AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Melco Resorts & Entertainment (MLCO) experienced a slight decline of 0.31% today, reaching its highest share price since December 2024, despite an intraday decline of NaN%.
Over the past five years, the strategy of buying MLCO shares after they reached a high and holding for one week resulted in a significant loss. The strategy yielded a return of -26.19%, with a benchmark return of 44.90% and an excess return of -71.09%. The Sharpe ratio was -0.26, indicating poor risk-adjusted returns, and the maximum drawdown was -55.13%, highlighting the strategy's high risk and substantial losses.Analysts have shown a positive outlook on Melco Resorts & Entertainment, with recent upgrades and target price adjustments.
analyst George Choi has upgraded the stock rating from Neutral to Buy, setting a new price target of $6.25. This move indicates a growing optimism among analysts, which could potentially drive the stock price higher in the coming days.
Knowing stock market today at a glance

Dec.15 2025

Dec.15 2025

Dec.12 2025

Dec.12 2025

Dec.12 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet