Growgeneration Corp Stock Statistic Functions Variance

GRWG Stock  USD 1.91  0.01  0.53%   
GrowGeneration Corp statistic functions tool provides the execution environment for running the Variance function and other technical functions against GrowGeneration Corp. GrowGeneration Corp value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Variance function function is designed to identify and follow existing trends. GrowGeneration Corp statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period and Deviations to execute this module.

Function
Time Period
Deviations
Execute Function
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. GrowGeneration Corp Variance is a measurement of the price spread between periods of GrowGeneration Corp price series.

GrowGeneration Corp Technical Analysis Modules

Most technical analysis of GrowGeneration Corp help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for GrowGeneration from various momentum indicators to cycle indicators. When you analyze GrowGeneration 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 GrowGeneration Corp Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GrowGeneration Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of GrowGeneration Corp based on widely used predictive technical indicators. In general, we focus on analyzing GrowGeneration Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build GrowGeneration Corp's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of GrowGeneration Corp's intrinsic value. In addition to deriving basic predictive indicators for GrowGeneration Corp, we also check how macroeconomic factors affect GrowGeneration Corp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding7.0712.5314.699.31
PTB Ratio2.081.10.890.84
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GrowGeneration Corp'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.
Hype
Prediction
LowEstimatedHigh
0.101.915.71
Details
Intrinsic
Valuation
LowRealHigh
0.132.606.40
Details
Naive
Forecast
LowNextHigh
0.041.985.78
Details
4 Analysts
Consensus
LowTargetHigh
4.514.965.51
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards GrowGeneration Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, GrowGeneration Corp's short interest history, or implied volatility extrapolated from GrowGeneration Corp options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 40 shares
Momentum Idea
Momentum
Invested over 50 shares
Investor Favorites Idea
Investor Favorites
Invested over 200 shares
FinTech Idea
FinTech
Invested over 40 shares
Social Domain Idea
Social Domain
Invested few shares
Impulse Idea
Impulse
Invested few shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Blockchain Idea
Blockchain
Invested few shares
Technology Idea
Technology
Invested few shares
When determining whether GrowGeneration Corp is a strong investment it is important to analyze GrowGeneration Corp'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 GrowGeneration Corp's future performance. For an informed investment choice regarding GrowGeneration Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GrowGeneration Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more detail on how to invest in GrowGeneration Stock please use our How to Invest in GrowGeneration Corp guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Home Improvement Retail 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 GrowGeneration Corp. If investors know GrowGeneration 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 GrowGeneration Corp 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
0.147
Earnings Share
(0.88)
Revenue Per Share
3.31
Quarterly Revenue Growth
(0.10)
Return On Assets
(0.1)
The market value of GrowGeneration Corp is measured differently than its book value, which is the value of GrowGeneration that is recorded on the company's balance sheet. Investors also form their own opinion of GrowGeneration Corp's value that differs from its market value or its book value, called intrinsic value, which is GrowGeneration Corp'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 GrowGeneration Corp's market value can be influenced by many factors that don't directly affect GrowGeneration Corp'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 GrowGeneration Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if GrowGeneration Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GrowGeneration Corp'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.