Bloomin Brands Stock Market Value
| BLMN Stock | USD 12.79 0.20 1.59% |
| Symbol | Bloomin |
Bloomin Brands Price To Book Ratio
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 Bloomin Brands. If investors know Bloomin 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 Bloomin Brands 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 (0.82) | Dividend Share 0.96 | Earnings Share (0.08) | Revenue Per Share 53.29 | Quarterly Revenue Growth (0.04) |
The market value of Bloomin Brands is measured differently than its book value, which is the value of Bloomin that is recorded on the company's balance sheet. Investors also form their own opinion of Bloomin Brands' value that differs from its market value or its book value, called intrinsic value, which is Bloomin Brands' 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 Bloomin Brands' market value can be influenced by many factors that don't directly affect Bloomin Brands' 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 Bloomin Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bloomin Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bloomin Brands' 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.
Bloomin Brands 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Bloomin Brands' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Bloomin Brands.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Bloomin Brands on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Bloomin Brands or generate 0.0% return on investment in Bloomin Brands over 30 days. Bloomin Brands is related to or competes with Chipotle Mexican, Eshallgo, Amtech Systems, Gold Fields, Aegean Airlines, Dorian LPG, and Merck. Bloomin Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in... More
Bloomin Brands Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Bloomin Brands' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Bloomin Brands upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 17.72 | |||
| Value At Risk | (4.86) | |||
| Potential Upside | 3.57 |
Bloomin Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bloomin Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bloomin Brands' standard deviation. In reality, there are many statistical measures that can use Bloomin Brands historical prices to predict the future Bloomin Brands' volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.65) | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | (0.30) |
Bloomin Brands Backtested Returns
Bloomin Brands secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of risk over the last 3 months. Bloomin Brands exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bloomin Brands' Risk Adjusted Performance of (0.12), standard deviation of 2.92, and Mean Deviation of 2.1 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.64, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bloomin Brands will likely underperform. At this point, Bloomin Brands has a negative expected return of -0.46%. Please make sure to confirm Bloomin Brands' potential upside, as well as the relationship between the rate of daily change and relative strength index , to decide if Bloomin Brands performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Bloomin Brands has insignificant reverse predictability. Overlapping area represents the amount of predictability between Bloomin Brands time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bloomin Brands price movement. The serial correlation of -0.2 indicates that over 20.0% of current Bloomin Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 1.42 |
Bloomin Brands lagged returns against current returns
Autocorrelation, which is Bloomin Brands stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Bloomin Brands' stock expected returns. We can calculate the autocorrelation of Bloomin Brands returns to help us make a trade decision. For example, suppose you find that Bloomin Brands has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Bloomin Brands regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Bloomin Brands stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bloomin Brands stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bloomin Brands stock over time.
Current vs Lagged Prices |
| Timeline |
Bloomin Brands Lagged Returns
When evaluating Bloomin Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bloomin Brands stock have on its future price. Bloomin Brands autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Bloomin Brands autocorrelation shows the relationship between Bloomin Brands stock current value and its past values and can show if there is a momentum factor associated with investing in Bloomin Brands.
Regressed Prices |
| Timeline |
Pair Trading with Bloomin Brands
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bloomin Brands position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bloomin Brands will appreciate offsetting losses from the drop in the long position's value.Moving against Bloomin Stock
| 0.84 | BROS | Dutch Bros | PairCorr |
| 0.78 | EAT | Brinker International | PairCorr |
| 0.74 | PLYA | Playa Hotels Resorts | PairCorr |
| 0.71 | BH | Biglari Holdings | PairCorr |
| 0.67 | EVRI | Everi Holdings | PairCorr |
The ability to find closely correlated positions to Bloomin Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bloomin Brands when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bloomin Brands - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bloomin Brands to buy it.
The correlation of Bloomin Brands is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bloomin Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bloomin Brands moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bloomin Brands can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Bloomin Brands Correlation, Bloomin Brands Volatility and Bloomin Brands Alpha and Beta module to complement your research on Bloomin Brands. To learn how to invest in Bloomin Stock, please use our How to Invest in Bloomin Brands guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Bloomin Brands 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.