TEGNA (Germany) Price Prediction

GTT Stock  EUR 17.70  0.30  1.67%   
The value of RSI of TEGNA's the stock price is roughly 61. This usually indicates that the stock is rather overbought by investors as of 30th of November 2024. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling TEGNA, making its price go up or down.

Oversold Vs Overbought

61

 
Oversold
 
Overbought
The successful prediction of TEGNA'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 TEGNA and does not consider all of the tangible or intangible factors available from TEGNA's fundamental data. We analyze noise-free headlines and recent hype associated with TEGNA Inc, which may create opportunities for some arbitrage if properly timed.
Using TEGNA hype-based prediction, you can estimate the value of TEGNA Inc from the perspective of TEGNA response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in TEGNA to buy its stock at a price that has no basis in reality. In that case, they are not buying TEGNA 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.

TEGNA after-hype prediction price

    
  EUR 17.7  
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 TEGNA Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
17.2319.4421.65
Details
Naive
Forecast
LowNextHigh
15.2217.4319.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.7217.5618.40
Details

TEGNA After-Hype Price Prediction Density Analysis

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

TEGNA Estimiated After-Hype Price Volatility

In the context of predicting TEGNA's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on TEGNA's historical news coverage. TEGNA's after-hype downside and upside margins for the prediction period are 15.49 and 19.91, respectively. We have considered TEGNA'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
17.70
17.70
After-hype Price
19.91
Upside
TEGNA is not too volatile at this time. Analysis and calculation of next after-hype price of TEGNA Inc is based on 3 months time horizon.

TEGNA Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as TEGNA is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TEGNA 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 TEGNA, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.57 
2.21
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
17.70
17.70
0.00 
0.00  
Notes

TEGNA Hype Timeline

TEGNA Inc is currently traded for 17.70on Frankfurt Exchange of Germany. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. TEGNA is estimated 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 estimated to be very small, whereas the daily expected return is currently at 0.57%. %. The volatility of related hype on TEGNA is about 0.0%, with the expected price after the next announcement by competition of 17.70. About 90.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.52. Some equities with similar Price to Book (P/B) outperform the market in the long run. TEGNA Inc has Price/Earnings To Growth (PEG) ratio of 0.99. The entity last dividend was issued on the 9th of March 2023. Assuming the 90 days horizon the next estimated press release will be in a few days.
Check out TEGNA Basic Forecasting Models to cross-verify your projections.

TEGNA Related Hype Analysis

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

TEGNA Additional Predictive Modules

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

The successful prediction of TEGNA 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 TEGNA Inc, 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 TEGNA based on analysis of TEGNA hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to TEGNA's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to TEGNA's related companies.

Story Coverage note for TEGNA

The number of cover stories for TEGNA depends on current market conditions and TEGNA's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that TEGNA 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 TEGNA'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

TEGNA Short Properties

TEGNA's future price predictability will typically decrease when TEGNA's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of TEGNA Inc often depends not only on the future outlook of the potential TEGNA'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. TEGNA's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding223.4 M

Complementary Tools for TEGNA Stock analysis

When running TEGNA's price analysis, check to measure TEGNA'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 TEGNA is operating at the current time. Most of TEGNA's value examination focuses on studying past and present price action to predict the probability of TEGNA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TEGNA's price. Additionally, you may evaluate how the addition of TEGNA to your portfolios can decrease your overall portfolio volatility.
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