Texas Roadhouse Stock Market Value
| TXRH Stock | USD 156.87 3.81 2.49% |
| Symbol | Texas |
Texas Roadhouse Price To Book Ratio
Is Texas Roadhouse'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 Texas Roadhouse. If investors know Texas 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 Texas Roadhouse 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 0.215 | Dividend Share 2.2 | Earnings Share 4.55 | Revenue Per Share 69.24 | Quarterly Revenue Growth 0.153 |
The market value of Texas Roadhouse is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Roadhouse's value that differs from its market value or its book value, called intrinsic value, which is Texas Roadhouse'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 Texas Roadhouse's market value can be influenced by many factors that don't directly affect Texas Roadhouse'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 Texas Roadhouse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Roadhouse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Roadhouse'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.
Texas Roadhouse '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 Texas Roadhouse'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 Texas Roadhouse.
| 04/30/2023 |
| 04/24/2024 |
If you would invest 0.00 in Texas Roadhouse on April 30, 2023 and sell it all today you would earn a total of 0.00 from holding Texas Roadhouse or generate 0.0% return on investment in Texas Roadhouse over 360 days. Texas Roadhouse is related to or competes with Brinker International, BJs Restaurants, Papa Johns, Bloomin Brands, Yum Brands, Dine Brands, and Dominos Pizza. Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and inter... More
Texas Roadhouse 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 Texas Roadhouse'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 Texas Roadhouse upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9547 | |||
| Information Ratio | 0.1823 | |||
| Maximum Drawdown | 13.22 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 2.6 |
Texas Roadhouse Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Texas Roadhouse's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Texas Roadhouse's standard deviation. In reality, there are many statistical measures that can use Texas Roadhouse historical prices to predict the future Texas Roadhouse's volatility.| Risk Adjusted Performance | 0.1511 | |||
| Jensen Alpha | 0.3277 | |||
| Total Risk Alpha | 0.1699 | |||
| Sortino Ratio | 0.3228 | |||
| Treynor Ratio | 0.5134 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Texas Roadhouse'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.
Texas Roadhouse Backtested Returns
Texas Roadhouse appears to be very steady, given 3 months investment horizon. Texas Roadhouse owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the firm had a 0.24% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Texas Roadhouse, which you can use to evaluate the volatility of the company. Please review Texas Roadhouse's Semi Deviation of 0.4893, coefficient of variation of 425.3, and Risk Adjusted Performance of 0.1511 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Texas Roadhouse holds a performance score of 18. The entity has a beta of 0.75, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Texas Roadhouse's returns are expected to increase less than the market. However, during the bear market, the loss of holding Texas Roadhouse is expected to be smaller as well. Please check Texas Roadhouse's expected short fall, as well as the relationship between the rate of daily change and relative strength index , to make a quick decision on whether Texas Roadhouse's existing price patterns will revert.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Texas Roadhouse has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Texas Roadhouse time series from 30th of April 2023 to 27th of October 2023 and 27th of October 2023 to 24th 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 Texas Roadhouse price movement. The serial correlation of -0.79 indicates that around 79.0% of current Texas Roadhouse price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 328.75 |
Texas Roadhouse lagged returns against current returns
Autocorrelation, which is Texas Roadhouse 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 Texas Roadhouse's stock expected returns. We can calculate the autocorrelation of Texas Roadhouse returns to help us make a trade decision. For example, suppose you find that Texas Roadhouse 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 |
Texas Roadhouse 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 Texas Roadhouse stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Texas Roadhouse stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Texas Roadhouse stock over time.
Current vs Lagged Prices |
| Timeline |
Texas Roadhouse Lagged Returns
When evaluating Texas Roadhouse's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Texas Roadhouse stock have on its future price. Texas Roadhouse 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, Texas Roadhouse autocorrelation shows the relationship between Texas Roadhouse stock current value and its past values and can show if there is a momentum factor associated with investing in Texas Roadhouse.
Regressed Prices |
| Timeline |
Texas Roadhouse Investors Sentiment
The influence of Texas Roadhouse's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Texas. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Texas Roadhouse's public news can be used to forecast risks associated with an investment in Texas. The trend in average sentiment can be used to explain how an investor holding Texas can time the market purely based on public headlines and social activities around Texas Roadhouse. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Texas Roadhouse's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Texas Roadhouse's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Texas Roadhouse's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Texas Roadhouse.
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 Texas Roadhouse 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, Texas Roadhouse's short interest history, or implied volatility extrapolated from Texas Roadhouse options trading.
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When determining whether Texas Roadhouse offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Texas Roadhouse's 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 Texas Roadhouse Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Texas Roadhouse Stock:Check out Texas Roadhouse Correlation, Texas Roadhouse Volatility and Texas Roadhouse Alpha and Beta module to complement your research on Texas Roadhouse. For more detail on how to invest in Texas Stock please use our How to Invest in Texas Roadhouse guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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When running Texas Roadhouse's price analysis, check to measure Texas Roadhouse'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 Texas Roadhouse is operating at the current time. Most of Texas Roadhouse's value examination focuses on studying past and present price action to predict the probability of Texas Roadhouse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Texas Roadhouse's price. Additionally, you may evaluate how the addition of Texas Roadhouse to your portfolios can decrease your overall portfolio volatility.
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Texas Roadhouse 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.