Gaming (Germany) Chance of Future Stock Price Finishing Under 47.35
| 2GL Stock | EUR 44.51 0.53 1.18% |
Gaming |
Gaming Target Price Odds to finish below 47.35
The tendency of Gaming Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under € 47.35 after 90 days |
| 44.51 | 90 days | 47.35 | about 86.51 |
Based on a normal probability distribution, the odds of Gaming to stay under € 47.35 after 90 days from now is about 86.51 (This Gaming and Leisure probability density function shows the probability of Gaming Stock to fall within a particular range of prices over 90 days) . Probability of Gaming and Leisure price to stay between its current price of € 44.51 and € 47.35 at the end of the 90-day period is about 78.65 .
Assuming the 90 days horizon Gaming and Leisure has a beta of -0.2. This suggests as returns on the benchmark increase, returns on holding Gaming are expected to decrease at a much lower rate. During a bear market, however, Gaming and Leisure is likely to outperform the market. Additionally Gaming and Leisure has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Gaming Price Density |
| Price |
Predictive Modules for Gaming
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gaming and Leisure. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Gaming Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gaming is not an exception. The market had few large corrections towards the Gaming's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Gaming and Leisure, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gaming within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0009 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 1.13 | |
Ir | Information ratio | -0.02 |
Gaming Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Gaming for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gaming and Leisure can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gaming and Leisure generated a negative expected return over the last 90 days | |
| Gaming and Leisure has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Gaming and Leisure has accumulated 6.13 B in total debt with debt to equity ratio (D/E) of 271.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Gaming and Leisure has a current ratio of 0.29, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Gaming until it has trouble settling it off, either with new capital or with free cash flow. So, Gaming's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gaming and Leisure sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gaming to invest in growth at high rates of return. When we think about Gaming's use of debt, we should always consider it together with cash and equity. | |
| Over 93.0% of Gaming shares are owned by institutions such as pension funds |
Gaming Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Gaming Stock often depends not only on the future outlook of the current and potential Gaming'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. Gaming's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 260.7 M |
Gaming Technical Analysis
Gaming's future price can be derived by breaking down and analyzing its technical indicators over time. Gaming Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gaming and Leisure. In general, you should focus on analyzing Gaming Stock price patterns and their correlations with different microeconomic environments and drivers.
Gaming Predictive Forecast Models
Gaming's time-series forecasting models is one of many Gaming's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Gaming's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Gaming and Leisure
Checking the ongoing alerts about Gaming for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gaming and Leisure help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gaming and Leisure generated a negative expected return over the last 90 days | |
| Gaming and Leisure has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Gaming and Leisure has accumulated 6.13 B in total debt with debt to equity ratio (D/E) of 271.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Gaming and Leisure has a current ratio of 0.29, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Gaming until it has trouble settling it off, either with new capital or with free cash flow. So, Gaming's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gaming and Leisure sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gaming to invest in growth at high rates of return. When we think about Gaming's use of debt, we should always consider it together with cash and equity. | |
| Over 93.0% of Gaming shares are owned by institutions such as pension funds |
Other Information on Investing in Gaming Stock
Gaming financial ratios help investors to determine whether Gaming Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gaming with respect to the benefits of owning Gaming security.