Carrols Restaurant Group Stock Market Value
| TAST Stock | USD 9.51 0.01 0.11% |
| Symbol | Carrols |
Carrols Restaurant Price To Book Ratio
Is Carrols Restaurant's 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 Carrols Restaurant. If investors know Carrols 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 Carrols Restaurant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.02 | Earnings Share 0.53 | Revenue Per Share 36.416 | Quarterly Revenue Growth 0.057 | Return On Assets 0.0248 |
The market value of Carrols Restaurant is measured differently than its book value, which is the value of Carrols that is recorded on the company's balance sheet. Investors also form their own opinion of Carrols Restaurant's value that differs from its market value or its book value, called intrinsic value, which is Carrols 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 Carrols Restaurant's market value can be influenced by many factors that don't directly affect Carrols 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 Carrols Restaurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carrols Restaurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carrols 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.
Carrols 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 Carrols 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 Carrols Restaurant.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Carrols Restaurant on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Carrols Restaurant Group or generate 0.0% return on investment in Carrols Restaurant over 30 days. Carrols Restaurant is related to or competes with Chuys Holdings, FAT Brands, Potbelly, BJs Restaurants, One Group, Dine Brands, and Brinker International. Carrols Restaurant Group, Inc., through its subsidiaries, operates as a restaurant company in the United States More
Carrols 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 Carrols 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 Carrols Restaurant Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1312 | |||
| Information Ratio | (0.75) | |||
| Maximum Drawdown | 0.4258 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.2107 |
Carrols Restaurant Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carrols Restaurant's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carrols Restaurant's standard deviation. In reality, there are many statistical measures that can use Carrols Restaurant historical prices to predict the future Carrols Restaurant's volatility.| Risk Adjusted Performance | 0.0789 | |||
| Jensen Alpha | 0.0135 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.57) | |||
| Treynor Ratio | (0.36) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Carrols 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.
Carrols Restaurant Backtested Returns
We consider Carrols Restaurant very steady. Carrols Restaurant secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Carrols Restaurant Group, which you can use to evaluate the volatility of the firm. Please confirm Carrols Restaurant's Mean Deviation of 0.0779, risk adjusted performance of 0.0789, and Coefficient Of Variation of 471.8 to double-check if the risk estimate we provide is consistent with the expected return of 0.024%. Carrols Restaurant has a performance score of 18 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0302, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Carrols Restaurant are expected to decrease at a much lower rate. During the bear market, Carrols Restaurant is likely to outperform the market. Carrols Restaurant right now shows a risk of 0.1%. Please confirm Carrols Restaurant semi variance, as well as the relationship between the rate of daily change and relative strength index , to decide if Carrols Restaurant will be following its price patterns.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Carrols Restaurant Group has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Carrols Restaurant time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Carrols Restaurant price movement. The serial correlation of -0.74 indicates that around 74.0% of current Carrols Restaurant price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Carrols Restaurant lagged returns against current returns
Autocorrelation, which is Carrols 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 Carrols Restaurant's stock expected returns. We can calculate the autocorrelation of Carrols Restaurant returns to help us make a trade decision. For example, suppose you find that Carrols 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 |
Carrols 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 Carrols Restaurant stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carrols Restaurant stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carrols Restaurant stock over time.
Current vs Lagged Prices |
| Timeline |
Carrols Restaurant Lagged Returns
When evaluating Carrols Restaurant's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carrols Restaurant stock have on its future price. Carrols 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, Carrols Restaurant autocorrelation shows the relationship between Carrols Restaurant stock current value and its past values and can show if there is a momentum factor associated with investing in Carrols Restaurant Group.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Carrols Restaurant in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Carrols Restaurant's short interest history, or implied volatility extrapolated from Carrols Restaurant options trading.
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When determining whether Carrols Restaurant is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Carrols Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Carrols Restaurant Group Stock. Highlighted below are key reports to facilitate an investment decision about Carrols Restaurant Group Stock:Check out Carrols Restaurant Correlation, Carrols Restaurant Volatility and Carrols Restaurant Alpha and Beta module to complement your research on Carrols Restaurant. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Carrols Stock analysis
When running Carrols Restaurant's price analysis, check to measure Carrols Restaurant's 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 Carrols Restaurant is operating at the current time. Most of Carrols Restaurant's value examination focuses on studying past and present price action to predict the probability of Carrols Restaurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carrols Restaurant's price. Additionally, you may evaluate how the addition of Carrols Restaurant to your portfolios can decrease your overall portfolio volatility.
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Carrols 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.