Monarch Casino Resort Stock Probability of Future Stock Price Finishing Under 61.02
| MCRI Stock | USD 85.69 0.16 0.19% |
Monarch |
Monarch Casino Target Price Odds to finish below 61.02
The tendency of Monarch Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 61.02 or more in 90 days |
| 85.69 | 90 days | 61.02 | near 1 |
Based on a normal probability distribution, the odds of Monarch Casino to drop to $ 61.02 or more in 90 days from now is near 1 (This Monarch Casino Resort probability density function shows the probability of Monarch Stock to fall within a particular range of prices over 90 days) . Probability of Monarch Casino Resort price to stay between $ 61.02 and its current price of $85.69 at the end of the 90-day period is close to 99 .
Given the investment horizon of 90 days Monarch Casino has a beta of 0.73. This indicates as returns on the market go up, Monarch Casino average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Monarch Casino Resort will be expected to be much smaller as well. Additionally Monarch Casino Resort has an alpha of 0.1389, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Monarch Casino Price Density |
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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.Monarch Casino Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Monarch Casino is not an exception. The market had few large corrections towards the Monarch Casino's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Monarch Casino Resort, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Monarch Casino within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | 0.73 | |
σ | Overall volatility | 3.27 | |
Ir | Information ratio | 0.08 |
Monarch Casino Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Monarch Casino for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Monarch Casino Resort can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Monarch Casino is unlikely to experience financial distress in the next 2 years | |
| Monarch Casino Resort currently holds 20.42 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Monarch Casino Resort has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Monarch Casino's use of debt, we should always consider it together with its cash and equity. | |
| Monarch Casino has a strong financial position based on the latest SEC filings | |
| About 64.0% of Monarch Casino shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Eagle Asset Management Inc. Sells 23,452 Shares of Monarch Casino Resort, Inc. |
Monarch Casino Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Monarch Stock often depends not only on the future outlook of the current and potential Monarch Casino's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Monarch Casino's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.6 M | |
| Cash And Short Term Investments | 43.4 M |
Monarch Casino Technical Analysis
Monarch Casino's future price can be derived by breaking down and analyzing its technical indicators over time. Monarch Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Monarch Casino Resort. In general, you should focus on analyzing Monarch Stock price patterns and their correlations with different microeconomic environments and drivers.
Monarch Casino Predictive Forecast Models
Monarch Casino's time-series forecasting models is one of many Monarch Casino's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Monarch Casino's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Monarch Casino Resort
Checking the ongoing alerts about Monarch Casino for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Monarch Casino Resort help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Monarch Casino is unlikely to experience financial distress in the next 2 years | |
| Monarch Casino Resort currently holds 20.42 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Monarch Casino Resort has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Monarch Casino's use of debt, we should always consider it together with its cash and equity. | |
| Monarch Casino has a strong financial position based on the latest SEC filings | |
| About 64.0% of Monarch Casino shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Eagle Asset Management Inc. Sells 23,452 Shares of Monarch Casino Resort, Inc. |
Check out Monarch Casino Backtesting, Monarch Casino Valuation, Monarch Casino Correlation, Monarch Casino Hype Analysis, Monarch Casino Volatility, Monarch Casino History as well as Monarch Casino Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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 27.4 | 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.