Caesars Entertainment Stock Forecast - Price Action Indicator
| CZR Stock | USD 35.14 1.24 3.41% |
Caesars Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Caesars Entertainment stock prices and determine the direction of Caesars Entertainment's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Caesars Entertainment's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Caesars Entertainment's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Caesars Entertainment's systematic risk associated with finding meaningful patterns of Caesars Entertainment fundamentals over time.
Check out Historical Fundamental Analysis of Caesars Entertainment to cross-verify your projections. Caesars |
Open Interest Against 2024-05-03 Caesars Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Caesars Entertainment's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Caesars Entertainment's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Caesars Entertainment stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Caesars Entertainment's open interest, investors have to compare it to Caesars Entertainment's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Caesars Entertainment is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Caesars. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Caesars Entertainment cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Caesars Entertainment's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Caesars Entertainment's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| 0.61 | (1.82) |
| Check Caesars Entertainment Volatility | Backtest Caesars Entertainment | Information Ratio |
Caesars Entertainment Trading Date Momentum
| On May 02 2024 Caesars Entertainment was traded for 35.14 at the closing time. Highest Caesars Entertainment's price during the trading hours was 37.58 and the lowest price during the day was 35.09 . The net volume was 5.5 M. The overall trading history on the 2nd of May did not affect price variability. The overall trading delta to current price is 6.43% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Caesars Entertainment to competition |
Other Forecasting Options for Caesars Entertainment
For every potential investor in Caesars, whether a beginner or expert, Caesars Entertainment's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Caesars Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Caesars. Basic forecasting techniques help filter out the noise by identifying Caesars Entertainment's price trends.Caesars Entertainment Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Caesars Entertainment stock to make a market-neutral strategy. Peer analysis of Caesars Entertainment could also be used in its relative valuation, which is a method of valuing Caesars Entertainment by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Caesars Entertainment Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Caesars Entertainment's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Caesars Entertainment's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Caesars Entertainment Market Strength Events
Market strength indicators help investors to evaluate how Caesars Entertainment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Caesars Entertainment shares will generate the highest return on investment. By undertsting and applying Caesars Entertainment stock market strength indicators, traders can identify Caesars Entertainment entry and exit signals to maximize returns.
| Accumulation Distribution | 365611.0 | |||
| Daily Balance Of Power | (0.50) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 36.34 | |||
| Day Typical Price | 35.94 | |||
| Price Action Indicator | (1.82) | |||
| Period Momentum Indicator | (1.24) |
Caesars Entertainment Risk Indicators
The analysis of Caesars Entertainment's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Caesars Entertainment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting caesars stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.83 | |||
| Standard Deviation | 2.24 | |||
| Variance | 5.01 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Caesars Entertainment
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Caesars Entertainment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Caesars Entertainment will appreciate offsetting losses from the drop in the long position's value.Moving together with Caesars Stock
| 0.77 | BYD | Boyd Gaming Earnings Call This Week | PairCorr |
Moving against Caesars Stock
| 0.67 | CMG | Chipotle Mexican Grill | PairCorr |
| 0.6 | BH | Biglari Holdings Earnings Call Today | PairCorr |
| 0.6 | WING | Wingstop | PairCorr |
| 0.55 | WEN | The Wendys Financial Report 8th of May 2024 | PairCorr |
| 0.53 | DPZ | Dominos Pizza | PairCorr |
The ability to find closely correlated positions to Caesars Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caesars Entertainment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Caesars Entertainment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Caesars Entertainment to buy it.
The correlation of Caesars Entertainment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Caesars Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caesars Entertainment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Caesars Entertainment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Caesars Entertainment to cross-verify your projections. To learn how to invest in Caesars Stock, please use our How to Invest in Caesars Entertainment guide.Note that the Caesars Entertainment information on this page should be used as a complementary analysis to other Caesars Entertainment's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Caesars Stock analysis
When running Caesars Entertainment's price analysis, check to measure Caesars Entertainment's 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 Caesars Entertainment is operating at the current time. Most of Caesars Entertainment's value examination focuses on studying past and present price action to predict the probability of Caesars Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caesars Entertainment's price. Additionally, you may evaluate how the addition of Caesars Entertainment to your portfolios can decrease your overall portfolio volatility.
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Is Caesars Entertainment's industry 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 Caesars Entertainment. If investors know Caesars 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 Caesars Entertainment 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 0.417 | Earnings Share 3.54 | Revenue Per Share 53.148 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0457 |
The market value of Caesars Entertainment is measured differently than its book value, which is the value of Caesars that is recorded on the company's balance sheet. Investors also form their own opinion of Caesars Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Caesars Entertainment's 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 Caesars Entertainment's market value can be influenced by many factors that don't directly affect Caesars Entertainment's 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 Caesars Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caesars Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caesars Entertainment's 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.