is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at 0.62%. %. The volatility of related hype on Gome Telecom is about 54180.0%, with the expected price after the next announcement by competition of 1.90. About 53.0% of the company shares are owned by insiders or employees . The company recorded a loss per share of 0.33. Gome Telecom Equipment last dividend was issued on the 31st of May 2016. The entity had 13:10 split on the 11th of July 2007. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days.
Check out Gome Telecom Basic Forecasting Models to cross-verify your projections.

Gome Telecom Related Hype Analysis

Having access to credible news sources related to Gome Telecom's direct competition is more important than ever and may enhance your ability to predict Gome Telecom's future price movements. Getting to know how Gome Telecom'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 Gome Telecom may potentially react to the hype associated with one of its peers.

Gome Telecom Additional Predictive Modules

Most predictive techniques to examine Gome price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Gome using various technical indicators. When you analyze Gome 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.

About Gome Telecom Predictive Indicators

The successful prediction of Gome Telecom 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 Gome Telecom Equipment, 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 Gome Telecom based on analysis of Gome Telecom hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Gome Telecom's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Gome Telecom's related companies.

Story Coverage note for Gome Telecom

The number of cover stories for Gome Telecom depends on current market conditions and Gome Telecom's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Gome Telecom 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 Gome Telecom's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Gome Telecom Short Properties

Gome Telecom's future price predictability will typically decrease when Gome Telecom's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Gome Telecom Equipment often depends not only on the future outlook of the potential Gome Telecom'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. Gome Telecom's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding285.4 M

Complementary Tools for Gome Stock analysis

When running Gome Telecom's price analysis, check to measure Gome Telecom'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 Gome Telecom is operating at the current time. Most of Gome Telecom's value examination focuses on studying past and present price action to predict the probability of Gome Telecom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gome Telecom's price. Additionally, you may evaluate how the addition of Gome Telecom to your portfolios can decrease your overall portfolio volatility.
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