Studio City International Stock Price on April 25, 2024
| MSC Stock | USD 7.42 0.58 7.25% |
Below is the normalized historical share price chart for Studio City International extending back to October 18, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Studio City stands at 7.42, as last reported on the 11th of May 2024, with the highest price reaching 7.97 and the lowest price hitting 7.42 during the day.
If you're considering investing in Studio Stock, it is important to understand the factors that can impact its price. Studio City appears to be slightly risky, given 3 months investment horizon. Studio City International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0527, which indicates the firm had a 0.0527% 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 Risk Adjusted Performance of 0.0322, coefficient of variation of 2644.86, and Semi Deviation of 4.05 to confirm if our risk estimates are consistent with your expectations.
At present, Studio City's Common Stock is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 3.4 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 99.8 M. . At present, Studio City's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 1.97, whereas Price To Sales Ratio is forecasted to decline to 2.66. Studio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of October 2018 | 200 Day MA 6.4303 | 50 Day MA 7.3618 | Beta (0.47) |
Studio |
Sharpe Ratio = 0.0527
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.55 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Studio City is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Studio City by adding it to a well-diversified portfolio.
Price Book 2.2456 | Enterprise Value Ebitda 24.591 | Price Sales 3.6742 | Shares Float 68 M | Wall Street Target Price 11 |
Studio City Valuation on April 25, 2024
It is possible to determine the worth of Studio City on a given historical date. On April 25, 2024 Studio was worth 7.0 at the beginning of the trading date compared to the closed value of 7.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Studio City stock. Still, in general, we apply an absolute valuation method to find Studio City's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Studio City where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Studio City's related companies.
| Open | High | Low | Close | Volume | |
| 7.23 | 7.23 | 7.23 | 7.23 | 207.00 | |
04/25/2024 | 7.00 | 7.54 | 7.00 | 7.00 | 2,930 |
| 7.00 | 7.30 | 7.00 | 7.12 | 933.00 |
| Backtest Studio City | | | Studio City History | | | Studio City Valuation | Previous | Next |
Studio City Trading Date Momentum on April 25, 2024
| On April 26 2024 Studio City International was traded for 7.12 at the closing time. Highest Studio City's price during the trading hours was 7.30 and the lowest price during the day was 7.00 . The net volume was 933. The overall trading history on the 26th of April contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 1.71% . The trading price change to current price is 15.00% . |
Studio City International Fundamentals Correlations and Trends
By evaluating Studio City's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Studio City's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Studio financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Studio City Stock history
Studio City investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Studio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Studio City International will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Studio City stock prices may prove useful in developing a viable investing in Studio City
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 192.6 M | 99.8 M | |
| Net Loss | -293.8 M | -279.1 M |
Studio City Quarterly Net Working Capital |
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Studio City Stock Technical Analysis
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.
Price Boundaries
Studio City Period Price Range
Low | April 25, 2024
| High |
7.00 | 7.00 |
Studio City May 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Studio City stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Studio City shares will generate the highest return on investment. By undertsting and applying Studio City stock market strength indicators, traders can identify Studio City International entry and exit signals to maximize returns
Studio City Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Studio City's price direction in advance. Along with the technical and fundamental analysis of Studio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Studio to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0322 | |||
| Jensen Alpha | 0.1346 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | 0.0233 | |||
| Treynor Ratio | 0.2345 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Studio City International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Studio Stock analysis
When running Studio City's price analysis, check to measure Studio City'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 Studio City is operating at the current time. Most of Studio City's value examination focuses on studying past and present price action to predict the probability of Studio City's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Studio City's price. Additionally, you may evaluate how the addition of Studio City to your portfolios can decrease your overall portfolio volatility.
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Is Studio City'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 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 (0.57) | Revenue Per Share 2.826 | Quarterly Revenue Growth 1.918 | Return On Assets 0.0029 |
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.