Scientific Games (Germany) Price on May 23, 2024

TJW Stock  EUR 84.50  1.00  1.17%   
If you're considering investing in Scientific Stock, it is important to understand the factors that can impact its price. As of today, the current price of Scientific Games stands at 84.50, as last reported on the 20th of December, with the highest price reaching 84.50 and the lowest price hitting 84.50 during the day. Scientific Games owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0737, which indicates the firm had a -0.0737% return per unit of risk over the last 3 months. Scientific Games exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scientific Games' Risk Adjusted Performance of (0.05), variance of 8.17, and Coefficient Of Variation of (1,338) to confirm the risk estimate we provide.
  
Scientific Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0737

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Estimated Market Risk

 2.89
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.21
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Scientific Games is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Scientific Games by adding Scientific Games to a well-diversified portfolio.

Scientific Games Valuation on May 23, 2024

It is possible to determine the worth of Scientific Games on a given historical date. On May 23, 2024 Scientific was worth 87.0 at the beginning of the trading date compared to the closed value of 87.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Scientific Games stock. Still, in general, we apply an absolute valuation method to find Scientific Games' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Scientific Games where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Scientific Games' related companies.
 Open High Low Close Volume
  88.00    88.00    88.00    88.00    1.00  
05/23/2024
  87.00    87.00    87.00    87.00    1.00  
  86.50    86.50    86.50    86.50    1.00  
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Open Value
87.0
87.0
Closing Value
95.67
Upside

Scientific Games Trading Date Momentum on May 23, 2024

On May 24 2024 Scientific Games was traded for  86.50  at the closing time. The highest daily price throughout the period was 86.50  and the lowest price was  86.50 . There was no trading activity during the period 1.0. Lack of trading volume on 05/24/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.57% . The trading price change to current closing price is 0.00% .

Scientific Games Fundamentals Correlations and Trends

By evaluating Scientific Games' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Scientific Games' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Scientific financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Scientific Games Stock history

Scientific Games investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Scientific is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Scientific Games will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Scientific Games stock prices may prove useful in developing a viable investing in Scientific Games
Scientific Games Corporation develops technology-based products and services, and related content for the gaming, lottery, and digital gaming industries worldwide. The company was founded in 1984 and is headquartered in Las Vegas, Nevada. SCIENT GAMES operates under Gambling classification in Germany and is traded on Frankfurt Stock Exchange. It employs 9700 people.

Scientific Games Stock Technical Analysis

Scientific Games technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Scientific Games technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Scientific Games trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Scientific Games Period Price Range

Low
December 20, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Scientific Games cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Scientific Games December 20, 2024 Market Strength

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

Scientific Games Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Scientific Games' price direction in advance. Along with the technical and fundamental analysis of Scientific Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Scientific to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Scientific Stock analysis

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