Gaming Leisure Properties Stock Market Value
| GLPI Stock | USD 43.54 0.56 1.30% |
| Symbol | Gaming |
Gaming Leisure Properties Price To Book Ratio
Is Gaming Leisure'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 Gaming Leisure. If investors know Gaming 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 Gaming Leisure 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 0.051 | Dividend Share 2.9 | Earnings Share 2.77 | Revenue Per Share 5.455 | Quarterly Revenue Growth 0.097 |
The market value of Gaming Leisure Properties is measured differently than its book value, which is the value of Gaming that is recorded on the company's balance sheet. Investors also form their own opinion of Gaming Leisure's value that differs from its market value or its book value, called intrinsic value, which is Gaming Leisure'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 Gaming Leisure's market value can be influenced by many factors that don't directly affect Gaming Leisure'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 Gaming Leisure's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gaming Leisure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gaming Leisure'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.
Gaming Leisure 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Gaming Leisure's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Gaming Leisure.
| 10/26/2023 |
| 04/23/2024 |
If you would invest 0.00 in Gaming Leisure on October 26, 2023 and sell it all today you would earn a total of 0.00 from holding Gaming Leisure Properties or generate 0.0% return on investment in Gaming Leisure over 180 days. Gaming Leisure is related to or competes with VICI Properties, Brixmor Property, Sabra Healthcare, and CubeSmart. GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operator... More
Gaming Leisure Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Gaming Leisure's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Gaming Leisure Properties upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 8.06 | |||
| Value At Risk | (1.87) | |||
| Potential Upside | 1.29 |
Gaming Leisure Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gaming Leisure's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gaming Leisure's standard deviation. In reality, there are many statistical measures that can use Gaming Leisure historical prices to predict the future Gaming Leisure's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gaming Leisure'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.
Gaming Leisure Properties Backtested Returns
Gaming Leisure Properties holds Efficiency (Sharpe) Ratio of -0.0427, which attests that the entity had a -0.0427% return per unit of risk over the last 3 months. Gaming Leisure Properties exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gaming Leisure's Risk Adjusted Performance of (0.04), market risk adjusted performance of (0.08), and Standard Deviation of 1.16 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.07, which attests to a somewhat significant risk relative to the market. Gaming Leisure returns are very sensitive to returns on the market. As the market goes up or down, Gaming Leisure is expected to follow. Gaming Leisure Properties has an expected return of -0.0506%. Please make sure to check out Gaming Leisure maximum drawdown, as well as the relationship between the accumulation distribution and day typical price , to decide if Gaming Leisure Properties performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.28 |
Poor predictability
Gaming Leisure Properties has poor predictability. Overlapping area represents the amount of predictability between Gaming Leisure time series from 26th of October 2023 to 24th of January 2024 and 24th of January 2024 to 23rd of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gaming Leisure Properties price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Gaming Leisure price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.88 |
Gaming Leisure Properties lagged returns against current returns
Autocorrelation, which is Gaming Leisure stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Gaming Leisure's stock expected returns. We can calculate the autocorrelation of Gaming Leisure returns to help us make a trade decision. For example, suppose you find that Gaming Leisure has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Gaming Leisure regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Gaming Leisure stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gaming Leisure stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gaming Leisure stock over time.
Current vs Lagged Prices |
| Timeline |
Gaming Leisure Lagged Returns
When evaluating Gaming Leisure's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gaming Leisure stock have on its future price. Gaming Leisure autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Gaming Leisure autocorrelation shows the relationship between Gaming Leisure stock current value and its past values and can show if there is a momentum factor associated with investing in Gaming Leisure Properties.
Regressed Prices |
| Timeline |
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When running Gaming Leisure's price analysis, check to measure Gaming Leisure'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 Gaming Leisure is operating at the current time. Most of Gaming Leisure's value examination focuses on studying past and present price action to predict the probability of Gaming Leisure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gaming Leisure's price. Additionally, you may evaluate how the addition of Gaming Leisure to your portfolios can decrease your overall portfolio volatility.
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Gaming Leisure 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.