Evolution Gaming (UK) Price Prediction

0RQ6 Stock   947.20  27.80  2.85%   
At the present time, The relative strength index (RSI) of Evolution Gaming's share price is at 54. This suggests that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Evolution Gaming, making its price go up or down.

Oversold Vs Overbought

54

 
Oversold
 
Overbought
The successful prediction of Evolution Gaming'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 Evolution Gaming and does not consider all of the tangible or intangible factors available from Evolution Gaming's fundamental data. We analyze noise-free headlines and recent hype associated with Evolution Gaming Group, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Evolution Gaming's stock price prediction:
Quarterly Earnings Growth
0.246
Quarterly Revenue Growth
0.279
Using Evolution Gaming hype-based prediction, you can estimate the value of Evolution Gaming Group from the perspective of Evolution Gaming response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Evolution Gaming to buy its stock at a price that has no basis in reality. In that case, they are not buying Evolution 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.

Evolution Gaming after-hype prediction price

    
  SEK 946.49  
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 Evolution Gaming Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
819.46821.591,042
Details

Evolution Gaming After-Hype Price Prediction Density Analysis

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

Evolution Gaming Estimiated After-Hype Price Volatility

In the context of predicting Evolution Gaming's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Evolution Gaming's historical news coverage. Evolution Gaming's after-hype downside and upside margins for the prediction period are 944.36 and 948.62, respectively. We have considered Evolution Gaming'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
947.20
944.36
Downside
946.49
After-hype Price
948.62
Upside
Evolution Gaming is very steady at this time. Analysis and calculation of next after-hype price of Evolution Gaming is based on 3 months time horizon.

Evolution Gaming Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Evolution Gaming is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Evolution Gaming 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 Evolution Gaming, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.14 
2.13
  0.71 
  0.10 
1 Events / Month
0 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
947.20
946.49
0.07 
42.26  
Notes

Evolution Gaming Hype Timeline

Evolution Gaming is presently traded for 947.20on London Exchange of UK. The entity has historical hype elasticity of -0.71, and average elasticity to hype of competition of 0.1. Evolution is projected to decline in value after the next headline, with the price expected to drop to 946.49. The average volatility of media hype impact on the company price is about 42.26%. The price decline on the next news is expected to be -0.07%, whereas the daily expected return is presently at -0.14%. The volatility of related hype on Evolution Gaming is about 287.84%, with the expected price after the next announcement by competition of 947.30. About 21.0% of the company shares are owned by insiders or employees . The company had not issued any dividends in recent years. Evolution Gaming had 5:1 split on the 23rd of May 2019. Assuming the 90 days trading horizon the next projected press release will be very soon.
Check out Evolution Gaming Basic Forecasting Models to cross-verify your projections.

Evolution Gaming Related Hype Analysis

Having access to credible news sources related to Evolution Gaming's direct competition is more important than ever and may enhance your ability to predict Evolution Gaming's future price movements. Getting to know how Evolution Gaming'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 Evolution Gaming may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
ATNEastinco Mining Exploration 0.00 0 per month 0.00 (0.25) 1.02 (1.74) 10.35 
BISIBisichi Mining PLC 0.00 0 per month 0.00 (0.06) 2.33 (4.17) 22.33 
0R0UCoeur Mining 0.00 0 per month 3.76  0.02  7.37 (6.11) 31.08 
0LJEUniversal Display Corp 0.00 0 per month 0.00 (0.09) 4.21 (4.38) 18.27 
0IW3Global Net Lease 0.00 0 per month 0.00 (0.20) 2.71 (2.83) 7.02 
BRWMBlackrock World Mining 6.92 3 per month 0.00 (0.09) 2.22 (3.07) 7.91 
HOCHochschild Mining plc(1.00)3 per month 2.44  0.08  6.30 (5.13) 16.16 
GROCGreenroc Mining PLC 0.00 0 per month 2.86  0.05  10.00 (5.88) 23.61 

Evolution Gaming Additional Predictive Modules

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

The successful prediction of Evolution Gaming 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 Evolution Gaming Group, 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 Evolution Gaming based on analysis of Evolution Gaming hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Evolution Gaming's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Evolution Gaming's related companies.

Story Coverage note for Evolution Gaming

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

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Additional Tools for Evolution Stock Analysis

When running Evolution Gaming's price analysis, check to measure Evolution Gaming'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 Evolution Gaming is operating at the current time. Most of Evolution Gaming's value examination focuses on studying past and present price action to predict the probability of Evolution Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolution Gaming's price. Additionally, you may evaluate how the addition of Evolution Gaming to your portfolios can decrease your overall portfolio volatility.