Rave Restaurant Group Stock Market Value
| RAVE Stock | USD 1.88 0.04 2.17% |
| Symbol | Rave |
Rave Restaurant Group Price To Book Ratio
Is Hotels, Restaurants & Leisure space 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 Rave Restaurant. If investors know Rave 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 Rave Restaurant 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 | Earnings Share 0.15 | Revenue Per Share 0.826 | Quarterly Revenue Growth (0) | Return On Assets 0.1162 |
The market value of Rave Restaurant Group is measured differently than its book value, which is the value of Rave that is recorded on the company's balance sheet. Investors also form their own opinion of Rave Restaurant's value that differs from its market value or its book value, called intrinsic value, which is Rave Restaurant's 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 Rave Restaurant's market value can be influenced by many factors that don't directly affect Rave Restaurant's 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 Rave Restaurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rave Restaurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rave Restaurant's 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.
Rave Restaurant '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 Rave Restaurant's 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 Rave Restaurant.
| 05/18/2024 |
| 06/17/2024 |
If you would invest 0.00 in Rave Restaurant on May 18, 2024 and sell it all today you would earn a total of 0.00 from holding Rave Restaurant Group or generate 0.0% return on investment in Rave Restaurant over 30 days. Rave Restaurant is related to or competes with Brinker International, Jack In, Wendys, Wingstop, Yum China, Darden Restaurants, and Restaurant Brands. Rave Restaurant Group, Inc., together with its subsidiaries, operates and franchises pizza buffet, deliverycarry-out , a... More
Rave Restaurant 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 Rave Restaurant's 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 Rave Restaurant Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.85 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 14.96 | |||
| Value At Risk | (3.65) | |||
| Potential Upside | 3.48 |
Rave Restaurant Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rave Restaurant's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rave Restaurant's standard deviation. In reality, there are many statistical measures that can use Rave Restaurant historical prices to predict the future Rave Restaurant's volatility.| Risk Adjusted Performance | 0.0091 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rave Restaurant's 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.
Rave Restaurant Group Backtested Returns
We consider Rave Restaurant risky. Rave Restaurant Group maintains Sharpe Ratio (i.e., Efficiency) of 0.0032, which implies the firm had a 0.0032% return per unit of risk over the last 3 months. We have found thirty technical indicators for Rave Restaurant Group, which you can use to evaluate the volatility of the company. Please check Rave Restaurant's Semi Deviation of 2.33, risk adjusted performance of 0.0091, and Coefficient Of Variation of 37050.11 to confirm if the risk estimate we provide is consistent with the expected return of 0.0076%. The company holds a Beta of 0.58, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Rave Restaurant's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rave Restaurant is expected to be smaller as well. Rave Restaurant Group right now holds a risk of 2.38%. Please check Rave Restaurant Group kurtosis, and the relationship between the downside variance and day median price , to decide if Rave Restaurant Group will be following its historical price patterns.
Auto-correlation | 0.17 |
Very weak predictability
Rave Restaurant Group has very weak predictability. Overlapping area represents the amount of predictability between Rave Restaurant time series from 18th of May 2024 to 2nd of June 2024 and 2nd of June 2024 to 17th of June 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 Rave Restaurant Group price movement. The serial correlation of 0.17 indicates that over 17.0% of current Rave Restaurant price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Rave Restaurant Group lagged returns against current returns
Autocorrelation, which is Rave Restaurant 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 Rave Restaurant's stock expected returns. We can calculate the autocorrelation of Rave Restaurant returns to help us make a trade decision. For example, suppose you find that Rave Restaurant 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 |
Rave Restaurant 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 Rave Restaurant stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rave Restaurant stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rave Restaurant stock over time.
Current vs Lagged Prices |
| Timeline |
Rave Restaurant Lagged Returns
When evaluating Rave Restaurant's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rave Restaurant stock have on its future price. Rave Restaurant 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, Rave Restaurant autocorrelation shows the relationship between Rave Restaurant stock current value and its past values and can show if there is a momentum factor associated with investing in Rave Restaurant Group.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Rave Stock
When determining whether Rave Restaurant Group is a strong investment it is important to analyze Rave Restaurant's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rave Restaurant's future performance. For an informed investment choice regarding Rave Stock, refer to the following important reports:Check out Rave Restaurant Correlation, Rave Restaurant Volatility and Rave Restaurant Alpha and Beta module to complement your research on Rave Restaurant. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Rave Restaurant 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.