Monarch Casino Resort Stock Probability of Future Stock Price Finishing Over 67.73
| MCRI Stock | USD 67.73 1.17 1.70% |
Closest to current price Monarch long CALL Option Payoff at Expiration
Monarch |
Monarch Casino Target Price Odds to finish over 67.73
The tendency of Monarch Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 67.73 | 90 days | 67.73 | about 88.1 |
Based on a normal probability distribution, the odds of Monarch Casino to move above the current price in 90 days from now is about 88.1 (This Monarch Casino Resort probability density function shows the probability of Monarch Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.01 . This indicates Monarch Casino Resort market returns are responsive to returns on the market. As the market goes up or down, Monarch Casino is expected to follow. Additionally Monarch Casino Resort has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Monarch Casino Price Density |
| Price |
Predictive Modules for Monarch Casino
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Monarch Casino Resort. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Monarch Casino'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.
Monarch Casino Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Monarch Casino is not an exception. The market had few large corrections towards the Monarch Casino's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Monarch Casino Resort, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Monarch Casino within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.1 | |
β | Beta against NYSE Composite | 1.01 | |
σ | Overall volatility | 2.00 | |
Ir | Information ratio | -0.08 |
Monarch Casino Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Monarch Casino for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Monarch Casino Resort can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Monarch Casino generated a negative expected return over the last 90 days | |
| Monarch Casino is unlikely to experience financial distress in the next 2 years | |
| The company currently holds 20.42 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Monarch Casino Resort has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Monarch Casino until it has trouble settling it off, either with new capital or with free cash flow. So, Monarch Casino's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Monarch Casino Resort sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Monarch to invest in growth at high rates of return. When we think about Monarch Casino's use of debt, we should always consider it together with cash and equity. | |
| Monarch Casino has a strong financial position based on the latest SEC filings | |
| About 64.0% of Monarch Casino shares are owned by institutional investors | |
| On 15th of March 2024 Monarch Casino paid $ 0.3 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Monarch Casino Resort First Quarter 2024 Earnings EPS Misses Expectations |
Monarch Casino Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Monarch Stock often depends not only on the future outlook of the current and potential Monarch Casino's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Monarch Casino's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.6 M | |
| Cash And Short Term Investments | 43.4 M |
Monarch Casino Technical Analysis
Monarch Casino's future price can be derived by breaking down and analyzing its technical indicators over time. Monarch Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Monarch Casino Resort. In general, you should focus on analyzing Monarch Stock price patterns and their correlations with different microeconomic environments and drivers.
Monarch Casino Predictive Forecast Models
Monarch Casino's time-series forecasting models is one of many Monarch Casino's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Monarch Casino's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Monarch Casino Resort
Checking the ongoing alerts about Monarch Casino for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Monarch Casino Resort help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Monarch Casino generated a negative expected return over the last 90 days | |
| Monarch Casino is unlikely to experience financial distress in the next 2 years | |
| The company currently holds 20.42 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Monarch Casino Resort has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Monarch Casino until it has trouble settling it off, either with new capital or with free cash flow. So, Monarch Casino's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Monarch Casino Resort sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Monarch to invest in growth at high rates of return. When we think about Monarch Casino's use of debt, we should always consider it together with cash and equity. | |
| Monarch Casino has a strong financial position based on the latest SEC filings | |
| About 64.0% of Monarch Casino shares are owned by institutional investors | |
| On 15th of March 2024 Monarch Casino paid $ 0.3 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Monarch Casino Resort First Quarter 2024 Earnings EPS Misses Expectations |
Check out Monarch Casino Backtesting, Monarch Casino Valuation, Monarch Casino Correlation, Monarch Casino Hype Analysis, Monarch Casino Volatility, Monarch Casino History as well as Monarch Casino Performance. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Monarch Stock analysis
When running Monarch Casino's price analysis, check to measure Monarch Casino'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 Monarch Casino is operating at the current time. Most of Monarch Casino's value examination focuses on studying past and present price action to predict the probability of Monarch Casino's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monarch Casino's price. Additionally, you may evaluate how the addition of Monarch Casino to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is Monarch Casino's industry 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 0.033 | Dividend Share 1.2 | Earnings Share 4.23 | Revenue Per Share 26.296 | Quarterly Revenue Growth 0.043 |
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.