International Game Stock Forecast - Polynomial Regression

International Game polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for International Game Technology as well as the accuracy indicators are determined from the period prices.

International Game Polynomial Regression Price Forecast For the 21st of July

Given 90 days horizon, the Polynomial Regression forecasted value of International Game Technology on the next trading day is expected to be 19.33 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.14, and the sum of the absolute errors of 17.14.

International Game Stock Forecast Pattern

Backtest International Game

International Game Price Prediction

Buy or Sell Advice

International Game Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of International Game stock data series using in forecasting. Note that when a statistical model is used to represent International Game stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality. A single variable polynomial regression model attempts to put a curve through the International Game historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a₀ + a₁*X + a₂*X² + a₃*X³ + ... + a_m*X^m

Predictive Modules for International Game

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as International Game. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Hype Prediction Low Estimated High 16.00 18.23 20.46 Details

Intrinsic Valuation Low Real High 12.45 14.68 19.95 Details

Bollinger Band Projection (param) Low Middle High 14.81 16.77 18.72 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as International Game. Your research has to be compared to or analyzed against International Game's peers to derive any actionable benefits. When done correctly, International Game'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 International Game.

Other Forecasting Options for International Game

For every potential investor in International, whether a beginner or expert, International Game's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. International Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in International. Basic forecasting techniques help filter out the noise by identifying International Game's price trends.

International Game Related Equities

Risk & Return

Correlation

International Game Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of International Game's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of International Game's current price.

International Game Market Strength Events

International Game Risk Indicators

Other Consideration for investing in International Stock