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Eldorado Resorts, Inc. (NASD:ERI) Seasonal Chart

Seasonal Chart Analysis

Analysis of the Eldorado Resorts, Inc. (NASD:ERI) seasonal charts above shows that a Buy Date of November 20 and a Sell Date of April 18 has resulted in a geometric average return of 39.14% above the benchmark rate of the S&P 500 Total Return Index over the past 5 years. This seasonal timeframe has shown positive results compared to the benchmark in 5 of those periods. This is an excellent rate of success, but the return underperforms the relative buy-and-hold performance of the stock over the past 5 years by an average of 14.37% per year.

The seasonal timeframe correlates Fairly Well with the period of seasonal strength for the Consumer Discretionary sector, which runs from October 17 to April 12. The seasonal chart for the broad sector is available via the following link: Consumer Discretionary Sector Seasonal Chart.

A word of caution: Only 5 years of data is available for shares of ERI, perhaps insufficient to create a seasonal profile that accurately gauges the seasonal tendencies influencing the investment. Ideally, while 20 years is preferred, at least 10 years of data is required to perform a seasonal analysis that is considered to be reliable for future seasonal periods.

Eldorado Resorts Inc is a gaming and hospitality company. It owns and operates gaming facilities located in Ohio, Louisiana, Nevada, Pennsylvania and West Virginia. The primary source of revenue is generated by gaming operations, but the company use hotels, restaurants, bars, entertainment, retail shops, racing and other services to attract customers to their properties. The company owns and operates various properties, such as Eldorado Resort Casino Reno, which holds more than 800 room in hotel, and it also offers casino and entertainment facility; Silver Legacy Resort Casino, which is a 1,711-room themed hotel and casino; Circus Circus Reno, which is a 1,571-room hotel-casino and entertainment complex and many other properties.

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