BJs Competitors
| BJRI Stock | USD 40.54 0.22 0.55% |
BJs Restaurants vs Ballys Corp Correlation
Very good diversification
The correlation between BJs Restaurants and BALY is -0.39 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BJs Restaurants and BALY in the same portfolio, assuming nothing else is changed.
Moving together with BJs Stock
Moving against BJs Stock
| 0.91 | IH | Ihuman Inc | PairCorr |
| 0.85 | EM | Smart Share Global | PairCorr |
| 0.74 | VSTD | Vestand Symbol Change | PairCorr |
| 0.53 | VENU | Venu Holding | PairCorr |
| 0.31 | DNUT | Krispy Kreme Earnings Call This Week | PairCorr |
BJs Restaurants Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between BJs Restaurants and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of BJs and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of BJs Restaurants does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between BJs Stock performing well and BJs Restaurants Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze BJs Restaurants' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SG | 3.19 | (0.10) | (0.02) | 0.00 | 4.06 | 5.99 | 23.70 | |||
| CBRL | 2.95 | 0.07 | 0.04 | 0.09 | 3.10 | 7.62 | 13.74 | |||
| LQDT | 1.68 | 0.40 | 0.20 | 0.70 | 1.51 | 4.70 | 17.91 | |||
| BLMN | 3.01 | (0.07) | (0.01) | 0.02 | 4.01 | 6.80 | 22.59 | |||
| AXL | 2.40 | 0.60 | 0.19 | (0.82) | 2.14 | 8.55 | 13.56 | |||
| KRUS | 3.03 | 0.48 | 0.18 | 0.32 | 2.63 | 6.49 | 19.84 | |||
| MYE | 1.11 | 0.28 | 0.21 | 0.31 | 0.87 | 2.88 | 6.87 | |||
| ACEL | 1.22 | 0.00 | 0.00 | 0.06 | 1.48 | 2.73 | 7.30 | |||
| HDL | 1.47 | (0.03) | 0.00 | (0.17) | 0.00 | 3.37 | 9.34 | |||
| BALY | 2.91 | (0.54) | 0.00 | (0.29) | 0.00 | 5.47 | 16.79 |
Cross Equities Net Income Analysis
Compare BJs Restaurants and related stocks such as Sweetgreen, Cracker Barrel Old, and Liquidity Services Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SG | (21.2 M) | (21.2 M) | (21.2 M) | (21.2 M) | (21.2 M) | (21.2 M) | (21.2 M) | (33 M) | (18.1 M) | (67.9 M) | (141.2 M) | (153.2 M) | (190.4 M) | (113.4 M) | (90.4 M) | (81.3 M) | (85.4 M) |
| CBRL | 3.6 M | 103.1 M | 117.3 M | 132.1 M | 163.9 M | 189.3 M | 201.9 M | 247.6 M | 223.4 M | 110 M | 254.5 M | 131.9 M | 99 M | 40.9 M | 46.4 M | 53.3 M | 104 M |
| LQDT | 1.3 M | 48.3 M | 41.1 M | 30.4 M | (104.8 M) | (59.9 M) | (39.2 M) | (11.6 M) | (19.3 M) | (3.8 M) | 50.9 M | 40.3 M | 21 M | 20 M | 28.1 M | 32.3 M | 33.9 M |
| BLMN | (64.5 M) | 100 M | 50 M | 208.4 M | 91.1 M | 127.3 M | 41.7 M | 100.2 M | 107.1 M | 130.6 M | (158.7 M) | 215.6 M | 101.9 M | 247.4 M | (128 M) | (147.2 M) | (139.9 M) |
| KRUS | 707 K | 707 K | 707 K | 707 K | 707 K | 707 K | 707 K | 1.7 M | 1.5 M | (17.4 M) | (10.3 M) | (764 K) | 1.5 M | (8.8 M) | (1.9 M) | (1.7 M) | (1.8 M) |
| MYE | 3.4 M | 24.5 M | 30 M | 26 M | (6.4 M) | 17.2 M | 1.1 M | (9.9 M) | (3.3 M) | 24.3 M | 36.8 M | 33.5 M | 60.3 M | 48.9 M | 7.2 M | 8.3 M | 14.8 M |
| ACEL | 1.7 M | 1.7 M | 1.7 M | 1.7 M | 1.7 M | 1.7 M | 1.7 M | (376.4 K) | 6.9 M | (36.8 M) | (13 M) | 31.6 M | 74.1 M | 45.6 M | 35.3 M | 40.5 M | 42.6 M |
| HDL | (33 M) | (33 M) | (33 M) | (33 M) | (33 M) | (33 M) | (33 M) | (33 M) | (33 M) | (33 M) | (53.8 M) | (150.8 M) | (41.2 M) | 25.7 M | 21.8 M | 25.1 M | 26.3 M |
| BALY | 44.8 M | 44.8 M | 44.8 M | 44.8 M | 44.8 M | 44.8 M | 44.8 M | 62.2 M | 71.4 M | 55.1 M | (5.5 M) | (71.8 M) | (425.5 M) | (187.5 M) | (567.8 M) | (511 M) | (485.4 M) |
BJs Restaurants and related stocks such as Sweetgreen, Cracker Barrel Old, and Liquidity Services Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in BJs Restaurants financial statement analysis. It represents the amount of money remaining after all of BJs Restaurants operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.BJs Restaurants Competitive Analysis
The better you understand BJs Restaurants competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, BJs Restaurants' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across BJs Restaurants' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
BJs Restaurants Competition Performance Charts
Five steps to successful analysis of BJs Restaurants Competition
BJs Restaurants' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by BJs Restaurants in relation to its competition. BJs Restaurants' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of BJs Restaurants in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact BJs Restaurants' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to BJs Restaurants, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out BJs Restaurants Correlation with its peers. For more detail on how to invest in BJs Stock please use our How to Invest in BJs Restaurants guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is there potential for Hotels, Restaurants & Leisure market expansion? Will BJs introduce new products? Factors like these will boost the valuation of BJs Restaurants. Projected growth potential of BJs fundamentally drives upward valuation adjustments. Understanding fair value requires weighing current performance against future potential. All the valuation information about BJs Restaurants 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 0.347 | Earnings Share 1.36 | Revenue Per Share | Quarterly Revenue Growth 0.014 | Return On Assets |
Understanding BJs Restaurants requires distinguishing between market price and book value, where the latter reflects BJs's accounting equity. The concept of intrinsic value - what BJs Restaurants' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push BJs Restaurants' price substantially above or below its fundamental value.
It's important to distinguish between BJs Restaurants' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding BJs Restaurants should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, BJs Restaurants' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.