MGM Resorts (Germany) Alpha and Beta Analysis
| MGG Stock | EUR 32.48 0.31 0.96% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as MGM Resorts International. It also helps investors analyze the systematic and unsystematic risks associated with investing in MGM Resorts over a specified time horizon. Remember, high MGM Resorts' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to MGM Resorts' market risk premium analysis include:
Beta 0.48 | Alpha (0.04) | Risk 1.89 | Sharpe Ratio (0.01) | Expected Return (0.02) |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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MGM Resorts Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. MGM Resorts market risk premium is the additional return an investor will receive from holding MGM Resorts long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MGM Resorts. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate MGM Resorts' performance over market.| α | -0.04 | β | 0.48 |
MGM Resorts expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of MGM Resorts' Buy-and-hold return. Our buy-and-hold chart shows how MGM Resorts performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.MGM Resorts Market Price Analysis
Market price analysis indicators help investors to evaluate how MGM Resorts stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MGM Resorts shares will generate the highest return on investment. By understating and applying MGM Resorts stock market price indicators, traders can identify MGM Resorts position entry and exit signals to maximize returns.
MGM Resorts Return and Market Media
The median price of MGM Resorts for the period between Mon, Sep 23, 2024 and Sun, Dec 22, 2024 is 35.27 with a coefficient of variation of 3.62. The daily time series for the period is distributed with a sample standard deviation of 1.28, arithmetic mean of 35.27, and mean deviation of 1.02. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About MGM Resorts Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including MGM or other stocks. Alpha measures the amount that position in MGM Resorts International has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MGM Resorts in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MGM Resorts' short interest history, or implied volatility extrapolated from MGM Resorts options trading.
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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:Check out MGM Resorts Backtesting, MGM Resorts Valuation, MGM Resorts Correlation, MGM Resorts Hype Analysis, MGM Resorts Volatility, MGM Resorts History and analyze MGM Resorts Performance. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
MGM Resorts 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.