Playags Stock Odds of Future Stock Price Finishing Over 11.66
| AGS Stock | USD 11.66 0.01 0.09% |
Closest to current price PlayAGS long CALL Option Payoff at Expiration
PlayAGS |
PlayAGS Target Price Odds to finish over 11.66
The tendency of PlayAGS Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 11.66 | 90 days | 11.66 | about 14.4 |
Based on a normal probability distribution, the odds of PlayAGS to move above the current price in 90 days from now is about 14.4 (This PlayAGS probability density function shows the probability of PlayAGS Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon PlayAGS has a beta of 0.0647. This suggests as returns on the market go up, PlayAGS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PlayAGS will be expected to be much smaller as well. Additionally PlayAGS has an alpha of 0.0287, implying that it can generate a 0.0287 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PlayAGS Price Density |
| Price |
Predictive Modules for PlayAGS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PlayAGS. 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.PlayAGS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PlayAGS is not an exception. The market had few large corrections towards the PlayAGS's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold PlayAGS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PlayAGS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.28 |
PlayAGS Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of PlayAGS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PlayAGS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 78.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: ImmuneSensor Therapeutics Receives Orphan Drug and Rare Pediatric Disease Designations from the U.S. FDA for cGAS Inhibitor Drug Candidate, IMSB301, for the Treatment of Aicardi Goutires Syndrome |
PlayAGS Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of PlayAGS Stock often depends not only on the future outlook of the current and potential PlayAGS'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. PlayAGS's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 38.2 M | |
| Cash And Short Term Investments | 51.2 M |
PlayAGS Technical Analysis
PlayAGS's future price can be derived by breaking down and analyzing its technical indicators over time. PlayAGS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PlayAGS. In general, you should focus on analyzing PlayAGS Stock price patterns and their correlations with different microeconomic environments and drivers.
PlayAGS Predictive Forecast Models
PlayAGS's time-series forecasting models is one of many PlayAGS's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary PlayAGS's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about PlayAGS
Checking the ongoing alerts about PlayAGS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PlayAGS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 78.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: ImmuneSensor Therapeutics Receives Orphan Drug and Rare Pediatric Disease Designations from the U.S. FDA for cGAS Inhibitor Drug Candidate, IMSB301, for the Treatment of Aicardi Goutires Syndrome |
Additional Tools for PlayAGS Stock Analysis
When running PlayAGS's price analysis, check to measure PlayAGS'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 PlayAGS is operating at the current time. Most of PlayAGS's value examination focuses on studying past and present price action to predict the probability of PlayAGS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PlayAGS's price. Additionally, you may evaluate how the addition of PlayAGS to your portfolios can decrease your overall portfolio volatility.