Full House Correlations

FLL Stock

USD 4.91 0.05 1.03%

The current 90-days correlation between Full House Resorts and Monarch Casino Resort is 0.3 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Full House moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Full House Resorts moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Full House Correlation With Market

Very weak diversification

The correlation between Full House Resorts and DJI is 0.45 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Full House Resorts and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Full House Resorts. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Moving against Full Stock

0.54	BH	Biglari Holdings	Pair Corr
0.47	BROS	Dutch Bros	Pair Corr
0.44	LZB	La Z Boy Earnings Call Tomorrow	Pair Corr
0.36	GPI	Group 1 Automotive	Pair Corr

Related Correlations Analysis

	MCRI	RRR	GDEN	PLYA	BALY	BVH	CNTY	MSC	MLCO	HGV
MCRI		-0.45	0.5	0.85	0.83	0.71	0.89	0.17	0.16	0.8	MCRI
RRR	-0.45		-0.05	-0.61	-0.66	-0.61	-0.57	-0.09	-0.21	-0.28	RRR
GDEN	0.5	-0.05		0.33	0.3	0.03	0.37	-0.17	-0.41	0.64	GDEN
PLYA	0.85	-0.61	0.33		0.89	0.9	0.94	0.03	0.14	0.84	PLYA
BALY	0.83	-0.66	0.3	0.89		0.83	0.87	0.27	0.35	0.66	BALY
BVH	0.71	-0.61	0.03	0.9	0.83		0.85	0.17	0.34	0.66	BVH
CNTY	0.89	-0.57	0.37	0.94	0.87	0.85		0.0	0.04	0.83	CNTY
MSC	0.17	-0.09	-0.17	0.03	0.27	0.17	0.0		0.81	-0.19	MSC
MLCO	0.16	-0.21	-0.41	0.14	0.35	0.34	0.04	0.81		-0.21	MLCO
HGV	0.8	-0.28	0.64	0.84	0.66	0.66	0.83	-0.19	-0.21		HGV
	MCRI	RRR	GDEN	PLYA	BALY	BVH	CNTY	MSC	MLCO	HGV

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

CNTY	+ 0.94	PLYA
BVH	+ 0.9	PLYA
CNTY	+ 0.89	MCRI
BALY	+ 0.89	PLYA
CNTY	+ 0.87	BALY
PLYA	+ 0.85	MCRI

High negative correlations

BALY	- 0.66	RRR
BVH	- 0.61	RRR
PLYA	- 0.61	RRR
CNTY	- 0.57	RRR
RRR	- 0.45	MCRI
MLCO	- 0.41	GDEN

Risk-Adjusted Indicators

There is a big difference between Full Stock performing well and Full House Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Full House's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
MCRI	0.88	0.13	0.10	0.31	0.80	(1.01)	1.87	(1.81)	7.86
RRR	1.48	(0.29)	0.00	(0.06)	0.00	0.00	2.69	(3.09)	12.47
GDEN	1.58	0.00	0.04	0.12	1.55	(1.92)	3.80	(2.62)	8.13
PLYA	1.30	0.24	0.17	0.32	1.12	(1.42)	3.23	(2.00)	9.17
BALY	0.23	0.03	(0.28)	0.34	0.00	(0.32)	0.52	(0.40)	1.32
BVH	2.02	0.44	0.08	(0.53)	2.76	(2.21)	5.30	(3.44)	15.57
CNTY	2.97	1.03	0.29	3.98	2.37	(3.71)	7.30	(4.88)	17.01
MSC	3.22	0.28	0.05	1.08	3.91	(4.42)	8.94	(6.51)	29.65
MLCO	2.30	0.04	0.01	0.16	2.62	(2.77)	5.17	(5.54)	22.74
HGV	1.57	0.01	0.04	0.13	1.61	(1.71)	3.07	(2.96)	9.00

Full House Corporate Executives

Elected by the shareholders, the Full House's board of directors comprises two types of representatives: Full House inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Full. The board's role is to monitor Full House's management team and ensure that shareholders' interests are well served. Full House's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Full House's outside directors are responsible for providing unbiased perspectives on the board's policies.

	Lewis Fanger	CFO, Sr. VP and Treasurer	Profile
	John Ferrucci	Senior COO	Profile

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