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Ballys (Ballys) Momentum Rank : 8 (As of May. 01, 2024)


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What is Ballys Momentum Rank?

Ballys has the Momentum Rank of 8.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Ballys's Momentum Rank

For the Resorts & Casinos subindustry, Ballys's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ballys's Momentum Rank Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ballys's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Ballys's Momentum Rank falls into.



Ballys Momentum Rank Related Terms

Thank you for viewing the detailed overview of Ballys's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Ballys (Ballys) Business Description

Traded in Other Exchanges
Address
100 Westminster Street, Providence, RI, USA, 02903
Ballys Corp is a gaming, hospitality, and entertainment company with a portfolio of casinos and resorts, and online gaming businesses. It provides its customers with physical and interactive entertainment and gaming experiences, including traditional casino offerings, iCasino, online bingo, sportsbook, and free-to-play (F2P) games. The company has three reportable segments; Casinos & Resorts Includes the Company's 15 casino and resort properties and one horse race track, the North America Interactive segment includes a portfolio of sports betting, iGaming, and free-to-play gaming brands, and the International Interactive segment includes Gamesys' European and Asian operations.
Executives
Jeffrey W Rollins director
Jaymin B Patel director C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
Terrence Downey director 100 TWIN RIVER ROAD, LINCOLN RI 02865
Wanda Y. Wilson director 100 TWIN RIVER ROAD, LINCOLN RI 02865
Lee Kim Barker officer: EVP, Chief Legal Officer C/O BALLY'S CORPORATION, 100 WESTMINSTER STREET, PROVIDENCE RI 02903
Tracy S. Harris director C/O 1847 HOLDINGS LLC, 590 MADISON AVE., 21ST FLOOR, NEW YORK NY 10022
Robeson Reeves director, officer: President, Interactive 100 WESTMINSTER STREET, PROVIDENCE RI 02903
Craig L Eaton officer: EVP, General Counsel, Sec. 100 TWIN RIVER ROAD, LINCOLN RI 02865
George T. Papanier director, officer: President and CEO 100 TWIN RIVER ROAD, LINCOLN RI 02865
Marcus Glover officer: EVP, Chief Financial Officer C/O BALLY'S CORPORATION, 100 WESTMINSTER STREET, PROVIDENCE RI 02903
Standard General L.p. director, 10 percent owner 767 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10153
Noel Hayden 10 percent owner C/O ANZO GROUP LIMITED, 25 GOLDEN SQUARE, LONDON X0 W1F 9LU
Marc A Crisafulli officer: EVP Government Relations C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
Robert M. Lavan officer: Executive Vice President, CFO 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Stephen H Capp officer: Executive Vice President, CFO C/O PINNACLE ENTERTAINMENT INC, 8918 SPANISH RIDGE AVENUE, LAS VEGAS NV 89148