MGM Competitors

Stocks . Germany . 
Stock . MGM Resorts International
MGG Stock  EUR 32.48  0.31  0.96%   
MGM Resorts International competes with Las Vegas, Galaxy Entertainment, Sands China, Wynn Resorts, and ENTAIN PLC; as well as few others. The company classifies itself under Consumer Cyclical sector and is part of Resorts & Casinos industry. Analyzing MGM Resorts competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of MGM Resorts to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out MGM Resorts Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of MGM Resorts competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
30.5832.4834.38
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Intrinsic
Valuation
LowRealHigh
31.9933.8835.78
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Naive
Forecast
LowNextHigh
28.9530.8532.75
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
32.1834.6537.12
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MGM Resorts Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between MGM Resorts and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of MGM and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of MGM Resorts International does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
599A
+ 0.86
LCR
6GI
+ 0.79
6GI0
BO5
+ 0.76
VAI
VAI
+ 0.71
6GI0
WYR
+ 0.7
KW9A
599A
+ 0.69
KW9A
  
High negative correlations   
BO5
- 0.82
36T
36T
- 0.72
VAI
36T
- 0.36
6GI0
36T
- 0.35
6GI
36T
- 0.35
599A
36T
- 0.35
LCR

Risk-Adjusted Indicators

There is a big difference between MGM Stock performing well and MGM Resorts Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze MGM Resorts' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
LCR  1.66  0.45  0.28  2.02  1.22 
(2.03)
 4.64 
(2.40)
 11.61 
KW9A  2.84  0.61  0.15  0.71  2.85 
(3.84)
 10.04 
(4.29)
 29.92 
599A  2.86  0.75  0.20  1.53  2.75 
(3.53)
 10.23 
(3.46)
 33.88 
MGG  1.41 (0.04) 0.00 (0.06) 0.00 
 0.00 
 2.95 
(3.22)
 10.81 
WYR  1.96  0.30  0.11  0.79  2.28 
(2.25)
 6.74 
(3.12)
 18.25 
6GI0  1.68 (0.01) 0.00  0.08  0.00 
 0.00 
 3.47 
(4.37)
 12.83 
6GI  1.92 (0.03) 0.00 (0.06) 0.00 
 0.00 
 4.69 
(3.97)
 16.27 
VAI  1.61  0.12  0.05  1.41  1.61 
(2.03)
 3.31 
(2.60)
 8.07 
36T  1.84 (0.10) 0.00  0.49  0.00 
 0.00 
 5.66 
(6.45)
 14.29 
BO5  1.13  0.26  0.16  0.63  1.03 
(1.49)
 3.00 
(1.68)
 11.14 
All Fundamental Data

MGM Resorts Competitive Analysis

The better you understand MGM Resorts competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, MGM Resorts' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across MGM Resorts' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
MGG LCR KW9A 599A WYR 6GI0 6GI VAI 36T BO5
 0.96 
 32.48 
MGM
 1.05 
 49.86 
Las
 0.48 
 4.20 
Galaxy
 0.38 
 2.62 
Sands
 0.46 
 84.74 
Wynn
 0.59 
 8.55 
ENTAIN
 1.16 
 8.49 
Entain
 2.81 
 173.00 
Vail
 7.14 
 0.52 
GENTING
 0.74 
 68.00 
Boyd
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Relatively risky
Risky
Very steady
Somewhat reliable
Somewhat reliable
Very steady
Abnormally volatile
Very steady
Market Performance
(90 Days Performance)
Very Weak
Solid
Good
Good
OK
Very Weak
Weak
Insignificant
Very Weak
Good
Odds of Financial Distress
(Probability Of Bankruptcy)
Quite High
Below Average
Low
About Average
Below Average
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Under Valued
Under Valued
Under Valued
Under Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Strong Buy
Strong Buy
Buy
Strong Hold
Strong Sell
Cautious Hold
Hold
Strong Sell
Strong Buy
Current Ratio
0.73
1.73
0.77
1.64
1.19
0.93
0.76
0.76
8.84
0.72
Net Asset
45.69 B
22.04 B
85.24 B
10.09 B
13.42 B
N/A
7.25 B
6.32 B
N/A
6.31 B
Profit Margin
0.11
0.45
-0.3
-0.99
-0.11
0.0485
0.0485
0.13
0.15
0.18
EBITDA
4.98 B
406 M
3.85 B
25 M
643.17 M
729 M
837.6 M
857.74 M
479.72 M
1.24 B
Operating Margin
-0.13
-0.19
-0.3
-0.72
-0.0465
0.14
0.14
0.22
0.17
0.29
Current Valuation
40.41 B
43.2 B
26.77 B
33.05 B
19.03 B
N/A
12 B
11.65 B
N/A
9.09 B
Price To Book
2.92
9.47
3.44
207.14
12.05
N/A
2.39
8.01
N/A
3.95
Five Year Return
N/A
4.2
N/A
5.7
2.47
N/A
N/A
1.93
3.49
N/A
Beta
2.07
1.17
0.91
1.04
2.01
1.19
1.2
1.19
1.0
1.84
Number Of Employees
57 K
35.5 K
10
24 K
10
21.23 K
21.23 K
6.9 K
11
15.77 K
Shares Outstanding
379.09 M
764.27 M
4.37 B
8.09 B
113.69 M
588.85 M
588.85 M
40.32 M
12.07 B
102.01 M
Cash Flow From Operations
1.76 B
(795 M)
(3.49 B)
88 M
(71.27 M)
710.3 M
631.8 M
710.5 M
246.51 M
976.11 M
Annual Yield
2.0E-4
0.0705
0.0915
0.0687
0.0483
0.0119
0.013
0.0318
0.0206
0.01
Total Debt
7.43 B
13.95 B
1.13 B
7.82 B
11.57 B
2.46 B
2.16 B
2.67 B
266.77 M
3.01 B
Return On Equity
0.0251
-0.52
-0.0516
-16.83
-5.61
0.0671
0.0671
0.23
0.0229
0.41
Z Score
1.2
1.8
15.6
1.8
0.6
2.4
2.4
1.8
18.6
1.2
Return On Asset
-0.0248
-0.0233
-0.0255
-0.0704
-0.0084
0.0482
0.0482
0.0586
0.0146
0.1
Book Value Per Share
12.75
5.08
14.64
-0.086
-6.67
5.63
5.63
31.37
0.65
15.47
Total Asset
45.69 B
22.04 B
85.24 B
10.09 B
13.42 B
N/A
7.25 B
6.32 B
N/A
6.31 B
Debt To Equity
137.4
191.5
14.6
126.1
487.9
0.8
64.0
71.8
0.034
416.1
Target Price
48.54
N/A
N/A
N/A
116.0
N/A
N/A
347.82
N/A
81.55
Last Dividend Paid
0.01
N/A
N/A
N/A
N/A
0.085
0.085
6.61
0.02
0.6
Shares Owned By Institutions
67.32
42.21
24.52
13.76
77.31
0.21
86.88
98.74
9.38
72.28
Market Capitalization
15.36 B
42.12 B
29.52 B
27.54 B
11.96 B
10.47 B
9.23 B
8.87 B
8.34 B
6.38 B
Price To Earning
84.14
27.76
15.75
18.59
12.16
223.68
N/A
29.85
123.5
18.97
Price To Earnings To Growth
4.24
4.43
0.56
5.54
0.55
N/A
N/A
N/A
N/A
N/A
Price To Sales
1.03
8.64
1.74
11.47
2.41
N/A
2.29
3.98
N/A
1.64
Net Income
1.47 B
1.83 B
1.33 B
(1.05 B)
(423.86 M)
92.2 M
249.3 M
347.92 M
69.24 M
639.38 M
Earnings Per Share
3.23
-1.35
-0.01
-0.17
-3.64
0.41
0.42
8.1
0.01
5.53
Shares Owned By Insiders
17.98
56.79
50.79
69.98
15.2
N/A
0.11
1.26
52.96
29.2
Revenue
13.13 B
4.11 B
19.7 B
2.87 B
3.76 B
4.16 B
3.83 B
2.53 B
1.18 B
3.56 B
Cash And Equivalents
1.16 B
4.13 B
1.17 B
2.68 B
1.82 B
706.7 M
303.8 M
59.64 M
4 B
248.18 M
Cash Per Share
2.2
5.35
0.27
0.33
17.07
1.21
1.0
1.48
0.33
2.23
Gross Profit
6.47 B
2.58 B
4.44 B
487 M
1.89 B
3.21 B
3.21 B
1.23 B
326.86 M
2.57 B
Day Typical Price
32.48
49.54
4.2
2.62
84.5
8.58
8.43
173.0
0.52
68.0
Accumulation Distribution
N/A
0.0195
N/A
N/A
0.0084
0.0116
0.0212
N/A
N/A
N/A
Market Facilitation Index
N/A
0.97
N/A
N/A
0.71
0.1
0.18
N/A
N/A
N/A
Daily Balance Of Power
9.2 T
0.5361
9.2 T
9.2 T
(0.55)
0.5
(0.56)
(9,223,372,036,855)
(9,223,372,036,855)
9.2 T
Period Momentum Indicator
0.31
0.52
0.02
0.01
(0.39)
0.05
(0.10)
(5.00)
(0.04)
0.5
Rate Of Daily Change
1.01
1.01
1.0
1.0
1.0
1.01
0.99
0.97
0.93
1.01
Day Median Price
32.48
49.38
4.2
2.62
84.39
8.6
8.4
173.0
0.52
68.0
Price Action Indicator
0.15
0.74
0.01
0.005
0.16
(0.03)
0.04
(2.50)
(0.02)
0.25
Relative Strength Index
39.84
56.61
46.1
58.32
49.07
46.15
46.09
59.16
44.02
57.74
Coefficient Of Variation
(10,034)
478.38
708.93
580.46
931.95
(29,956)
(31,254)
1526.37
(2,925)
569.73
Mean Deviation
1.41
1.66
2.84
2.86
1.96
1.68
1.92
1.61
1.84
1.13
Jensen Alpha
(0.04)
0.4491
0.6103
0.7508
0.2953
(0.01)
(0.03)
0.1199
(0.10)
0.2645
Total Risk Alpha
(0.08)
0.3919
0.5029
0.6364
0.2219
(0.08)
(0.09)
0.0655
(0.19)
0.2288
Sortino Ratio
N/A
0.2777
0.1455
0.2034
0.1093
N/A
N/A
0.0543
N/A
0.1632
Downside Variance
N/A
2.42
17.45
13.22
6.65
N/A
N/A
3.37
N/A
2.38
Standard Deviation
1.89
2.22
4.54
4.48
2.92
2.35
2.69
2.01
2.87
1.62
Kurtosis
1.01
1.58
4.17
5.7
2.95
1.89
2.33
0.1746
1.24
5.57
Potential Upside
2.95
4.64
10.04
10.23
6.74
3.47
4.69
3.31
5.66
3.0
Treynor Ratio
(0.06)
2.02
0.7099
1.53
0.7898
0.0813
(0.06)
1.41
0.4879
0.6319
Maximum Drawdown
10.81
11.61
29.92
33.88
18.25
12.83
16.27
8.07
14.29
11.14
Variance
3.56
4.93
20.59
20.07
8.55
5.53
7.23
4.05
8.25
2.62
Market Risk Adjusted Performance
(0.05)
2.03
0.7199
1.54
0.7998
0.0913
(0.05)
1.42
0.4979
0.6419
Risk Adjusted Performance
(0)
0.172
0.12
0.1447
0.0923
0.004
0.0045
0.058
(0.02)
0.1442
Skewness
(0.29)
1.05
1.09
0.8998
0.3784
0.2236
0.5163
0.4734
(0.08)
1.29
Semi Deviation
N/A
1.22
2.85
2.75
2.28
N/A
N/A
1.61
N/A
1.03
Information Ratio
(0.03)
0.1945
0.134
0.1651
0.0963
(0.02)
(0.02)
0.0495
(0.05)
0.1556
Value At Risk
(3.22)
(2.40)
(4.29)
(3.46)
(3.12)
(4.37)
(3.97)
(2.60)
(6.45)
(1.68)
Expected Short fall
N/A
(2.03)
(3.84)
(3.53)
(2.25)
N/A
N/A
(2.03)
N/A
(1.49)
Downside Deviation
N/A
1.56
4.18
3.64
2.58
N/A
N/A
1.84
N/A
1.54
Semi Variance
N/A
1.49
8.11
7.57
5.22
N/A
N/A
2.6
N/A
1.07

MGM Resorts Competition Performance Charts

Five steps to successful analysis of MGM Resorts Competition

MGM Resorts' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by MGM Resorts International in relation to its competition. MGM Resorts' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of MGM Resorts in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact MGM Resorts' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to MGM Resorts International, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your MGM Resorts position

In addition to having MGM Resorts in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Electronic Equipment
Electronic Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Electronic Equipment theme has 61 constituents at this time.
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Additional Information and Resources on Investing in MGM Stock

When determining whether MGM Resorts International is a strong investment it is important to analyze MGM Resorts' 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 MGM Resorts' future performance. For an informed investment choice regarding MGM Stock, refer to the following important reports:
How To Invest In MGM
Details
Is MGM Stock a good investment?
Details
What is MGM Resorts' Net Worth?
Details
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Largest Consumer Services Companies
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Check out MGM Resorts Correlation with its peers.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between MGM Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGM Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGM Resorts' 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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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