Chipotle Mexican Grill Stock Market Value

CMG Stock  USD 2,907  16.69  0.57%   
Chipotle Mexican's market value is the price at which a share of Chipotle Mexican trades on a public exchange. It measures the collective expectations of Chipotle Mexican Grill investors about its performance. Chipotle Mexican is trading at 2906.77 as of the 28th of March 2024. This is a -0.57 percent decrease since the beginning of the trading day. The stock's lowest day price was 2903.01.
With this module, you can estimate the performance of a buy and hold strategy of Chipotle Mexican Grill and determine expected loss or profit from investing in Chipotle Mexican over a given investment horizon. Check out Chipotle Mexican Correlation, Chipotle Mexican Volatility and Chipotle Mexican Alpha and Beta module to complement your research on Chipotle Mexican.
Symbol

Chipotle Mexican Grill Price To Book Ratio

Is Chipotle Mexican'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 Chipotle Mexican. If investors know Chipotle 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 Chipotle Mexican 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
0.273
Earnings Share
44.44
Revenue Per Share
358.253
Quarterly Revenue Growth
0.154
Return On Assets
0.1333
The market value of Chipotle Mexican Grill is measured differently than its book value, which is the value of Chipotle that is recorded on the company's balance sheet. Investors also form their own opinion of Chipotle Mexican's value that differs from its market value or its book value, called intrinsic value, which is Chipotle Mexican'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 Chipotle Mexican's market value can be influenced by many factors that don't directly affect Chipotle Mexican'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 Chipotle Mexican's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chipotle Mexican is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chipotle Mexican'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.

Chipotle Mexican '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 Chipotle Mexican'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 Chipotle Mexican.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Chipotle Mexican on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Chipotle Mexican Grill or generate 0.0% return on investment in Chipotle Mexican over 30 days. Chipotle Mexican is related to or competes with Cardinal Health, Insteel Industries, Grocery Outlet, LB Foster, Gfl Environmental, Olympic Steel, and Nippon Steel. Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants More

Chipotle Mexican 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 Chipotle Mexican'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 Chipotle Mexican Grill upside and downside potential and time the market with a certain degree of confidence.

Chipotle Mexican Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Chipotle Mexican's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chipotle Mexican's standard deviation. In reality, there are many statistical measures that can use Chipotle Mexican historical prices to predict the future Chipotle Mexican's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Chipotle Mexican'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.
Hype
Prediction
LowEstimatedHigh
2,9022,9043,216
Details
Intrinsic
Valuation
LowRealHigh
2,7022,7043,216
Details
Naive
Forecast
LowNextHigh
3,0123,0143,015
Details
32 Analysts
Consensus
LowTargetHigh
1,9692,1642,402
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Chipotle Mexican. Your research has to be compared to or analyzed against Chipotle Mexican's peers to derive any actionable benefits. When done correctly, Chipotle Mexican's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Chipotle Mexican Grill.

Chipotle Mexican Grill Backtested Returns

Chipotle Mexican appears to be very steady, given 3 months investment horizon. Chipotle Mexican Grill secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the company had a 0.29% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Chipotle Mexican Grill, which you can use to evaluate the volatility of the firm. Please makes use of Chipotle Mexican's Mean Deviation of 0.8953, risk adjusted performance of 0.1588, and Downside Deviation of 0.7927 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Chipotle Mexican holds a performance score of 22. The firm shows a Beta (market volatility) of 0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Chipotle Mexican's returns are expected to increase less than the market. However, during the bear market, the loss of holding Chipotle Mexican is expected to be smaller as well. Please check Chipotle Mexican's standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether Chipotle Mexican's price patterns will revert.

Auto-correlation

    
  0.38  

Below average predictability

Chipotle Mexican Grill has below average predictability. Overlapping area represents the amount of predictability between Chipotle Mexican time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Chipotle Mexican Grill price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Chipotle Mexican price fluctuation can be explain by its past prices.
Correlation Coefficient0.38
Spearman Rank Test0.46
Residual Average0.0
Price Variance6039.75

Chipotle Mexican Grill lagged returns against current returns

Autocorrelation, which is Chipotle Mexican 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 Chipotle Mexican's stock expected returns. We can calculate the autocorrelation of Chipotle Mexican returns to help us make a trade decision. For example, suppose you find that Chipotle Mexican 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  

Chipotle Mexican 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 Chipotle Mexican stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chipotle Mexican stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chipotle Mexican stock over time.
   Current vs Lagged Prices   
       Timeline  

Chipotle Mexican Lagged Returns

When evaluating Chipotle Mexican's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chipotle Mexican stock have on its future price. Chipotle Mexican 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, Chipotle Mexican autocorrelation shows the relationship between Chipotle Mexican stock current value and its past values and can show if there is a momentum factor associated with investing in Chipotle Mexican Grill.
   Regressed Prices   
       Timeline  

Chipotle Mexican Investors Sentiment

The influence of Chipotle Mexican'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 Chipotle. 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 Chipotle Mexican's public news can be used to forecast risks associated with an investment in Chipotle. The trend in average sentiment can be used to explain how an investor holding Chipotle can time the market purely based on public headlines and social activities around Chipotle Mexican Grill. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Chipotle Mexican'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 Chipotle Mexican'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 Chipotle Mexican's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Chipotle Mexican.
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 Chipotle Mexican 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, Chipotle Mexican's short interest history, or implied volatility extrapolated from Chipotle Mexican options trading.

Pair Trading with Chipotle Mexican

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chipotle Mexican position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chipotle Mexican will appreciate offsetting losses from the drop in the long position's value.

Moving together with Chipotle Stock

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Moving against Chipotle Stock

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The ability to find closely correlated positions to Chipotle Mexican could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chipotle Mexican when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chipotle Mexican - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chipotle Mexican Grill to buy it.
The correlation of Chipotle Mexican is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chipotle Mexican moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chipotle Mexican Grill moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chipotle Mexican can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Chipotle Mexican Grill is a strong investment it is important to analyze Chipotle Mexican'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 Chipotle Mexican's future performance. For an informed investment choice regarding Chipotle Stock, refer to the following important reports:
Check out Chipotle Mexican Correlation, Chipotle Mexican Volatility and Chipotle Mexican Alpha and Beta module to complement your research on Chipotle Mexican.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running Chipotle Mexican's price analysis, check to measure Chipotle Mexican'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 Chipotle Mexican is operating at the current time. Most of Chipotle Mexican's value examination focuses on studying past and present price action to predict the probability of Chipotle Mexican's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chipotle Mexican's price. Additionally, you may evaluate how the addition of Chipotle Mexican to your portfolios can decrease your overall portfolio volatility.
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Chipotle Mexican 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.
A focus of Chipotle Mexican technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chipotle Mexican trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...