Melco Resorts Entertainment Stock Price on May 13, 2024
| MLCO Stock | USD 7.46 0.19 2.48% |
Below is the normalized historical share price chart for Melco Resorts Entertainment extending back to December 19, 2006. 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 Melco Resorts stands at 7.46, as last reported on the 29th of June, with the highest price reaching 7.66 and the lowest price hitting 7.46 during the day.
If you're considering investing in Melco Stock, it is important to understand the factors that can impact its price. As of now, Melco Stock is somewhat reliable. Melco Resorts Entert has Sharpe Ratio of 0.0148, which conveys that the firm had a 0.0148% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Melco Resorts, which you can use to evaluate the volatility of the firm. Please verify Melco Resorts' Downside Deviation of 2.75, risk adjusted performance of 0.0349, and Mean Deviation of 2.0 to check out if the risk estimate we provide is consistent with the expected return of 0.0397%.
At this time, Melco Resorts' Common Stock Shares Outstanding is very stable compared to the past year. As of the 29th of June 2024, Common Stock is likely to grow to about 15.4 M, though Total Stockholder Equity is likely to grow to (1.2 B). . As of the 29th of June 2024, Price To Free Cash Flows Ratio is likely to grow to 11.37, while Price To Sales Ratio is likely to drop 0.98. Melco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of December 2006 | 200 Day MA 8.0492 | 50 Day MA 7.6384 | Beta 1.081 |
Melco |
Sharpe Ratio = 0.0148
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| Negative Returns | MLCO |
Estimated Market Risk
| 2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Melco Resorts is performing at about 1% 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 Melco Resorts by adding it to a well-diversified portfolio.
Price Book 105.5218 | Enterprise Value Ebitda 15.0551 | Price Sales 0.816 | Shares Float 579.9 M | Wall Street Target Price 10.67 |
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Melco Resorts Valuation on May 13, 2024
It is possible to determine the worth of Melco Resorts on a given historical date. On May 13, 2024 Melco was worth 8.02 at the beginning of the trading date compared to the closed value of 8.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Melco Resorts stock. Still, in general, we apply an absolute valuation method to find Melco Resorts' 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 Melco Resorts where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Melco Resorts' related companies.
| Open | High | Low | Close | Volume | |
| 8.09 | 8.10 | 7.71 | 7.85 | 3,108,595 | |
05/13/2024 | 8.02 | 8.33 | 8.01 | 8.28 | 3,388,839 |
| 8.20 | 8.30 | 8.11 | 8.25 | 3,326,071 |
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Melco Resorts Trading Date Momentum on May 13, 2024
| On May 14 2024 Melco Resorts Entertainment was traded for 8.25 at the closing time. The top price for the day was 8.30 and the lowest listed price was 8.11 . The trading volume for the day was 3.3 M. The trading history from May 14, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.36% . The trading delta at closing time against the current closing price is 3.14% . |
Melco Resorts Entert Fundamentals Correlations and Trends
By evaluating Melco Resorts' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Melco Resorts' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Melco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Melco Resorts Stock history
Melco Resorts 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 Melco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Melco Resorts Entert 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 Melco Resorts stock prices may prove useful in developing a viable investing in Melco Resorts
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 438.2 M | 523.3 M | |