Gray Television Stock Forecast - Price Action Indicator

GTN Stock  USD 5.79  0.14  2.48%   
Gray Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Gray Television stock prices and determine the direction of Gray Television's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Gray Television's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Gray Television's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Gray Television's systematic risk associated with finding meaningful patterns of Gray Television fundamentals over time.
Check out Historical Fundamental Analysis of Gray Television to cross-verify your projections.
To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.
  
At this time, Gray Television's Inventory Turnover is very stable compared to the past year. As of the 19th of April 2024, Payables Turnover is likely to grow to 124.22, while Fixed Asset Turnover is likely to drop 1.86. . As of the 19th of April 2024, Net Income Applicable To Common Shares is likely to grow to about 486.6 M, while Common Stock Shares Outstanding is likely to drop about 50.2 M.

Open Interest Against 2024-04-19 Gray Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Gray Television's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Gray Television's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Gray Television stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Gray Television's open interest, investors have to compare it to Gray Television's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Gray Television is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Gray. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Gray Television has current Price Action Indicator of 0.17.
Most investors in Gray Television 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 Gray Television's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Gray Television's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check Gray Television VolatilityBacktest Gray TelevisionInformation Ratio  

Gray Television Trading Date Momentum

On April 19 2024 Gray Television was traded for  5.79  at the closing time. Highest Gray Television's price during the trading hours was 5.79  and the lowest price during the day was  5.59 . There was no trading activity during the period 0.0. Lack of trading volume on the 19th of April did not cause price change. The overall trading delta to current price is 2.25% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Gray Television

For every potential investor in Gray, whether a beginner or expert, Gray Television's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Gray Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Gray. Basic forecasting techniques help filter out the noise by identifying Gray Television's price trends.

Gray Television 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 Gray Television stock to make a market-neutral strategy. Peer analysis of Gray Television could also be used in its relative valuation, which is a method of valuing Gray Television by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Gray Television 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 Gray Television'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 Gray Television's current price.

Gray Television Market Strength Events

Market strength indicators help investors to evaluate how Gray Television stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gray Television shares will generate the highest return on investment. By undertsting and applying Gray Television stock market strength indicators, traders can identify Gray Television entry and exit signals to maximize returns.

Gray Television Risk Indicators

The analysis of Gray Television'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 Gray Television's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gray 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.
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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When determining whether Gray Television offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gray Television's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gray Television Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gray Television Stock:
Check out Historical Fundamental Analysis of Gray Television to cross-verify your projections.
To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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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Is Gray Television'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 Gray Television. If investors know Gray 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 Gray Television listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
10.164
Dividend Share
0.32
Earnings Share
(1.39)
Revenue Per Share
35.663
Quarterly Revenue Growth
(0.19)
The market value of Gray Television is measured differently than its book value, which is the value of Gray that is recorded on the company's balance sheet. Investors also form their own opinion of Gray Television's value that differs from its market value or its book value, called intrinsic value, which is Gray Television'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 Gray Television's market value can be influenced by many factors that don't directly affect Gray Television'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 Gray Television's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gray Television is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gray Television'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.