Texas Roadhouse Stock Probability of Future Stock Price Finishing Under 165.52
| TXRH Stock | USD 194.90 2.34 1.22% |
Closest to current price Texas long CALL Option Payoff at Expiration
Texas |
Texas Roadhouse Target Price Odds to finish below 165.52
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 drop to $ 165.52 or more in 90 days |
| 194.90 | 90 days | 165.52 | about 12.72 |
Based on a normal probability distribution, the odds of Texas Roadhouse to drop to $ 165.52 or more in 90 days from now is about 12.72 (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 $ 165.52 and its current price of $194.9 at the end of the 90-day period is about 78.97 .
Given the investment horizon of 90 days Texas Roadhouse has a beta of 0.82. This usually implies as returns on the market go up, Texas Roadhouse average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Texas Roadhouse will be expected to be much smaller as well. Additionally Texas Roadhouse has an alpha of 0.1184, implying that it can generate a 0.12 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 | 0.12 | |
β | Beta against Dow Jones | 0.82 | |
σ | Overall volatility | 11.63 | |
Ir | Information ratio | 0.06 |
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 is unlikely to experience financial distress in the next 2 years | |
| Texas Roadhouse currently holds 773.69 M in liabilities with Debt to Equity (D/E) ratio of 0.79, which is about average as compared to similar companies. Texas Roadhouse has a current ratio of 0.52, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Texas Roadhouse's use of debt, we should always consider it together with its cash and equity. | |
| Texas Roadhouse has a strong financial position based on the latest SEC filings | |
| Over 96.0% of Texas Roadhouse shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Texas Roadhouse, Inc. Stock Holdings Trimmed by Moran Wealth Management LLC |
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 | 67.1 M | |
| Cash And Short Term Investments | 104.2 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 is unlikely to experience financial distress in the next 2 years | |
| Texas Roadhouse currently holds 773.69 M in liabilities with Debt to Equity (D/E) ratio of 0.79, which is about average as compared to similar companies. Texas Roadhouse has a current ratio of 0.52, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Texas Roadhouse's use of debt, we should always consider it together with its cash and equity. | |
| Texas Roadhouse has a strong financial position based on the latest SEC filings | |
| Over 96.0% of Texas Roadhouse shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Texas Roadhouse, Inc. Stock Holdings Trimmed by Moran Wealth Management LLC |
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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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 Texas Roadhouse. If investors know Texas 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 Texas Roadhouse 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 0.326 | Dividend Share 2.38 | Earnings Share 5.82 | Revenue Per Share 76.363 | Quarterly Revenue Growth 0.135 |
The market value of Texas Roadhouse is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Roadhouse's value that differs from its market value or its book value, called intrinsic value, which is Texas Roadhouse'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 Texas Roadhouse's market value can be influenced by many factors that don't directly affect Texas Roadhouse'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 Texas Roadhouse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Roadhouse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Roadhouse'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.