Monarch Casino Stock Forecast - 20 Period Moving Average
| MCRI Stock | USD 84.05 0.28 0.33% |
The 20 Period Moving Average forecasted value of Monarch Casino Resort on the next trading day is expected to be 79.70 with a mean absolute deviation of 3.42 and the sum of the absolute errors of 140.03. Monarch Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Monarch Casino's historical fundamentals, such as revenue growth or operating cash flow patterns.
Monarch |
Open Interest Against 2025-03-21 Monarch Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Monarch Casino's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Monarch Casino's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Monarch Casino stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Monarch Casino's open interest, investors have to compare it to Monarch Casino's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Monarch Casino is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Monarch. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Monarch Casino 20 Period Moving Average Price Forecast For the 22nd of January
Given 90 days horizon, the 20 Period Moving Average forecasted value of Monarch Casino Resort on the next trading day is expected to be 79.70 with a mean absolute deviation of 3.42, mean absolute percentage error of 13.77, and the sum of the absolute errors of 140.03.Please note that although there have been many attempts to predict Monarch Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Monarch Casino's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Monarch Casino Stock Forecast Pattern
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Monarch Casino Forecasted Value
In the context of forecasting Monarch Casino's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Monarch Casino's downside and upside margins for the forecasting period are 78.13 and 81.27, respectively. We have considered Monarch Casino's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Monarch Casino stock data series using in forecasting. Note that when a statistical model is used to represent Monarch Casino stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 83.9751 |
| Bias | Arithmetic mean of the errors | 0.2023 |
| MAD | Mean absolute deviation | 3.4154 |
| MAPE | Mean absolute percentage error | 0.0419 |
| SAE | Sum of the absolute errors | 140.03 |
Predictive Modules for Monarch Casino
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Monarch Casino Resort. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Other Forecasting Options for Monarch Casino
For every potential investor in Monarch, whether a beginner or expert, Monarch Casino's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Monarch Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Monarch. Basic forecasting techniques help filter out the noise by identifying Monarch Casino's price trends.Monarch Casino Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Monarch Casino stock to make a market-neutral strategy. Peer analysis of Monarch Casino could also be used in its relative valuation, which is a method of valuing Monarch Casino by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Monarch Casino Resort Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Monarch Casino's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Monarch Casino's current price.| Cycle Indicators | ||
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Monarch Casino Market Strength Events
Market strength indicators help investors to evaluate how Monarch Casino stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Monarch Casino shares will generate the highest return on investment. By undertsting and applying Monarch Casino stock market strength indicators, traders can identify Monarch Casino Resort entry and exit signals to maximize returns.
Monarch Casino Risk Indicators
The analysis of Monarch Casino's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Monarch Casino's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting monarch stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.01 | |||
| Semi Deviation | 1.33 | |||
| Standard Deviation | 1.58 | |||
| Variance | 2.5 | |||
| Downside Variance | 2.41 | |||
| Semi Variance | 1.77 | |||
| Expected Short fall | (1.05) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether Monarch Casino Resort offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Monarch Casino's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Monarch Casino Resort Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Monarch Casino Resort Stock:Check out Historical Fundamental Analysis of Monarch Casino to cross-verify your projections. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Hotels, Restaurants & Leisure space 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 Monarch Casino. If investors know Monarch 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 Monarch Casino listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.195 | Dividend Share 1.2 | Earnings Share 4.53 | Revenue Per Share | Quarterly Revenue Growth 0.037 |
The market value of Monarch Casino Resort is measured differently than its book value, which is the value of Monarch that is recorded on the company's balance sheet. Investors also form their own opinion of Monarch Casino's value that differs from its market value or its book value, called intrinsic value, which is Monarch Casino'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 Monarch Casino's market value can be influenced by many factors that don't directly affect Monarch Casino'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 Monarch Casino's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monarch Casino is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monarch Casino'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.