Caesars Entertainment Stock Market Value
| CZR Stock | USD 39.42 1.82 4.84% |
| Symbol | Caesars |
Caesars Entertainment Price To Book Ratio
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 Caesars Entertainment. If investors know Caesars 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 Caesars Entertainment 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 0.417 | Earnings Share (1.68) | Revenue Per Share 52.241 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0448 |
The market value of Caesars Entertainment is measured differently than its book value, which is the value of Caesars that is recorded on the company's balance sheet. Investors also form their own opinion of Caesars Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Caesars Entertainment'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 Caesars Entertainment's market value can be influenced by many factors that don't directly affect Caesars Entertainment'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 Caesars Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caesars Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caesars Entertainment'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.
Caesars Entertainment 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Caesars Entertainment's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Caesars Entertainment.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Caesars Entertainment on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Caesars Entertainment or generate 0.0% return on investment in Caesars Entertainment over 720 days. Caesars Entertainment is related to or competes with Las Vegas, Wynn Resorts, Penn National, Melco Resorts, MGM Resorts, and Red Rock. Caesars Entertainment, Inc. operates as a gaming and hospitality company in the United States More
Caesars Entertainment Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Caesars Entertainment's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Caesars Entertainment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.56 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 14.6 | |||
| Value At Risk | (3.56) | |||
| Potential Upside | 4.33 |
Caesars Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Caesars Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Caesars Entertainment's standard deviation. In reality, there are many statistical measures that can use Caesars Entertainment historical prices to predict the future Caesars Entertainment's volatility.| Risk Adjusted Performance | 0.0301 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0448 |
Caesars Entertainment Backtested Returns
Currently, Caesars Entertainment is very steady. Caesars Entertainment secures Sharpe Ratio (or Efficiency) of 0.0519, which signifies that the company had a 0.0519% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Caesars Entertainment, which you can use to evaluate the volatility of the firm. Please confirm Caesars Entertainment's mean deviation of 1.8, and Risk Adjusted Performance of 0.0301 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. Caesars Entertainment has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.42, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Caesars Entertainment will likely underperform. Caesars Entertainment right now shows a risk of 2.44%. Please confirm Caesars Entertainment potential upside, and the relationship between the jensen alpha and accumulation distribution , to decide if Caesars Entertainment will be following its price patterns.
Auto-correlation | -0.26 |
Weak reverse predictability
Caesars Entertainment has weak reverse predictability. Overlapping area represents the amount of predictability between Caesars Entertainment time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Caesars Entertainment price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Caesars Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 14.59 |
Caesars Entertainment lagged returns against current returns
Autocorrelation, which is Caesars Entertainment stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Caesars Entertainment's stock expected returns. We can calculate the autocorrelation of Caesars Entertainment returns to help us make a trade decision. For example, suppose you find that Caesars Entertainment has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Caesars Entertainment regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Caesars Entertainment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Caesars Entertainment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Caesars Entertainment stock over time.
Current vs Lagged Prices |
| Timeline |
Caesars Entertainment Lagged Returns
When evaluating Caesars Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Caesars Entertainment stock have on its future price. Caesars Entertainment autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Caesars Entertainment autocorrelation shows the relationship between Caesars Entertainment stock current value and its past values and can show if there is a momentum factor associated with investing in Caesars Entertainment.
Regressed Prices |
| Timeline |
Pair Trading with Caesars Entertainment
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Caesars Entertainment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Caesars Entertainment will appreciate offsetting losses from the drop in the long position's value.Moving against Caesars Stock
The ability to find closely correlated positions to Caesars Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caesars Entertainment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Caesars Entertainment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Caesars Entertainment to buy it.
The correlation of Caesars Entertainment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Caesars Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caesars Entertainment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Caesars Entertainment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Caesars Stock Analysis
When running Caesars Entertainment's price analysis, check to measure Caesars Entertainment'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 Caesars Entertainment is operating at the current time. Most of Caesars Entertainment's value examination focuses on studying past and present price action to predict the probability of Caesars Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caesars Entertainment's price. Additionally, you may evaluate how the addition of Caesars Entertainment to your portfolios can decrease your overall portfolio volatility.