Giga Media Stock Price Prediction

GIGM Stock  USD 1.31  0.02  1.55%   
As of now the relative strength index (rsi) of Giga Media's share price is below 20 . This usually indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Oversold Vs Overbought

48

 
Oversold
 
Overbought
Giga Media stock price prediction is an act of determining the future value of Giga Media shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Giga Media's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Giga Media and does not consider all of the tangible or intangible factors available from Giga Media's fundamental data. We analyze noise-free headlines and recent hype associated with Giga Media, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Giga Media's stock price prediction:
Wall Street Target Price
1.5
Quarterly Revenue Growth
(0.21)
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Giga Media based on different types of headlines from major news networks to social media. The Giga stock price prediction module provides an analysis of price elasticity to changes in media outlook on Giga Media over a specific investment horizon. Using Giga Media hype-based prediction, you can estimate the value of Giga Media from the perspective of Giga Media response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in Giga Media. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Giga Media to buy its stock at a price that has no basis in reality. In that case, they are not buying Giga 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.

Giga Media after-hype prediction price

    
  USD 1.32  
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 Giga Media Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Giga Stock, please use our How to Invest in Giga Media guide.
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.
Intrinsic
Valuation
LowRealHigh
0.061.122.90
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.

Giga Media After-Hype Price Prediction Density Analysis

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

Giga Media Estimiated After-Hype Price Volatility

In the context of predicting Giga Media's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Giga Media's historical news coverage. Giga Media's after-hype downside and upside margins for the prediction period are 0.07 and 3.10, respectively. We have considered Giga Media'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
1.31
1.32
After-hype Price
3.10
Upside
Giga Media is very risky at this time. Analysis and calculation of next after-hype price of Giga Media is based on 3 months time horizon.

Giga Media Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Giga Media is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Giga Media 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 Giga Media, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.11 
1.78
  0.01 
  0.04 
8 Events / Month
0 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.31
1.32
0.76 
1,780  
Notes

Giga Media Hype Timeline

Giga Media is currently traded for 1.31. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of -0.04. Giga is forecasted to increase in value after the next headline, with the price projected to jump to 1.32 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is projected to be 0.76%, whereas the daily expected return is currently at -0.11%. The volatility of related hype on Giga Media is about 515.94%, with the expected price after the next announcement by competition of 1.27. The company reported the previous year's revenue of 4.29 M. Net Loss for the year was (1.03 M) with profit before overhead, payroll, taxes, and interest of 3.25 M. Given the investment horizon of 90 days the next forecasted press release will be in about 8 days.
Check out Giga Media Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Giga Stock, please use our How to Invest in Giga Media guide.

Giga Media Related Hype Analysis

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

Giga Media Additional Predictive Modules

Most predictive techniques to examine Giga price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Giga using various technical 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 Indicators

The successful prediction of Giga Media 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 Giga Media, 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 Giga Media based on analysis of Giga Media hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Giga Media's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Giga Media's related companies.
 2021 2022 2023 2024 (projected)
PTB Ratio0.490.280.360.34
Price To Sales Ratio4.532.393.582.36

Story Coverage note for Giga Media

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

Giga Media Short Properties

Giga Media's future price predictability will typically decrease when Giga Media's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Giga Media often depends not only on the future outlook of the potential Giga Media'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. Giga Media's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding11.1 M
Cash And Short Term Investments38.8 M
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 Giga Media Basic Forecasting Models to cross-verify your projections.
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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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
(0.09)
Revenue Per Share
0.388
Quarterly Revenue Growth
(0.21)
Return On Assets
(0.04)
Return On Equity
(0.08)
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.