Neogames SA Price Prediction
NGMSDelisted Stock | USD 27.09 0.15 0.55% |
Oversold Vs Overbought
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Oversold | Overbought |
Using Neogames hype-based prediction, you can estimate the value of Neogames SA from the perspective of Neogames 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 Neogames to buy its stock at a price that has no basis in reality. In that case, they are not buying Neogames 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.
Neogames after-hype prediction price | USD 27.09 |
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 delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Neogames |
Neogames After-Hype Price Prediction Density Analysis
As far as predicting the price of Neogames 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 Neogames 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 Neogames, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Neogames Estimiated After-Hype Price Volatility
In the context of predicting Neogames' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Neogames' historical news coverage. Neogames' after-hype downside and upside margins for the prediction period are 27.09 and 27.09, respectively. We have considered Neogames' 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
Neogames is very steady at this time. Analysis and calculation of next after-hype price of Neogames SA is based on 3 months time horizon.
Neogames Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Neogames is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Neogames 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 Delisted 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 Neogames, 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 |
0.00 | 0.00 | 0.00 | 0.00 | 0 Events / Month | 7 Events / Month | Uncertain |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
27.09 | 27.09 | 0.00 |
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Neogames Hype Timeline
Neogames SA is now traded for 27.09. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Neogames is expected 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 expected to be very small, whereas the daily expected return is now at 0.0%. %. The volatility of related hype on Neogames is about 0.0%, with the expected price after the next announcement by competition of 27.09. About 32.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 0.36. Neogames SA had not issued any dividends in recent years. Given the investment horizon of 90 days the next expected press release will be uncertain. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.Neogames Related Hype Analysis
Having access to credible news sources related to Neogames' direct competition is more important than ever and may enhance your ability to predict Neogames' future price movements. Getting to know how Neogames' 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 Neogames may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
ACEL | Accel Entertainment | 0.09 | 10 per month | 0.00 | (0.12) | 2.49 | (2.73) | 8.64 | |
AGS | PlayAGS | 0.02 | 7 per month | 0.16 | (0.02) | 0.44 | (0.43) | 1.48 | |
IGT | International Game Technology | (0.35) | 8 per month | 0.00 | (0.24) | 2.02 | (2.21) | 8.44 | |
EVRI | Everi Holdings | (0.02) | 9 per month | 0.00 | 0.02 | 0.37 | (0.23) | 0.83 | |
CPHC | Canterbury Park Holding | 0.19 | 9 per month | 2.53 | 0.01 | 3.81 | (4.60) | 12.61 | |
INSE | Inspired Entertainment | 0.20 | 9 per month | 0.00 | (0.1) | 3.22 | (3.37) | 9.75 | |
GAMB | Gambling Group | 0.09 | 9 per month | 1.87 | 0.16 | 3.57 | (3.84) | 28.84 | |
PMKRF | Playmaker Capital | 0.00 | 0 per month | 0.00 | 0.02 | 0.00 | (2.56) | 22.60 | |
CDRO | Codere Online Corp | (0.06) | 3 per month | 0.00 | (0.15) | 3.69 | (2.94) | 15.12 | |
LNW | Light Wonder | 1.56 | 10 per month | 0.00 | (0.12) | 2.45 | (3.38) | 19.60 | |
CHDN | Churchill Downs Incorporated | (0.88) | 9 per month | 0.00 | (0.05) | 2.12 | (2.26) | 9.87 |
Neogames Additional Predictive Modules
Most predictive techniques to examine Neogames price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Neogames using various technical indicators. When you analyze Neogames 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 Neogames Predictive Indicators
The successful prediction of Neogames 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 Neogames SA, 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 Neogames based on analysis of Neogames hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Neogames's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Neogames's related companies.
Story Coverage note for Neogames
The number of cover stories for Neogames depends on current market conditions and Neogames' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Neogames 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 Neogames' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Neogames Short Properties
Neogames' future price predictability will typically decrease when Neogames' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Neogames SA often depends not only on the future outlook of the potential Neogames' 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. Neogames' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 33.6 M | |
Cash And Short Term Investments | 29.5 M |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Consideration for investing in Neogames Stock
If you are still planning to invest in Neogames SA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Neogames' history and understand the potential risks before investing.
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