Neogamessa Stock Price Prediction

NGMS Stock  USD 29.40  0.01  0.03%   
The relative strength indicator of NeogamesSA's the stock price is slightly above 69. This indicates that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling NeogamesSA, making its price go up or down.

Oversold Vs Overbought

69

 
Oversold
 
Overbought
NeogamesSA stock price prediction is an act of determining the future value of NeogamesSA shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of NeogamesSA's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of NeogamesSA and does not consider all of the tangible or intangible factors available from NeogamesSA's fundamental data. We analyze noise-free headlines and recent hype associated with NeogamesSA, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting NeogamesSA's stock price prediction:
Quarterly Earnings Growth
(0.47)
EPS Estimate Next Quarter
(0.06)
EPS Estimate Current Year
(0.30)
Wall Street Target Price
28.8
EPS Estimate Current Quarter
(0.07)
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of NeogamesSA based on different types of headlines from major news networks to social media. The NeogamesSA stock price prediction module provides an analysis of price elasticity to changes in media outlook on NeogamesSA over a specific investment horizon. Using NeogamesSA hype-based prediction, you can estimate the value of NeogamesSA from the perspective of NeogamesSA response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards NeogamesSA using NeogamesSA's stock options and short interest. It helps to benchmark the overall future attitude of investors towards NeogamesSA using crowd psychology based on the activity and movement of NeogamesSA's stock price.

NeogamesSA Implied Volatility

    
  0.0  
NeogamesSA's implied volatility exposes the market's sentiment of NeogamesSA stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if NeogamesSA's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that NeogamesSA stock will not fluctuate a lot when NeogamesSA's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in NeogamesSA. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in NeogamesSA to buy its stock at a price that has no basis in reality. In that case, they are not buying NeogamesSA 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.

NeogamesSA after-hype prediction price

    
  USD 29.41  
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out NeogamesSA Basic Forecasting Models to cross-verify your projections.
For more information on how to buy NeogamesSA Stock please use our How to Invest in NeogamesSA guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NeogamesSA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
25.4925.8132.34
Details
Naive
Forecast
LowNextHigh
29.3629.6830.00
Details
5 Analysts
Consensus
LowTargetHigh
24.8027.2530.25
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.11-0.09-0.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NeogamesSA. Your research has to be compared to or analyzed against NeogamesSA's peers to derive any actionable benefits. When done correctly, NeogamesSA's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in NeogamesSA.

NeogamesSA After-Hype Price Prediction Density Analysis

As far as predicting the price of NeogamesSA 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 NeogamesSA 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 NeogamesSA, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

NeogamesSA Estimiated After-Hype Price Volatility

In the context of predicting NeogamesSA's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on NeogamesSA's historical news coverage. NeogamesSA's after-hype downside and upside margins for the prediction period are 29.09 and 29.73, respectively. We have considered NeogamesSA'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
29.40
29.41
After-hype Price
29.73
Upside
NeogamesSA is very steady at this time. Analysis and calculation of next after-hype price of NeogamesSA is based on 3 months time horizon.

NeogamesSA Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as NeogamesSA is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NeogamesSA 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 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 NeogamesSA, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.08 
0.32
  0.01 
 0.00  
7 Events / Month
0 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
29.40
29.41
0.03 
213.33  
Notes

NeogamesSA Hype Timeline

NeogamesSA is now traded for 29.40. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.0. NeogamesSA is expected to increase in value after the next headline, with the price projected to jump to 29.41 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 0.03%, whereas the daily expected return is now at 0.08%. The volatility of related hype on NeogamesSA is about 0.0%, with the expected price after the next announcement by competition of 29.40. The company reported the previous year's revenue of 191.54 M. Net Loss for the year was (18.28 M) with profit before overhead, payroll, taxes, and interest of 165.7 M. Given the investment horizon of 90 days the next expected press release will be in about 7 days.
Check out NeogamesSA Basic Forecasting Models to cross-verify your projections.
For more information on how to buy NeogamesSA Stock please use our How to Invest in NeogamesSA guide.

NeogamesSA Related Hype Analysis

Having access to credible news sources related to NeogamesSA's direct competition is more important than ever and may enhance your ability to predict NeogamesSA's future price movements. Getting to know how NeogamesSA'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 NeogamesSA may potentially react to the hype associated with one of its peers.

NeogamesSA Additional Predictive Modules

Most predictive techniques to examine NeogamesSA price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NeogamesSA using various technical indicators. When you analyze NeogamesSA 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.

About NeogamesSA Predictive Indicators

The successful prediction of NeogamesSA 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 NeogamesSA, 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 NeogamesSA based on analysis of NeogamesSA hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to NeogamesSA's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to NeogamesSA's related companies.
 2021 2023 2024 (projected)
Payables Turnover2.597.468.77
Days Of Inventory On Hand1.5E-51.7E-51.6E-5

Story Coverage note for NeogamesSA

The number of cover stories for NeogamesSA depends on current market conditions and NeogamesSA's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that NeogamesSA 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 NeogamesSA's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

NeogamesSA Short Properties

NeogamesSA's future price predictability will typically decrease when NeogamesSA's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of NeogamesSA often depends not only on the future outlook of the potential NeogamesSA'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. NeogamesSA's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding33.6 M
Cash And Short Term Investments29.5 M
When determining whether NeogamesSA is a strong investment it is important to analyze NeogamesSA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NeogamesSA's future performance. For an informed investment choice regarding NeogamesSA Stock, refer to the following important reports:
Check out NeogamesSA Basic Forecasting Models to cross-verify your projections.
For more information on how to buy NeogamesSA Stock please use our How to Invest in NeogamesSA guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Is NeogamesSA'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 NeogamesSA. If investors know NeogamesSA 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 NeogamesSA 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
(0.47)
Earnings Share
(0.36)
Revenue Per Share
5.695
Quarterly Revenue Growth
(0.31)
Return On Assets
(0.03)
The market value of NeogamesSA is measured differently than its book value, which is the value of NeogamesSA that is recorded on the company's balance sheet. Investors also form their own opinion of NeogamesSA's value that differs from its market value or its book value, called intrinsic value, which is NeogamesSA'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 NeogamesSA's market value can be influenced by many factors that don't directly affect NeogamesSA'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 NeogamesSA's value and its price as these two are different measures arrived at by different means. Investors typically determine if NeogamesSA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NeogamesSA'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.