Caesars Entertainment Stock Technical Analysis
| CZR Stock | USD 40.84 0.27 0.66% |
As of the 10th of November, Caesars Entertainment shows the risk adjusted performance of 0.0739, and Mean Deviation of 1.8. Caesars Entertainment technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Caesars Entertainment market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Caesars Entertainment is priced correctly, providing market reflects its regular price of 40.84 per share. Given that Caesars Entertainment has jensen alpha of (0.03), we suggest you to validate Caesars Entertainment's prevailing market performance to make sure the company can sustain itself at a future point.
Caesars Entertainment Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Caesars, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CaesarsCaesars |
Caesars Entertainment Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 70.71 | Strong Buy | 17 | Odds |
Most Caesars analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Caesars stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Caesars Entertainment, talking to its executives and customers, or listening to Caesars conference calls.
Caesars Entertainment 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.
Caesars Entertainment Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Caesars Entertainment volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Caesars Entertainment Trend Analysis
Use this graph to draw trend lines for Caesars Entertainment. You can use it to identify possible trend reversals for Caesars Entertainment as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Caesars Entertainment price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Caesars Entertainment Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Caesars Entertainment applied against its price change over selected period. The best fit line has a slop of 0.12 , which may imply that Caesars Entertainment will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 560.51, which is the sum of squared deviations for the predicted Caesars Entertainment price change compared to its average price change.About Caesars Entertainment Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Caesars Entertainment on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Caesars Entertainment based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Caesars Entertainment price pattern first instead of the macroeconomic environment surrounding Caesars Entertainment. By analyzing Caesars Entertainment's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Caesars Entertainment's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Caesars Entertainment specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.001409 | 0.001339 | Price To Sales Ratio | 0.87 | 0.7 |
Caesars Entertainment November 10, 2024 Technical Indicators
Most technical analysis of Caesars help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Caesars from various momentum indicators to cycle indicators. When you analyze Caesars charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0739 | |||
| Market Risk Adjusted Performance | 0.1488 | |||
| Mean Deviation | 1.8 | |||
| Semi Deviation | 2.08 | |||
| Downside Deviation | 2.37 | |||
| Coefficient Of Variation | 1133.31 | |||
| Standard Deviation | 2.47 | |||
| Variance | 6.1 | |||
| Information Ratio | 0.0202 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.021 | |||
| Treynor Ratio | 0.1388 | |||
| Maximum Drawdown | 15.27 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 4.88 | |||
| Downside Variance | 5.62 | |||
| Semi Variance | 4.31 | |||
| Expected Short fall | (1.90) | |||
| Skewness | 0.0745 | |||
| Kurtosis | 2.0 |
Additional 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.