International Game Technology Stock Alpha and Beta Analysis
| IGT Stock | USD 20.54 0.03 0.15% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as International Game Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in International Game over a specified time horizon. Remember, high International Game's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to International Game's market risk premium analysis include:
Beta 1.88 | Alpha (0.48) | Risk 2.62 | Sharpe Ratio (0.14) | Expected Return (0.37) |
International Game Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
International |
International Game Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. International Game market risk premium is the additional return an investor will receive from holding International Game long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in International Game. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate International Game's performance over market.| α | -0.48 | β | 1.88 |
International Game expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of International Game's Buy-and-hold return. Our buy-and-hold chart shows how International Game performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.International Game Market Price Analysis
Market price analysis indicators help investors to evaluate how International Game stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading International Game shares will generate the highest return on investment. By understating and applying International Game stock market price indicators, traders can identify International Game position entry and exit signals to maximize returns.
International Game Return and Market Media
The median price of International Game for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 is 24.85 with a coefficient of variation of 10.38. The daily time series for the period is distributed with a sample standard deviation of 2.45, arithmetic mean of 23.64, and mean deviation of 2.31. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Online Gambling and Sports Betting Market is growing at a CAGR of 11.6 percent from 2024 to 2030 by Exactitude Consultancy | 02/20/2024 |
2 | Why Is International Game Technology Stock Falling Today | 03/12/2024 |
3 | International Game Technology Is Due To Pay A Dividend Of 0.20 | 03/15/2024 |
4 | Wellington Management Group LLP Acquires 594,552 Shares of International Game Technology PLC - MarketBeat | 03/19/2024 |
5 | Disposition of 29367 shares by Paget Alves of International Game subject to Rule 16b-3 | 03/22/2024 |
6 | International Game Technology PLC Stock Holdings Decreased by Public Employees Retirement System ... - Defense World | 03/26/2024 |
7 | Acquisition by Greg Creed of 2311 shares of International Game at 14.06 subject to Rule 16b-3 | 03/28/2024 |
8 | IGT Introduces Compelling Core Video and Class II Games for Tribal Casinos at Indian Gaming Tradeshow Convention 2024 | 04/02/2024 |
| International Game dividend paid on 9th of April 2024 | 04/09/2024 |
9 | Notice of 2024 Annual General Meeting and 2023 Annual Report and Accounts | 04/11/2024 |
10 | IGT and Acres to Resolve all Pending Litigation | 04/16/2024 |
About International Game Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including International or other stocks. Alpha measures the amount that position in International Game has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.00692 | 0.0352 | 0.0292 | 0.0571 | Price To Sales Ratio | 1.45 | 1.08 | 1.27 | 1.88 |
International Game Upcoming Company Events
As portrayed in its financial statements, the presentation of International Game's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, International Game's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of International Game's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of International Game. Please utilize our Beneish M Score to check the likelihood of International Game's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with International Game
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out International Game Backtesting, International Game Valuation, International Game Correlation, International Game Hype Analysis, International Game Volatility, International Game History and analyze International Game Performance. Note that the International Game information on this page should be used as a complementary analysis to other International Game's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for International Stock analysis
When running International Game's price analysis, check to measure International Game's 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 International Game is operating at the current time. Most of International Game's value examination focuses on studying past and present price action to predict the probability of International Game's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Game's price. Additionally, you may evaluate how the addition of International Game to your portfolios can decrease your overall portfolio volatility.
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International Game technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.