Caesars Entertainment Corporation (CZR)
Caesars Entertainment, Inc., formerly Eldorado Resorts, Inc., is an American hotel and casino entertainment company founded and based in Reno, Nevada, that operates more than 50 properties.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 53.20% per annum.
- CZR price at the close of June 18, 2025 was $27.75 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 13.62% per annum.
- CZR price at the close of June 18, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of CZR price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: September 17, 2024
End date: June 17, 2025
a = 7.0057
b = -0.0021
s = 0.0819
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0021) – 1
= -53.20%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0819) – 1
= 38.75%
September 17, 2024 calculations
Top border of price channel:
Exp(Y1,066)
= Exp(a + b × X1,066 + 2 × s)
= Exp(a + b × 1,548 + 2 × s)
= Exp(7.0057 + -0.0021 × 1,548 + 2 × 0.0819)
= Exp(3.9496)
= $51.91
Bottom border of price channel:
Exp(Y1,066)
= Exp(a + b × X1,066 – 2 × s)
= Exp(a + b × 1,548 – 2 × s)
= Exp(7.0057 + -0.0021 × 1,548 – 2 × 0.0819)
= Exp(3.6221)
= $37.42
June 17, 2025 calculations
Top border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 + 2 × s)
= Exp(a + b × 1,821 + 2 × s)
= Exp(7.0057 + -0.0021 × 1,821 + 2 × 0.0819)
= Exp(3.3817)
= $29.42
Bottom border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 – 2 × s)
= Exp(a + b × 1,821 – 2 × s)
= Exp(7.0057 + -0.0021 × 1,821 – 2 × 0.0819)
= Exp(3.0542)
= $21.20
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 53.20% per annum.
- CZR price at the close of June 18, 2025 was $27.75 and was inside the primary price channel.
Secondary Trend
Start date: March 10, 2025
End date: June 18, 2025
a = 2.6773
b = 0.0003
s = 0.0606
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0003) – 1
= 13.62%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0606) – 1
= 27.44%
March 10, 2025 calculations
Top border of price channel:
Exp(Y1,184)
= Exp(a + b × X1,184 + 2 × s)
= Exp(a + b × 1,722 + 2 × s)
= Exp(2.6773 + 0.0003 × 1,722 + 2 × 0.0606)
= Exp(3.4011)
= $30.00
Bottom border of price channel:
Exp(Y1,184)
= Exp(a + b × X1,184 – 2 × s)
= Exp(a + b × 1,722 – 2 × s)
= Exp(2.6773 + 0.0003 × 1,722 – 2 × 0.0606)
= Exp(3.1587)
= $23.54
June 18, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(2.6773 + 0.0003 × 1,822 + 2 × 0.0606)
= Exp(3.4361)
= $31.07
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(2.6773 + 0.0003 × 1,822 – 2 × 0.0606)
= Exp(3.1937)
= $24.38
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 13.62% per annum.
- CZR price at the close of June 18, 2025 was inside the secondary price channel.