Take-Two Interactive Stock (NASDAQ
: TTWO) is down 15% in one month, largely in line with the broader S&P500, down 13%. The downfall of Take-Two Interactive, in particular, can be attributed to the Grand Theft Auto VI hack. A hacker uploaded 90 videos of a test build of the game online, and Rockstar Studios – the game’s publisher – confirmed that the leak is real. [1] Moreover, high inflation means that people may spend less on games and more on necessities. This factor is likely to affect the gaming industry in general in the near term. Weakness in the broader markets due to higher interest rates, a stronger dollar, and fears of a recession aren’t helping either.

Now that TTWO stock has seen a 15% drop in one month, will it continue on its downward trajectory, or is a rally imminent? Going through the historical performance, there Good chance to increase TTWO stock over the next month. A move of -15% or more in one month has occurred for TTWO 48 times in the past 10 years. Of those cases, 37 resulted in Take-Two Interactive’s stock rising over the next month (twenty-one trading days). This historical pattern reflects a 37 out of 48 or a 77% probability of a TTWO stock rally over the next month. See our analysis of Interactive arrow chance to rise for more details.

Calculation of “Event Probability” and “Chance of Rise” using the data of the past 10 years

  • After moving -15% or more over five days, the stock rose 71% of the time in the next five days.
  • After moving -18% or more in ten days, the stock is up 50% more occasions in the next ten days.
  • After moving -15% or more over a twenty-one-day period, the stock has risen 77% of the time in the next twenty-one days.

This pattern indicates an equal chance of a rise or fall in TTWO stock over the next 10 days but a good chance of an increase over the next 5 days and next month.

Comparison of Take-Two Interactive Yield (Last) with Peers

  • Five-day yield: DOX highest at 3.0%; TTWO lowest at -14.7%
  • 10-day yield: DOX highest at -0.9%; TTWO lowest at -17.6%
  • Day Twenty One Return: DOX highest at -4.4%; TTWO Low at -15.0%

While it appears that TTWO stock can see higher levels, it is useful to know how to do so Take-Two Interactive peers Fare on important metrics. You’ll find other valuable comparisons of companies across industries at Peer comparisons.

With inflation rising and interest rates rising, among other factors, TTWO stock has seen a 38% drop this year. Can you fall more? See how much Take-Two Interactive stock has fallen by comparing its decline in past market crashes. Below is a summary of the performance of all stocks in previous market crashes.

Moreover, the Covid-19 crisis has caused many price halts that could provide attractive trading opportunities. For example, you will be surprised how counter-intuitive the stock valuation Take-Two Interactive vs. Avago Technologies


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