Penn Entertainment Stock Future Price Prediction

PENN
 Stock
  

USD 26.13  0.49  1.84%   

Penn Entertainment stock price prediction is an act of determining the future value of Penn Entertainment shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Penn Entertainment's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Penn Entertainment and does not consider all of the tangible or intangible factors available from Penn Entertainment's fundamental data. We analyze noise-free headlines and recent hype associated with Penn Entertainment, which may create opportunities for some arbitrage if properly timed.
Please check Penn Entertainment Basic Forecasting Models to cross-verify your projections.
  
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Penn Entertainment based on different types of headlines from major news networks to social media. The Penn Entertainment stock price prediction module provides an analysis of price elasticity to changes in media outlook on Penn Entertainment over a specific investment horizon.Using Penn Entertainment hype-based prediction, you can estimate the value of Penn Entertainment from the perspective of Penn Entertainment response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Penn Entertainment using Penn Entertainment's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Penn Entertainment using crowd psychology based on the activity and movement of Penn Entertainment's stock price.

Penn Entertainment Implied Volatility

    
  72.98  
Penn Entertainment's implied volatility exposes the market's sentiment of Penn Entertainment stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Penn Entertainment's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Penn Entertainment stock will not fluctuate a lot when Penn Entertainment's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Penn Entertainment. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Penn Entertainment to buy its stock at a price that has no basis in reality. In that case, they are not buying Penn Entertainment 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.

Penn Entertainment after-hype prediction price

    
  $ 26.12  
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Penn Entertainment contract

Based on the Rule 16, the options market is currently suggesting that Penn Entertainment will have an average daily up or down price movement of about 4.56% per day over the life of the 2022-09-30 option contract. With Penn Entertainment trading at $26.13, that is roughly $1.19. If you think that the market is fully incorporating Penn Entertainment's daily price movement you should consider acquiring Penn Entertainment options at the current volatility level of 72.98%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Penn 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. Please use the tools below to analyze the current value of Penn Entertainment in the context of predictive analytics.
Intrinsic
Valuation
LowReal ValueHigh
23.5240.2643.48
Details
Naive
Forecast
LowNext ValueHigh
21.6524.8828.10
Details
13 Analysts
Consensus
LowTarget PriceHigh
38.0083.69150.00
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
26.5631.9234.60
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Penn Entertainment. Your research has to be compared to or analyzed against Penn Entertainment's peers to derive any actionable benefits. When done correctly, Penn Entertainment's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Penn Entertainment.

Penn Entertainment After-Hype Price Prediction Density Analysis

As far as predicting the price of Penn Entertainment 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 Penn Entertainment 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 Penn Entertainment, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Penn Entertainment Estimiated After-Hype Price Volatility

In the context of predicting Penn Entertainment's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Penn Entertainment's historical news coverage. Penn Entertainment's after-hype downside and upside margins for the prediction period are 22.90 and 29.34, respectively. We have considered Penn Entertainment's 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 26.13
26.12
After-hype Price
29.34
Upside
Penn Entertainment is very steady asset. Analysis and calculation of next after-hype price of Penn Entertainment is based on 3 months time horizon.

Penn Entertainment Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Penn Entertainment is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Penn Entertainment 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 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 Penn Entertainment, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.23  3.22   0.01   0.00  8 Events / Month1 Events / MonthIn about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
26.1326.120.04 
6,440  

Penn Entertainment Hype Timeline

Penn Entertainment is at this time traded for 26.13. The entity has historical hype elasticity of -0.01 and average elasticity to hype of competition of 0.0. Penn Entertainment is estimated to decline in value after the next headline with the price expected to drop to 26.12. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next newsis expected to be -0.04% whereas the daily expected return is at this time at -0.23%. The volatility of related hype on Penn Entertainment is about 32200.0% with expected price after next announcement by competition of 26.13. About 84.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.14. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Penn Entertainment had not issued any dividends in recent years. The entity had 4423:1000 split on the 4th of November 2013. Given the investment horizon of 90 days the next estimated press release will be in about 8 days.
Please check Penn Entertainment Basic Forecasting Models to cross-verify your projections.

Penn Entertainment Related Hype Analysis

Having access to credible news sources related to Penn Entertainment's direct competition is more important than ever and may enhance your ability to predict Penn Entertainment's future price movements. Getting to know how Penn Entertainment rivals 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 Penn Entertainment may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
CLWClearwater Paper Corp 0.01 6 per month 1.49  0.1  3.15 (3.05)  22.44 

Penn Entertainment Additional Predictive Modules

Most predictive techniques to examine Penn Entertainment price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Penn Entertainment using various technical indicators. When you analyze Penn Entertainment 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.

About Penn Entertainment Predictive Indicators

The successful prediction of Penn Entertainment 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 Penn Entertainment, 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 Penn Entertainment based on analysis of Penn Entertainment hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Penn Entertainment's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Penn Entertainment's related companies.

Story Coverage note for Penn Entertainment

The number of cover stories for Penn Entertainment depends on current market conditions and Penn Entertainment's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Penn Entertainment 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 Penn Entertainment's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Penn Entertainment Short Properties

Penn Entertainment's future price predictability will typically decrease when Penn Entertainment's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Penn Entertainment often depends not only on the future outlook of the potential Penn 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. Penn Entertainment's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out5.43%
Short Percent Of Float7.22%
Float Shares152.68M
Average Daily Volume Last 10 Day6.76M
Shares Short Prior Month9.84M
Average Daily Volume In Three Month3.61M
Date Short Interest31st of August 2022
Please check Penn Entertainment Basic Forecasting Models to cross-verify your projections. You can also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for analysis

When running Penn Entertainment price analysis, check to measure Penn Entertainment'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 Penn Entertainment is operating at the current time. Most of Penn Entertainment's value examination focuses on studying past and present price action to predict the probability of Penn Entertainment's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Penn Entertainment's price. Additionally, you may evaluate how the addition of Penn Entertainment to your portfolios can decrease your overall portfolio volatility.
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Is Penn Entertainment's industry 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 Penn Entertainment. If investors know Penn Entertainment 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 Penn Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Penn Entertainment is measured differently than its book value, which is the value of Penn Entertainment that is recorded on the company's balance sheet. Investors also form their own opinion of Penn Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Penn 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 Penn Entertainment's market value can be influenced by many factors that don't directly affect Penn 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 Penn Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine Penn Entertainment value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penn 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.