MGM Resorts (Germany) Price on December 22, 2024
MGG Stock | EUR 32.48 0.31 0.96% |
If you're considering investing in MGM Stock, it is important to understand the factors that can impact its price. As of today, the current price of MGM Resorts stands at 32.48, as last reported on the 22nd of December, with the highest price reaching 32.48 and the lowest price hitting 32.48 during the day. MGM Resorts International has Sharpe Ratio of -0.0106, which conveys that the firm had a -0.0106% return per unit of volatility over the last 3 months. MGM Resorts exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MGM Resorts' mean deviation of 1.41, and Risk Adjusted Performance of (0) to check out the risk estimate we provide.
MGM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MGM |
Sharpe Ratio = -0.0106
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Estimated Market Risk
1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MGM Resorts is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MGM Resorts by adding MGM Resorts to a well-diversified portfolio.
MGM Resorts Valuation on December 22, 2024
It is possible to determine the worth of MGM Resorts on a given historical date. On December 22, 2024 MGM was worth 32.48 at the beginning of the trading date compared to the closed value of 32.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MGM Resorts stock. Still, in general, we apply an absolute valuation method to find MGM Resorts' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of MGM Resorts where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MGM Resorts' related companies.
Open | High | Low | Close | Volume | |
32.05 | 32.17 | 32.05 | 32.17 | 62.00 | |
12/22/2024 | 32.48 | 32.48 | 32.48 | 32.48 | 0.00 |
Backtest MGM Resorts | | | MGM Resorts History | | | MGM Resorts Valuation | Previous |
MGM Resorts Trading Date Momentum on December 22, 2024
On December 22 2024 MGM Resorts International was traded for 32.48 at the closing time. The highest daily price throughout the period was 32.48 and the lowest price was 32.48 . There was no trading activity during the period 0.0. Lack of trading volume on 12/22/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
MGM Resorts International Fundamentals Correlations and Trends
By evaluating MGM Resorts' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MGM Resorts' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MGM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MGM Resorts Stock history
MGM Resorts investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for MGM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MGM Resorts International will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing MGM Resorts stock prices may prove useful in developing a viable investing in MGM Resorts
MGM Resorts International, through its subsidiaries, owns and operates integrated casino, hotel, and entertainment resorts in the United States and Macau. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada. MGM RESORTS operates under Resorts Casinos classification in Germany and is traded on Frankfurt Stock Exchange. It employs 82000 people.
MGM Resorts Stock Technical Analysis
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.
Price Boundaries
MGM Resorts Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
MGM Resorts International cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
MGM Resorts December 22, 2024 Market Strength
Market strength 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 undertsting and applying MGM Resorts stock market strength indicators, traders can identify MGM Resorts International entry and exit signals to maximize returns
MGM Resorts Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MGM Resorts' price direction in advance. Along with the technical and fundamental analysis of MGM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MGM to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | (0.06) |
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Complementary Tools for MGM Stock analysis
When running MGM Resorts' price analysis, check to measure MGM Resorts' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MGM Resorts is operating at the current time. Most of MGM Resorts' value examination focuses on studying past and present price action to predict the probability of MGM Resorts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGM Resorts' price. Additionally, you may evaluate how the addition of MGM Resorts to your portfolios can decrease your overall portfolio volatility.
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