Monarch Casino Resort Stock Price on January 30, 2024
| MCRI Stock | USD 68.07 0.48 0.70% |
Below is the normalized historical share price chart for Monarch Casino Resort extending back to August 06, 1993. 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 Monarch Casino stands at 68.07, as last reported on the 29th of April, with the highest price reaching 68.78 and the lowest price hitting 67.34 during the day.
If you're considering investing in Monarch Stock, it is important to understand the factors that can impact its price. Monarch Casino Resort has Sharpe Ratio of -0.0133, which conveys that the firm had a -0.0133% return per unit of risk over the last 3 months. Monarch Casino exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Monarch Casino's Mean Deviation of 0.9262, risk adjusted performance of 0.0038, and Standard Deviation of 1.24 to check out the risk estimate we provide.
As of now, Monarch Casino's Total Stockholder Equity is increasing as compared to previous years. The Monarch Casino's current Liabilities And Stockholders Equity is estimated to increase to about 724.9 M, while Common Stock Shares Outstanding is projected to decrease to under 14.6 M. . As of now, Monarch Casino's Price To Book Ratio is increasing as compared to previous years. The Monarch Casino's current Price Cash Flow Ratio is estimated to increase to 8.31, while Price To Sales Ratio is projected to decrease to 1.56. Monarch Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of August 1993 | 200 Day MA 67.0707 | 50 Day MA 70.5308 | Beta 1.684 |
Monarch |
Sharpe Ratio = -0.0133
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MCRI |
Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Monarch Casino is not performing at its full potential. However, 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 Monarch Casino by adding Monarch Casino to a well-diversified portfolio.
Price Book 2.5892 | Enterprise Value Ebitda 8.293 | Price Sales 2.6495 | Shares Float 13.1 M | Dividend Share 1.2 |
Monarch Casino Valuation on January 30, 2024
It is possible to determine the worth of Monarch Casino on a given historical date. On January 30, 2024 Monarch was worth 69.11 at the beginning of the trading date compared to the closed value of 69.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Monarch Casino stock. Still, in general, we apply an absolute valuation method to find Monarch Casino'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 Monarch Casino where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Monarch Casino's related companies.
| Open | High | Low | Close | Volume | |
| 69.43 | 69.59 | 68.70 | 69.26 | 66,250 | |
01/30/2024 | 69.11 | 69.92 | 68.91 | 69.14 | 86,143 |
| 69.56 | 70.60 | 68.53 | 68.63 | 131,477 |
| Backtest Monarch Casino | | | Monarch Casino History | | | Monarch Casino Valuation | Previous | Next |
Monarch Casino Trading Date Momentum on January 30, 2024
| On January 31 2024 Monarch Casino Resort was traded for 68.63 at the closing time. The top price for the day was 70.60 and the lowest listed price was 68.53 . The trading volume for the day was 131.5 K. The trading history from January 31, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.74% . The trading delta at closing time against the current closing price is 2.60% . |
Monarch Casino Resort Fundamentals Correlations and Trends
By evaluating Monarch Casino'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 Monarch Casino's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Monarch financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Monarch Casino Stock history
Monarch Casino 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 Monarch is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Monarch Casino Resort 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 Monarch Casino stock prices may prove useful in developing a viable investing in Monarch Casino
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 19.6 M | 14.6 M | |
| Net Income Applicable To Common Shares | 100.6 M | 105.6 M |
Monarch Casino Stock Technical Analysis
Monarch Casino 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
Monarch Casino Period Price Range
Low | January 30, 2024
| High |
69.11 | 69.14 |
Monarch Casino April 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Monarch Casino stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Monarch Casino shares will generate the highest return on investment. By undertsting and applying Monarch Casino stock market strength indicators, traders can identify Monarch Casino Resort entry and exit signals to maximize returns
| Accumulation Distribution | 1244.34 | |||
| Daily Balance Of Power | 0.0297 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 69.41 | |||
| Day Typical Price | 69.32 | |||
| Price Action Indicator | (0.26) | |||
| Period Momentum Indicator | (1.07) |
Monarch Casino Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Monarch Casino's price direction in advance. Along with the technical and fundamental analysis of Monarch Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Monarch 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 | 0.0038 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.01) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monarch Casino Resort. 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Monarch Stock analysis
When running Monarch Casino's price analysis, check to measure Monarch Casino'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 Monarch Casino is operating at the current time. Most of Monarch Casino's value examination focuses on studying past and present price action to predict the probability of Monarch Casino's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monarch Casino's price. Additionally, you may evaluate how the addition of Monarch Casino to your portfolios can decrease your overall portfolio volatility.
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Is Monarch Casino'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 Monarch Casino. If investors know Monarch 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 Monarch Casino 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 0.033 | Dividend Share 1.2 | Earnings Share 4.23 | Revenue Per Share 26.296 | Quarterly Revenue Growth 0.043 |
The market value of Monarch Casino Resort is measured differently than its book value, which is the value of Monarch that is recorded on the company's balance sheet. Investors also form their own opinion of Monarch Casino's value that differs from its market value or its book value, called intrinsic value, which is Monarch Casino'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 Monarch Casino's market value can be influenced by many factors that don't directly affect Monarch Casino'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 Monarch Casino's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monarch Casino is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monarch Casino'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.