MGM Resorts Shares Owned By Institutions vs. Price To Book
| MGM Stock | MXN 745.30 12.70 1.68% |
For MGM Resorts profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MGM Resorts to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MGM Resorts International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MGM Resorts's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MGM Resorts International over time as well as its relative position and ranking within its peers.
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MGM Resorts International Price To Book vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MGM Resorts's current stock value. Our valuation model uses many indicators to compare MGM Resorts value to that of its competitors to determine the firm's financial worth. MGM Resorts International is rated below average in shares owned by institutions category among its peers. It is rated below average in price to book category among its peers fabricating about 0.04 of Price To Book per Shares Owned By Institutions. The ratio of Shares Owned By Institutions to Price To Book for MGM Resorts International is roughly 23.61 . Comparative valuation analysis is a catch-all model that can be used if you cannot value MGM Resorts by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MGM Resorts' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.MGM Price To Book vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
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| = | 68.36 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
MGM Resorts |
| = | 2.90 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
MGM Price To Book Comparison
MGM Resorts is rated below average in price to book category among its peers.
MGM Resorts Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MGM Resorts, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MGM Resorts will eventually generate negative long term returns. The profitability progress is the general direction of MGM Resorts' change in net profit over the period of time. It can combine multiple indicators of MGM Resorts, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada. MGM RESORTS operates under Resorts Casinos classification in Mexico and is traded on Mexico Stock Exchange. It employs 45000 people.
MGM Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MGM Resorts. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MGM Resorts position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MGM Resorts' important profitability drivers and their relationship over time.
Use MGM Resorts in pair-trading
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 MGM Resorts 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 MGM Resorts will appreciate offsetting losses from the drop in the long position's value.MGM Resorts Pair Trading
MGM Resorts International Pair Trading Analysis
The ability to find closely correlated positions to MGM Resorts could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MGM Resorts 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 MGM Resorts - 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 MGM Resorts International to buy it.
The correlation of MGM Resorts 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 MGM Resorts moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MGM Resorts International 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 MGM Resorts 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.Use Investing Themes to Complement your MGM Resorts position
In addition to having MGM Resorts in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Non-Metallic and Industrial Metal Mining Thematic Idea Now
Non-Metallic and Industrial Metal Mining
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Non-Metallic and Industrial Metal Mining theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Non-Metallic and Industrial Metal Mining Theme or any other thematic opportunities.
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Additional Tools for MGM Stock Analysis
When running MGM Resorts' price analysis, check to measure MGM Resorts' 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 MGM Resorts is operating at the current time. Most of MGM Resorts' value examination focuses on studying past and present price action to predict the probability of MGM Resorts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGM Resorts' price. Additionally, you may evaluate how the addition of MGM Resorts to your portfolios can decrease your overall portfolio volatility.