Caesars Entertainment,'s market value is the price at which a share of Caesars Entertainment, trades on a public exchange. It measures the collective expectations of Caesars Entertainment, investors about its performance. Caesars Entertainment, is trading at 19.94 as of the 5th of January 2025, a 2.06% down since the beginning of the trading day. The stock's open price was 20.36. With this module, you can estimate the performance of a buy and hold strategy of Caesars Entertainment, and determine expected loss or profit from investing in Caesars Entertainment, over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
Caesars
Caesars Entertainment, 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Caesars Entertainment,'s stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Caesars Entertainment,.
0.00
11/06/2024
No Change 0.00
0.0
In 2 months and 1 day
01/05/2025
0.00
If you would invest 0.00 in Caesars Entertainment, on November 6, 2024 and sell it all today you would earn a total of 0.00 from holding Caesars Entertainment, or generate 0.0% return on investment in Caesars Entertainment, over 60 days.
Caesars Entertainment, Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Caesars Entertainment,'s stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Caesars Entertainment, upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Caesars Entertainment,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Caesars Entertainment,'s standard deviation. In reality, there are many statistical measures that can use Caesars Entertainment, historical prices to predict the future Caesars Entertainment,'s volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Caesars Entertainment,. Your research has to be compared to or analyzed against Caesars Entertainment,'s peers to derive any actionable benefits. When done correctly, Caesars Entertainment,'s competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Caesars Entertainment,.
Caesars Entertainment, Backtested Returns
Caesars Entertainment, secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of standard deviation over the last 3 months. Caesars Entertainment, exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Caesars Entertainment,'s risk adjusted performance of (0.1), and Mean Deviation of 1.21 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.21, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Caesars Entertainment, are expected to decrease by larger amounts. On the other hand, during market turmoil, Caesars Entertainment, is expected to outperform it. At this point, Caesars Entertainment, has a negative expected return of -0.3%. Please make sure to confirm Caesars Entertainment,'s standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Caesars Entertainment, performance from the past will be repeated at some point in the near future.
Auto-correlation
0.42
Average predictability
Caesars Entertainment, has average predictability. Overlapping area represents the amount of predictability between Caesars Entertainment, time series from 6th of November 2024 to 6th of December 2024 and 6th of December 2024 to 5th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Caesars Entertainment, price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Caesars Entertainment, price fluctuation can be explain by its past prices.
Correlation Coefficient
0.42
Spearman Rank Test
-0.05
Residual Average
0.0
Price Variance
1.53
Caesars Entertainment, lagged returns against current returns
Autocorrelation, which is Caesars Entertainment, stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Caesars Entertainment,'s stock expected returns. We can calculate the autocorrelation of Caesars Entertainment, returns to help us make a trade decision. For example, suppose you find that Caesars Entertainment, has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Caesars Entertainment, regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Caesars Entertainment, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Caesars Entertainment, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Caesars Entertainment, stock over time.
Current vs Lagged Prices
Timeline
Caesars Entertainment, Lagged Returns
When evaluating Caesars Entertainment,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Caesars Entertainment, stock have on its future price. Caesars Entertainment, autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Caesars Entertainment, autocorrelation shows the relationship between Caesars Entertainment, stock current value and its past values and can show if there is a momentum factor associated with investing in Caesars Entertainment,.
Regressed Prices
Timeline
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