Monarch Casino Resort Stock Probability of Future Stock Price Finishing Over 73.68

MCRI Stock  USD 87.24  0.32  0.37%   
Monarch Casino's future price is the expected price of Monarch Casino instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Monarch Casino Resort performance during a given time horizon utilizing its historical volatility. Check out Monarch Casino Backtesting, Monarch Casino Valuation, Monarch Casino Correlation, Monarch Casino Hype Analysis, Monarch Casino Volatility, Monarch Casino History as well as Monarch Casino Performance.
  
As of now, Monarch Casino's Price To Book Ratio is increasing as compared to previous years. The Monarch Casino's current Price Cash Flow Ratio is estimated to increase to 8.31, while Price To Sales Ratio is projected to decrease to 1.56. Please specify Monarch Casino's target price for which you would like Monarch Casino odds to be computed.

Monarch Casino Target Price Odds to finish over 73.68

The tendency of Monarch Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 73.68  in 90 days
 87.24 90 days 73.68 
more than 93.0
Based on a normal probability distribution, the odds of Monarch Casino to stay above $ 73.68  in 90 days from now is more than 93.0 (This Monarch Casino Resort probability density function shows the probability of Monarch Stock to fall within a particular range of prices over 90 days) . Probability of Monarch Casino Resort price to stay between $ 73.68  and its current price of $87.24 at the end of the 90-day period is about 89.36 .
Given the investment horizon of 90 days Monarch Casino has a beta of 0.75. This indicates as returns on the market go up, Monarch Casino average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Monarch Casino Resort will be expected to be much smaller as well. Additionally Monarch Casino Resort has an alpha of 0.1692, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Monarch Casino Price Density   
       Price  

Predictive Modules for Monarch Casino

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Monarch Casino Resort. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
85.8887.2388.58
Details
Intrinsic
Valuation
LowRealHigh
85.1286.4787.82
Details
4 Analysts
Consensus
LowTargetHigh
67.3474.0082.14
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.171.131.18
Details

Monarch Casino Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Monarch Casino is not an exception. The market had few large corrections towards the Monarch Casino's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Monarch Casino Resort, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Monarch Casino within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.17
β
Beta against Dow Jones0.75
σ
Overall volatility
4.16
Ir
Information ratio 0.11

Monarch Casino Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Monarch Casino for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Monarch Casino Resort can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Monarch Casino is unlikely to experience financial distress in the next 2 years
Monarch Casino Resort currently holds 20.42 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Monarch Casino Resort has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Monarch Casino's use of debt, we should always consider it together with its cash and equity.
Monarch Casino has a strong financial position based on the latest SEC filings
About 64.0% of Monarch Casino shares are owned by institutional investors
On 16th of December 2024 Monarch Casino paid $ 0.3 per share dividend to its current shareholders
Latest headline from news.google.com: Verition Fund Management LLC Takes Position in Monarch Casino Resort, Inc. - MarketBeat

Monarch Casino Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Monarch Stock often depends not only on the future outlook of the current and potential Monarch Casino's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Monarch Casino's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding19.6 M
Cash And Short Term Investments43.4 M

Monarch Casino Technical Analysis

Monarch Casino's future price can be derived by breaking down and analyzing its technical indicators over time. Monarch Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Monarch Casino Resort. In general, you should focus on analyzing Monarch Stock price patterns and their correlations with different microeconomic environments and drivers.

Monarch Casino Predictive Forecast Models

Monarch Casino's time-series forecasting models is one of many Monarch Casino's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Monarch Casino's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Monarch Casino Resort

Checking the ongoing alerts about Monarch Casino for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Monarch Casino Resort help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Monarch Casino is unlikely to experience financial distress in the next 2 years
Monarch Casino Resort currently holds 20.42 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Monarch Casino Resort has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Monarch Casino's use of debt, we should always consider it together with its cash and equity.
Monarch Casino has a strong financial position based on the latest SEC filings
About 64.0% of Monarch Casino shares are owned by institutional investors
On 16th of December 2024 Monarch Casino paid $ 0.3 per share dividend to its current shareholders
Latest headline from news.google.com: Verition Fund Management LLC Takes Position in Monarch Casino Resort, Inc. - MarketBeat
When determining whether Monarch Casino Resort offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Monarch Casino's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Monarch Casino Resort Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Monarch Casino Resort Stock:
Is Hotels, Restaurants & Leisure space 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 Monarch Casino. If investors know Monarch 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 Monarch Casino 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
0.195
Dividend Share
1.2
Earnings Share
4.53
Revenue Per Share
27.4
Quarterly Revenue Growth
0.037
The market value of Monarch Casino Resort is measured differently than its book value, which is the value of Monarch that is recorded on the company's balance sheet. Investors also form their own opinion of Monarch Casino's value that differs from its market value or its book value, called intrinsic value, which is Monarch Casino'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 Monarch Casino's market value can be influenced by many factors that don't directly affect Monarch Casino'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 Monarch Casino's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monarch Casino is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monarch Casino'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.