Studio City International Stock Market Value
| MSC Stock | USD 6.65 0.35 5.00% |
| Symbol | Studio |
Studio City International 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 Studio City. If investors know Studio 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 Studio City 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 13.252 | Earnings Share (0.46) | Revenue Per Share 3.258 | Quarterly Revenue Growth 0.269 | Return On Assets 0.0099 |
The market value of Studio City International is measured differently than its book value, which is the value of Studio that is recorded on the company's balance sheet. Investors also form their own opinion of Studio City's value that differs from its market value or its book value, called intrinsic value, which is Studio City'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 Studio City's market value can be influenced by many factors that don't directly affect Studio City'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 Studio City's value and its price as these two are different measures arrived at by different means. Investors typically determine if Studio City is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Studio City'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.
Studio City '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 Studio City'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 Studio City.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Studio City on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Studio City International or generate 0.0% return on investment in Studio City over 30 days. Studio City is related to or competes with Golden Entertainment, Red Rock, Century Casinos, Ballys Corp, Marriot Vacations, Vail Resorts, and Monarch Casino. Studio City International Holdings Limited operates a gaming, retail, and entertainment resort in Cotai, Macau More
Studio City 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 Studio City'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 Studio City International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.37 | |||
| Information Ratio | 0.0403 | |||
| Maximum Drawdown | 29.65 | |||
| Value At Risk | (6.51) | |||
| Potential Upside | 8.94 |
Studio City Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Studio City's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Studio City's standard deviation. In reality, there are many statistical measures that can use Studio City historical prices to predict the future Studio City's volatility.| Risk Adjusted Performance | 0.0598 | |||
| Jensen Alpha | 0.2831 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | 0.0453 | |||
| Treynor Ratio | 1.08 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Studio City's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Studio City International Backtested Returns
Studio City appears to be slightly risky, given 3 months investment horizon. Studio City International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0639, which indicates the firm had a 0.0639% return per unit of risk over the last 3 months. We have found thirty technical indicators for Studio City International, which you can use to evaluate the volatility of the company. Please review Studio City's Coefficient Of Variation of 1494.26, semi deviation of 3.91, and Risk Adjusted Performance of 0.0598 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Studio City holds a performance score of 5. The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Studio City's returns are expected to increase less than the market. However, during the bear market, the loss of holding Studio City is expected to be smaller as well. Please check Studio City's skewness, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether Studio City's existing price patterns will revert.
Auto-correlation | 0.60 |
Good predictability
Studio City International has good predictability. Overlapping area represents the amount of predictability between Studio City time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Studio City International price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Studio City price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Studio City International lagged returns against current returns
Autocorrelation, which is Studio City 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 Studio City's stock expected returns. We can calculate the autocorrelation of Studio City returns to help us make a trade decision. For example, suppose you find that Studio City 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 |
Studio City 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 Studio City stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Studio City stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Studio City stock over time.
Current vs Lagged Prices |
| Timeline |
Studio City Lagged Returns
When evaluating Studio City's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Studio City stock have on its future price. Studio City 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, Studio City autocorrelation shows the relationship between Studio City stock current value and its past values and can show if there is a momentum factor associated with investing in Studio City International.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Studio City International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Studio City's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Studio City International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Studio City International Stock:Check out Studio City Correlation, Studio City Volatility and Studio City Alpha and Beta module to complement your research on Studio City. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Studio City 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.