Boyd Gaming (Germany) Market Value
| BO5 Stock | EUR 70.50 0.50 0.71% |
| Symbol | Boyd |
Boyd Gaming '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 Boyd Gaming'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 Boyd Gaming.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Boyd Gaming on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Boyd Gaming or generate 0.0% return on investment in Boyd Gaming over 90 days. Boyd Gaming is related to or competes with Fevertree Drinks, MOLSON COORS, National Beverage, SENECA FOODS-A, Collins Foods, United Breweries, and Molson Coors. Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company More
Boyd Gaming 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 Boyd Gaming'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 Boyd Gaming upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.03 | |||
| Information Ratio | 0.1199 | |||
| Maximum Drawdown | 12.35 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 3.31 |
Boyd Gaming Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Boyd Gaming's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Boyd Gaming's standard deviation. In reality, there are many statistical measures that can use Boyd Gaming historical prices to predict the future Boyd Gaming's volatility.| Risk Adjusted Performance | 0.1902 | |||
| Jensen Alpha | 0.3738 | |||
| Total Risk Alpha | 0.0948 | |||
| Sortino Ratio | 0.1057 | |||
| Treynor Ratio | (1.60) |
Boyd Gaming Backtested Returns
Boyd Gaming appears to be very steady, given 3 months investment horizon. Boyd Gaming secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Boyd Gaming, which you can use to evaluate the volatility of the firm. Please makes use of Boyd Gaming's Mean Deviation of 1.29, downside deviation of 2.03, and Risk Adjusted Performance of 0.1902 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Boyd Gaming holds a performance score of 18. The firm shows a Beta (market volatility) of -0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Boyd Gaming are expected to decrease at a much lower rate. During the bear market, Boyd Gaming is likely to outperform the market. Please check Boyd Gaming's value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Boyd Gaming's price patterns will revert.
Auto-correlation | 0.69 |
Good predictability
Boyd Gaming has good predictability. Overlapping area represents the amount of predictability between Boyd Gaming time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Boyd Gaming price movement. The serial correlation of 0.69 indicates that around 69.0% of current Boyd Gaming price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 6.19 |
Boyd Gaming lagged returns against current returns
Autocorrelation, which is Boyd Gaming 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 Boyd Gaming's stock expected returns. We can calculate the autocorrelation of Boyd Gaming returns to help us make a trade decision. For example, suppose you find that Boyd Gaming 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Boyd Gaming 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 Boyd Gaming stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Boyd Gaming stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Boyd Gaming stock over time.
Current vs Lagged Prices |
| Timeline |
Boyd Gaming Lagged Returns
When evaluating Boyd Gaming's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Boyd Gaming stock have on its future price. Boyd Gaming 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, Boyd Gaming autocorrelation shows the relationship between Boyd Gaming stock current value and its past values and can show if there is a momentum factor associated with investing in Boyd Gaming.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Boyd Stock
When determining whether Boyd Gaming is a strong investment it is important to analyze Boyd Gaming'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 Boyd Gaming's future performance. For an informed investment choice regarding Boyd Stock, refer to the following important reports:Check out Boyd Gaming Correlation, Boyd Gaming Volatility and Boyd Gaming Alpha and Beta module to complement your research on Boyd Gaming. For more detail on how to invest in Boyd Stock please use our How to Invest in Boyd Gaming guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Boyd Gaming 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.