Wynn Resorts Limited Stock Market Value

WYNN Stock  USD 102.23  0.44  0.43%   
Wynn Resorts' market value is the price at which a share of Wynn Resorts trades on a public exchange. It measures the collective expectations of Wynn Resorts Limited investors about its performance. Wynn Resorts is selling at 102.23 as of the 29th of March 2024; that is 0.43 percent up since the beginning of the trading day. The stock's open price was 101.79.
With this module, you can estimate the performance of a buy and hold strategy of Wynn Resorts Limited and determine expected loss or profit from investing in Wynn Resorts over a given investment horizon. Check out Wynn Resorts Correlation, Wynn Resorts Volatility and Wynn Resorts Alpha and Beta module to complement your research on Wynn Resorts.
Symbol

Wynn Resorts Limited Price To Book Ratio

Is Wynn Resorts' 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 Wynn Resorts. If investors know Wynn 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 Wynn Resorts 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
21.116
Dividend Share
0.75
Earnings Share
6.32
Revenue Per Share
58.049
Quarterly Revenue Growth
0.831
The market value of Wynn Resorts Limited is measured differently than its book value, which is the value of Wynn that is recorded on the company's balance sheet. Investors also form their own opinion of Wynn Resorts' value that differs from its market value or its book value, called intrinsic value, which is Wynn 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 Wynn Resorts' market value can be influenced by many factors that don't directly affect Wynn 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 Wynn Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wynn Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wynn 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.

Wynn Resorts '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 Wynn Resorts' 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 Wynn Resorts.
0.00
04/09/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/29/2024
0.00
If you would invest  0.00  in Wynn Resorts on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding Wynn Resorts Limited or generate 0.0% return on investment in Wynn Resorts over 720 days. Wynn Resorts is related to or competes with Pentair PLC, Cedar Fair, Westinghouse Air, Alaska Air, Ituran Location, Radcom, and HF Sinclair. Wynn Resorts, Limited designs, develops, and operates integrated resorts More

Wynn Resorts 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 Wynn Resorts' 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 Wynn Resorts Limited upside and downside potential and time the market with a certain degree of confidence.

Wynn Resorts Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Wynn Resorts' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wynn Resorts' standard deviation. In reality, there are many statistical measures that can use Wynn Resorts historical prices to predict the future Wynn Resorts' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wynn Resorts' 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.
Hype
Prediction
LowEstimatedHigh
101.81103.52105.23
Details
Intrinsic
Valuation
LowRealHigh
98.93100.64102.35
Details
Naive
Forecast
LowNextHigh
102.88104.58106.29
Details
17 Analysts
Consensus
LowTargetHigh
115.94127.41141.43
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wynn Resorts. Your research has to be compared to or analyzed against Wynn Resorts' peers to derive any actionable benefits. When done correctly, Wynn 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 Wynn Resorts Limited.

Wynn Resorts Limited Backtested Returns

We consider Wynn Resorts very steady. Wynn Resorts Limited shows Sharpe Ratio of 0.0873, which attests that the company had a 0.0873% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wynn Resorts Limited, which you can use to evaluate the volatility of the company. Please check out Wynn Resorts' Market Risk Adjusted Performance of 0.2111, downside deviation of 1.46, and Mean Deviation of 1.19 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. Wynn Resorts has a performance score of 6 on a scale of 0 to 100. The firm maintains a market beta of 0.96, which attests to possible diversification benefits within a given portfolio. Wynn Resorts returns are very sensitive to returns on the market. As the market goes up or down, Wynn Resorts is expected to follow. Wynn Resorts Limited right now maintains a risk of 1.65%. Please check out Wynn Resorts Limited potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to decide if Wynn Resorts Limited will be following its historical returns.

Auto-correlation

    
  -0.1  

Very weak reverse predictability

Wynn Resorts Limited has very weak reverse predictability. Overlapping area represents the amount of predictability between Wynn Resorts time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th of March 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 Wynn Resorts Limited price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Wynn Resorts price fluctuation can be explain by its past prices.
Correlation Coefficient-0.1
Spearman Rank Test-0.44
Residual Average0.0
Price Variance61.32

Wynn Resorts Limited lagged returns against current returns

Autocorrelation, which is Wynn Resorts 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 Wynn Resorts' stock expected returns. We can calculate the autocorrelation of Wynn Resorts returns to help us make a trade decision. For example, suppose you find that Wynn Resorts 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  

Wynn Resorts 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 Wynn Resorts stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wynn Resorts stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wynn Resorts stock over time.
   Current vs Lagged Prices   
       Timeline  

Wynn Resorts Lagged Returns

When evaluating Wynn Resorts' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wynn Resorts stock have on its future price. Wynn Resorts 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, Wynn Resorts autocorrelation shows the relationship between Wynn Resorts stock current value and its past values and can show if there is a momentum factor associated with investing in Wynn Resorts Limited.
   Regressed Prices   
       Timeline  

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Wynn Resorts Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wynn Resorts' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wynn Resorts Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wynn Resorts Limited Stock:
Check out Wynn Resorts Correlation, Wynn Resorts Volatility and Wynn Resorts Alpha and Beta module to complement your research on Wynn Resorts.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Wynn Resorts' price analysis, check to measure Wynn 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 Wynn Resorts is operating at the current time. Most of Wynn Resorts' value examination focuses on studying past and present price action to predict the probability of Wynn Resorts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wynn Resorts' price. Additionally, you may evaluate how the addition of Wynn Resorts to your portfolios can decrease your overall portfolio volatility.
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Wynn 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.
A focus of Wynn Resorts technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wynn Resorts trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...