Monarch Casino & Resort Inc (MCRI)
Monarch Casino & Resort, Inc. is a prominent gaming and hospitality company based in Reno, Nevada, primarily recognized for its flagship property, the Atlantis Casino Resort Spa. This resort encompasses a luxurious hotel, an expansive casino, and a variety of dining and entertainment options, catering to both leisure and business travelers. Monarch's strategic focus on enhancing guest experiences and expanding its gaming operations positions it competitively within the robust Nevada gaming market, appealing to institutional investors seeking exposure to the hospitality and gaming sector.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 25.92% per annum.
- MCRI price at the close of November 20, 2025 was $95.22 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 29.11% per annum.
- MCRI price at the close of November 20, 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 MCRI 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 5, 2023
End date: November 20, 2025
a = 3.4397
b = 0.0006
s = 0.0604
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0006) – 1
= 25.92%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0604) – 1
= 27.31%
September 5, 2023 calculations
Top border of price channel:
Exp(Y698)
= Exp(a + b × X698 + 2 × s)
= Exp(a + b × 1,016 + 2 × s)
= Exp(3.4397 + 0.0006 × 1,016 + 2 × 0.0604)
= Exp(4.2019)
= $66.82
Bottom border of price channel:
Exp(Y698)
= Exp(a + b × X698 – 2 × s)
= Exp(a + b × 1,016 – 2 × s)
= Exp(3.4397 + 0.0006 × 1,016 – 2 × 0.0604)
= Exp(3.9605)
= $52.48
November 20, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(3.4397 + 0.0006 × 1,823 + 2 × 0.0604)
= Exp(4.7115)
= $111.22
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(3.4397 + 0.0006 × 1,823 – 2 × 0.0604)
= Exp(4.4701)
= $87.36
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 25.92% per annum.
- MCRI price at the close of November 20, 2025 was $95.22 and was inside the primary price channel.
Secondary Trend
Start date: July 17, 2025
End date: November 20, 2025
a = 6.2591
b = -0.0009
s = 0.0345
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0009) – 1
= -29.11%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0345) – 1
= 14.81%
July 17, 2025 calculations
Top border of price channel:
Exp(Y1,165)
= Exp(a + b × X1,165 + 2 × s)
= Exp(a + b × 1,697 + 2 × s)
= Exp(6.2591 + -0.0009 × 1,697 + 2 × 0.0345)
= Exp(4.7287)
= $113.15
Bottom border of price channel:
Exp(Y1,165)
= Exp(a + b × X1,165 – 2 × s)
= Exp(a + b × 1,697 – 2 × s)
= Exp(6.2591 + -0.0009 × 1,697 – 2 × 0.0345)
= Exp(4.5906)
= $98.55
November 20, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(6.2591 + -0.0009 × 1,823 + 2 × 0.0345)
= Exp(4.6099)
= $100.48
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(6.2591 + -0.0009 × 1,823 – 2 × 0.0345)
= Exp(4.4718)
= $87.52
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 29.11% per annum.
- MCRI price at the close of November 20, 2025 was inside the secondary price channel.