Texas Roadhouse (Germany) Probability of Future Stock Price Finishing Over 184.25
| ROW Stock | EUR 183.90 1.55 0.85% |
Texas |
Texas Roadhouse Target Price Odds to finish over 184.25
The tendency of Texas Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over € 184.25 or more in 90 days |
| 183.90 | 90 days | 184.25 | about 5.86 |
Based on a normal probability distribution, the odds of Texas Roadhouse to move over € 184.25 or more in 90 days from now is about 5.86 (This Texas Roadhouse probability density function shows the probability of Texas Stock to fall within a particular range of prices over 90 days) . Probability of Texas Roadhouse price to stay between its current price of € 183.90 and € 184.25 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Texas Roadhouse has a beta of -0.19 indicating as returns on the benchmark increase, returns on holding Texas Roadhouse are expected to decrease at a much lower rate. During a bear market, however, Texas Roadhouse is likely to outperform the market. Additionally Texas Roadhouse has an alpha of 0.3324, implying that it can generate a 0.33 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Texas Roadhouse Price Density |
| Price |
Predictive Modules for Texas Roadhouse
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Texas Roadhouse. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Texas Roadhouse Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Texas Roadhouse is not an exception. The market had few large corrections towards the Texas Roadhouse's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Texas Roadhouse, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Texas Roadhouse within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 13.65 | |
Ir | Information ratio | 0.10 |
Texas Roadhouse Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Texas Roadhouse for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Texas Roadhouse can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Texas Roadhouse has accumulated 50 M in total debt with debt to equity ratio (D/E) of 57.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Texas Roadhouse has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Texas Roadhouse until it has trouble settling it off, either with new capital or with free cash flow. So, Texas Roadhouse's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Texas Roadhouse sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Texas to invest in growth at high rates of return. When we think about Texas Roadhouse's use of debt, we should always consider it together with cash and equity. | |
| Over 99.0% of Texas Roadhouse shares are owned by institutional investors |
Texas Roadhouse Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Texas Stock often depends not only on the future outlook of the current and potential Texas Roadhouse's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Texas Roadhouse's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 66.9 M |
Texas Roadhouse Technical Analysis
Texas Roadhouse's future price can be derived by breaking down and analyzing its technical indicators over time. Texas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Texas Roadhouse. In general, you should focus on analyzing Texas Stock price patterns and their correlations with different microeconomic environments and drivers.
Texas Roadhouse Predictive Forecast Models
Texas Roadhouse's time-series forecasting models is one of many Texas Roadhouse's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Texas Roadhouse's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Texas Roadhouse
Checking the ongoing alerts about Texas Roadhouse for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Texas Roadhouse help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Texas Roadhouse has accumulated 50 M in total debt with debt to equity ratio (D/E) of 57.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Texas Roadhouse has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Texas Roadhouse until it has trouble settling it off, either with new capital or with free cash flow. So, Texas Roadhouse's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Texas Roadhouse sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Texas to invest in growth at high rates of return. When we think about Texas Roadhouse's use of debt, we should always consider it together with cash and equity. | |
| Over 99.0% of Texas Roadhouse shares are owned by institutional investors |
Additional Information and Resources on Investing in Texas Stock
When determining whether Texas Roadhouse offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Texas Roadhouse's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Texas Roadhouse Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Texas Roadhouse Stock:Check out Texas Roadhouse Backtesting, Texas Roadhouse Valuation, Texas Roadhouse Correlation, Texas Roadhouse Hype Analysis, Texas Roadhouse Volatility, Texas Roadhouse History as well as Texas Roadhouse Performance. For more detail on how to invest in Texas Stock please use our How to Invest in Texas Roadhouse guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.