Wynn Resorts Limited Stock Price on September 5, 2024
| WYNN Stock | USD 91.29 0.45 0.49% |
If you're considering investing in Wynn Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wynn Resorts stands at 91.29, as last reported on the 25th of November, with the highest price reaching 92.50 and the lowest price hitting 91.24 during the day. Wynn Resorts appears to be very steady, given 3 months investment horizon. Wynn Resorts Limited shows Sharpe Ratio of 0.11, which attests that the company had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Wynn Resorts Limited, which you can use to evaluate the volatility of the company. Please utilize Wynn Resorts' Mean Deviation of 1.74, market risk adjusted performance of 2.93, and Downside Deviation of 2.58 to validate if our risk estimates are consistent with your expectations.
Wynn Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wynn |
Sharpe Ratio = 0.1135
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Estimated Market Risk
| 2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Wynn Resorts is performing at about 8% 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 Wynn Resorts by adding it to a well-diversified portfolio.
Wynn Resorts Valuation on September 5, 2024
It is possible to determine the worth of Wynn Resorts on a given historical date. On September 5, 2024 Wynn was worth 76.89 at the beginning of the trading date compared to the closed value of 76.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wynn Resorts stock. Still, in general, we apply an absolute valuation method to find Wynn Resorts' 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 Wynn Resorts where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wynn Resorts' related companies.
| Open | High | Low | Close | Volume | |
| 75.68 | 77.84 | 75.60 | 76.83 | 2,184,779 | |
09/05/2024 | 76.89 | 77.66 | 76.10 | 76.91 | 1,600,610 |
| 77.12 | 78.04 | 76.47 | 76.51 | 1,924,768 |
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Wynn Resorts Trading Date Momentum on September 5, 2024
| On September 06 2024 Wynn Resorts Limited was traded for 76.51 at the closing time. The top price for the day was 78.04 and the lowest listed price was 76.47 . The trading volume for the day was 1.9 M. The trading history from September 6, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.52% . The trading price change against the current closing price is 1.99% . |
Wynn Resorts Limited Fundamentals Correlations and Trends
By evaluating Wynn Resorts' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Wynn Resorts' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wynn financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wynn Resorts Stock history
Wynn Resorts 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 Wynn is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wynn Resorts Limited 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 Wynn Resorts stock prices may prove useful in developing a viable investing in Wynn Resorts
Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company was founded in 2002 and is based in Las Vegas, Nevada. Wynn Resorts operates under Resorts Casinos classification in the United States and is traded on NASDAQ Exchange. It employs 26950 people.
Wynn Resorts Stock Technical Analysis
Wynn Resorts 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
Wynn Resorts Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Wynn Resorts Limited cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Wynn Resorts November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Wynn Resorts stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wynn Resorts shares will generate the highest return on investment. By undertsting and applying Wynn Resorts stock market strength indicators, traders can identify Wynn Resorts Limited entry and exit signals to maximize returns
Wynn Resorts Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wynn Resorts' price direction in advance. Along with the technical and fundamental analysis of Wynn Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wynn 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 | 0.0942 | |||
| Jensen Alpha | 0.2829 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0675 | |||
| Treynor Ratio | 2.92 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wynn Resorts Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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 Wynn Resorts. If investors know Wynn 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 Wynn Resorts listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Wynn Resorts Limited is measured differently than its book value, which is the value of Wynn that is recorded on the company's balance sheet. Investors also form their own opinion of Wynn Resorts' value that differs from its market value or its book value, called intrinsic value, which is Wynn Resorts' 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 Wynn Resorts' market value can be influenced by many factors that don't directly affect Wynn Resorts' 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 Wynn Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wynn Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wynn Resorts' 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.