Melco Resorts Entertainment Stock Alpha and Beta Analysis
| MLCO Stock | USD 6.42 0.22 3.55% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Melco Resorts Entertainment. It also helps investors analyze the systematic and unsystematic risks associated with investing in Melco Resorts over a specified time horizon. Remember, high Melco 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 Melco Resorts' market risk premium analysis include:
Beta 0.84 | Alpha 0.29 | Risk 3.48 | Sharpe Ratio 0.13 | Expected Return 0.44 |
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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.
Melco |
Melco Resorts Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Melco Resorts market risk premium is the additional return an investor will receive from holding Melco 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 Melco 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 Melco Resorts' performance over market.| α | 0.29 | β | 0.84 |
Melco 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 Melco Resorts' Buy-and-hold return. Our buy-and-hold chart shows how Melco Resorts performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Melco Resorts Market Price Analysis
Market price analysis indicators help investors to evaluate how Melco 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 Melco Resorts shares will generate the highest return on investment. By understating and applying Melco Resorts stock market price indicators, traders can identify Melco Resorts position entry and exit signals to maximize returns.
Melco Resorts Return and Market Media
The median price of Melco Resorts for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 6.57 with a coefficient of variation of 13.97. The daily time series for the period is distributed with a sample standard deviation of 0.92, arithmetic mean of 6.55, and mean deviation of 0.76. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Casino Stocks Were the Big Winners This Week | 09/27/2024 |
2 | Melco Resorts Schedules Q3 Financial Results Announcement - TipRanks | 10/30/2024 |
3 | Macau casino revenue jumps to a post-pandemic high in October | 11/01/2024 |
4 | Melco Resorts Entertainment Non-GAAP EPADS of 0.08 beats by 0.07, revenue of 1.18B beats by 20M | 11/05/2024 |
5 | Melco Resorts and Entertainment Ltd Q3 2024 Earnings Call Highlights Strong EBITDA ... | 11/06/2024 |
6 | Melco Resorts Entertainment Limited Q3 2024 Earnings Call Transcript | 11/07/2024 |
7 | Melco Resorts Stock Drops Amid Market Volatility | 11/11/2024 |
8 | MSC Stock Surges Over 5 percent Amid Casino Sector Gains | 11/21/2024 |
9 | Las Vegas Sands and Macau Casino Stocks Rise on China Visa Easing | 11/29/2024 |
About Melco 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 Melco or other stocks. Alpha measures the amount that position in Melco Resorts Entert 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.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 3.7E-5 | 8.1E-5 | 7.7E-5 | Price To Sales Ratio | 2.42 | 1.03 | 0.98 |
Melco Resorts Upcoming Company Events
As portrayed in its financial statements, the presentation of Melco Resorts' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Melco Resorts' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Melco Resorts' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Melco Resorts. Please utilize our Beneish M Score to check the likelihood of Melco Resorts' management manipulating its earnings.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Melco Resorts Backtesting, Melco Resorts Valuation, Melco Resorts Correlation, Melco Resorts Hype Analysis, Melco Resorts Volatility, Melco Resorts History and analyze Melco 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.
Melco 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.