Wynn Resorts Limited Stock Probability of Future Stock Price Finishing Under 88.68
| WYNN Stock | USD 88.68 0.63 0.71% |
Wynn |
Wynn Resorts Target Price Odds to finish below 88.68
The tendency of Wynn 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 Price | Horizon | Target Price | Odds to move below current price in 90 days |
| 88.68 | 90 days | 88.68 | about 15.4 |
Based on a normal probability distribution, the odds of Wynn Resorts to move below current price in 90 days from now is about 15.4 (This Wynn Resorts Limited probability density function shows the probability of Wynn Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Wynn Resorts Limited has a beta of -1.38. This entails as returns on its benchmark rise, returns on holding Wynn Resorts Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Wynn Resorts is expected to outperform its benchmark. Additionally Wynn Resorts Limited has an alpha of 0.1413, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Wynn Resorts Price Density |
| Price |
Predictive Modules for Wynn Resorts
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wynn Resorts Limited. 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.Wynn Resorts Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wynn Resorts is not an exception. The market had few large corrections towards the Wynn Resorts' 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 Wynn Resorts Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wynn Resorts within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | -1.38 | |
σ | Overall volatility | 5.62 | |
Ir | Information ratio | 0.03 |
Wynn Resorts 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 Wynn Resorts for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wynn Resorts Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wynn Resorts Limited generated a negative expected return over the last 90 days | |
| About 69.0% of the company outstanding shares are owned by institutional investors | |
| On 27th of November 2024 Wynn Resorts paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Q3 Earnings Roundup PENN Entertainment And The Rest Of The Casino Operator Segment |
Wynn Resorts 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 Wynn Stock often depends not only on the future outlook of the current and potential Wynn Resorts' 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. Wynn Resorts' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 112.9 M | |
| Cash And Short Term Investments | 3.7 B |
Wynn Resorts Technical Analysis
Wynn Resorts' future price can be derived by breaking down and analyzing its technical indicators over time. Wynn Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wynn Resorts Limited. In general, you should focus on analyzing Wynn Stock price patterns and their correlations with different microeconomic environments and drivers.
Wynn Resorts Predictive Forecast Models
Wynn Resorts' time-series forecasting models is one of many Wynn Resorts' 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 Wynn Resorts' 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 Wynn Resorts Limited
Checking the ongoing alerts about Wynn Resorts for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wynn Resorts Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wynn Resorts Limited generated a negative expected return over the last 90 days | |
| About 69.0% of the company outstanding shares are owned by institutional investors | |
| On 27th of November 2024 Wynn Resorts paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Q3 Earnings Roundup PENN Entertainment And The Rest Of The Casino Operator Segment |
Check out Wynn Resorts Backtesting, Wynn Resorts Valuation, Wynn Resorts Correlation, Wynn Resorts Hype Analysis, Wynn Resorts Volatility, Wynn Resorts History as well as Wynn Resorts Performance. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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 Wynn Resorts. If investors know Wynn 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 Wynn Resorts 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 0.091 | Dividend Share 1 | Earnings Share 8.33 | Revenue Per Share 64.328 | Quarterly Revenue Growth 0.013 |
The market value of Wynn Resorts Limited is measured differently than its book value, which is the value of Wynn that is recorded on the company's balance sheet. Investors also form their own opinion of Wynn Resorts' value that differs from its market value or its book value, called intrinsic value, which is Wynn Resorts' 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 Wynn Resorts' market value can be influenced by many factors that don't directly affect Wynn Resorts' 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 Wynn Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wynn Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wynn 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.