Red Competitors

RRR Stock  USD 54.37  0.85  1.59%   
Red Rock Resorts competes with Morningstar Unconstrained, Thrivent High, High-yield Municipal, Via Renewables, and T Rowe; as well as few others. The company runs under Hotels, Restaurants & Leisure sector within Consumer Discretionary industry. Analyzing Red Rock competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Red Rock to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Red Rock Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Red Rock competition on your existing holdings.
  
As of 05/03/2024, Return On Equity is likely to grow to 1.19, while Return On Tangible Assets are likely to drop 0.03. At this time, Red Rock's Non Currrent Assets Other are relatively stable compared to the past year. As of 05/03/2024, Total Current Assets is likely to grow to about 294.9 M, while Non Current Assets Total are likely to drop slightly above 3.6 B.
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Red Rock'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.
Hype
Prediction
LowEstimatedHigh
51.4253.5255.62
Details
Intrinsic
Valuation
LowRealHigh
44.6546.7558.87
Details
Naive
Forecast
LowNextHigh
49.9052.0054.10
Details
15 Analysts
Consensus
LowTargetHigh
46.7451.3657.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Red Rock. Your research has to be compared to or analyzed against Red Rock's peers to derive any actionable benefits. When done correctly, Red Rock's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Red Rock Resorts.

Red Rock Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Red Rock and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Red and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Red Rock Resorts does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
RRTLXMSTSX
ABHYXLBHIX
RRTLXVIASP
VIASPREVBW
RRTLXREVBW
VIASPMSTSX
  
High negative correlations   
SCAXFSHFSW
VIASPSHFSW
SCAXFLBHIX
SCAXFABHYX
SHFSWREVBW
AQUISHFSW

Risk-Adjusted Indicators

There is a big difference between Red Stock performing well and Red Rock Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Red Rock's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare Red Rock Resorts and related stocks such as Revelation Biosciences, SHF Holdings, and Aquagold International Net Income Over Time
Select Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity
201020112012201320142015201620172018201920202021202220232024
REVBW(3.6 K)(3.6 K)(3.6 K)(3.6 K)(3.6 K)(3.6 K)(3.6 K)(3.6 K)(3.6 K)(3.6 K)(136.4 K)(12 M)(10.8 M)(120.3 K)(126.3 K)
SHFSW5.1 M5.1 M5.1 M5.1 M5.1 M5.1 M5.1 M5.1 M5.1 M5.1 M5.1 M3.3 M(35.1 M)(17.3 M)(18.1 M)

Red Rock Resorts and related stocks such as Revelation Biosciences, SHF Holdings, and Aquagold International Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Red Rock Resorts financial statement analysis. It represents the amount of money remaining after all of Red Rock Resorts operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Red Rock Competitive Analysis

The better you understand Red Rock competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Red Rock's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Red Rock's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
RRR REVBW SHFSW AQUI MSTSX LBHIX ABHYX SCAXF VIASP RRTLX
 1.59 
 54.37 
Red
 7.52 
 0.01 
Revelation
 6.37 
 0.05 
SHF
 0.00 
 0.01 
Aquagold
 1.23 
 10.70 
Morningstar
 0.48 
 4.15 
Thrivent
 0.46 
 8.74 
High-yield
 147.93 
 0.03 
Sparta
 0.56 
 19.75 
Via
 0.59 
 11.71 
RRTLX
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Current Ratio
Net Asset
EBITDA
Operating Margin
Five Year Return
One Year Return
Beta
Number Of Employees
Three Year Return
Cash Flow From Operations
Total Debt
Bond Positions Weight
Holdings Turnover
Return On Asset
Current Liabilities
Short Ratio
Debt To Equity
Shares Owned By Institutions
Market Capitalization
Price To Earning
Price To Sales
Net Income
Shares Owned By Insiders
Revenue
Year To Date Return
Working Capital
Profit Margin
Current Valuation
Price To Book
Retained Earnings
Current Asset
Cash Position Weight
Equity Positions Weight
Shares Outstanding
Annual Yield
Return On Equity
Z Score
Number Of Shares Shorted
Book Value Per Share
Minimum Initial Investment
Total Asset
Target Price
Last Dividend Paid
Price To Earnings To Growth
Earnings Per Share
Ten Year Return
Cash And Equivalents
Cash Per Share
Gross Profit
Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
Period Momentum Indicator
Rate Of Daily Change
Day Median Price
Price Action Indicator
Relative Strength Index
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Red Rock Competition Performance Charts

Five steps to successful analysis of Red Rock Competition

Red Rock's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Red Rock Resorts in relation to its competition. Red Rock's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Red Rock in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Red Rock's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Red Rock Resorts, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Red Rock position

In addition to having Red Rock in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Consumer Funds Thematic Idea Now

Consumer Funds
Consumer Funds Theme
Funds or Etfs that invest in consumer products such as packaged goods, clothing, food, beverages and retail services. The Consumer Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Consumer Funds Theme or any other thematic opportunities.
View All  Next Launch
When determining whether Red Rock Resorts is a strong investment it is important to analyze Red Rock's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Red Rock's future performance. For an informed investment choice regarding Red Stock, refer to the following important reports:
Check out Red Rock Correlation with its peers.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary 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.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Is Red Rock'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 Red Rock. If investors know Red 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 Red Rock 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
(0.41)
Dividend Share
1
Earnings Share
2.94
Revenue Per Share
29.79
Quarterly Revenue Growth
0.088
The market value of Red Rock Resorts is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Rock's value that differs from its market value or its book value, called intrinsic value, which is Red Rock'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 Red Rock's market value can be influenced by many factors that don't directly affect Red Rock'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 Red Rock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Rock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Rock'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.