Gray Television Stock Price Prediction

GTNA Stock  USD 7.62  0.24  3.25%   
At this time, the relative strength index (RSI) of Gray Television's share price is approaching 38. This usually indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Gray Television, making its price go up or down.

Oversold Vs Overbought

38

 
Oversold
 
Overbought
The successful prediction of Gray Television's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Gray Television, which may create opportunities for some arbitrage if properly timed.
Using Gray Television hype-based prediction, you can estimate the value of Gray Television from the perspective of Gray Television 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 Gray Television to buy its stock at a price that has no basis in reality. In that case, they are not buying Gray 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.

Gray Television after-hype prediction price

    
  USD 7.64  
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 Gray Television Basic Forecasting Models to cross-verify your projections.
For information on how to trade Gray Stock refer to our How to Trade Gray Stock guide.
Intrinsic
Valuation
LowRealHigh
0.306.0713.82
Details
Naive
Forecast
LowNextHigh
0.378.1215.86
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.317.547.77
Details

Gray Television After-Hype Price Prediction Density Analysis

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

Gray Television Estimiated After-Hype Price Volatility

In the context of predicting Gray Television's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Gray Television's historical news coverage. Gray Television's after-hype downside and upside margins for the prediction period are 0.38 and 15.39, respectively. We have considered Gray Television'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
7.62
7.64
After-hype Price
15.39
Upside
Gray Television is risky at this time. Analysis and calculation of next after-hype price of Gray Television is based on 3 months time horizon.

Gray Television Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Gray Television is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Gray Television 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 Gray Television, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.25 
7.75
  0.02 
  0.01 
5 Events / Month
4 Events / Month
In about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
7.62
7.64
0.26 
12,917  
Notes

Gray Television Hype Timeline

Gray Television is currently traded for 7.62. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of -0.01. Gray is estimated to increase in value after the next headline, with the price projected to jump to 7.64 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 0.26%, whereas the daily expected return is currently at 0.25%. The volatility of related hype on Gray Television is about 27125.0%, with the expected price after the next announcement by competition of 7.61. The company reported the previous year's revenue of 3.68 B. Net Income was 455 M with profit before overhead, payroll, taxes, and interest of 0. Given the investment horizon of 90 days the next estimated press release will be in about 5 days.
Check out Gray Television Basic Forecasting Models to cross-verify your projections.
For information on how to trade Gray Stock refer to our How to Trade Gray Stock guide.

Gray Television Related Hype Analysis

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

Gray Television Additional Predictive Modules

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

The successful prediction of Gray Television 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 Gray Television, 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 Gray Television based on analysis of Gray Television hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Gray Television's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Gray Television's related companies.
 2018 2019 2023 2024 (projected)
Days Sales Outstanding61.8170.781.374.71
PTB Ratio1.321.211.091.03

Story Coverage note for Gray Television

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

Gray Television Short Properties

Gray Television's future price predictability will typically decrease when Gray Television's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Gray Television often depends not only on the future outlook of the potential Gray Television'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. Gray Television's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding93 M
Dividends Paid82 M
Cash And Short Term Investments61 M

Complementary Tools for Gray Stock analysis

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