International's market value is the price at which a share of International trades on an exchange. It measures the collective expectations of International Game Technology investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of International Game Technology and determine expected loss or profit from investing in International over a given investment horizon. Check out International Correlation, International Volatility and International Alpha and Beta module to complement your research on International.
Please note, there is a significant difference between International's value and its price as these two are different measures arrived at by different means. Investors typically determine if International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International'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.
International 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to International's bond what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of International.
0.00
01/29/2023
No Change 0.00
0.0
In 1 year 11 months and 21 days
01/18/2025
0.00
If you would invest 0.00 in International on January 29, 2023 and sell it all today you would earn a total of 0.00 from holding International Game Technology or generate 0.0% return on investment in International over 720 days. International is related to or competes with 00108WAF7, 90331HPL1, Zedcor, Disney, Rivian Automotive, Rigetti Computing, and FlexShopper. More
International Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure International's bond current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess International Game Technology upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International's standard deviation. In reality, there are many statistical measures that can use International historical prices to predict the future International's volatility.
International Game holds Efficiency (Sharpe) Ratio of -0.039, which attests that the entity had a -0.039% return per unit of risk over the last 3 months. International Game exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out International's Risk Adjusted Performance of (0.02), market risk adjusted performance of (0.44), and Standard Deviation of 0.8884 to validate the risk estimate we provide. The bond retains a Market Volatility (i.e., Beta) of 0.0667, which attests to not very significant fluctuations relative to the market. As returns on the market increase, International's returns are expected to increase less than the market. However, during the bear market, the loss of holding International is expected to be smaller as well.
Auto-correlation
-0.15
Insignificant reverse predictability
International Game Technology has insignificant reverse predictability. Overlapping area represents the amount of predictability between International time series from 29th of January 2023 to 24th of January 2024 and 24th of January 2024 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of International Game price movement. The serial correlation of -0.15 indicates that less than 15.0% of current International price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.15
Spearman Rank Test
-0.11
Residual Average
0.0
Price Variance
0.35
International Game lagged returns against current returns
Autocorrelation, which is International bond's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting International's bond expected returns. We can calculate the autocorrelation of International returns to help us make a trade decision. For example, suppose you find that International has exhibited high autocorrelation historically, and you observe that the bond is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
International regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If International bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International bond over time.
Current vs Lagged Prices
Timeline
International Lagged Returns
When evaluating International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International bond have on its future price. International autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, International autocorrelation shows the relationship between International bond current value and its past values and can show if there is a momentum factor associated with investing in International Game Technology.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in International Bond
International financial ratios help investors to determine whether International Bond 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 International with respect to the benefits of owning International security.