Golden Entertainment Stock Probability of Future Stock Price Finishing Over 32.32
| GDEN Stock | USD 30.01 0.03 0.10% |
Closest to current price Golden long CALL Option Payoff at Expiration
Golden |
Golden Entertainment Target Price Odds to finish over 32.32
The tendency of Golden Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 32.32 or more in 90 days |
| 30.01 | 90 days | 32.32 | about 60.21 |
Based on a normal probability distribution, the odds of Golden Entertainment to move over $ 32.32 or more in 90 days from now is about 60.21 (This Golden Entertainment probability density function shows the probability of Golden Stock to fall within a particular range of prices over 90 days) . Probability of Golden Entertainment price to stay between its current price of $ 30.01 and $ 32.32 at the end of the 90-day period is about 29.62 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.63 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Golden Entertainment will likely underperform. Additionally Golden Entertainment has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Golden Entertainment Price Density |
| Price |
Predictive Modules for Golden Entertainment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Golden Entertainment. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Golden Entertainment's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Golden Entertainment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Golden Entertainment is not an exception. The market had few large corrections towards the Golden Entertainment's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Golden Entertainment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Golden Entertainment within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.19 | |
β | Beta against NYSE Composite | 1.63 | |
σ | Overall volatility | 2.28 | |
Ir | Information ratio | -0.08 |
Golden Entertainment Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Golden Entertainment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Golden Entertainment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Golden Entertainment generated a negative expected return over the last 90 days | |
| Golden Entertainment is unlikely to experience financial distress in the next 2 years | |
| Golden Entertainment has a strong financial position based on the latest SEC filings | |
| About 73.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 105743 shares by Sartini Blake L of Golden Entertainment subject to Rule 16b-3 |
Golden Entertainment Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Golden Stock often depends not only on the future outlook of the current and potential Golden Entertainment's 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. Golden Entertainment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 30.8 M | |
| Cash And Short Term Investments | 157.6 M |
Golden Entertainment Technical Analysis
Golden Entertainment's future price can be derived by breaking down and analyzing its technical indicators over time. Golden Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Golden Entertainment. In general, you should focus on analyzing Golden Stock price patterns and their correlations with different microeconomic environments and drivers.
Golden Entertainment Predictive Forecast Models
Golden Entertainment's time-series forecasting models is one of many Golden Entertainment's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Golden Entertainment's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Golden Entertainment
Checking the ongoing alerts about Golden Entertainment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Golden Entertainment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Golden Entertainment generated a negative expected return over the last 90 days | |
| Golden Entertainment is unlikely to experience financial distress in the next 2 years | |
| Golden Entertainment has a strong financial position based on the latest SEC filings | |
| About 73.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 105743 shares by Sartini Blake L of Golden Entertainment subject to Rule 16b-3 |
Additional Information and Resources on Investing in Golden Stock
When determining whether Golden Entertainment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Entertainment's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Entertainment Stock:Check out Golden Entertainment Backtesting, Golden Entertainment Valuation, Golden Entertainment Correlation, Golden Entertainment Hype Analysis, Golden Entertainment Volatility, Golden Entertainment History as well as Golden Entertainment Performance. To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Entertainment. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.605 | Dividend Share 0.25 | Earnings Share 9.3 | Revenue Per Share 33.006 | Quarterly Revenue Growth (0.37) |
The market value of Golden Entertainment is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Golden Entertainment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Entertainment's market value can be influenced by many factors that don't directly affect Golden Entertainment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Entertainment'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.