Relatively Low Beta Detected in Shares of Century Casinos in the Casinos & Gaming Industry (CNTY, CHDN, GPIC, PENN, ISLE)
Below are the three companies in the Casinos & Gaming industry with the lowest betas. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
Century Casinos ranks lowest with a a beta of 0.5. Following is Churchill Downs with a a beta of 0.7. Gaming Partners International ranks third lowest with a a beta of 0.8.
Penn National Gaming follows with a a beta of 0.8, and Isle of Capri Casinos rounds out the bottom five with a a beta of 0.9.
SmarTrend recommended that subscribers consider buying shares of Isle of Capri Casinos on March 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $13.43. Since that recommendation, shares of Isle of Capri Casinos have risen 19.3%. We continue to monitor Isle of Capri Casinos for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
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