Gray Television Stock Buy Hold or Sell Recommendation
| GTNA Stock | USD 6.88 0.41 5.62% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Gray Television is 'Strong Sell'. Macroaxis provides Gray Television buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GTNA positions.
Check out Gray Television Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Gray Stock refer to our How to Trade Gray Stock guide. In addition, we conduct extensive research on individual companies such as Gray and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Gray Television. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Gray |
Execute Gray Television Buy or Sell Advice
The Gray recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Gray Television. Macroaxis does not own or have any residual interests in Gray Television or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Gray Television's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Risky | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Gray Television Trading Alerts and Improvement Suggestions
| Gray Television had very high historical volatility over the last 90 days | |
| Gray Television is unlikely to experience financial distress in the next 2 years | |
| Gray Television has a strong financial position based on the latest SEC filings | |
| Latest headline from news.google.com: Gray Television makes progress on debt reduction - Seeking Alpha |
Gray Television Returns Distribution Density
The distribution of Gray Television's historical returns is an attempt to chart the uncertainty of Gray Television's future price movements. The chart of the probability distribution of Gray Television daily returns describes the distribution of returns around its average expected value. We use Gray Television price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Gray Television returns is essential to provide solid investment advice for Gray Television.
| Mean Return | 0.09 | Value At Risk | -8.3 | Potential Upside | 9.09 | Standard Deviation | 7.65 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Gray Television historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Gray Television Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (1.2B) | 561M | (584M) | (128M) | (115.2M) | (109.4M) | |
| Depreciation | 245M | 96M | 104M | 129M | 148.4M | 155.8M | |
| Net Income | 179M | 410M | 90M | 455M | 523.3M | 549.4M |
Gray Television Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Gray Television or Entertainment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Gray Television's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Gray stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | -1.13 | |
σ | Overall volatility | 7.71 | |
Ir | Information ratio | -0.0041 |
Gray Television Volatility Alert
Gray Television is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Gray Television's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Gray Television's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Gray Television Fundamentals Vs Peers
Comparing Gray Television's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Gray Television's direct or indirect competition across all of the common fundamentals between Gray Television and the related equities. This way, we can detect undervalued stocks with similar characteristics as Gray Television or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Gray Television's fundamental indicators could also be used in its relative valuation, which is a method of valuing Gray Television by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Gray Television to competition |
| Fundamentals | Gray Television | Peer Average |
| Return On Equity | 0.11 | -0.31 |
| Revenue | 3.68 B | 9.43 B |
| Net Income | 455 M | 570.98 M |
| Total Debt | 8.39 B | 5.32 B |
| Cash Flow From Operations | 829 M | 971.22 M |
| Earnings Per Share | 2.32 X | 3.12 X |
| Market Capitalization | 852.28 M | 19.03 B |
| Total Asset | 11.15 B | 29.47 B |
| Retained Earnings | 1.24 B | 9.33 B |
| Net Asset | 11.15 B |
Note: Disposition of tradable shares by Atlantic American Corp of Gray Television subject to Rule 16b-3 [view details]
Gray Television Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Gray . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Gray Television Buy or Sell Advice
When is the right time to buy or sell Gray Television? Buying financial instruments such as Gray Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Gray Television in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Financials Theme or any other thematic opportunities.
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Check out Gray Television Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Gray Stock refer to our How to Trade Gray Stock guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Movies & Entertainment space 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.
Earnings Share 2.3178 | Return On Equity 0.1103 |
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.