Caesars Entertainment Stock Technical Analysis

CZR Stock  USD 37.98  0.54  1.40%   
As of the 19th of April, Caesars Entertainment shows the risk adjusted performance of (0.05), and Mean Deviation of 1.8. Caesars Entertainment technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Caesars Entertainment, which can be compared to its peers. Please confirm Caesars Entertainment market risk adjusted performance and treynor ratio to decide if Caesars Entertainment is priced correctly, providing market reflects its regular price of 37.98 per share. Given that Caesars Entertainment has information ratio of (0.13), we suggest you to validate Caesars Entertainment's prevailing market performance to make sure the company can sustain itself at a future point.

Caesars Entertainment Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Caesars, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Caesars
  
Caesars Entertainment's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Caesars Entertainment Analyst Consensus

Target PriceAdvice# of Analysts
70.71Strong Buy16Odds
Caesars Entertainment current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Caesars analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Caesars stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Caesars Entertainment, talking to its executives and customers, or listening to Caesars conference calls.
Caesars Analyst Advice Details
Caesars Entertainment 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.
A focus of Caesars Entertainment technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Caesars Entertainment trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Caesars Entertainment Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Caesars Entertainment volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Caesars Entertainment Trend Analysis

Use this graph to draw trend lines for Caesars Entertainment. You can use it to identify possible trend reversals for Caesars Entertainment as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Caesars Entertainment price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Caesars Entertainment Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Caesars Entertainment applied against its price change over selected period. The best fit line has a slop of   0.06  , which may imply that the returns on investment in Caesars Entertainment will continue to fail. It has 122 observation points and a regression sum of squares at 130.88, which is the sum of squared deviations for the predicted Caesars Entertainment price change compared to its average price change.

About Caesars Entertainment Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Caesars Entertainment on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Caesars Entertainment based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Caesars Entertainment price pattern first instead of the macroeconomic environment surrounding Caesars Entertainment. By analyzing Caesars Entertainment's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Caesars Entertainment's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Caesars Entertainment specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.002280.0030330.0034880.003313
Price To Sales Ratio2.060.820.870.7

Caesars Entertainment April 19, 2024 Technical Indicators

Most technical analysis of Caesars help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Caesars from various momentum indicators to cycle indicators. When you analyze Caesars charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Caesars Entertainment is a strong investment it is important to analyze Caesars Entertainment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Caesars Entertainment's future performance. For an informed investment choice regarding Caesars Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caesars Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Caesars Stock, please use our How to Invest in Caesars Entertainment guide.
Note that the Caesars Entertainment information on this page should be used as a complementary analysis to other Caesars Entertainment's 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Caesars Stock analysis

When running Caesars Entertainment's price analysis, check to measure Caesars Entertainment'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 Caesars Entertainment is operating at the current time. Most of Caesars Entertainment's value examination focuses on studying past and present price action to predict the probability of Caesars Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caesars Entertainment's price. Additionally, you may evaluate how the addition of Caesars Entertainment to your portfolios can decrease your overall portfolio volatility.
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Is Caesars Entertainment'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 Caesars Entertainment. If investors know Caesars 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 Caesars Entertainment 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
0.417
Earnings Share
3.64
Revenue Per Share
53.619
Quarterly Revenue Growth
0.001
Return On Assets
0.0477
The market value of Caesars Entertainment is measured differently than its book value, which is the value of Caesars that is recorded on the company's balance sheet. Investors also form their own opinion of Caesars Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Caesars Entertainment'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 Caesars Entertainment's market value can be influenced by many factors that don't directly affect Caesars Entertainment'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 Caesars Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caesars Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caesars Entertainment'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.