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Casino Stocks$106.67
1.52%4:00PM 01/26/2023
The list of companies include PENN-Penn National Gaming, Inc., VICI-VICI Properties Inc, GDEN-Golden Entertainment Inc, BYD-Boyd Gaming Corp., MCRI-Monarch Casino & Resort, Inc., WYNN-Wynn Resorts Ltd., MGM-MGM Resorts International, LVS-Las Vegas Sands Corp, CZR-Caesars Entertainment Inc, CNTY-Century Casinos Inc., CHDN-Churchill Downs, Inc., RRR-Red Rock Resorts Inc, GLU-Gabelli Global Utility & Income Trust., FLL-Full House Resorts, Inc.
Latest intraday update before market close @ 19:45:35 PM 01/27/2023
Summary :
Average return is up 0.3%
Median return is up 0.3%
12 out of 16 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • The momentum of the sector is very strong.
  • Casino stocks up 1.5% on average while median return up 1.1% in a day
  • Casino stocks up 6.6% on average while median return up 5.6% in a week
  • Casino stocks up 16.0% on average while median return up 15.3% in a month
  • When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.

Aggregated price index (close) is based on equal weighted constituencies returns. Average short volume and average total volumes are averaged across all volume data among constituencies.

Related Stocks

Click on + to show price series and click on ticker for stock detail page

Ticker
1 Day Return
1 Week Return
1 Month Return
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
MLCO7.0%
4.3%
21.6%
-7.640.819.605.786.1B40%62\/\/Above resistance1590.7%
LVS6.1%
7.4%
25.5%
23.73-67.7715.1511.9444.6B3%40%78\/\/Above resistance1590.2%
WYNN4.3%
4.0%
27.4%
-18.56-0.361.097.7111.7B6%75%72\/\/Above resistance1590.2%
MGM1.6%
7.2%
21.0%
13.82-0.373.194.6115.7B4%64%70\/\-Above resistance159-0.0%
CNTY1.5%
18.4%
26.7%
17.911.043.381.38267M5%74%72\/\Above resistance159-0.1%
CHDN1.3%
6.4%
17.8%
19.950.0936.006.569.3B4%74%81/-\-Above resistance1590.0%
CZR1.3%
15.4%
21.9%
-9.48-1.254.514.4511.3B8%96%66\/\Above resistance159-0.1%
RRR1.2%
4.8%
11.9%
18.520.0510.113.992.6B8%93%63\/\-At resistance1590.0%
PENN0.9%
7.9%
12.3%
25.020.284.213.095.3B11%88%62/\-1590.0%
BYD0.8%
4.7%
11.1%
11.81.925.342.926.4B4%70%67\/-Above resistance159-0.0%
VICI0.7%
2.4%
4.0%
34.041.611.7612.4632.7B16%123%58\/-/1590.1%
GLU0.4%
1.6%
5.1%
1.0632.37178%80M0%16%60
GDEN0.0%
6.6%
6.1%
14.431.97.271.711.1B2%54%59\/-317-0.1%
MCRI-1.4%
2.7%
0.9%
17.891.73.185.80304%1.5B3%66%48\/-1590.0%
FLL-2.4%
8.2%
16.0%
4.533.302.33313M2%57%65\/-Above resistance159-0.0%

* P/E and MarketCap are refreshed daily using IEX Cloud service. P/B, P/S, PEG, growth, short%, HelbyInstitute are refreshed weekly using Yahoo feeds. For latest stock stats please visit Yahoo Finance.

* Price Patter: / is upward trend, \ is downward trend, - is sideway. Click on the ticker to go to stock page to see Bayesian Trend model plot of the time series.

* Channel and change points are derived from Bayesian Trend model, where the channel slope is the growth rate while change points are those the model partition the time series.

Related ETFs (click on ticker for stock detail page)

  • 1M winners are : Winners for past month are $WYNN 27.4%, $CNTY 26.7%, $LVS 25.5%, $CZR 21.9%, $MLCO 21.6%
  • 1M losers are : Losers for past month are
  • 1W winners are : Winners for past week are $CNTY 18.4%, $CZR 15.4%, $FLL 8.2%, $PENN 7.9%, $LVS 7.4%
  • 1W losers are : Losers for past week are
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 45.5%, for the past 3 months is 47.8%

In the past month for a 5 days rolling window, the highest corrrelation is 79.4%, the lowest correlation is 20.5%, the latest correlation is 30.4%

When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.

Among pairwise correlation, the highest correlation is 89.1% between LVS and WYNN

The lowest correlation is -15.2% between FLL and MLCO

Stock news

    01/26/2023CZR
    Las Vegas Strip Casinos Sued Over Alleged 'Price-Fixing Scheme'

    Caesars, MGM, and Wynn have all been named in a lawsuit that charges that the companies worked to artificially inflate room rates.

    01/26/2023LVS
    Las Vegas Sands Remains Constructive As Recovery Underway, Analyst Says

    Morgan Stanley analyst Stephen W.Grambling reiterated an Overweight rating on the shares of Las Vegas Sands Corp (NYSE: LVS) and a price target of $53. LVS reported Q4 results after the market close yesterday, beating the analyst’s expectations on a hold-adjusted basis. The company also outlined $3.8 billion in concession-related spend over the next 10 years, with $2.7 billion allocated to capital projects and $1.1 billion to operating commitments, the analyst cited. The management commentary on

    01/26/2023LVS
    Las Vegas Sands Stock Rises. Demand Has ‘Blossomed Into Full-On Bonanza’ in Singapore.

    Las Vegas Sands was receiving praise from analysts Thursday after it reported an increase in fourth-quarter revenue and the casino operator spoke positively about the future as travel restrictions in Asia are lifted. Las Vegas Sands (ticker: LVS) posted fourth-quarter net revenue of $1.12 billion, an increase of 11% from the previous year. J.P. Morgan analyst Joseph Greff said Singapore and Macau markets so far in January were reaping the benefits of easing travel restrictions in Mainland C...

    01/26/2023LVS
    Las Vegas Sands (LVS) Q4 Earnings & Revenues Lag Estimates

    Las Vegas Sands' (LVS) fourth-quarter 2022 results reflect a solid recovery in property visitation, gaming volumes, retail sales and hotel occupancy in the Macao region.

    01/26/2023BYD
    Boyd Gaming (BYD) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

    Boyd (BYD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

    01/26/2023MGM
    UPDATE 2-BetMGM expects to become profitable in second half of 2023

    U.S. sports-betting platform BetMGM expects to turn profitable in the second half of 2023 after the MGM Resorts and Entain joint venture's annual revenue beat its own forecasts, aided by strong gaming margins. BetMGM expects the first half to be investment focused as it enters new markets in the United States, Chief Executive Adam Greenblatt told Reuters, adding that activity is expected to ramp up from U.S. sporting events in the second half of 2023. Britain's Entain, which owns Ladbrokes and...

    01/26/2023MGM
    BETMGM BUSINESS UPDATE: FY22 NET REVENUE FROM OPERATIONS OF $1.44 BILLION, AHEAD OF EXPECTATIONS¹

    BetMGM, one of the leading sports betting and iGaming operators in North America, jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), is today providing an update on performance and outlook for 2023.

    01/26/2023LVS
    Las Vegas Sands (LVS) Q4 2022 Earnings Call Transcript

    Joining the call today are Rob Goldstein, our chairman and CEO; Patrick Dumont, our president and COO; Dr. Wilfred Wong, president of Sands China; and Grant Chum, EVP of Asia Operations, Las Vegas Sands and COO of Sands China. Thank you, Dan, and thank you for joining our call today.

    01/25/2023LVS
    UPDATE 1-Las Vegas Sands misses Street estimates, sees recovery

    Las Vegas Sands Corp on Wednesday reported quarterly results that fell short of Wall Street estimates, but the casino operator expects a broad recovery, including at its property in Macau. Macau saw 71,000 visitors on Monday, the highest single day since the pandemic. "They're spending in retail, they're spending in gambling," said Las Vegas Sands Chief Executive Robert Goldstein on an investor call.