Melco Resorts Entertainment Stock Probability of Future Stock Price Finishing Over 7.39
| MLCO Stock | USD 7.95 0.11 1.36% |
Closest to current price Melco long CALL Option Payoff at Expiration
Melco |
Melco Resorts Target Price Odds to finish over 7.39
The tendency of Melco 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 stay above $ 7.39 in 90 days |
| 7.95 | 90 days | 7.39 | about 48.21 |
Based on a normal probability distribution, the odds of Melco Resorts to stay above $ 7.39 in 90 days from now is about 48.21 (This Melco Resorts Entertainment probability density function shows the probability of Melco Stock to fall within a particular range of prices over 90 days) . Probability of Melco Resorts Entert price to stay between $ 7.39 and its current price of $7.95 at the end of the 90-day period is about 29.28 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.02 . This indicates Melco Resorts Entertainment market returns are highly reactive to returns on the market. As the market goes up or down, Melco Resorts is expected to follow. Additionally Melco Resorts Entertainment has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Melco Resorts Price Density |
| Price |
Predictive Modules for Melco Resorts
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Melco Resorts Entert. 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 Melco 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.
Melco Resorts Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Melco Resorts is not an exception. The market had few large corrections towards the Melco Resorts' 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 Melco Resorts Entertainment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Melco Resorts within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 1.02 | |
σ | Overall volatility | 0.67 | |
Ir | Information ratio | -0.01 |
Melco Resorts 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 Melco Resorts for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Melco Resorts Entert can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 3.78 B. Net Loss for the year was (326.92 M) with profit before overhead, payroll, taxes, and interest of 246.54 M. | |
| Melco Resorts Entert has a poor financial position based on the latest SEC disclosures | |
| Latest headline from seekingalpha.com: Melco Resorts Entertainment rises after BoA forecasts market share gains |
Melco Resorts 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 Melco Stock often depends not only on the future outlook of the current and potential Melco Resorts' 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. Melco Resorts' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 438.2 M | |
| Cash And Short Term Investments | 1.3 B |
Melco Resorts Technical Analysis
Melco Resorts' future price can be derived by breaking down and analyzing its technical indicators over time. Melco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Melco Resorts Entertainment. In general, you should focus on analyzing Melco Stock price patterns and their correlations with different microeconomic environments and drivers.
Melco Resorts Predictive Forecast Models
Melco Resorts' time-series forecasting models is one of many Melco Resorts' 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 Melco Resorts' 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 Melco Resorts Entert
Checking the ongoing alerts about Melco Resorts for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Melco Resorts Entert help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the previous year's revenue of 3.78 B. Net Loss for the year was (326.92 M) with profit before overhead, payroll, taxes, and interest of 246.54 M. | |
| Melco Resorts Entert has a poor financial position based on the latest SEC disclosures | |
| Latest headline from seekingalpha.com: Melco Resorts Entertainment rises after BoA forecasts market share gains |
Check out Melco Resorts Backtesting, Melco Resorts Valuation, Melco Resorts Correlation, Melco Resorts Hype Analysis, Melco Resorts Volatility, Melco Resorts History as well as Melco Resorts Performance. Note that the Melco Resorts Entert information on this page should be used as a complementary analysis to other Melco Resorts' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Melco Stock analysis
When running Melco Resorts' price analysis, check to measure Melco 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 Melco Resorts is operating at the current time. Most of Melco Resorts' value examination focuses on studying past and present price action to predict the probability of Melco Resorts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Melco Resorts' price. Additionally, you may evaluate how the addition of Melco Resorts to your portfolios can decrease your overall portfolio volatility.
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Is Melco Resorts' 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 Melco Resorts. If investors know Melco 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 Melco Resorts 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 7.797 | Earnings Share (0.51) | Revenue Per Share 9.545 | Quarterly Revenue Growth 0.553 | Return On Assets 0.0295 |
The market value of Melco Resorts Entert is measured differently than its book value, which is the value of Melco that is recorded on the company's balance sheet. Investors also form their own opinion of Melco Resorts' value that differs from its market value or its book value, called intrinsic value, which is Melco Resorts' 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 Melco Resorts' market value can be influenced by many factors that don't directly affect Melco Resorts' 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 Melco Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Melco Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Melco Resorts' 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.