MGM Resorts (Germany) Price Prediction
| MGG Stock | EUR 32.48 0.31 0.96% |
Oversold Vs Overbought
42
Oversold | Overbought |
Using MGM Resorts hype-based prediction, you can estimate the value of MGM Resorts International from the perspective of MGM Resorts 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 MGM Resorts to buy its stock at a price that has no basis in reality. In that case, they are not buying MGM 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.
MGM Resorts after-hype prediction price | EUR 32.48 |
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.
MGM |
MGM Resorts After-Hype Price Prediction Density Analysis
As far as predicting the price of MGM Resorts 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 MGM Resorts 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 MGM Resorts, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
MGM Resorts Estimiated After-Hype Price Volatility
In the context of predicting MGM Resorts' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on MGM Resorts' historical news coverage. MGM Resorts' after-hype downside and upside margins for the prediction period are 30.58 and 34.38, respectively. We have considered MGM Resorts' 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
MGM Resorts is very steady at this time. Analysis and calculation of next after-hype price of MGM Resorts International is based on 3 months time horizon.
MGM Resorts Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as MGM Resorts is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MGM Resorts 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 MGM Resorts, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.02 | 1.89 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
32.48 | 32.48 | 0.00 |
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MGM Resorts Hype Timeline
MGM Resorts International is now traded for 32.48on Frankfurt Exchange of Germany. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. MGM is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is now at -0.02%. %. The volatility of related hype on MGM Resorts is about 0.0%, with the expected price after the next announcement by competition of 32.48. About 18.0% of the company outstanding shares are owned by corporate insiders. The book value of MGM Resorts was now reported as 12.75. The company last dividend was issued on the 8th of December 2022. Assuming the 90 days horizon the next estimated press release will be uncertain. Check out MGM Resorts Basic Forecasting Models to cross-verify your projections.MGM Resorts Related Hype Analysis
Having access to credible news sources related to MGM Resorts' direct competition is more important than ever and may enhance your ability to predict MGM Resorts' future price movements. Getting to know how MGM Resorts' 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 MGM Resorts may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| LCR | Las Vegas Sands | 0.00 | 0 per month | 1.22 | 0.19 | 4.64 | (2.40) | 11.61 | |
| KW9A | Galaxy Entertainment Group | 0.00 | 0 per month | 2.85 | 0.13 | 10.04 | (4.29) | 29.92 | |
| 599A | Sands China | 0.00 | 0 per month | 2.75 | 0.17 | 10.23 | (3.46) | 33.88 | |
| MGG | MGM Resorts International | 0.00 | 0 per month | 0.00 | (0.03) | 2.95 | (3.22) | 10.81 | |
| WYR | Wynn Resorts Limited | 0.00 | 0 per month | 2.28 | 0.1 | 6.74 | (3.12) | 18.25 | |
| 6GI0 | ENTAIN PLC UNSPADR1 | 0.00 | 0 per month | 0.00 | (0.02) | 3.47 | (4.37) | 12.83 | |
| 6GI | Entain Plc | 0.00 | 0 per month | 0.00 | (0.02) | 4.69 | (3.97) | 16.27 | |
| VAI | Vail Resorts | 0.00 | 0 per month | 1.61 | 0.05 | 3.31 | (2.60) | 8.07 | |
| 36T | GENTING SG LTD | 0.00 | 0 per month | 0.00 | (0.05) | 5.66 | (6.45) | 14.29 | |
| BO5 | Boyd Gaming | 0.00 | 0 per month | 1.03 | 0.16 | 3.00 | (1.68) | 11.14 |
MGM Resorts Additional Predictive Modules
Most predictive techniques to examine MGM price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for MGM using various technical indicators. When you analyze MGM 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About MGM Resorts Predictive Indicators
The successful prediction of MGM Resorts 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 MGM Resorts International, 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 MGM Resorts based on analysis of MGM Resorts hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to MGM Resorts's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to MGM Resorts's related companies.
Story Coverage note for MGM Resorts
The number of cover stories for MGM Resorts depends on current market conditions and MGM Resorts' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that MGM Resorts 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 MGM Resorts' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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MGM Resorts Short Properties
MGM Resorts' future price predictability will typically decrease when MGM Resorts' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of MGM Resorts International often depends not only on the future outlook of the potential MGM Resorts' 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. MGM Resorts' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 379.1 M |
Complementary Tools for MGM Stock analysis
When running MGM Resorts' price analysis, check to measure MGM Resorts' 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 MGM Resorts is operating at the current time. Most of MGM Resorts' value examination focuses on studying past and present price action to predict the probability of MGM Resorts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGM Resorts' price. Additionally, you may evaluate how the addition of MGM Resorts to your portfolios can decrease your overall portfolio volatility.
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