International Games Stock Forecast - Polynomial Regression

International Games polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for International Games System as well as the accuracy indicators are determined from the period prices.

International Games Polynomial Regression Price Forecast For the 27th of November

Given 90 days horizon, the Polynomial Regression forecasted value of International Games System on the next trading day is expected to be 898.40 with a mean absolute deviation of 32.72, mean absolute percentage error of 1,413, and the sum of the absolute errors of 1,996.

International Games Stock Forecast Pattern

Backtest International Games

International Games Price Prediction

Buy or Sell Advice

International Games Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of International Games stock data series using in forecasting. Note that when a statistical model is used to represent International Games stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality. A single variable polynomial regression model attempts to put a curve through the International Games historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a₀ + a₁*X + a₂*X² + a₃*X³ + ... + a_m*X^m

Predictive Modules for International Games

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as International Games. 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.

Hype Prediction Low Estimated High 976.30 979.00 981.70 Details

Intrinsic Valuation Low Real High 956.55 959.25 1,077 Details

Bollinger Band Projection (param) Low Middle High 915.61 994.67 1,074 Details

Other Forecasting Options for International Games

For every potential investor in International, whether a beginner or expert, International Games' 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 Games' price trends.

International Games Related Equities

Risk & Return

Correlation

International Games 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 Games' 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 Games' current price.

International Games Market Strength Events

International Games Risk Indicators

Pair Trading with International Games

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if International Games position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in International Games will appreciate offsetting losses from the drop in the long position's value.

Additional Tools for International Stock Analysis