Las Vegas Sands Stock Market Value
| LVS Stock | USD 51.42 0.50 0.98% |
| Symbol | Las |
Las Vegas Sands Price To Book Ratio
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 Las Vegas. If investors know Las 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 Las Vegas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.24) | Dividend Share 0.8 | Earnings Share 2.02 | Revenue Per Share 15.191 | Quarterly Revenue Growth (0.04) |
The market value of Las Vegas Sands is measured differently than its book value, which is the value of Las that is recorded on the company's balance sheet. Investors also form their own opinion of Las Vegas' value that differs from its market value or its book value, called intrinsic value, which is Las Vegas' 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 Las Vegas' market value can be influenced by many factors that don't directly affect Las Vegas' 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 Las Vegas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Las Vegas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Las Vegas' 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.
Las Vegas '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 Las Vegas' 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 Las Vegas.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in Las Vegas on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding Las Vegas Sands or generate 0.0% return on investment in Las Vegas over 90 days. Las Vegas is related to or competes with MGM Resorts, Caesars Entertainment, Penn National, Melco Resorts, Wynn Resorts, and Red Rock. Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the U... More
Las Vegas 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 Las Vegas' 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 Las Vegas Sands upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.142 | |||
| Maximum Drawdown | 10.76 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 3.22 |
Las Vegas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Las Vegas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Las Vegas' standard deviation. In reality, there are many statistical measures that can use Las Vegas historical prices to predict the future Las Vegas' volatility.| Risk Adjusted Performance | 0.1631 | |||
| Jensen Alpha | 0.3209 | |||
| Total Risk Alpha | 0.0983 | |||
| Sortino Ratio | 0.1796 | |||
| Treynor Ratio | 0.59 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Las Vegas' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Las Vegas Sands Backtested Returns
Las Vegas appears to be very steady, given 3 months investment horizon. Las Vegas Sands has Sharpe Ratio of 0.24, which conveys that the firm had a 0.24% return per unit of risk over the last 3 months. We have found thirty technical indicators for Las Vegas, which you can use to evaluate the volatility of the firm. Please exercise Las Vegas' Mean Deviation of 1.46, downside deviation of 1.58, and Risk Adjusted Performance of 0.1631 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Las Vegas holds a performance score of 18. The company secures a Beta (Market Risk) of 0.68, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Las Vegas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Las Vegas is expected to be smaller as well. Please check Las Vegas' downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Las Vegas' current price movements will revert.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Las Vegas Sands has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Las Vegas time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Las Vegas Sands price movement. The serial correlation of -0.71 indicates that around 71.0% of current Las Vegas price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 1.61 |
Las Vegas Sands lagged returns against current returns
Autocorrelation, which is Las Vegas 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 Las Vegas' stock expected returns. We can calculate the autocorrelation of Las Vegas returns to help us make a trade decision. For example, suppose you find that Las Vegas 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 |
Las Vegas 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 Las Vegas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Las Vegas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Las Vegas stock over time.
Current vs Lagged Prices |
| Timeline |
Las Vegas Lagged Returns
When evaluating Las Vegas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Las Vegas stock have on its future price. Las Vegas 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, Las Vegas autocorrelation shows the relationship between Las Vegas stock current value and its past values and can show if there is a momentum factor associated with investing in Las Vegas Sands.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Las Stock Analysis
When running Las Vegas' price analysis, check to measure Las Vegas' 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 Las Vegas is operating at the current time. Most of Las Vegas' value examination focuses on studying past and present price action to predict the probability of Las Vegas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Las Vegas' price. Additionally, you may evaluate how the addition of Las Vegas to your portfolios can decrease your overall portfolio volatility.