Boyd Gaming Stock Market Value
| BYD Stock | USD 71.53 0.04 0.06% |
| Symbol | Boyd |
Boyd Gaming Price To Book Ratio
Is Hotels, Restaurants & Leisure space 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 Boyd Gaming. If investors know Boyd 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 Boyd Gaming 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 (0.07) | Dividend Share 0.69 | Earnings Share 6.1 | Revenue Per Share | Quarterly Revenue Growth 0.032 |
The market value of Boyd Gaming is measured differently than its book value, which is the value of Boyd that is recorded on the company's balance sheet. Investors also form their own opinion of Boyd Gaming's value that differs from its market value or its book value, called intrinsic value, which is Boyd Gaming'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 Boyd Gaming's market value can be influenced by many factors that don't directly affect Boyd Gaming'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 Boyd Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boyd Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boyd Gaming'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.
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.
| 04/09/2025 |
| 05/09/2025 |
If you would invest 0.00 in Boyd Gaming on April 9, 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 30 days. Boyd Gaming is related to or competes with MGM Resorts, Las Vegas, Wynn Resorts, Penn National, Melco Resorts, Caesars Entertainment, and Monarch Casino. 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.
| Information Ratio | 0.0111 | |||
| Maximum Drawdown | 15.91 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 3.22 |
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 | (0.05) | |||
| Jensen Alpha | 0.044 | |||
| Total Risk Alpha | 0.0761 | |||
| Treynor Ratio | (0.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Boyd Gaming'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.
Boyd Gaming Backtested Returns
Boyd Gaming secures Sharpe Ratio (or Efficiency) of -0.0404, which signifies that the company had a -0.0404 % return per unit of risk over the last 3 months. Boyd Gaming exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Boyd Gaming's Standard Deviation of 2.41, risk adjusted performance of (0.05), and Mean Deviation of 1.61 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.16, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Boyd Gaming will likely underperform. At this point, Boyd Gaming has a negative expected return of -0.0989%. Please make sure to confirm Boyd Gaming's treynor ratio, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Boyd Gaming performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.34 |
Poor reverse predictability
Boyd Gaming has poor reverse predictability. Overlapping area represents the amount of predictability between Boyd Gaming time series from 9th of April 2025 to 24th of April 2025 and 24th of April 2025 to 9th of May 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 -0.34 indicates that nearly 34.0% of current Boyd Gaming price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 1.95 |
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 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.