First Watch Restaurant Stock Price on December 31, 2023
| FWRG Stock | USD 17.98 0.52 2.98% |
If you're considering investing in First Stock, it is important to understand the factors that can impact its price. As of today, the current price of First Watch stands at 17.98, as last reported on the 22nd of November, with the highest price reaching 17.98 and the lowest price hitting 16.82 during the day. At this point, First Watch is not too volatile. First Watch Restaurant secures Sharpe Ratio (or Efficiency) of 0.026, which denotes the company had a 0.026% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First Watch Restaurant, which you can use to evaluate the volatility of the firm. Please confirm First Watch's Coefficient Of Variation of 2886.34, mean deviation of 2.25, and Downside Deviation of 3.11 to check if the risk estimate we provide is consistent with the expected return of 0.0877%.
The First Watch's current Common Stock Shares Outstanding is estimated to increase to about 63 M, while Total Stockholder Equity is projected to decrease to roughly 479.2 M. . At this time, First Watch's Price Book Value Ratio is most likely to increase slightly in the upcoming years. The First Watch's current Price Earnings To Growth Ratio is estimated to increase to 0.28, while Price To Operating Cash Flows Ratio is projected to decrease to 11.67. First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = 0.026
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | FWRG | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.37 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average First Watch is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of First Watch by adding it to a well-diversified portfolio.
Price Book 1.8249 | Enterprise Value Ebitda 18.2707 | Price Sales 1.0781 | Shares Float 32.6 M | Wall Street Target Price 23.5455 |
First Watch Valuation on December 31, 2023
It is possible to determine the worth of First Watch on a given historical date. On December 31, 2023 First was worth 19.98 at the beginning of the trading date compared to the closed value of 20.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Watch stock. Still, in general, we apply an absolute valuation method to find First Watch's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of First Watch where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Watch's related companies.
| Open | High | Low | Close | Volume | |
| 20.54 | 20.66 | 20.02 | 20.03 | 447,600 | |
12/29/2023 | 19.98 | 20.22 | 19.83 | 20.10 | 279,400 |
| 19.88 | 19.99 | 19.54 | 19.62 | 327,600 |
| Backtest First Watch | | | First Watch History | | | First Watch Valuation | Previous | Next |
First Watch Trading Date Momentum on December 31, 2023
| On January 02 2024 First Watch Restaurant was traded for 19.62 at the closing time. The top price for the day was 19.99 and the lowest listed price was 19.54 . The trading volume for the day was 327.6 K. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.39% . The overall trading delta against the current closing price is 5.77% . |
First Watch Restaurant Fundamentals Correlations and Trends
By evaluating First Watch's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among First Watch's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. First financial account trend analysis is a perfect complement when working with valuation or volatility modules.About First Watch Stock history
First Watch investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Watch Restaurant will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing First Watch stock prices may prove useful in developing a viable investing in First Watch
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 61.2 M | 63 M | |
| Net Income Applicable To Common Shares | 7.9 M | 8.3 M |
First Watch Stock Technical Analysis
First Watch 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.
Price Boundaries
First Watch Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
First Watch Restaurant cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
First Watch November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how First Watch stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Watch shares will generate the highest return on investment. By undertsting and applying First Watch stock market strength indicators, traders can identify First Watch Restaurant entry and exit signals to maximize returns
First Watch Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Watch's price direction in advance. Along with the technical and fundamental analysis of First Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of First to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0341 | |||
| Jensen Alpha | 0.0517 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0019 | |||
| Treynor Ratio | 0.1953 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for First Stock analysis
When running First Watch's price analysis, check to measure First Watch'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 First Watch is operating at the current time. Most of First Watch's value examination focuses on studying past and present price action to predict the probability of First Watch's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Watch's price. Additionally, you may evaluate how the addition of First Watch to your portfolios can decrease your overall portfolio volatility.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Money Managers Screen money managers from public funds and ETFs managed around the world |