Penn Entertainment Stock Market Value

PENN
 Stock
  

USD 34.98  0.69  1.93%   

Penn Entertainment's market value is the price at which a share of Penn Entertainment stock trades on a public exchange. It measures the collective expectations of Penn Entertainment investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Penn Entertainment and determine expected loss or profit from investing in Penn Entertainment over a given investment horizon. Please check Penn Entertainment Correlation, Penn Entertainment Volatility and Penn Entertainment Alpha and Beta module to complement your research on Penn Entertainment.
Symbol


Is Penn Entertainment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Penn Entertainment. If investors know Penn Entertainment will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Penn Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.38
Market Capitalization
5.5 B
Quarterly Revenue Growth YOY
0.075
Return On Assets
0.0428
Return On Equity
0.0735
The market value of Penn Entertainment is measured differently than its book value, which is the value of Penn Entertainment that is recorded on the company's balance sheet. Investors also form their own opinion of Penn Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Penn Entertainment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Penn Entertainment's market value can be influenced by many factors that don't directly affect Penn Entertainment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Penn Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine Penn Entertainment value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penn Entertainment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Penn Entertainment 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Penn Entertainment's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Penn Entertainment.
0.00
10/27/2022
No Change 0.00  0.0 
In 31 days
11/26/2022
0.00
If you would invest  0.00  in Penn Entertainment on October 27, 2022 and sell it all today you would earn a total of 0.00 from holding Penn Entertainment or generate 0.0% return on investment in Penn Entertainment over 30 days. Penn Entertainment is related to or competes with Activision Blizzard, Dish Network, Fox Corp, Gamestop Corp, Cinemark Holdings, Electronic Arts, and Hasbro. PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino ... More

Penn Entertainment Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Penn Entertainment's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Penn Entertainment upside and downside potential and time the market with a certain degree of confidence.

Penn Entertainment Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Penn Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Penn Entertainment's standard deviation. In reality, there are many statistical measures that can use Penn Entertainment historical prices to predict the future Penn Entertainment's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Penn Entertainment's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Penn Entertainment in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
31.7635.0338.30
Details
Intrinsic
Valuation
LowReal ValueHigh
31.4845.4448.71
Details
Naive
Forecast
LowNext ValueHigh
31.6734.9438.22
Details
13 Analysts
Consensus
LowTarget PriceHigh
38.0083.69150.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Penn Entertainment. Your research has to be compared to or analyzed against Penn Entertainment's peers to derive any actionable benefits. When done correctly, Penn Entertainment's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Penn Entertainment.

Penn Entertainment Backtested Returns

We consider Penn Entertainment very steady. Penn Entertainment maintains Sharpe Ratio (i.e., Efficiency) of 0.0567, which implies the firm had 0.0567% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Penn Entertainment, which you can use to evaluate the future volatility of the company. Please check Penn Entertainment Risk Adjusted Performance of 0.0539, coefficient of variation of 2933.46, and Semi Deviation of 3.36 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
Penn Entertainment has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of 1.6464, which implies a somewhat significant risk relative to the market. Let's try to break down what Penn Entertainment's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Penn Entertainment will likely underperform. Although it is important to respect Penn Entertainment current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Penn Entertainment technical indicators, you can presently evaluate if the expected return of 0.19% will be sustainable into the future. Penn Entertainment right now holds a risk of 3.27%. Please check Penn Entertainment maximum drawdown, as well as the relationship between the expected short fall and rate of daily change to decide if Penn Entertainment will be following its historical price patterns.

Auto-correlation

    
  -0.04  

Very weak reverse predictability

Penn Entertainment has very weak reverse predictability. Overlapping area represents the amount of predictability between Penn Entertainment time series from 27th of October 2022 to 11th of November 2022 and 11th of November 2022 to 26th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Penn Entertainment price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Penn Entertainment price fluctuation can be explain by its past prices.
Correlation Coefficient-0.04
Spearman Rank Test-0.13
Residual Average0.0
Price Variance0.85

Penn Entertainment lagged returns against current returns

Autocorrelation, which is Penn Entertainment stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Penn Entertainment's stock expected returns. We can calculate the autocorrelation of Penn Entertainment returns to help us make a trade decision. For example, suppose you find that Penn Entertainment stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Penn Entertainment regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Penn Entertainment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Penn Entertainment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Penn Entertainment stock over time.
   Current vs Lagged Prices   
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       Timeline  

Penn Entertainment Lagged Returns

When evaluating Penn Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Penn Entertainment stock have on its future price. Penn Entertainment autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Penn Entertainment autocorrelation shows the relationship between Penn Entertainment stock current value and its past values and can show if there is a momentum factor associated with investing in Penn Entertainment.
   Regressed Prices   
Share
       Timeline  

Penn Entertainment Investors Sentiment

The influence of Penn Entertainment's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Penn Entertainment. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Penn Entertainment's public news can be used to forecast risks associated with investment in Penn Entertainment. The trend in average sentiment can be used to explain how an investor holding Penn Entertainment can time the market purely based on public headlines and social activities around Penn Entertainment. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Penn Entertainment's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Penn Entertainment's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Penn Entertainment's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Penn Entertainment.

Penn Entertainment Implied Volatility

    
  48.62  
Penn Entertainment's implied volatility exposes the market's sentiment of Penn Entertainment stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Penn Entertainment's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Penn Entertainment stock will not fluctuate a lot when Penn Entertainment's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Penn Entertainment in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Penn Entertainment's short interest history, or implied volatility extrapolated from Penn Entertainment options trading.

Currently Active Assets on Macroaxis

Please check Penn Entertainment Correlation, Penn Entertainment Volatility and Penn Entertainment Alpha and Beta module to complement your research on Penn Entertainment. You can also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for analysis

When running Penn Entertainment price analysis, check to measure Penn 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 Penn Entertainment is operating at the current time. Most of Penn Entertainment's value examination focuses on studying past and present price action to predict the probability of Penn Entertainment's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Penn Entertainment's price. Additionally, you may evaluate how the addition of Penn Entertainment to your portfolios can decrease your overall portfolio volatility.
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Penn 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.
A focus of Penn Entertainment technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Penn Entertainment trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...