MGM Resorts Stock Forecast - 8 Period Moving Average
| MGG Stock | EUR 31.05 0.00 0.00% |
The 8 Period Moving Average forecasted value of MGM Resorts International on the next trading day is expected to be 31.31 with a mean absolute deviation of 0.75 and the sum of the absolute errors of 39.78. MGM Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of MGM Resorts' historical fundamentals, such as revenue growth or operating cash flow patterns.
As of 6th of January 2026 The value of RSI of MGM Resorts' share price is above 80 . This indicates that the stock is significantly overbought by investors. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 85
Buy Peaked
Oversold | Overbought |
Using MGM Resorts hype-based prediction, you can estimate the value of MGM Resorts International from the perspective of MGM Resorts response to recently generated media hype and the effects of current headlines on its competitors.
The 8 Period Moving Average forecasted value of MGM Resorts International on the next trading day is expected to be 31.31 with a mean absolute deviation of 0.75 and the sum of the absolute errors of 39.78. MGM Resorts after-hype prediction price | EUR 31.05 |
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.
MGM |
MGM Resorts Additional Predictive Modules
Most predictive techniques to examine MGM price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for MGM using various technical indicators. When you analyze MGM 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
MGM Resorts 8 Period Moving Average Price Forecast For the 7th of January
Given 90 days horizon, the 8 Period Moving Average forecasted value of MGM Resorts International on the next trading day is expected to be 31.31 with a mean absolute deviation of 0.75, mean absolute percentage error of 0.91, and the sum of the absolute errors of 39.78.Please note that although there have been many attempts to predict MGM Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that MGM Resorts' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
MGM Resorts Stock Forecast Pattern
| Backtest MGM Resorts | MGM Resorts Price Prediction | Buy or Sell Advice |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of MGM Resorts stock data series using in forecasting. Note that when a statistical model is used to represent MGM Resorts 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.| AIC | Akaike Information Criteria | 103.3144 |
| Bias | Arithmetic mean of the errors | -0.312 |
| MAD | Mean absolute deviation | 0.7506 |
| MAPE | Mean absolute percentage error | 0.026 |
| SAE | Sum of the absolute errors | 39.7812 |
Predictive Modules for MGM Resorts
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MGM Resorts International. 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.MGM Resorts Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with MGM Resorts stock to make a market-neutral strategy. Peer analysis of MGM Resorts could also be used in its relative valuation, which is a method of valuing MGM Resorts by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MGM Resorts Market Strength Events
Market strength indicators help investors to evaluate how MGM Resorts stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MGM Resorts shares will generate the highest return on investment. By undertsting and applying MGM Resorts stock market strength indicators, traders can identify MGM Resorts International entry and exit signals to maximize returns.
MGM Resorts Risk Indicators
The analysis of MGM Resorts' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in MGM Resorts' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mgm stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.57 | |||
| Semi Deviation | 2.14 | |||
| Standard Deviation | 2.18 | |||
| Variance | 4.73 | |||
| Downside Variance | 5.15 | |||
| Semi Variance | 4.59 | |||
| Expected Short fall | (1.58) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Additional Information and Resources on Investing in MGM Stock
When determining whether MGM Resorts International is a strong investment it is important to analyze MGM Resorts' 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 MGM Resorts' future performance. For an informed investment choice regarding MGM Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.