Mgm Resorts International Stock Price Prediction

Intrinsic Valuation Low Real High 34.51 47.59 49.72 Details

Naive Forecast Low Next High 37.14 39.28 41.41 Details

23 Analysts Consensus Low Target High 51.67 56.78 63.03 Details

Earnings Estimates (0) Low Projected EPS High 0.57 0.62 0.69 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as MGM Resorts. Your research has to be compared to or analyzed against MGM Resorts' peers to derive any actionable benefits. When done correctly, MGM Resorts' 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 MGM Resorts International.

MGM Resorts After-Hype Price Prediction Density Analysis

MGM Resorts Estimiated After-Hype Price Volatility

MGM Resorts Stock Price Prediction Analysis

Expected Return	Period Volatility	Hype Elasticity	Related Elasticity	News Density	Related Density	Expected Hype
0.11	2.13	0.07	0.03	11 Events / Month	5 Events / Month	In about 11 days

Latest traded price	Expected after-news price	Potential return on next major news	Average after-hype volatility
38.34	38.41	0.18	322.73   Notes

MGM Resorts Hype Timeline

On the 1st of December MGM Resorts International is traded for 38.34. The entity has historical hype elasticity of 0.07, and average elasticity to hype of competition of 0.03. MGM is forecasted to increase in value after the next headline, with the price projected to jump to 38.41 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is projected to be 0.18%, whereas the daily expected return is now at 0.11%. The volatility of related hype on MGM Resorts is about 710.0%, with the expected price after the next announcement by competition of 38.37. The company reported the last year's revenue of 16.16 B. Total Income to common stockholders was 1.31 B with profit before taxes, overhead, and interest of 6.47 B. Considering the 90-day investment horizon the next forecasted press release will be in about 11 days. Check out MGM Resorts Basic Forecasting Models to cross-verify your projections.

MGM Resorts Related Hype Analysis

MGM Resorts Additional Predictive Modules

Most predictive techniques to examine MGM price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for MGM using various technical indicators. When you analyze MGM charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

The successful prediction of MGM Resorts stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as MGM Resorts International, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of MGM Resorts based on analysis of MGM Resorts hews, social hype, general headline patterns, and widely used predictive technical indicators.

The number of cover stories for MGM Resorts depends on current market conditions and MGM Resorts' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that MGM Resorts is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about MGM Resorts' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

MGM Resorts' future price predictability will typically decrease when MGM Resorts' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of MGM Resorts International often depends not only on the future outlook of the potential MGM Resorts' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. MGM Resorts' indicators that are reflective of the short sentiment are summarized in the table below.

Check out MGM Resorts Basic Forecasting Models to cross-verify your projections. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGM Resorts. If investors know MGM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGM Resorts listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of MGM Resorts International is measured differently than its book value, which is the value of MGM that is recorded on the company's balance sheet. Investors also form their own opinion of MGM Resorts' value that differs from its market value or its book value, called intrinsic value, which is MGM Resorts' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGM Resorts' market value can be influenced by many factors that don't directly affect MGM Resorts' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between MGM Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGM Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGM Resorts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.