MGM Resorts Financials
| MGG Stock | EUR 35.50 0.21 0.60% |
MGM |
MGM Resorts Stock Summary
MGM Resorts competes with BORR DRILLING, InterContinental, GEELY AUTOMOBILE, Geely Automobile, and Treasury Wine. 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.| Foreign Associate | USA |
| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | US5529531015 |
| Business Address | 3600 Las Vegas |
| Sector | Consumer Cyclical |
| Industry | Resorts & Casinos |
| Benchmark | Dow Jones Industrial |
| Website | www.mgmresorts.com |
| Phone | 702 693 7120 |
| Currency | EUR - Euro |
You should never invest in MGM Resorts without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of MGM Stock, because this is throwing your money away. Analyzing the key information contained in MGM Resorts' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
MGM Resorts Key Financial Ratios
There are many critical financial ratios that MGM Resorts' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that MGM Resorts International reports annually and quarterly.| Return On Equity | 0.0251 | |||
| Return On Asset | -0.0248 | |||
| Target Price | 48.54 | |||
| Beta | 2.07 | |||
| Z Score | 1.2 |
MGM Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MGM Resorts's current stock value. Our valuation model uses many indicators to compare MGM Resorts value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MGM Resorts competition to find correlations between indicators driving MGM Resorts's intrinsic value. More Info.MGM Resorts International is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MGM Resorts' earnings, one of the primary drivers of an investment's value.MGM Resorts International Systematic Risk
MGM Resorts' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MGM Resorts volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on MGM Resorts International correlated with the market. If Beta is less than 0 MGM Resorts generally moves in the opposite direction as compared to the market. If MGM Resorts Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MGM Resorts International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MGM Resorts is generally in the same direction as the market. If Beta > 1 MGM Resorts moves generally in the same direction as, but more than the movement of the benchmark.
MGM Resorts December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of MGM Resorts help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MGM Resorts International. We use our internally-developed statistical techniques to arrive at the intrinsic value of MGM Resorts International based on widely used predictive technical indicators. In general, we focus on analyzing MGM Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MGM Resorts's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.99 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 10.81 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 2.95 |
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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