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By incorporating these AI robots into your trading approach, you can potentially optimize your strategies and make well-informed decisions within the dynamic Casinos/Gaming Group.
Casinos and Gaming group Hits the Jackpot with a 6.71% Gain in One Week
Casinos and gaming—a group synonymous with high stakes and entertainment. Companies like $LVS, $MGM, and $WYNN are not just household names; they're the power players driving this week's remarkable 6.71% gain. As economic conditions fluctuate, so does the willingness of consumers to indulge in leisure activities such as gaming, making this group a fascinating study of market dynamics.
Tickers in this Group :
$WYNN $LVS $FLL $CNTY $MCRI $BYD $PENN $MGM $LNW $BVH $CHDN $IGT $MTN $CZR $VAC $EVRI $GDEN $RRR $HGV $INSE $PLYA $MLCO $AGS $MSC $BALY $ACEL $DKNG $RSI $NGMS $GAMB $GMBLP $CDRO $SGHC
Group Description: The Casinos/Gaming group comprises companies involved in operating casinos, gaming services, horse racing, and harness racing facilities. Well-known companies in this group include Las Vegas Sands Corp (NYSE:LVS), MGM Resorts International (NYSE:MGM), and Wynn Resorts Limited (NASDAQ:WYNN). During periods of robust economic growth, consumers tend to indulge in discretionary and leisure activities like gambling and games. However, when economic conditions slow down, consumption in this group may decrease.
Market Cap: The average market capitalization for companies in the Casinos/Gaming group is approximately $4.7 billion. Market caps for individual tickers in this group range from $0 to $36.9 billion, with LVS holding the highest valuation at $36.9 billion and GMBLP being the lowest valued company at $0.
High and Low Price Notable News:
Volume:
Fundamental Analysis Ratings: Fundamental analysis ratings provide insight into various aspects of a stock's performance:
Ticker Performance Insights
The casinos/gaming Group`s recent performance has been nothing short of a jackpot for investors. With several tickers showing strong signs of sustained upward momentum, this is a space worth watching for those looking to bet on continued growth.
WYNN saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 16, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 54 instances where the indicator turned negative. In of the 54 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
The Momentum Indicator moved below the 0 level on December 16, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on WYNN as a result. In of 80 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
WYNN moved below its 50-day moving average on December 10, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WYNN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
The 50-day moving average for WYNN moved above the 200-day moving average on November 15, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WYNN advanced for three days, in of 287 cases, the price rose further within the following month. The odds of a continued upward trend are .
WYNN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 194 cases where WYNN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. WYNN’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: WYNN's P/B Ratio (103.093) is very high in comparison to the industry average of (12.602). P/E Ratio (16.859) is within average values for comparable stocks, (65.598). Projected Growth (PEG Ratio) (1.301) is also within normal values, averaging (1.549). Dividend Yield (0.009) settles around the average of (0.043) among similar stocks. P/S Ratio (1.841) is also within normal values, averaging (3.509).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. WYNN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a high-end casinos & resorts company
Industry CasinosGaming