Eldorado Competitors

Summary

Eldorado Resorts competes with WEC Energy, Wingstop, Transportadora, Wendys, and Black Hills; as well as few others. The company runs under Consumer Cyclical sector within Resorts & Casinos industry. Analyzing Eldorado Resorts competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Eldorado Resorts to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Eldorado Resorts competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eldorado Resorts' 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.

Hype

Prediction

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Intrinsic

Valuation

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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eldorado Resorts. Your research has to be compared to or analyzed against Eldorado Resorts' peers to derive any actionable benefits. When done correctly, Eldorado Resorts' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Eldorado Resorts.

Eldorado Resorts Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Eldorado Resorts and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of Eldorado and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Eldorado Resorts does not affect the price movement of the other competitor.

	WEC	OHTR	WING	TGS	WEN	BKH	NRUC	NEE
WEC		0.0	0.48	0.27	0.16	0.74	0.22	0.65	WEC
OHTR	0.0		0.0	0.0	0.0	0.0	0.0	0.0	OHTR
WING	0.48	0.0		0.17	-0.23	0.73	0.37	0.52	WING
TGS	0.27	0.0	0.17		0.36	0.27	-0.23	0.74	TGS
WEN	0.16	0.0	-0.23	0.36		-0.06	-0.4	0.37	WEN
BKH	0.74	0.0	0.73	0.27	-0.06		0.42	0.62	BKH
NRUC	0.22	0.0	0.37	-0.23	-0.4	0.42		-0.14	NRUC
NEE	0.65	0.0	0.52	0.74	0.37	0.62	-0.14		NEE
	WEC	OHTR	WING	TGS	WEN	BKH	NRUC	NEE

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High positive correlations

BKH	+ 0.74	WEC
NEE	+ 0.74	TGS
BKH	+ 0.73	WING
NEE	+ 0.65	WEC
NEE	+ 0.62	BKH
NEE	+ 0.52	WING

High negative correlations

NRUC	- 0.4	WEN
NRUC	- 0.23	TGS
WEN	- 0.23	WING
NEE	- 0.14	NRUC
BKH	- 0.06	WEN
NEE	- 0.0	OHTR

Risk-Adjusted Indicators

There is a big difference between Eldorado Stock performing well and Eldorado Resorts Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Eldorado Resorts' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
WEC	0.87	(0.02)	(0.03)	0.06	1.09	(0.95)	1.76	(2.29)	5.89
OHTR	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
WING	1.82	0.36	0.13	0.46	2.10	(1.83)	3.68	(4.36)	13.23
TGS	2.57	0.10	0.06	0.13	2.64	(3.19)	6.52	(5.21)	21.78
WEN	1.05	0.00	(0.01)	0.09	1.21	(1.10)	1.90	(2.08)	5.26
BKH	1.14	0.04	0.04	0.12	1.40	(1.20)	2.94	(2.62)	7.36
NRUC	0.50	(0.01)	(0.08)	0.06	0.60	(0.61)	1.42	(1.11)	3.82
NEE	1.16	0.13	0.09	0.18	1.32	(1.22)	2.77	(2.10)	6.28

Eldorado Resorts Competitive Analysis

The better you understand Eldorado Resorts competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Eldorado Resorts' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Eldorado Resorts' competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	WEC	OHTR	WING	TGS	WEN	BKH	NRUC	NEE
	0.82 82.63 WEC	0.00 0.0002 Oasis	0.55 362.74 Wingstop	3.68 15.96 Transportadora	0.70 19.82 Wendys	0.31 54.54 Black	0.08 24.96 National	0.54 66.56 Nextera
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Slightly risky	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Insignificant	Very Weak	Good	Weak	Modest	OK	Weak	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Below Average	About Average	Very Low	Very Low	Very Low	Below Average	Low	Below Average
Current Valuation (Equity Enterprise Value)	Under Valued	Over Valued	Over Valued	Over Valued	Under Valued	Under Valued	Fairly Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Buy	Not Available	Buy	Hold	Buy	Buy	Not Available	Buy
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Hold	Strong Buy	Strong Buy	Strong Buy	Strong Buy	Strong Buy	Strong Hold
Current Ratio	0.69 X	N/A	3.68 X	3.23 X	2.62 X	0.97 X	N/A	0.46 X
Net Asset	43.94 B	N/A	377.82 M	1.54 T	5.62 B	9.62 B	N/A	177.49 B
Profit Margin	0.15 %	N/A	0.15 %	0.05 %	0.09 %	0.11 %	N/A	0.26 %
EBITDA	3.35 B	N/A	125.87 M	463.38 B	526.5 M	736.7 M	N/A	15.91 B
Operating Margin	0.25 %	N/A	0.23 %	0.25 %	0.16 %	0.23 %	N/A	0.34 %
Current Valuation	45.01 B	N/A	11.34 B	154.66 B	7.72 B	8.11 B	N/A	218.8 B
Price To Book	2.13 X	N/A	N/A	3.84 X	12.34 X	1.11 X	N/A	2.73 X
Retained Earnings	7.61 B	N/A	(459.99 M)	23.51 B	409.86 M	1.16 B	N/A	30.23 B
Current Asset	1.82 B	N/A	19.62 M	204.2 M	616.57 M	822.15 M	N/A	6.79 B
Five Year Return	2.88 %	N/A	0.43 %	N/A	1.87 %	3.17 %	N/A	2.15 %
Beta	0.41	N/A	1.67	0.63	0.81	0.64	N/A	0.52
Number Of Employees	7 K	N/A	271	1.12 K	5.1 K	2.87 K	N/A	16.8 K
Shares Outstanding	315.82 M	N/A	29.37 M	150.55 M	205.36 M	68.29 M	N/A	2.05 B
Cash Flow From Operations	3.02 B	N/A	121.6 M	490.6 B	345.42 M	944.4 M	N/A	11.3 B
Annual Yield	0.04 %	N/A	0 %	N/A	0.05 %	0.05 %	0.03 %	0.03 %
Total Debt	18.8 B	N/A	714.71 M	467.32 B	4.14 B	4.4 B	N/A	73.21 B
Return On Equity	0.11	N/A	N/A	0.0279	0.53	0.0863	N/A	0.12
Z Score	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return On Asset	0.0318	N/A	0.18	0.0521	0.0446	0.0304	N/A	0.0374
Number Of Shares Shorted	8.05 M	N/A	1.86 M	234.89 K	8.07 M	2.9 M	N/A	24.95 M
Book Value Per Share	37.17 X	N/A	(15.59) X	1,137 X	1.51 X	47.15 X	N/A	23.13 X
Current Liabilities	2.03 B	N/A	12.57 M	133.67 M	268.77 M	422.03 M	N/A	10.11 B
Total Asset	43.94 B	N/A	377.82 M	1.54 T	5.62 B	9.62 B	N/A	177.49 B
Debt To Equity	1.33 %	N/A	(13.47) %	0.37 %	N/A	1.50 %	N/A	1.39 %
Short Ratio	3.84 X	N/A	3.56 X	0.76 X	2.54 X	4.84 X	N/A	1.72 X
Target Price	86.54	N/A	346.82	14.88	21.05	59.4	N/A	71.49
Last Dividend Paid	3.12	N/A	0.82	N/A	1.0	2.5	0.34	1.87
Shares Owned By Institutions	79.53 %	N/A	99.70 %	7.57 %	79.20 %	88.01 %	N/A	81.43 %
Market Capitalization	25.88 B	N/A	10.65 B	3.11 B	4.1 B	3.71 B	N/A	136.01 B
Price To Earning	24.43 X	N/A	163.11 X	40.43 X	43.12 X	19.38 X	N/A	43.66 X
Price To Earnings To Growth	2.45 X	N/A	5.50 X	N/A	1.57 X	2.61 X	N/A	2.61 X
Price To Sales	2.80 X	N/A	23.31 X	0.01 X	1.75 X	1.53 X	N/A	4.61 X
Net Income	1.33 B	N/A	70.17 M	64.57 B	204.44 M	262.2 M	N/A	6.28 B
Earnings Per Share	4.22 X	N/A	2.34 X	0.06 X	0.97 X	3.91 X	N/A	3.66 X
Shares Owned By Insiders	0.14 %	N/A	0.30 %	N/A	8.83 %	0.54 %	N/A	0.08 %
Revenue	8.89 B	N/A	460.06 M	1.22 T	2.18 B	2.33 B	N/A	28.11 B
Working Capital	(2.32 B)	N/A	73.34 M	56.06 B	455.72 M	(358.5 M)	N/A	(12.6 B)
Cash And Equivalents	28.9 M	N/A	173.51 M	2.7 B	700.81 M	21.43 M	N/A	1.6 B
Cash Per Share	0.10 X	N/A	5.80 X	168.85 X	3.29 X	0.16 X	N/A	1.26 X
Gross Profit	3.31 B	N/A	171.06 M	43.2 B	720.76 M	772.84 M	N/A	10.14 B
Day Typical Price	82.11	2.0E-4	363.57	16.2	19.86	54.19	24.93	66.29
Accumulation Distribution	30088.63	N/A	5081.82	11141.46	20412.37	7987.29	93.0	340388.0
Daily Balance Of Power	0.3333	0.0	(0.29)	(0.69)	(0.64)	0.1393	(0.08)	0.1915
Period Momentum Indicator	0.67	N/A	(1.99)	(0.61)	(0.14)	0.17	(0.02)	0.36
Rate Of Daily Change	1.01	1.0	0.99	0.96	0.99	1.0	1.0	1.01
Day Median Price	81.85	2.0E-4	363.99	16.32	19.88	54.01	24.92	66.16
Price Action Indicator	1.11	N/A	(2.25)	(0.66)	(0.13)	0.62	0.03	0.58
Relative Strength Index	52.95	N/A	46.76	74.81	42.3	59.62	51.47	67.23
Coefficient Of Variation	1972.04	N/A	528.81	1331.47	1454.87	998.0	1700.21	630.98
Mean Deviation	0.868	N/A	1.82	2.57	1.05	1.14	0.5001	1.16
Jensen Alpha	(0.02)	N/A	0.362	0.0961	0.0028	0.0382	(0.01)	0.1255
Total Risk Alpha	(0.11)	N/A	0.1155	(0.24)	(0.1)	(0.06)	(0.06)	0.0236
Sortino Ratio	(0.03)	N/A	0.1348	0.0621	(0.01)	0.036	(0.08)	0.0923
Downside Variance	1.36	N/A	7.07	8.58	1.61	2.34	0.4378	2.66
Standard Deviation	1.16	N/A	2.4	3.69	1.29	1.5	0.6871	1.55
Kurtosis	0.6326	N/A	0.8633	3.01	0.3251	0.5251	1.26	0.8962
Potential Upside	1.76	N/A	3.68	6.52	1.9	2.94	1.42	2.77
Treynor Ratio	0.0646	N/A	0.4625	0.1332	0.0885	0.1172	0.0639	0.1824
Maximum Drawdown	5.89	N/A	13.23	21.78	5.26	7.36	3.82	6.28
Variance	1.35	N/A	5.76	13.63	1.66	2.25	0.4721	2.4
Market Risk Adjusted Performance	0.0746	N/A	0.4725	0.1432	0.0985	0.1272	0.0739	0.1924
Risk Adjusted Performance	0.0363	N/A	0.1253	0.0551	0.048	0.0683	0.0376	0.1048
Skewness	(0.15)	N/A	(0.22)	1.09	0.065	(0.20)	(0.22)	(0.13)
Semi Deviation	1.09	N/A	2.1	2.64	1.21	1.4	0.5998	1.32
Information Ratio	(0.03)	N/A	0.1494	0.0493	(0.01)	0.0367	(0.08)	0.097
Value At Risk	(2.29)	N/A	(4.36)	(5.21)	(2.08)	(2.62)	(1.11)	(2.10)
Expected Short fall	(0.95)	N/A	(1.83)	(3.19)	(1.10)	(1.20)	(0.61)	(1.22)
Downside Deviation	1.17	N/A	2.66	2.93	1.27	1.53	0.6617	1.63
Semi Variance	1.18	N/A	4.41	6.98	1.46	1.96	0.3598	1.74

Eldorado Resorts Competition Performance Charts

Five steps to successful analysis of Eldorado Resorts Competition

Eldorado Resorts' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Eldorado Resorts in relation to its competition. Eldorado Resorts' competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Eldorado Resorts in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Eldorado Resorts' competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Eldorado Resorts, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Eldorado Resorts position

In addition to having Eldorado 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.

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Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 99 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 Baby Boomer Prospects Theme or any other thematic opportunities.

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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Other Consideration for investing in Eldorado Stock

If you are still planning to invest in Eldorado Resorts check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Eldorado Resorts' history and understand the potential risks before investing.

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