Shake Shack Stock Market Value
| SHAK Stock | USD 97.07 0.14 0.14% |
| Symbol | Shake |
Shake Shack Price To Book Ratio
Is Shake Shack'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 Shake Shack. If investors know Shake 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 Shake Shack 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 0.824 | Earnings Share 0.48 | Revenue Per Share 27.589 | Quarterly Revenue Growth 0.2 | Return On Assets 0.0049 |
The market value of Shake Shack is measured differently than its book value, which is the value of Shake that is recorded on the company's balance sheet. Investors also form their own opinion of Shake Shack's value that differs from its market value or its book value, called intrinsic value, which is Shake Shack'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 Shake Shack's market value can be influenced by many factors that don't directly affect Shake Shack'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 Shake Shack's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shake Shack is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shake Shack'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.
Shake Shack '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 Shake Shack'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 Shake Shack.
| 03/17/2024 |
| 04/16/2024 |
If you would invest 0.00 in Shake Shack on March 17, 2024 and sell it all today you would earn a total of 0.00 from holding Shake Shack or generate 0.0% return on investment in Shake Shack over 30 days. Shake Shack is related to or competes with Dominos Pizza, Papa Johns, Chipotle Mexican, Darden Restaurants, Brinker International, Jack In, and Wendys. Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants in the United States and internationally More
Shake Shack 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 Shake Shack'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 Shake Shack upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.35 | |||
| Information Ratio | 0.136 | |||
| Maximum Drawdown | 31.94 | |||
| Value At Risk | (3.72) | |||
| Potential Upside | 3.95 |
Shake Shack Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shake Shack's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shake Shack's standard deviation. In reality, there are many statistical measures that can use Shake Shack historical prices to predict the future Shake Shack's volatility.| Risk Adjusted Performance | 0.1037 | |||
| Jensen Alpha | 0.4482 | |||
| Total Risk Alpha | 0.2571 | |||
| Sortino Ratio | 0.2281 | |||
| Treynor Ratio | 0.2221 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shake Shack'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.
Shake Shack Backtested Returns
Shake Shack appears to be very steady, given 3 months investment horizon. Shake Shack owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. By inspecting Shake Shack's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please review Shake Shack's Semi Deviation of 1.96, coefficient of variation of 658.08, and Risk Adjusted Performance of 0.1037 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Shake Shack holds a performance score of 13. The entity has a beta of 2.65, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Shake Shack will likely underperform. Please check Shake Shack's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Shake Shack's existing price patterns will revert.
Auto-correlation | 0.08 |
Virtually no predictability
Shake Shack has virtually no predictability. Overlapping area represents the amount of predictability between Shake Shack time series from 17th of March 2024 to 1st of April 2024 and 1st of April 2024 to 16th 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 Shake Shack price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Shake Shack price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 6.85 |
Shake Shack lagged returns against current returns
Autocorrelation, which is Shake Shack 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 Shake Shack's stock expected returns. We can calculate the autocorrelation of Shake Shack returns to help us make a trade decision. For example, suppose you find that Shake Shack 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 |
Shake Shack 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 Shake Shack stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shake Shack stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shake Shack stock over time.
Current vs Lagged Prices |
| Timeline |
Shake Shack Lagged Returns
When evaluating Shake Shack's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shake Shack stock have on its future price. Shake Shack 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, Shake Shack autocorrelation shows the relationship between Shake Shack stock current value and its past values and can show if there is a momentum factor associated with investing in Shake Shack.
Regressed Prices |
| Timeline |
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Check out Shake Shack Correlation, Shake Shack Volatility and Shake Shack Alpha and Beta module to complement your research on Shake Shack. For more information on how to buy Shake Stock please use our How to buy in Shake Stock guide.Note that the Shake Shack information on this page should be used as a complementary analysis to other Shake Shack's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Shake Stock analysis
When running Shake Shack's price analysis, check to measure Shake Shack'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 Shake Shack is operating at the current time. Most of Shake Shack's value examination focuses on studying past and present price action to predict the probability of Shake Shack's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shake Shack's price. Additionally, you may evaluate how the addition of Shake Shack to your portfolios can decrease your overall portfolio volatility.
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Shake Shack 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.