I am trying to figure out how to predict movie movments.
Currently "Inferno" is dropping hard. It seems people "know" that 2.7 * its opening weekend (this coming weekend) will be lower than it was at the close of yesterday.
So I looked around to see what data could they be using. I found this
http://www.boxofficemojo.com/movies/?id=inferno2015.htm
Which make me think the movie is doing pretty well. How are people going from that data to a good HSX guess? Or are they not using that site?
Thank you for your time.