Green Thumb Industries Stock Price Prediction
| GTBIF Stock | USD 8.46 0.06 0.70% |
Oversold Vs Overbought
46
Oversold | Overbought |
It is a matter of debate whether otc 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 Green Thumb based on different types of headlines from major news networks to social media. Using Green Thumb hype-based prediction, you can estimate the value of Green Thumb Industries from the perspective of Green Thumb 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 Green Thumb. 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 Green Thumb to buy its otc stock at a price that has no basis in reality. In that case, they are not buying Green 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 otc stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Green Thumb after-hype prediction price | USD 8.46 |
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 otc price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Green |
Green Thumb After-Hype Price Prediction Density Analysis
As far as predicting the price of Green Thumb 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 Green Thumb 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 OTC Stock prices, such as prices of Green Thumb, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Green Thumb Estimiated After-Hype Price Volatility
In the context of predicting Green Thumb's otc stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Green Thumb's historical news coverage. Green Thumb's after-hype downside and upside margins for the prediction period are 4.34 and 12.58, respectively. We have considered Green Thumb'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
Green Thumb is slightly risky at this time. Analysis and calculation of next after-hype price of Green Thumb Industries is based on 3 months time horizon.
Green Thumb OTC Stock Price Prediction Analysis
Have you ever been surprised when a price of a OTC Stock such as Green Thumb is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Green Thumb 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 OTC 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 Green Thumb, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.23 | 4.12 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
8.46 | 8.46 | 0.00 |
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Green Thumb Hype Timeline
Green Thumb Industries is currently traded for 8.46. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Green is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at -0.23%. %. The volatility of related hype on Green Thumb is about 206000.0%, with the expected price after the next announcement by competition of 8.46. The company has price-to-book (P/B) ratio of 1.34. Some equities with similar Price to Book (P/B) outperform the market in the long run. Green Thumb Industries has Price/Earnings To Growth (PEG) ratio of 0.33. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 7th of January 2010. Assuming the 90 days horizon the next forecasted press release will be in a few days. Check out Green Thumb Basic Forecasting Models to cross-verify your projections.Green Thumb Related Hype Analysis
Having access to credible news sources related to Green Thumb's direct competition is more important than ever and may enhance your ability to predict Green Thumb's future price movements. Getting to know how Green Thumb'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 Green Thumb may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CURLF | Curaleaf Holdings | 0.00 | 0 per month | 0.00 | (0.12) | 5.07 | (6.19) | 43.19 | |
| TCNNF | Trulieve Cannabis Corp | 0.00 | 0 per month | 0.00 | (0.15) | 7.43 | (9.65) | 45.63 | |
| CRLBF | Cresco Labs | 0.00 | 0 per month | 0.00 | (0.13) | 9.17 | (6.15) | 33.32 | |
| GRWG | GrowGeneration Corp | (0.01) | 10 per month | 3.94 | (0.03) | 6.44 | (5.26) | 23.01 | |
| CWBHF | Charlottes Web Holdings | 0.00 | 0 per month | 0.00 | (0.11) | 7.69 | (7.69) | 21.03 |
Green Thumb Additional Predictive Modules
Most predictive techniques to examine Green price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Green using various technical indicators. When you analyze Green 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Green Thumb Predictive Indicators
The successful prediction of Green Thumb 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 Green Thumb Industries, 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 Green Thumb based on analysis of Green Thumb hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Green Thumb's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Green Thumb's related companies.
Story Coverage note for Green Thumb
The number of cover stories for Green Thumb depends on current market conditions and Green Thumb's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Green Thumb 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 Green Thumb's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
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Green Thumb Short Properties
Green Thumb's future price predictability will typically decrease when Green Thumb's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Green Thumb Industries often depends not only on the future outlook of the potential Green Thumb'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. Green Thumb's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 234.1 M |
Complementary Tools for Green OTC Stock analysis
When running Green Thumb's price analysis, check to measure Green Thumb'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 Green Thumb is operating at the current time. Most of Green Thumb's value examination focuses on studying past and present price action to predict the probability of Green Thumb's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Green Thumb's price. Additionally, you may evaluate how the addition of Green Thumb to your portfolios can decrease your overall portfolio volatility.
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