Bjs Restaurants Stock Market Value
| BJRI Stock | USD 34.88 0.15 0.43% |
| Symbol | BJs |
BJs Restaurants Price To Book Ratio
Is BJs Restaurants' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BJs Restaurants. If investors know BJs will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BJs Restaurants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.159 | Earnings Share 0.99 | Revenue Per Share 56.78 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0157 |
The market value of BJs Restaurants is measured differently than its book value, which is the value of BJs that is recorded on the company's balance sheet. Investors also form their own opinion of BJs Restaurants' value that differs from its market value or its book value, called intrinsic value, which is BJs Restaurants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BJs Restaurants' market value can be influenced by many factors that don't directly affect BJs Restaurants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BJs Restaurants' value and its price as these two are different measures arrived at by different means. Investors typically determine if BJs Restaurants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BJs Restaurants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
BJs Restaurants 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to BJs Restaurants' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of BJs Restaurants.
| 02/29/2024 |
| 05/29/2024 |
If you would invest 0.00 in BJs Restaurants on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding BJs Restaurants or generate 0.0% return on investment in BJs Restaurants over 90 days. BJs Restaurants is related to or competes with Dine Brands, Brinker International, Bloomin Brands, Cheesecake Factory, Chuys Holdings, Dennys Corp, and FAT Brands. BJs Restaurants, Inc. owns and operates casual dining restaurants in the United States More
BJs Restaurants Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure BJs Restaurants' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess BJs Restaurants upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | 0.0093 | |||
| Maximum Drawdown | 11.04 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 3.88 |
BJs Restaurants Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BJs Restaurants' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BJs Restaurants' standard deviation. In reality, there are many statistical measures that can use BJs Restaurants historical prices to predict the future BJs Restaurants' volatility.| Risk Adjusted Performance | 0.022 | |||
| Jensen Alpha | 0.0016 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0099 | |||
| Treynor Ratio | 0.0259 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BJs Restaurants' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BJs Restaurants Backtested Returns
We consider BJs Restaurants very steady. BJs Restaurants secures Sharpe Ratio (or Efficiency) of 0.0084, which signifies that the company had a 0.0084% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for BJs Restaurants, which you can use to evaluate the volatility of the firm. Please confirm BJs Restaurants' Risk Adjusted Performance of 0.022, mean deviation of 1.7, and Downside Deviation of 2.13 to double-check if the risk estimate we provide is consistent with the expected return of 0.0193%. The firm shows a Beta (market volatility) of 1.78, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BJs Restaurants will likely underperform. BJs Restaurants right now shows a risk of 2.3%. Please confirm BJs Restaurants treynor ratio, kurtosis, relative strength index, as well as the relationship between the downside variance and day median price , to decide if BJs Restaurants will be following its price patterns.
Auto-correlation | -0.45 |
Modest reverse predictability
BJs Restaurants has modest reverse predictability. Overlapping area represents the amount of predictability between BJs Restaurants time series from 29th of February 2024 to 14th of April 2024 and 14th of April 2024 to 29th of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BJs Restaurants price movement. The serial correlation of -0.45 indicates that just about 45.0% of current BJs Restaurants price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 2.2 |
BJs Restaurants lagged returns against current returns
Autocorrelation, which is BJs Restaurants stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting BJs Restaurants' stock expected returns. We can calculate the autocorrelation of BJs Restaurants returns to help us make a trade decision. For example, suppose you find that BJs Restaurants has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
BJs Restaurants regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If BJs Restaurants stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BJs Restaurants stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BJs Restaurants stock over time.
Current vs Lagged Prices |
| Timeline |
BJs Restaurants Lagged Returns
When evaluating BJs Restaurants' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BJs Restaurants stock have on its future price. BJs Restaurants autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, BJs Restaurants autocorrelation shows the relationship between BJs Restaurants stock current value and its past values and can show if there is a momentum factor associated with investing in BJs Restaurants.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether BJs Restaurants offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BJs Restaurants' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bjs Restaurants Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bjs Restaurants Stock:Check out BJs Restaurants Correlation, BJs Restaurants Volatility and BJs Restaurants Alpha and Beta module to complement your research on BJs Restaurants. For more detail on how to invest in BJs Stock please use our How to Invest in BJs Restaurants guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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When running BJs Restaurants' price analysis, check to measure BJs Restaurants' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BJs Restaurants is operating at the current time. Most of BJs Restaurants' value examination focuses on studying past and present price action to predict the probability of BJs Restaurants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BJs Restaurants' price. Additionally, you may evaluate how the addition of BJs Restaurants to your portfolios can decrease your overall portfolio volatility.
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BJs Restaurants technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.