Wingstop Stock Market Value
| WING Stock | USD 354.75 7.38 2.12% |
| Symbol | Wingstop |
Wingstop Price To Book Ratio
Is Wingstop'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 Wingstop. If investors know Wingstop 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 Wingstop 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 0.088 | Dividend Share 0.82 | Earnings Share 2.36 | Revenue Per Share 15.454 | Quarterly Revenue Growth 0.212 |
The market value of Wingstop is measured differently than its book value, which is the value of Wingstop that is recorded on the company's balance sheet. Investors also form their own opinion of Wingstop's value that differs from its market value or its book value, called intrinsic value, which is Wingstop'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 Wingstop's market value can be influenced by many factors that don't directly affect Wingstop'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 Wingstop's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wingstop is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wingstop'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.
Wingstop '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 Wingstop'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 Wingstop.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Wingstop on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Wingstop or generate 0.0% return on investment in Wingstop over 30 days. Wingstop is related to or competes with Papa Johns, Chipotle Mexican, Wendys, Dominos Pizza, Yum Brands, Darden Restaurants, and Brinker International. Wingstop Inc., together with its subsidiaries, franchises and operates restaurants under the Wingstop brand name More
Wingstop 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 Wingstop'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 Wingstop upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.66 | |||
| Information Ratio | 0.129 | |||
| Maximum Drawdown | 13.23 | |||
| Value At Risk | (4.36) | |||
| Potential Upside | 3.68 |
Wingstop Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wingstop's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wingstop's standard deviation. In reality, there are many statistical measures that can use Wingstop historical prices to predict the future Wingstop's volatility.| Risk Adjusted Performance | 0.1084 | |||
| Jensen Alpha | 0.3178 | |||
| Total Risk Alpha | 0.0893 | |||
| Sortino Ratio | 0.1152 | |||
| Treynor Ratio | 0.4509 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wingstop'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.
Wingstop Backtested Returns
Wingstop appears to be very steady, given 3 months investment horizon. Wingstop shows Sharpe Ratio of 0.17, which attests that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wingstop, which you can use to evaluate the volatility of the company. Please utilize Wingstop's Mean Deviation of 1.77, downside deviation of 2.66, and Market Risk Adjusted Performance of 0.4609 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wingstop holds a performance score of 13. The firm maintains a market beta of 0.85, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wingstop's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wingstop is expected to be smaller as well. Please check Wingstop's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Wingstop's historical returns will revert.
Auto-correlation | 0.34 |
Below average predictability
Wingstop has below average predictability. Overlapping area represents the amount of predictability between Wingstop time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd 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 Wingstop price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Wingstop price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 40.52 |
Wingstop lagged returns against current returns
Autocorrelation, which is Wingstop 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 Wingstop's stock expected returns. We can calculate the autocorrelation of Wingstop returns to help us make a trade decision. For example, suppose you find that Wingstop 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 |
Wingstop 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 Wingstop stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wingstop stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wingstop stock over time.
Current vs Lagged Prices |
| Timeline |
Wingstop Lagged Returns
When evaluating Wingstop's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wingstop stock have on its future price. Wingstop 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, Wingstop autocorrelation shows the relationship between Wingstop stock current value and its past values and can show if there is a momentum factor associated with investing in Wingstop.
Regressed Prices |
| Timeline |
Wingstop Investors Sentiment
The influence of Wingstop'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 Wingstop. 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 Wingstop's public news can be used to forecast risks associated with an investment in Wingstop. The trend in average sentiment can be used to explain how an investor holding Wingstop can time the market purely based on public headlines and social activities around Wingstop. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Wingstop'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 Wingstop'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 Wingstop's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Wingstop.
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 Wingstop 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, Wingstop's short interest history, or implied volatility extrapolated from Wingstop options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Wingstop is a strong investment it is important to analyze Wingstop'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 Wingstop's future performance. For an informed investment choice regarding Wingstop Stock, refer to the following important reports:Check out Wingstop Correlation, Wingstop Volatility and Wingstop Alpha and Beta module to complement your research on Wingstop. For more detail on how to invest in Wingstop Stock please use our How to Invest in Wingstop guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Wingstop Stock analysis
When running Wingstop's price analysis, check to measure Wingstop'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 Wingstop is operating at the current time. Most of Wingstop's value examination focuses on studying past and present price action to predict the probability of Wingstop's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wingstop's price. Additionally, you may evaluate how the addition of Wingstop to your portfolios can decrease your overall portfolio volatility.
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Wingstop 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.