Red Robin Gourmet Stock Probability of Future Stock Price Finishing Under 6.19
| RRGB Stock | USD 5.20 0.00 0.00% |
Red |
Red Robin Target Price Odds to finish below 6.19
The tendency of Red 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 stay under $ 6.19 after 90 days |
| 5.20 | 90 days | 6.19 | about 92.12 |
Based on a normal probability distribution, the odds of Red Robin to stay under $ 6.19 after 90 days from now is about 92.12 (This Red Robin Gourmet probability density function shows the probability of Red Stock to fall within a particular range of prices over 90 days) . Probability of Red Robin Gourmet price to stay between its current price of $ 5.20 and $ 6.19 at the end of the 90-day period is about 25.31 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.04 indicating Red Robin Gourmet market returns are sensitive to returns on the market. As the market goes up or down, Red Robin is expected to follow. Additionally Red Robin Gourmet has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Red Robin Price Density |
| Price |
Predictive Modules for Red Robin
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Red Robin Gourmet. 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.Red Robin Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Red Robin is not an exception. The market had few large corrections towards the Red Robin'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 Red Robin Gourmet, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Red Robin within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 1.04 | |
σ | Overall volatility | 1.01 | |
Ir | Information ratio | -0.0024 |
Red Robin 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 Red Robin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Red Robin Gourmet can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Red Robin Gourmet is way too risky over 90 days horizon | |
| Red Robin Gourmet appears to be risky and price may revert if volatility continues | |
| Red Robin Gourmet currently holds 618.54 M in liabilities. Red Robin Gourmet has a current ratio of 0.53, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Red Robin's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 1.3 B. Net Loss for the year was (21.23 M) with profit before overhead, payroll, taxes, and interest of 195.97 M. | |
| Red Robin Gourmet currently holds about 50.34 M in cash with (1.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.17. | |
| Roughly 60.0% of the company shares are owned by institutional investors | |
| Latest headline from insidermonkey.com: Red Robin Gourmet Burgers Loyalty Program Success Amid Financial Challenges |
Red Robin 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 Red Stock often depends not only on the future outlook of the current and potential Red Robin'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. Red Robin's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.8 M | |
| Cash And Short Term Investments | 23.6 M |
Red Robin Technical Analysis
Red Robin's future price can be derived by breaking down and analyzing its technical indicators over time. Red Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Red Robin Gourmet. In general, you should focus on analyzing Red Stock price patterns and their correlations with different microeconomic environments and drivers.
Red Robin Predictive Forecast Models
Red Robin's time-series forecasting models is one of many Red Robin'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 Red Robin'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 Red Robin Gourmet
Checking the ongoing alerts about Red Robin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Red Robin Gourmet help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Red Robin Gourmet is way too risky over 90 days horizon | |
| Red Robin Gourmet appears to be risky and price may revert if volatility continues | |
| Red Robin Gourmet currently holds 618.54 M in liabilities. Red Robin Gourmet has a current ratio of 0.53, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Red Robin's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 1.3 B. Net Loss for the year was (21.23 M) with profit before overhead, payroll, taxes, and interest of 195.97 M. | |
| Red Robin Gourmet currently holds about 50.34 M in cash with (1.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.17. | |
| Roughly 60.0% of the company shares are owned by institutional investors | |
| Latest headline from insidermonkey.com: Red Robin Gourmet Burgers Loyalty Program Success Amid Financial Challenges |
Check out Red Robin Backtesting, Red Robin Valuation, Red Robin Correlation, Red Robin Hype Analysis, Red Robin Volatility, Red Robin History as well as Red Robin Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Hotels, Restaurants & Leisure space 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 Red Robin. If investors know Red 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 Red Robin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.29) | Revenue Per Share 81.497 | Quarterly Revenue Growth (0.01) | Return On Assets (0.02) | Return On Equity (2.38) |
The market value of Red Robin Gourmet is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Robin's value that differs from its market value or its book value, called intrinsic value, which is Red Robin'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 Red Robin's market value can be influenced by many factors that don't directly affect Red Robin'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 Red Robin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Robin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Robin'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.