Churchill Downs Incorporated Stock Performance
| CHDN Stock | USD 123.39 0.11 0.09% |
Churchill Downs has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.37, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Churchill Downs will likely underperform. Churchill Downs rporated right now shows a risk of 1.67%. Please confirm Churchill Downs rporated skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Churchill Downs rporated will be following its price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Churchill Downs Incorporated are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy fundamental indicators, Churchill Downs is not utilizing all of its potentials. The newest stock price disarray, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return (0.55) | Five Day Return 2.54 | Year To Date Return (8.27) | Ten Year Return 744.12 | All Time Return 2.2 K |
Forward Dividend Yield 0.0031 | Payout Ratio 0.0644 | Last Split Factor 2:1 | Forward Dividend Rate 0.38 | Dividend Date 2024-01-05 |
1 | Investing in Churchill Downs five years ago would have delivered you a 172 percent gain | 03/15/2024 |
2 | Bet on it Thousands flock to Terre Haute for casino opening | 04/05/2024 |
3 | Kentucky Derby marks 150th race with a facelift of Churchill Downs | 04/09/2024 |
4 | Will Churchill Downs Beat Estimates Again in Its Next Earnings Report | 04/11/2024 |
5 | ALTADIS U.S.A. LAUNCHES ROMEO Y JULIETA 1875 RUN FOR THE ROSES COMMEMORATIVE EDITION CIGAR TO CELEBRATE THE 150TH KENTUCKY DERBY | 04/15/2024 |
6 | Churchill Downs Expected to Beat Earnings Estimates Should You Buy | 04/17/2024 |
7 | Judge rules against attempt to get Bob Baffert-trained horse into 2024 Kentucky Derby | 04/18/2024 |
8 | Preakness candidates line up in weekend horse racing | 04/19/2024 |
9 | CELEBRATE THE 150TH KENTUCKY DERBY WITH FANDUEL, THE ONLY SPORTSBOOK APP WHERE YOU CAN BET ON THE RACE | 04/22/2024 |
10 | Churchill Downs emphasizing quality over quantity at Kentucky Derby 150 | 04/23/2024 |
| Begin Period Cash Flow | 204.7 M |
Churchill |
Churchill Downs Relative Risk vs. Return Landscape
If you would invest 12,114 in Churchill Downs Incorporated on January 26, 2024 and sell it today you would earn a total of 225.00 from holding Churchill Downs Incorporated or generate 1.86% return on investment over 90 days. Churchill Downs Incorporated is currently generating 0.0435% in daily expected returns and assumes 1.6702% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% of stocks are less volatile than Churchill, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Churchill Downs Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Churchill Downs' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Churchill Downs Incorporated, and traders can use it to determine the average amount a Churchill Downs' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.026
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CHDN |
Estimated Market Risk
| 1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Churchill Downs is performing at about 2% 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 Churchill Downs by adding it to a well-diversified portfolio.
Churchill Downs Fundamentals Growth
Churchill Stock prices reflect investors' perceptions of the future prospects and financial health of Churchill Downs, and Churchill Downs fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Churchill Stock performance.
| Return On Equity | 0.58 | ||||
| Return On Asset | 0.0564 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 13.86 B | ||||
| Shares Outstanding | 73.69 M | ||||
| Price To Earning | 16.29 X | ||||
| Price To Book | 9.96 X | ||||
| Price To Sales | 3.61 X | ||||
| Revenue | 2.46 B | ||||
| Gross Profit | 566.4 M | ||||
| EBITDA | 920.8 M | ||||
| Net Income | 417.3 M | ||||
| Cash And Equivalents | 110.6 M | ||||
| Cash Per Share | 3.01 X | ||||
| Total Debt | 4.84 B | ||||
| Debt To Equity | 5.26 % | ||||
| Current Ratio | 3.67 X | ||||
| Book Value Per Share | 11.99 X | ||||
| Cash Flow From Operations | 605.8 M | ||||
| Earnings Per Share | 5.48 X | ||||
| Market Capitalization | 9.1 B | ||||
| Total Asset | 6.96 B | ||||
| Retained Earnings | 894.5 M | ||||
| Working Capital | (355 M) | ||||
| Current Asset | 219.6 M | ||||
| Current Liabilities | 640.1 M | ||||
About Churchill Downs Performance
To evaluate Churchill Downs rporated Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Churchill Downs generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Churchill Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Churchill Downs rporated market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Churchill's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 16.94 | 16.99 | |
| Return On Tangible Assets | 0.11 | 0.07 | |
| Return On Capital Employed | 0.09 | 0.12 | |
| Return On Assets | 0.06 | 0.07 | |
| Return On Equity | 0.47 | 0.49 |
Things to note about Churchill Downs rporated performance evaluation
Checking the ongoing alerts about Churchill Downs for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Churchill Downs rporated help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 80.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from bizjournals.com: Churchill Downs emphasizing quality over quantity at Kentucky Derby 150 |
- Analyzing Churchill Downs' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Churchill Downs' stock is overvalued or undervalued compared to its peers.
- Examining Churchill Downs' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Churchill Downs' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Churchill Downs' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Churchill Downs' stock. These opinions can provide insight into Churchill Downs' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Churchill Downs Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Churchill Downs rporated information on this page should be used as a complementary analysis to other Churchill Downs' 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Churchill Stock analysis
When running Churchill Downs' price analysis, check to measure Churchill Downs' 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 Churchill Downs is operating at the current time. Most of Churchill Downs' value examination focuses on studying past and present price action to predict the probability of Churchill Downs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Churchill Downs' price. Additionally, you may evaluate how the addition of Churchill Downs to your portfolios can decrease your overall portfolio volatility.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Stocks Directory Find actively traded stocks across global markets | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |
Is Churchill Downs' 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 Churchill Downs. If investors know Churchill 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 Churchill Downs 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 56.156 | Dividend Share 0.382 | Earnings Share 5.48 | Revenue Per Share 32.735 | Quarterly Revenue Growth 0.169 |
The market value of Churchill Downs rporated is measured differently than its book value, which is the value of Churchill that is recorded on the company's balance sheet. Investors also form their own opinion of Churchill Downs' value that differs from its market value or its book value, called intrinsic value, which is Churchill Downs' 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 Churchill Downs' market value can be influenced by many factors that don't directly affect Churchill Downs' 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 Churchill Downs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Churchill Downs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Churchill Downs' 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.