Mgm Resorts International Stock Alpha and Beta Analysis
| MGM Stock | USD 37.37 0.18 0.48% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as MGM Resorts International. It also helps investors analyze the systematic and unsystematic risks associated with investing in MGM Resorts over a specified time horizon. Remember, high MGM 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 MGM Resorts' market risk premium analysis include:
Beta 1.34 | Alpha (0.17) | Risk 2.13 | Sharpe Ratio 0.0327 | Expected Return 0.0695 |
MGM Resorts Quarterly Cash And Equivalents |
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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.
MGM |
MGM Resorts Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. MGM Resorts market risk premium is the additional return an investor will receive from holding MGM 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 MGM 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 MGM Resorts' performance over market.| α | -0.17 | β | 1.34 |
MGM 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 MGM Resorts' Buy-and-hold return. Our buy-and-hold chart shows how MGM Resorts performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.MGM Resorts Market Price Analysis
Market price analysis indicators help investors to evaluate how MGM 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 MGM Resorts shares will generate the highest return on investment. By understating and applying MGM Resorts stock market price indicators, traders can identify MGM Resorts position entry and exit signals to maximize returns.
MGM Resorts Return and Market Media
The median price of MGM Resorts for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 37.59 with a coefficient of variation of 4.7. The daily time series for the period is distributed with a sample standard deviation of 1.79, arithmetic mean of 38.13, and mean deviation of 1.52. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Jonathan Halkyard of 6928 shares of MGM Resorts subject to Rule 16b-3 | 10/04/2024 |
2 | Las Vegas Strip hotel to convert to W Hotel brand | 10/22/2024 |
3 | MGM China Reports 2024 Nine-Month Results | 10/30/2024 |
4 | DraftKings Stock Before Q3 Earnings Should You Buy, Hold or Sell | 11/05/2024 |
5 | UFC CEO White Expects 10-Year Media Rights Deal Next Year | 11/14/2024 |
6 | Planning Capital Management Corp Invests 45,000 in MGM Resorts International | 11/15/2024 |
7 | Ciscos 5.5-Year Pact With MGM Resorts Brings Next-Gen Tech To The Casino Floor And Beyond | 11/18/2024 |
8 | Examining MGM Resorts Strong ROE and Industry Performance | 11/19/2024 |
9 | US charges five in Scattered Spider hacking scheme | 11/20/2024 |
10 | Battery X Metals Commences Strategic Initiatives to Strengthen Balance Sheet | 11/21/2024 |
11 | Las Vegas Rio Hotel Casino joins Destination by Hyatt | 11/22/2024 |
12 | BetMGM Rewards Points Now Combined Into Single, Digital Wallet | 11/25/2024 |
13 | MGM Resorts Internationals SWOT analysis stock outlook amid gaming sector shifts | 11/26/2024 |
About MGM 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 MGM or other stocks. Alpha measures the amount that position in MGM Resorts International 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 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 2.21E-4 | 2.95E-4 | 3.39E-4 | 3.22E-4 | Price To Sales Ratio | 2.23 | 1.05 | 0.98 | 0.93 |
MGM Resorts Upcoming Company Events
As portrayed in its financial statements, the presentation of MGM Resorts' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MGM Resorts' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of MGM Resorts' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of MGM Resorts. Please utilize our Beneish M Score to check the likelihood of MGM Resorts' management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 6th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with MGM Resorts
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Check out MGM Resorts Backtesting, MGM Resorts Valuation, MGM Resorts Correlation, MGM Resorts Hype Analysis, MGM Resorts Volatility, MGM Resorts History and analyze MGM Resorts Performance. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
MGM 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.