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By Vlad Skutelnik

August 24, 2019

In this article I will break down 6 Entertainment isntruments to have in your portfolio in September 2019. I will cover Churchill Downs Incorporated, Vail Resorts, Live Nation Entertainment, Cedar Fair LP, Cinemark Holdings Inc Cinemark, and AMC Entertainment Holdings
The Top 6 Entertainment stocks to own in September 2019

This list of potential positions covers USA Equities from Entertainment industry as classified by Fama & French. Fama and French focuses on testing asset pricing under different economic assumptions in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.


Churchill Downs Incorporated (CHDN)

The company has return on total asset (ROA) of 7.58 % which means that it generated profit of $7.58 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 36.86 % meaning that it created $36.86 on every $100 dollars invested by stockholders. The entity currently falls under 'Mid-Cap' category with current market capitalization of 4.91B. Churchill Downs Inco shows prevailing Real Value of $104.49 per share. The current price of the firm is $123.72. At this time the firm appears to be overvalued. This module approximates value of Churchill Downs Inco from analyzing the firm fundamentals such as Profit Margin of 15.76%, Return On Equity of 36.86% and Current Valuation of 6.26B as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend. Churchill Downs competes with Everi Holdings, International Game, Golden Entertainment, Inspired Entertainment, Canterbury Park, Cambrex, Aquantia Corp, and Bank of New York. Churchill Downs Incorporated operates as a racing, gaming, and online entertainment company in the United States. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky. Churchill Downs operates under Gambling classification in USA and is traded on BATS Exchange. It employs 4100 people.

Vail Resorts (MTN)

The company has Net Profit Margin of 13.71 % which may imply that it executes well on its competitive polices and has a good control over its expenditures and variable costs. This is very large. In the same way, it shows Net Operating Margin of 31.72 % which entails that for every 100 dollars of revenue it generated 0.32 of operating income. The entity currently falls under 'Mid-Cap' category with total capitalization of 9.43B.
Total Debt
Vail Resorts has current Real Value of $243.64 per share. The regular price of the company is $235.79. At this time the company appears to be fairly valued. This module measures value of Vail Resorts from inspecting the company fundamentals such as Operating Margin of 31.72%, Return On Equity of 16.83% and Shares Outstanding of 40.2M as well as reviewing its technical indicators and Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securities prices and their ongoing real values will draw towards each other.

Live Nation Entertainment (LYV)

The company has Net Profit Margin of 0.67 % which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 6.42 % which entails that for every 100 dollars of revenue it generated 0.06 of operating income. The firm currently falls under 'Large-Cap' category with total capitalization of 14.76B. Live Nation Entertai secures last-minute Real Value of $67.97 per share. The latest price of the firm is $67.09. At this time the firm appears to be fairly valued. This module forecasts value of Live Nation Entertai from analyzing the firm fundamentals such as Return On Equity of 6.24%, Profit Margin of 0.67% and Current Valuation of 17.17B as well as examining its technical indicators and Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point entities prices and their ongoing real values will merge together. Live Nation Entertai secures last-minute Real Value of $67.97 per share. The latest price of the firm is $67.09. At this time the firm appears to be fairly valued. This module forecasts value of Live Nation Entertai from analyzing the firm fundamentals such as Current Valuation of 17.17B, Profit Margin of 0.67% and Return On Equity of 6.24% as well as examining its technical indicators and Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point entities prices and their ongoing real values will merge together.

Cedar Fair LP (FUN)

The company has Net Profit Margin of 12.03 % which may imply that it executes well on its competitive polices and has a good control over its expenditures and variable costs. This is very large. In the same way, it shows Net Operating Margin of 34.61 % which entails that for every 100 dollars of revenue it generated 0.35 of operating income. The entity currently falls under 'Mid-Cap' category with total capitalization of 3.09B.
Total Debt
Cedar Fair LP shows prevailing Real Value of $63.01 per share. The current price of the firm is $55.08. At this time the firm appears to be undervalued. This module approximates value of Cedar Fair LP from analyzing the firm fundamentals such as Profit Margin of 12.03% and Return On Equity of 0.0005% as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.

Cinemark Holdings Inc Cinemark (CNK)

The company has Net Profit Margin of 6.31 % which may imply that it executes well on its competitive polices and has a good control over its expenditures and variable costs. This is very large. In the same way, it shows Net Operating Margin of 21.86 % which entails that for every 100 dollars of revenue it generated 0.22 of operating income. The firm currently falls under 'Mid-Cap' category with total capitalization of 4.44B. Cinemark Holdings shows prevailing Real Value of $41.87 per share. The current price of the firm is $37.92. At this time the firm appears to be undervalued. This module approximates value of Cinemark Holdings from analyzing the firm fundamentals such as Profit Margin of 6.31%, Return On Equity of 13.75% and Current Valuation of 7.35B as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend. Cinemark Holdings competes with Eros International, Discovery Inc, AMC Entertainment, CBS, Disney, Dolby Laboratories, Global Eagle, and Live Nation. Cinemark Holdings, Inc., together with its subsidiaries, engages in the motion picture exhibition business. The company was founded in 1984 and is headquartered in Plano, Texas. Cinemark Holdings operates under Media - Diversified classification in USA and is traded on BATS Exchange. It employs 11610 people.

AMC Entertainment Holdings (AMC)

About 106.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.84. Some equities with similar Price to Book (P/B) outperform the market in the long run. The entity recorded loss per share of 0.62. The entity last dividend was issued on 2019-09-06. The entity currently falls under 'Mid-Cap' category with total capitalization of 1.12B.
Total Debt
AMC Entertainment owns latest Real Value of $15.16 per share. The recent price of the firm is $10.85. At this time the firm appears to be undervalued. This module approximates value of AMC Entertainment from analyzing the firm fundamentals such as Return On Asset of 1.01% and Shares Outstanding of 52.08M as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to invest in undervalued equities and to trade away overvalued equities since in the future instruments prices and their ongoing real values will grow together.

Current 6 Entertainment Recommendations

Competition Technical Indicators

Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
 6.23  0.49  0.06  0.30  7.41  0.06 (7.39)  12.16 (11.54)  29.54 
 1.29 (0.25)  0.00 (0.17)  0.00 (0.13)  0.00  2.87 (2.75)  10.36 
 2.37 (0.06)  0.00 (0.02)  0.00 (0.0152)  0.00  3.59 (5.29)  17.45 
 1.40 (0.28)  0.00 (0.16)  0.00 (0.14)  0.00  2.07 (2.91)  11.65 
 1.37 (0.01) (0.01)  0.00  1.91 (0.0096) (1.31)  2.55 (3.47)  8.78 
 1.00 (0.11)  0.00 (0.09)  0.00 (0.08)  0.00  1.53 (2.56)  7.52 
 1.03 (0.06)  0.00 (0.04)  0.00 (0.0284)  0.00  2.55 (2.43)  15.18 
 4.33  0.26  0.04  0.30  5.70  0.0436 (4.74)  9.87 (6.40)  37.67 
 1.12  0.00  0.00  0.02  1.47  0.0014 (1.16)  2.20 (2.86)  5.84 

About Contributor

Vlad Skutelnik
   Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management. View Profile
This story should be regarded as informational only and should not be considered as solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Macroaxis. Please refer to our Terms of Use for any information regarding our disclosure principles.

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