Rave Restaurant Group Stock Technical Analysis

RAVE Stock  USD 2.19  0.04  1.79%   
As of the 28th of March, Rave Restaurant holds the Coefficient Of Variation of 3516.76, semi deviation of 2.77, and Risk Adjusted Performance of 0.0239. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rave Restaurant, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Rave Restaurant Group, which can be compared to its competitors. Please check Rave Restaurant Group information ratio, and the relationship between the downside deviation and value at risk to decide if Rave Restaurant Group is priced some-what accurately, providing market reflects its current price of 2.19 per share. Please also confirm Rave Restaurant Group total risk alpha, which is currently at (0.59) to check out the company can sustain itself at a future point.

Rave Restaurant Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Rave, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Rave
  
Rave Restaurant's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Rave 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.
A focus of Rave Restaurant technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rave Restaurant 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...

Rave Restaurant Group Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Rave Restaurant Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Rave Restaurant Group Trend Analysis

Use this graph to draw trend lines for Rave Restaurant Group. You can use it to identify possible trend reversals for Rave Restaurant as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Rave Restaurant price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Rave Restaurant Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Rave Restaurant Group applied against its price change over selected period. The best fit line has a slop of   0.0037  , which may suggest that Rave Restaurant Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.52, which is the sum of squared deviations for the predicted Rave Restaurant price change compared to its average price change.

About Rave Restaurant Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Rave Restaurant Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Rave Restaurant Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Rave Restaurant Group price pattern first instead of the macroeconomic environment surrounding Rave Restaurant Group. By analyzing Rave Restaurant's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Rave Restaurant's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Rave Restaurant specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.02670.0389
Price To Sales Ratio3.613.79

Rave Restaurant March 28, 2024 Technical Indicators

Most technical analysis of Rave help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Rave from various momentum indicators to cycle indicators. When you analyze Rave charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Rave Restaurant March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Rave stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Rave Restaurant Group is a strong investment it is important to analyze Rave Restaurant'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 Rave Restaurant's future performance. For an informed investment choice regarding Rave Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rave Restaurant Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Rave Stock analysis

When running Rave Restaurant's price analysis, check to measure Rave 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 Rave Restaurant is operating at the current time. Most of Rave Restaurant's value examination focuses on studying past and present price action to predict the probability of Rave 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 Rave Restaurant's price. Additionally, you may evaluate how the addition of Rave Restaurant to your portfolios can decrease your overall portfolio volatility.
Global Correlations
Find global opportunities by holding instruments from different markets
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Is Rave 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 Rave Restaurant. If investors know Rave 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 Rave Restaurant 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
0.914
Earnings Share
0.13
Revenue Per Share
0.836
Quarterly Revenue Growth
(0.03)
Return On Assets
0.1067
The market value of Rave Restaurant Group is measured differently than its book value, which is the value of Rave that is recorded on the company's balance sheet. Investors also form their own opinion of Rave Restaurant's value that differs from its market value or its book value, called intrinsic value, which is Rave 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 Rave Restaurant's market value can be influenced by many factors that don't directly affect Rave 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 Rave Restaurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rave Restaurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rave 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.