Red Rock Resorts Stock Price on August 27, 2024
| RRR Stock | USD 50.84 0.63 1.25% |
Below is the normalized historical share price chart for Red Rock Resorts extending back to April 27, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Red Rock stands at 50.84, as last reported on the 16th of November 2024, with the highest price reaching 51.24 and the lowest price hitting 50.02 during the day.
If you're considering investing in Red Stock, it is important to understand the factors that can impact its price. Red Rock Resorts maintains Sharpe Ratio (i.e., Efficiency) of -0.0654, which implies the firm had a -0.0654% return per unit of risk over the last 3 months. Red Rock Resorts exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Red Rock's Coefficient Of Variation of (1,731), variance of 3.83, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
As of 11/16/2024, Total Stockholder Equity is likely to grow to about 305.7 M, while Common Stock Shares Outstanding is likely to drop slightly above 81.3 M. . As of 11/16/2024, Price Earnings Ratio is likely to grow to 18.41, while Price To Sales Ratio is likely to drop 0.90. Red Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of April 2016 | 200 Day MA 55.0653 | 50 Day MA 53.3784 | Beta 2.055 |
Red |
Sharpe Ratio = -0.0654
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Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Red Rock is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Red Rock by adding Red Rock to a well-diversified portfolio.
Price Book 17.0571 | Enterprise Value Ebitda 8.4288 | Price Sales 2.7023 | Shares Float 49.2 M | Dividend Share 1 |
Red Rock Valuation on August 27, 2024
It is possible to determine the worth of Red Rock on a given historical date. On August 27, 2024 Red was worth 55.56 at the beginning of the trading date compared to the closed value of 55.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Red Rock stock. Still, in general, we apply an absolute valuation method to find Red Rock's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Red Rock where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Red Rock's related companies.
| Open | High | Low | Close | Volume | |
| 56.57 | 56.70 | 55.57 | 55.74 | 201,761 | |
08/27/2024 | 55.56 | 56.31 | 54.99 | 55.88 | 204,991 |
| 55.89 | 57.35 | 55.45 | 56.69 | 445,291 |
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Red Rock Trading Date Momentum on August 27, 2024
| On August 28 2024 Red Rock Resorts was traded for 56.69 at the closing time. Highest Red Rock's price during the trading hours was 57.35 and the lowest price during the day was 55.45 . The net volume was 445.3 K. The overall trading history on the 28th of August contributed to the next trading period price gain. The trading delta at closing time to the next next day price was 1.45% . The trading delta at closing time to current price is 2.43% . |
Red Rock Resorts Fundamentals Correlations and Trends
By evaluating Red Rock's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Red Rock's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Red financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Red Rock Stock history
Red Rock investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Red is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Red Rock Resorts will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Red Rock stock prices may prove useful in developing a viable investing in Red Rock
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 103.2 M | 81.3 M | |
| Net Income Applicable To Common Shares | 236.3 M | 248.1 M |
Red Rock Stock Technical Analysis
Red Rock 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.
Price Boundaries
Red Rock Period Price Range
Low | November 16, 2024
| High |
0.00 | 0.00 |
Red Rock Resorts cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Red Rock November 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Red Rock stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Red Rock shares will generate the highest return on investment. By undertsting and applying Red Rock stock market strength indicators, traders can identify Red Rock Resorts entry and exit signals to maximize returns
Red Rock Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Red Rock's price direction in advance. Along with the technical and fundamental analysis of Red Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Red to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.08) |
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Additional Tools for Red Stock Analysis
When running Red Rock's price analysis, check to measure Red Rock'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 Red Rock is operating at the current time. Most of Red Rock's value examination focuses on studying past and present price action to predict the probability of Red Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Rock's price. Additionally, you may evaluate how the addition of Red Rock to your portfolios can decrease your overall portfolio volatility.