Can ‘Detective Pikachu’ break the unpopularity of film adaptations of video games?
Since the early 1990s when Hollywood began translating video games into movies, something always seemed to get lost in the change of medium. Warner Bros.’s (TWX) latest venture in this segment, with ‘Detective Pikachu,’ does not seem to break the trend as critics criticized it for poor storytelling bordering on incoherence. The film adapted from the Pokemon video game is based on Tim Goodman’s attempts to find his missing father with the help of Detective Pikachu, a wisecracking Pokemon in a city where humans and Pokemons co-exist.
According to 350 user ratings on Rotten Tomatoes, the film has captured 87% of the audience’s imagination but still hasn’t managed to escape the biggest criticism of film adaptations of video games: that it is less fun to watch than to play.
To date, ‘Transformers’ and ‘Resident Evil’ are the only two video game adaptations to create box office legacy. Currently, the most successful video game adaptation at the box office is ‘Warcraft’, but even that has a 28% rating on Rotten Tomatoes, much less than the 60% benchmark for considering it ‘fresh’. Usually, scripts in film adaptations are forced and often even mishandled, which is why playing the actual game is much more entertaining than watching its film adaptation.
Yet, ‘Detective Pikachu’, even if unable to break the losing trend, may be still poised for breaking a middle ground by cashing on the Pokemon craze, the success of the ‘Pokemon Go’ mobile app and the pop culture celebrity status of Pikachu himself. Analysts predicted that the film “Detective Pikachu” could open with $70 million in the U.S.
DIS's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for DIS turned positive on November 06, 2024. Looking at past instances where DIS's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 06, 2024. You may want to consider a long position or call options on DIS as a result. In of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DIS advanced for three days, in of 275 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 158 cases where DIS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 16 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 17 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DIS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
DIS broke above its upper Bollinger Band on November 13, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. DIS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.213) is normal, around the industry mean (5.729). P/E Ratio (74.558) is within average values for comparable stocks, (92.419). Projected Growth (PEG Ratio) (0.871) is also within normal values, averaging (2.987). Dividend Yield (0.002) settles around the average of (0.040) among similar stocks. P/S Ratio (2.503) is also within normal values, averaging (29.638).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. DIS’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock worse than average.
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General Information
an operator of amusement parks, hotels, television stations and radio broadcasting stations
Industry MoviesEntertainment