Playtech Plc Stock Forecast - Double Exponential Smoothing

PTEC Stock   273.00  2.00  0.74%   
Playtech Stock outlook is based on your current time horizon.
At the present time, the relative strength indicator of Playtech Plc's share price is approaching 47 indicating that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Playtech Plc, making its price go up or down.

Momentum 47

 Impartial

 
Oversold
 
Overbought
The successful prediction of Playtech Plc'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 Playtech Plc and does not consider all of the tangible or intangible factors available from Playtech Plc's fundamental data. We analyze noise-free headlines and recent hype associated with Playtech Plc, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Playtech Plc's stock price prediction:
Quarterly Earnings Growth
254.759
EPS Estimate Current Year
0.141
EPS Estimate Next Year
0.1961
Wall Street Target Price
445.4453
Quarterly Revenue Growth
(0.1)
Using Playtech Plc hype-based prediction, you can estimate the value of Playtech Plc from the perspective of Playtech Plc response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Playtech Plc on the next trading day is expected to be 272.48 with a mean absolute deviation of 4.52 and the sum of the absolute errors of 266.88.

Playtech Plc after-hype prediction price

    
  GBX 270.85  
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 Historical Fundamental Analysis of Playtech Plc to cross-verify your projections.

Playtech Plc Additional Predictive Modules

Most predictive techniques to examine Playtech price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Playtech using various technical indicators. When you analyze Playtech 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.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Playtech Plc works best with periods where there are trends or seasonality.

Playtech Plc Double Exponential Smoothing Price Forecast For the 27th of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Playtech Plc on the next trading day is expected to be 272.48 with a mean absolute deviation of 4.52, mean absolute percentage error of 34.76, and the sum of the absolute errors of 266.88.
Please note that although there have been many attempts to predict Playtech 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 Playtech Plc's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Playtech Plc Stock Forecast Pattern

Backtest Playtech Plc  Playtech Plc Price Prediction  Buy or Sell Advice  

Playtech Plc Forecasted Value

In the context of forecasting Playtech Plc's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Playtech Plc's downside and upside margins for the forecasting period are 270.25 and 274.72, respectively. We have considered Playtech Plc's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
273.00
270.25
Downside
272.48
Expected Value
274.72
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Playtech Plc stock data series using in forecasting. Note that when a statistical model is used to represent Playtech Plc 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.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors -0.6356
MADMean absolute deviation4.5234
MAPEMean absolute percentage error0.017
SAESum of the absolute errors266.8814
When Playtech Plc prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Playtech Plc trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Playtech Plc observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Playtech Plc

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Playtech Plc. 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
LowEstimatedHigh
268.60270.85273.10
Details
Intrinsic
Valuation
LowRealHigh
265.34267.59298.10
Details
Bollinger
Band Projection (param)
LowMiddleHigh
262.85275.67288.48
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.050.050.05
Details

Playtech Plc After-Hype Price Density Analysis

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

Playtech Plc Estimiated After-Hype Price Volatility

In the context of predicting Playtech Plc's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Playtech Plc's historical news coverage. Playtech Plc's after-hype downside and upside margins for the prediction period are 268.60 and 273.10, respectively. We have considered Playtech Plc'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
273.00
268.60
Downside
270.85
After-hype Price
273.10
Upside
Playtech Plc is very steady at this time. Analysis and calculation of next after-hype price of Playtech Plc is based on 3 months time horizon.

Playtech Plc Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Playtech Plc is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Playtech Plc 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 Playtech Plc, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.04 
2.24
  0.10 
 0.00  
5 Events / Month
0 Events / Month
In about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
273.00
270.85
0.06 
89.60  
Notes

Playtech Plc Hype Timeline

Playtech Plc is at this time traded for 273.00on London Exchange of UK. The entity has historical hype elasticity of -0.1, and average elasticity to hype of competition of 0.0. Playtech is projected to decline in value after the next headline, with the price expected to drop to 270.85. The average volatility of media hype impact on the company price is about 89.6%. The price decline on the next news is expected to be -0.06%, whereas the daily expected return is at this time at -0.04%. The volatility of related hype on Playtech Plc is about 2285.71%, with the expected price after the next announcement by competition of 273.00. About 31.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.57. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Playtech Plc last dividend was issued on the 8th of May 2025. Assuming the 90 days trading horizon the next projected press release will be in about 5 days.
Check out Historical Fundamental Analysis of Playtech Plc to cross-verify your projections.

Playtech Plc Related Hype Analysis

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

Other Forecasting Options for Playtech Plc

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

Playtech Plc 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 Playtech Plc stock to make a market-neutral strategy. Peer analysis of Playtech Plc could also be used in its relative valuation, which is a method of valuing Playtech Plc by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Playtech Plc Market Strength Events

Market strength indicators help investors to evaluate how Playtech Plc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Playtech Plc shares will generate the highest return on investment. By undertsting and applying Playtech Plc stock market strength indicators, traders can identify Playtech Plc entry and exit signals to maximize returns.

Playtech Plc Risk Indicators

The analysis of Playtech Plc's 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 Playtech Plc's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting playtech 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.
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.

Story Coverage note for Playtech Plc

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

Playtech Plc Short Properties

Playtech Plc's future price predictability will typically decrease when Playtech Plc's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Playtech Plc often depends not only on the future outlook of the potential Playtech Plc'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. Playtech Plc's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding305.4 M
Cash And Short Term Investments268.1 M

Additional Tools for Playtech Stock Analysis

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