Giga Media Stock Statistic Functions Beta

GIGM Stock  USD 1.31  0.03  2.24%   
Giga Media statistic functions tool provides the execution environment for running the Beta function and other technical functions against Giga Media. Giga Media value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Giga Media statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Giga Media correlated with the market. If Beta is less than 0 Giga Media generally moves in the opposite direction as compared to the market. If Giga Media Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Giga Media is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Giga Media is generally in the same direction as the market. If Beta > 1 Giga Media moves generally in the same direction as, but more than the movement of the benchmark.

Giga Media Technical Analysis Modules

Most technical analysis of Giga Media help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Giga from various momentum indicators to cycle indicators. When you analyze Giga 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 Giga Media Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Giga Media. We use our internally-developed statistical techniques to arrive at the intrinsic value of Giga Media based on widely used predictive technical indicators. In general, we focus on analyzing Giga Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Giga Media's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Giga Media's intrinsic value. In addition to deriving basic predictive indicators for Giga Media, we also check how macroeconomic factors affect Giga Media price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield9.68E-40.001004
Price To Sales Ratio3.582.36
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Giga Media'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.
Hype
Prediction
LowEstimatedHigh
0.071.313.45
Details
Intrinsic
Valuation
LowRealHigh
0.061.103.24
Details
Naive
Forecast
LowNextHigh
0.031.283.42
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.291.351.41
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Giga Media. Your research has to be compared to or analyzed against Giga Media's peers to derive any actionable benefits. When done correctly, Giga Media'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 Giga Media.

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Theme Ratings

Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Giant Impact Idea
Giant Impact
Invested few shares
Precious Metals ETFs Idea
Precious Metals ETFs
Invested over 50 shares
When determining whether Giga Media is a strong investment it is important to analyze Giga Media'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 Giga Media's future performance. For an informed investment choice regarding Giga Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Giga Media. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Giga Stock, please use our How to Invest in Giga Media guide.
Note that the Giga Media information on this page should be used as a complementary analysis to other Giga Media's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Giga Stock analysis

When running Giga Media's price analysis, check to measure Giga Media'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 Giga Media is operating at the current time. Most of Giga Media's value examination focuses on studying past and present price action to predict the probability of Giga Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Giga Media's price. Additionally, you may evaluate how the addition of Giga Media to your portfolios can decrease your overall portfolio volatility.
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Is Giga Media's industry 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 Giga Media. If investors know Giga 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 Giga Media listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.36)
Revenue Per Share
0.334
Quarterly Revenue Growth
(0.45)
Return On Assets
(0.05)
Return On Equity
(0.09)
The market value of Giga Media is measured differently than its book value, which is the value of Giga that is recorded on the company's balance sheet. Investors also form their own opinion of Giga Media's value that differs from its market value or its book value, called intrinsic value, which is Giga Media'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 Giga Media's market value can be influenced by many factors that don't directly affect Giga Media'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 Giga Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Giga Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Giga Media'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.