Wynn Resorts (Germany) Probability of Future Stock Price Finishing Under 76.94
| WYR Stock | EUR 84.74 0.39 0.46% |
Wynn |
Wynn Resorts Target Price Odds to finish below 76.94
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 drop to € 76.94 or more in 90 days |
| 84.74 | 90 days | 76.94 | under 4 |
Based on a normal probability distribution, the odds of Wynn Resorts to drop to € 76.94 or more in 90 days from now is under 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) . Probability of Wynn Resorts Limited price to stay between € 76.94 and its current price of €84.74 at the end of the 90-day period is about 29.96 .
Assuming the 90 days horizon Wynn Resorts has a beta of 0.38. This entails as returns on the market go up, Wynn Resorts average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Wynn Resorts Limited will be expected to be much smaller as well. Additionally Wynn Resorts Limited has an alpha of 0.2953, implying that it can generate a 0.3 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 | 0.30 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 5.54 | |
Ir | Information ratio | 0.1 |
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 has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 3.76 B. Net Loss for the year was (423.86 M) with profit before overhead, payroll, taxes, and interest of 1.89 B. | |
| Wynn Resorts Limited has accumulated about 1.82 B in cash with (71.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 17.07. | |
| Over 77.0% of the company outstanding shares are owned by institutional investors |
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 | 113.4 M | |
| Short Long Term Debt | 547.5 M |
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 has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 3.76 B. Net Loss for the year was (423.86 M) with profit before overhead, payroll, taxes, and interest of 1.89 B. | |
| Wynn Resorts Limited has accumulated about 1.82 B in cash with (71.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 17.07. | |
| Over 77.0% of the company outstanding shares are owned by institutional investors |
Additional Information and Resources on Investing in Wynn Stock
When determining whether Wynn Resorts Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wynn Resorts' 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 Wynn Resorts Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wynn Resorts Limited Stock: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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.