Grom Social Stock Forecast - Accumulation Distribution
| GROM Stock | USD 0.48 0 0.42% |
Grom Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Grom Social stock prices and determine the direction of Grom Social Enterprises's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Grom Social's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Grom Social's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Grom Social's systematic risk associated with finding meaningful patterns of Grom Social fundamentals over time.
Check out Historical Fundamental Analysis of Grom Social to cross-verify your projections. Grom |
Most investors in Grom Social cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Grom Social's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Grom Social's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Grom Social is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Grom Social Enterprises to determine if accumulation or reduction is taking place in the market. This value is adjusted by Grom Social trading volume to give more weight to distributions with higher volume over lower volume.| Check Grom Social Volatility | Backtest Grom Social | Information Ratio |
Grom Social Trading Date Momentum
| On June 06 2024 Grom Social Enterprises was traded for 0.48 at the closing time. The top price for the day was 0.48 and the lowest listed price was 0.48 . There was no trading activity during the period 0.0. Lack of trading volume on June 6, 2024 did not cause price change. The overall trading delta against the current closing price is 0.42% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Grom Social to competition |
Other Forecasting Options for Grom Social
For every potential investor in Grom, whether a beginner or expert, Grom Social's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Grom Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Grom. Basic forecasting techniques help filter out the noise by identifying Grom Social's price trends.Grom Social Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Grom Social stock to make a market-neutral strategy. Peer analysis of Grom Social could also be used in its relative valuation, which is a method of valuing Grom Social by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Grom Social Enterprises Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Grom Social's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Grom Social's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Grom Social Market Strength Events
Market strength indicators help investors to evaluate how Grom Social stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grom Social shares will generate the highest return on investment. By undertsting and applying Grom Social stock market strength indicators, traders can identify Grom Social Enterprises entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.48 | |||
| Day Typical Price | 0.48 | |||
| Price Action Indicator | (0) | |||
| Period Momentum Indicator | (0) | |||
| Relative Strength Index | 25.56 |
Grom Social Risk Indicators
The analysis of Grom Social's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Grom Social's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting grom stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 4.23 | |||
| Standard Deviation | 9.23 | |||
| Variance | 85.27 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Grom Social Enterprises using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Additional Information and Resources on Investing in Grom Stock
When determining whether Grom Social Enterprises is a strong investment it is important to analyze Grom Social's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Grom Social's future performance. For an informed investment choice regarding Grom Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Grom Social to cross-verify your projections. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grom Social. If investors know Grom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grom Social listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.46) | Revenue Per Share 2.496 | Quarterly Revenue Growth (0.27) | Return On Assets (0.24) | Return On Equity (0.89) |
The market value of Grom Social Enterprises is measured differently than its book value, which is the value of Grom that is recorded on the company's balance sheet. Investors also form their own opinion of Grom Social's value that differs from its market value or its book value, called intrinsic value, which is Grom Social's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grom Social's market value can be influenced by many factors that don't directly affect Grom Social's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grom Social's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grom Social is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grom Social's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.