Ballys Corp Stock Price on January 3, 2024
| BALY Stock | USD 18.08 0.02 0.11% |
If you're considering investing in Ballys Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ballys Corp stands at 18.08, as last reported on the 21st of January, with the highest price reaching 18.14 and the lowest price hitting 18.08 during the day. At this stage we consider Ballys Stock to be very steady. Ballys Corp secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Ballys Corp, which you can use to evaluate the volatility of the firm. Please confirm Ballys Corp's Risk Adjusted Performance of 0.1632, coefficient of variation of 471.88, and Mean Deviation of 0.2506 to double-check if the risk estimate we provide is consistent with the expected return of 0.0698%.
Ballys Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ballys |
Sharpe Ratio = 0.2119
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | BALY | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Ballys Corp is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ballys Corp by adding it to a well-diversified portfolio.
Ballys Corp Valuation on January 3, 2024
It is possible to determine the worth of Ballys Corp on a given historical date. On January 3, 2024 Ballys was worth 13.2 at the beginning of the trading date compared to the closed value of 12.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ballys Corp stock. Still, in general, we apply an absolute valuation method to find Ballys Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ballys Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ballys Corp's related companies.
| Open | High | Low | Close | Volume | |
| 13.75 | 14.09 | 13.33 | 13.44 | 415,738 | |
01/03/2024 | 13.20 | 13.20 | 12.03 | 12.13 | 508,062 |
| 12.21 | 12.46 | 12.04 | 12.35 | 305,229 |
| Backtest Ballys Corp | | | Ballys Corp History | | | Ballys Corp Valuation | Previous | Next |
Ballys Corp Trading Date Momentum on January 3, 2024
| On January 04 2024 Ballys Corp was traded for 12.35 at the closing time. The top price for the day was 12.46 and the lowest listed price was 12.04 . The trading volume for the day was 305.2 K. The trading history from January 4, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 1.81% . The overall trading delta against the current closing price is 14.10% . |
Ballys Corp Fundamentals Correlations and Trends
By evaluating Ballys Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ballys Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ballys financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ballys Corp Stock history
Ballys Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ballys is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ballys Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ballys Corp stock prices may prove useful in developing a viable investing in Ballys Corp
Ballys Corporation, a gaming, hospitality, and entertainment company, engages in casinos and resorts, and online gaming businesses in the United States. Ballys Corporation was incorporated in 2004 and is headquartered in Providence, Rhode Island. Ballys Corp operates under Resorts Casinos classification in the United States and is traded on New York Stock Exchange. It employs 10000 people.
Ballys Corp Stock Technical Analysis
Ballys Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Ballys Corp Period Price Range
Low | January 21, 2025
| High |
0.00 | 0.00 |
Ballys Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ballys Corp January 21, 2025 Market Strength
Market strength indicators help investors to evaluate how Ballys Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ballys Corp shares will generate the highest return on investment. By undertsting and applying Ballys Corp stock market strength indicators, traders can identify Ballys Corp entry and exit signals to maximize returns
Ballys Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ballys Corp's price direction in advance. Along with the technical and fundamental analysis of Ballys Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ballys to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1632 | |||
| Jensen Alpha | 0.0583 | |||
| Total Risk Alpha | 0.0494 | |||
| Sortino Ratio | 0.119 | |||
| Treynor Ratio | 1.06 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Ballys Stock Analysis
When running Ballys Corp's price analysis, check to measure Ballys Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ballys Corp is operating at the current time. Most of Ballys Corp's value examination focuses on studying past and present price action to predict the probability of Ballys Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ballys Corp's price. Additionally, you may evaluate how the addition of Ballys Corp to your portfolios can decrease your overall portfolio volatility.