International Game Technology Stock Alpha and Beta Analysis
| IGT Stock | USD 17.23 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as International Game Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in International Game over a specified time horizon. Remember, high International Game's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to International Game's market risk premium analysis include:
Beta 0.12 | Alpha (0.31) | Risk 1.55 | Sharpe Ratio (0.19) | Expected Return (0.29) |
International Game Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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International Game Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. International Game market risk premium is the additional return an investor will receive from holding International Game long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in International Game. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate International Game's performance over market.| α | -0.31 | β | 0.12 |
International Game expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of International Game's Buy-and-hold return. Our buy-and-hold chart shows how International Game performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.International Game Market Price Analysis
Market price analysis indicators help investors to evaluate how International Game stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading International Game shares will generate the highest return on investment. By understating and applying International Game stock market price indicators, traders can identify International Game position entry and exit signals to maximize returns.
International Game Return and Market Media
The median price of International Game for the period between Tue, Oct 1, 2024 and Mon, Dec 30, 2024 is 20.11 with a coefficient of variation of 6.06. The daily time series for the period is distributed with a sample standard deviation of 1.19, arithmetic mean of 19.71, and mean deviation of 0.96. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 16000 shares by Satre Philip G of International Game at 16.17 subject to Rule 16b-3 | 10/10/2024 |
2 | IGT Strengthens Partnership with La Franaise des Jeux via Three-Year Contract to Launch Innovative Instant Tickets | 10/22/2024 |
3 | International Game Technology PLC Receives Average Recommendation of Moderate Buy from Brokerages | 10/31/2024 |
4 | International Game Technology Plc Q3 2024 Earnings Call Transcript | 11/12/2024 |
5 | Q3 2024 International Game Technology PLC Earnings Call Transcript | 11/13/2024 |
6 | International Game Technology Releases Quarterly Earnings Results, Misses Expectations By 0.24 EPS | 11/14/2024 |
7 | International Game Technology Will Pay A Dividend Of 0.20 | 11/15/2024 |
8 | International Game Technology Announces Expiration of Hart-Scott-Rodino Act Waiting Period | 11/21/2024 |
9 | Brokerages Set International Game Technology PLC Target Price at 28.67 | 11/25/2024 |
10 | Why Is International Game Technology PLC Among the Best Gambling Stocks to Buy According to Hedge Funds | 12/05/2024 |
11 | Playtika Teams Up with IGT to Bring World-Class Slots to Social Casino Games | 12/20/2024 |
About International Game Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including International or other stocks. Alpha measures the amount that position in International Game has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.00692 | 0.0352 | 0.0292 | 0.0553 | Price To Sales Ratio | 1.45 | 1.08 | 1.27 | 1.88 |
International Game Upcoming Company Events
As portrayed in its financial statements, the presentation of International Game's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, International Game's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of International Game's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of International Game. Please utilize our Beneish M Score to check the likelihood of International Game's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with International Game
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Additional Tools for International Stock Analysis
When running International Game's price analysis, check to measure International Game'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 International Game is operating at the current time. Most of International Game's value examination focuses on studying past and present price action to predict the probability of International Game's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Game's price. Additionally, you may evaluate how the addition of International Game to your portfolios can decrease your overall portfolio volatility.