Monarch Story

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MCRI -- USA Stock  

USD 56.51  2.30  4.24%

It seems as Monarch Casino will continue to recover much faster as its share price surged up 2.51% today. This firm's current daily volatility is 2.23 percent, with a beta of 0.19 and an alpha of 0.36 over DOW. As many of us are excited about restaurants hotels motels, it is fair to concentrate on Monarch Casino Resort. What exactly are Monarch Casino shareholders getting in November?
Published over a month ago
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Will Monarch Casino (NASDAQ:MCRI) volatility rise before November
Monarch Casino Resort currently holds roughly 38.32 M in cash with 21.58 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.11. On a scale of 0 to 100, Monarch Casino holds a performance score of 13. The company secures a Beta (Market Risk) of 0.1942, which conveys not very significant fluctuations relative to the market. Let's try to break down what Monarch's beta means in this case. As returns on the market increase, Monarch Casino returns are expected to increase less than the market. However, during the bear market, the loss on holding Monarch Casino will be expected to be smaller as well. Although it is vital to follow Monarch Casino Resort price patterns, it is good to be conservative about what you can do with the information regarding equity historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Monarch Casino Resort technical indicators, you can presently evaluate if the expected return of 0.43% will be sustainable into the future. Please exercises Monarch Casino Resort maximum drawdown, as well as the relationship between the expected short fall and rate of daily change to make a quick decision on whether Monarch Casino Resort current price movements will revert.
Investing in Monarch Casino, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Monarch Casino along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.

How important is Monarch Casino's Liquidity

Monarch Casino financial leverage refers to using borrowed capital as a funding source to finance Monarch Casino Resort ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Monarch Casino financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Monarch Casino's total debt and its cash.

How Monarch utilizes its cash?

To perform a cash flow analysis of Monarch Casino, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Monarch Casino is receiving and how much cash it distributes out in a given period. The Monarch Casino cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Monarch Casino Net Cash Flow from Operations is most likely to increase significantly in the upcoming years. The last year's value of Net Cash Flow from Operations was reported at 63.25 Million

Monarch Casino Correlation with Peers

Investors in Monarch can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Monarch Casino Resort. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Monarch Casino and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Monarch is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage. Please check volatility of Monarch for more details

Monarch Casino exotic insider transaction detected

Legal trades by Monarch Casino insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Monarch insider trading alert for general transaction of options right to buy by Edwin Koenig, CAO, on 20th of November 2020. This event was filed by Monarch Casino Resort Inc with SEC on 2020-11-20. Statement of changes in beneficial ownership - SEC Form 4. Edwin Koenig currently serves as director of corporate devel. and analysis of Monarch Casino Resort [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

A Deeper Perspective

Monarch Casino appears to be very steady, given 1 month investment horizon. Monarch Casino Resort has Sharpe Ratio of 0.19, which conveys that the firm had 0.19% of return per unit of risk over the last month. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Monarch Casino, which you can use to evaluate future volatility of the firm. Please exercise Monarch Casino Resort Risk Adjusted Performance of 0.1748, downside deviation of 2.1, and Mean Deviation of 1.68 to check out if our risk estimates are consistent with your expectations.
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Will Monarch Casino growth be justifiable after the rise?

Current jensen alpha is at 0.36. Monarch Casino Resort currently demonstrates below-verage downside deviation. It has Information Ratio of 0.13 and Jensen Alpha of 0.36. However, we do advice investors to further question Monarch Casino Resort expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

While some firms under the resorts & casinos industry are still a bit expensive, Monarch Casino may offer a potential longer-term growth to stockholders. With an optimistic outlook on your 30 days horizon, it may be a good time to buy new shares of Monarch or increase your existing holdings in the Stock as it seems the potential growth has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Monarch Casino.

About Contributor

This story should be regarded as informational only and should not be considered a 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 Ellen Johnson do not own shares of Monarch Casino Resort. Please refer to our Terms of Use for any information regarding our disclosure principles.

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