Wynn Resorts Correlations
| WYNN Stock | USD 72.88 8.66 10.62% |
The current 90-days correlation between Wynn Resorts Limited and MGM Resorts International is 0.43 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wynn Resorts moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wynn Resorts Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Wynn Resorts Correlation With Market
Very weak diversification
The correlation between Wynn Resorts Limited and DJI is 0.54 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Wynn Resorts Limited and DJI in the same portfolio, assuming nothing else is changed.
Wynn |
Moving together with Wynn Stock
Moving against Wynn Stock
Related Correlations Analysis
| 0.88 | 0.64 | 0.82 | 0.32 | 0.88 | MGM | ||
| 0.88 | 0.52 | 0.94 | 0.35 | 0.84 | CZR | ||
| 0.64 | 0.52 | 0.43 | 0.41 | 0.56 | MLCO | ||
| 0.82 | 0.94 | 0.43 | 0.25 | 0.87 | PENN | ||
| 0.32 | 0.35 | 0.41 | 0.25 | 0.1 | LVS | ||
| 0.88 | 0.84 | 0.56 | 0.87 | 0.1 | RRR | ||
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Risk-Adjusted Indicators
There is a big difference between Wynn Stock performing well and Wynn Resorts Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Wynn Resorts' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MGM | 1.92 | (0.12) | 0.00 | (0.16) | 0.00 | 2.71 | 23.46 | |||
| CZR | 2.13 | (0.28) | 0.00 | (0.24) | 0.00 | 5.41 | 15.59 | |||
| MLCO | 2.13 | (0.05) | 0.00 | (0.17) | 0.00 | 4.55 | 13.37 | |||
| PENN | 2.55 | (0.10) | 0.00 | (0.16) | 0.00 | 5.30 | 15.28 | |||
| LVS | 1.79 | (0.42) | 0.00 | (0.58) | 0.00 | 2.22 | 16.38 | |||
| RRR | 1.59 | (0.07) | 0.00 | (0.13) | 0.00 | 2.97 | 9.16 |
Wynn Resorts Corporate Management
| Julie CameronDoe | Chief Officer | Profile | |
| Robert Amerine | Vice Finance | Profile | |
| Rose Huddleston | VP America | Profile | |
| DeRuyter Butler | LLC Development | Profile | |
| Dean Lawrence | LLC Vegas | Profile |