International Game Related Correlations

IGT Stock  USD 20.00  0.02  0.10%   
Generate correlation matrix for International Game and other related equities to check the degree to which International Game Technology price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for International Game Technology. To filter out specific equities, please toggle its corresponding legend item. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Game Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
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Is International Game's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of International Game. If investors know International will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about International Game listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.65)
Dividend Share
0.8
Earnings Share
0.77
Revenue Per Share
21.545
Quarterly Revenue Growth
0.035
The market value of International Game is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Game's value that differs from its market value or its book value, called intrinsic value, which is International Game's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because International Game's market value can be influenced by many factors that don't directly affect International Game's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between International Game's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Game is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Game's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Correlations

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