Studio City International Stock Price on May 10, 2021
| MSC Stock | USD 7.35 0.35 4.55% |
If you're considering investing in Studio Stock, it is important to understand the factors that can impact its price. As of today, the current price of Studio City stands at 7.35, as last reported on the 19th of April, with the highest price reaching 7.35 and the lowest price hitting 7.00 during the day. Studio City appears to be slightly risky, given 3 months investment horizon. Studio City International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0834, which indicates the firm had a 0.0834% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Studio City International, which you can use to evaluate the volatility of the company. Please review Studio City's Coefficient Of Variation of 1199.48, semi deviation of 3.87, and Risk Adjusted Performance of 0.0604 to confirm if our risk estimates are consistent with your expectations.
Studio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Studio |
Sharpe Ratio = 0.0834
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MSC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.33 actual daily | 47 53% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Studio City is performing at about 6% 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.
Studio City Valuation on May 10, 2021
It is possible to determine the worth of Studio City on a given historical date. On May 10, 2021 Studio was worth 5.7 at the beginning of the trading date compared to the closed value of 5.95. 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 | |
04/04/2022 | 5.70 | 5.95 | 5.67 | 5.95 | 2,400 |
| 6.20 | 6.80 | 5.92 | 6.05 | 7,900 |
| Backtest Studio City | | | Studio City History | | | Studio City Valuation | Next |
Studio City Trading Date Momentum on May 10, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.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
Studio City International Holdings Limited operates a gaming, retail, and entertainment resort in Cotai, Macau. Studio City International Holdings Limited operates as a subsidiary of MCO Cotai Investments Limited. Studio City operates under Resorts Casinos classification in the United States and is traded on New York Stock Exchange. It employs 3794 people.
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 4, 2022
| High |
5.70 | 5.95 |
Studio City April 19, 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 | 0.0604 | |||
| Jensen Alpha | 0.3779 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0731 | |||
| Treynor Ratio | 0.4493 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |
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.
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.