International Game Stock Forecast - Rate Of Daily Change

IGT Stock  USD 20.20  0.20  1.00%   
International Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast International Game stock prices and determine the direction of International Game Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of International Game's historical fundamentals, such as revenue growth or operating cash flow patterns. Although International Game's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of International Game's systematic risk associated with finding meaningful patterns of International Game fundamentals over time.
Check out Historical Fundamental Analysis of International Game to cross-verify your projections.
  
Asset Turnover is likely to gain to 0.43 in 2024, whereas Inventory Turnover is likely to drop 6.60 in 2024. . Net Income Applicable To Common Shares is likely to gain to about 332.1 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 182.3 M in 2024.

Open Interest Against 2024-04-19 International Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast International Game's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in International Game's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for International Game stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current International Game's open interest, investors have to compare it to International Game's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of International Game is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in International. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
International Game Technology has current Rate Of Daily Change of 1.01.
Most investors in International Game cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the International Game's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets International Game's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of International Game.
Check International Game VolatilityBacktest International GameInformation Ratio  

International Game Trading Date Momentum

On April 19 2024 International Game Technology was traded for  20.20  at the closing time. Highest International Game's price during the trading hours was 20.22  and the lowest price during the day was  19.88 . The net volume was 1.3 M. The overall trading history on the 19th of April did not cause price change. The trading delta at closing time to current price is 1.58% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for International Game

For every potential investor in International, whether a beginner or expert, International Game's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. International Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in International. Basic forecasting techniques help filter out the noise by identifying International Game's price trends.

International Game Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with International Game stock to make a market-neutral strategy. Peer analysis of International Game could also be used in its relative valuation, which is a method of valuing International Game by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

International Game Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of International Game's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of International Game's current price.

International Game Market Strength Events

Market strength 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 undertsting and applying International Game stock market strength indicators, traders can identify International Game Technology entry and exit signals to maximize returns.

International Game Risk Indicators

The analysis of International Game's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in International Game's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting international stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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When determining whether International Game is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if International Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about International Game Technology Stock. Highlighted below are key reports to facilitate an investment decision about International Game Technology Stock:
Check out Historical Fundamental Analysis of International Game to cross-verify your projections.
Note that the International Game information on this page should be used as a complementary analysis to other International Game's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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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.
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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.