G Bits (China) Price Prediction

603444 Stock   204.90  2.73  1.31%   
As of 21st of November 2024, The relative strength index (RSI) of G Bits' share price is at 52. This suggests that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling G Bits, making its price go up or down.

Oversold Vs Overbought

52

 
Oversold
 
Overbought
The successful prediction of G Bits' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with G bits Network Technology, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting G Bits' stock price prediction:
Quarterly Earnings Growth
(0.24)
EPS Estimate Current Year
12.93
EPS Estimate Next Year
15.22
Wall Street Target Price
237.94
EPS Estimate Current Quarter
3.03
Using G Bits hype-based prediction, you can estimate the value of G bits Network Technology from the perspective of G Bits 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 G Bits to buy its stock at a price that has no basis in reality. In that case, they are not buying 603444 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.

G Bits after-hype prediction price

    
  CNY 204.3  
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 G Bits Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
174.03177.62225.39
Details
Naive
Forecast
LowNextHigh
213.87217.47221.06
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as G Bits. Your research has to be compared to or analyzed against G Bits' peers to derive any actionable benefits. When done correctly, G Bits' 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 G bits Network.

G Bits After-Hype Price Prediction Density Analysis

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

G Bits Estimiated After-Hype Price Volatility

In the context of predicting G Bits' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on G Bits' historical news coverage. G Bits' after-hype downside and upside margins for the prediction period are 200.71 and 207.89, respectively. We have considered G Bits' 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
204.90
200.71
Downside
204.30
After-hype Price
207.89
Upside
G Bits is very steady at this time. Analysis and calculation of next after-hype price of G bits Network is based on 3 months time horizon.

G Bits Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as G Bits is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading G Bits 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 G Bits, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.33 
3.59
  0.60 
  0.03 
1 Events / Month
0 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
204.90
204.30
0.29 
196.17  
Notes

G Bits Hype Timeline

G bits Network is presently traded for 204.90on Shanghai Stock Exchange of China. The entity has historical hype elasticity of -0.6, and average elasticity to hype of competition of 0.03. 603444 is forecasted to decline in value after the next headline, with the price expected to drop to 204.3. The average volatility of media hype impact on the company price is about 196.17%. The price decline on the next news is expected to be -0.29%, whereas the daily expected return is presently at 0.33%. The volatility of related hype on G Bits is about 4582.98%, with the expected price after the next announcement by competition of 204.93. About 45.0% of the company shares are owned by insiders or employees . The book value of G Bits was presently reported as 65.52. The company recorded earning per share (EPS) of 12.79. G bits Network last dividend was issued on the 25th of November 2024. Assuming the 90 days trading horizon the next forecasted press release will be very soon.
Check out G Bits Basic Forecasting Models to cross-verify your projections.

G Bits Related Hype Analysis

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

G Bits Additional Predictive Modules

Most predictive techniques to examine 603444 price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for 603444 using various technical indicators. When you analyze 603444 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 G Bits Predictive Indicators

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

Story Coverage note for G Bits

The number of cover stories for G Bits depends on current market conditions and G Bits' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that G Bits 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 G Bits' 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

G Bits Short Properties

G Bits' future price predictability will typically decrease when G Bits' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of G bits Network Technology often depends not only on the future outlook of the potential G Bits' 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. G Bits' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding72 M
Dividends Paid729.2 M
Shares Float39.4 M

Complementary Tools for 603444 Stock analysis

When running G Bits' price analysis, check to measure G Bits' 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 G Bits is operating at the current time. Most of G Bits' value examination focuses on studying past and present price action to predict the probability of G Bits' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move G Bits' price. Additionally, you may evaluate how the addition of G Bits to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments