Monarch Casino Resort Stock Market Value
| MCRI Stock | USD 85.34 0.54 0.63% |
| Symbol | Monarch |
Monarch Casino Resort 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 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.
Monarch Casino '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 Monarch Casino'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 Monarch Casino.
| 08/05/2024 |
| 02/01/2025 |
If you would invest 0.00 in Monarch Casino on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding Monarch Casino Resort or generate 0.0% return on investment in Monarch Casino over 180 days. Monarch Casino is related to or competes with Red Rock, Full House, Ballys Corp, Golden Entertainment, Century Casinos, Melco Resorts, and Playa Hotels. Monarch Casino Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel and cas... More
Monarch Casino 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 Monarch Casino'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 Monarch Casino Resort upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.5 | |||
| Information Ratio | 0.0398 | |||
| Maximum Drawdown | 8.23 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 1.55 |
Monarch Casino Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Monarch Casino's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Monarch Casino's standard deviation. In reality, there are many statistical measures that can use Monarch Casino historical prices to predict the future Monarch Casino's volatility.| Risk Adjusted Performance | 0.1015 | |||
| Jensen Alpha | 0.106 | |||
| Total Risk Alpha | 0.0025 | |||
| Sortino Ratio | 0.0341 | |||
| Treynor Ratio | 0.3605 |
Monarch Casino Resort Backtested Returns
Monarch Casino is very steady at the moment. Monarch Casino Resort has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Monarch Casino, which you can use to evaluate the volatility of the firm. Please verify Monarch Casino's Mean Deviation of 0.8369, risk adjusted performance of 0.1015, and Downside Deviation of 1.5 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. Monarch Casino has a performance score of 9 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Monarch Casino's returns are expected to increase less than the market. However, during the bear market, the loss of holding Monarch Casino is expected to be smaller as well. Monarch Casino Resort right now secures a risk of 1.33%. Please verify Monarch Casino Resort maximum drawdown, as well as the relationship between the expected short fall and day median price , to decide if Monarch Casino Resort will be following its current price movements.
Auto-correlation | -0.22 |
Weak reverse predictability
Monarch Casino Resort has weak reverse predictability. Overlapping area represents the amount of predictability between Monarch Casino time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Monarch Casino Resort price movement. The serial correlation of -0.22 indicates that over 22.0% of current Monarch Casino price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 8.82 |
Monarch Casino Resort lagged returns against current returns
Autocorrelation, which is Monarch Casino 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 Monarch Casino's stock expected returns. We can calculate the autocorrelation of Monarch Casino returns to help us make a trade decision. For example, suppose you find that Monarch Casino 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 |
Monarch Casino 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 Monarch Casino stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Monarch Casino stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Monarch Casino stock over time.
Current vs Lagged Prices |
| Timeline |
Monarch Casino Lagged Returns
When evaluating Monarch Casino's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Monarch Casino stock have on its future price. Monarch Casino 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, Monarch Casino autocorrelation shows the relationship between Monarch Casino stock current value and its past values and can show if there is a momentum factor associated with investing in Monarch Casino Resort.
Regressed Prices |
| Timeline |
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Check out Monarch Casino Correlation, Monarch Casino Volatility and Monarch Casino Alpha and Beta module to complement your research on Monarch Casino. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Monarch Casino 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.