International Game Technology Price Prediction
| IGTDelisted Stock | USD 18.14 0.14 0.78% |
Momentum 57
Buy Extended
Oversold | Overbought |
Using International Game hype-based prediction, you can estimate the value of International Game Technology from the perspective of International Game response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in International Game to buy its stock at a price that has no basis in reality. In that case, they are not buying International because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
International Game after-hype prediction price | USD 18.23 |
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 delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
International |
International Game After-Hype Price Prediction Density Analysis
As far as predicting the price of International Game 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 International Game 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 International Game, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
International Game Estimiated After-Hype Price Volatility
In the context of predicting International Game's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on International Game's historical news coverage. International Game's after-hype downside and upside margins for the prediction period are 16.00 and 20.46, respectively. We have considered International Game'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
International Game is not too volatile at this time. Analysis and calculation of next after-hype price of International Game is based on 3 months time horizon.
International Game Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as International Game is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading International Game 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 Delisted 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 International Game, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.26 | 2.23 | 0.09 | 0.02 | 10 Events / Month | 3 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
18.14 | 18.23 | 0.50 |
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International Game Hype Timeline
On the 20th of July International Game is traded for 18.14. The entity has historical hype elasticity of 0.09, and average elasticity to hype of competition of -0.02. International is forecasted to increase in value after the next headline, with the price projected to jump to 18.23 or above. The average volatility of media hype impact on the company the price is over 100%. The price appreciation on the next news is projected to be 0.5%, whereas the daily expected return is currently at 0.26%. The volatility of related hype on International Game is about 3430.77%, with the expected price after the next announcement by competition of 18.12. The company reported the last year's revenue of 2.51 B. Total Income to common stockholders was 270 M with profit before taxes, overhead, and interest of 1.1 B. Considering the 90-day investment horizon the next forecasted press release will be in about 10 days. Check out International Game Basic Forecasting Models to cross-verify your projections.International Game Related Hype Analysis
Having access to credible news sources related to International Game's direct competition is more important than ever and may enhance your ability to predict International Game's future price movements. Getting to know how International Game'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 International Game may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NGMS | Neogames SA | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ACEL | Accel Entertainment | 0.07 | 11 per month | 1.68 | 0.01 | 2.46 | (2.13) | 9.76 | |
| AGS | PlayAGS | (0.01) | 8 per month | 0.29 | (0.29) | 0.49 | (0.50) | 1.85 | |
| EVRI | Everi Holdings | (0.01) | 11 per month | 0.23 | (0.17) | 0.73 | (0.36) | 2.10 | |
| LNW | Light Wonder | 0.63 | 12 per month | 3.09 | 0.07 | 4.88 | (5.01) | 17.91 | |
| INSE | Inspired Entertainment | (1.07) | 1 per month | 2.08 | 0.12 | 4.42 | (3.64) | 9.87 |
International Game Additional Predictive Modules
Most predictive techniques to examine International price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for International using various technical indicators. When you analyze International 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About International Game Predictive Indicators
The successful prediction of International Game stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as International Game Technology, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of International Game based on analysis of International Game hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to International Game's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to International Game's related companies.
Story Coverage note for International Game
The number of cover stories for International Game depends on current market conditions and International Game's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that International Game 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 International Game's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Latest Perspective From Macroaxis
International Game Short Properties
International Game's future price predictability will typically decrease when International Game's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of International Game Technology often depends not only on the future outlook of the potential International Game'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. International Game's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 204 M | |
| Cash And Short Term Investments | 584 M |
Check out International Game Basic Forecasting Models to cross-verify your projections. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Consideration for investing in International Stock
If you are still planning to invest in International Game check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the International Game's history and understand the potential risks before investing.
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