Chipotle Mexican (Mexico) Market Value
| CMG Stock | MXN 1,251 36.22 2.81% |
| Symbol | Chipotle |
Chipotle Mexican '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 Chipotle Mexican's 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 Chipotle Mexican.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Chipotle Mexican on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Chipotle Mexican Grill or generate 0.0% return on investment in Chipotle Mexican over 360 days. Chipotle Mexican is related to or competes with GMxico Transportes, Southwest Airlines, United Airlines, Verizon Communications, United States, and Monster Beverage. Chipotle Mexican Grill, Inc., together with its subsidiaries, operates Chipotle Mexican Grill restaurants More
Chipotle Mexican 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 Chipotle Mexican's 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 Chipotle Mexican Grill upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.09 | |||
| Information Ratio | 0.0312 | |||
| Maximum Drawdown | 11.18 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 3.51 |
Chipotle Mexican Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chipotle Mexican's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chipotle Mexican's standard deviation. In reality, there are many statistical measures that can use Chipotle Mexican historical prices to predict the future Chipotle Mexican's volatility.| Risk Adjusted Performance | 0.0792 | |||
| Jensen Alpha | 0.0948 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0322 | |||
| Treynor Ratio | 0.2488 |
Chipotle Mexican Grill Backtested Returns
Chipotle Mexican appears to be very steady, given 3 months investment horizon. Chipotle Mexican Grill secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Chipotle Mexican Grill, which you can use to evaluate the volatility of the firm. Please makes use of Chipotle Mexican's Downside Deviation of 2.09, risk adjusted performance of 0.0792, and Mean Deviation of 1.6 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Chipotle Mexican holds a performance score of 8. The firm shows a Beta (market volatility) of 0.78, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Chipotle Mexican's returns are expected to increase less than the market. However, during the bear market, the loss of holding Chipotle Mexican is expected to be smaller as well. Please check Chipotle Mexican's coefficient of variation, sortino ratio, potential upside, as well as the relationship between the jensen alpha and maximum drawdown , to make a quick decision on whether Chipotle Mexican's price patterns will revert.
Auto-correlation | -0.37 |
Poor reverse predictability
Chipotle Mexican Grill has poor reverse predictability. Overlapping area represents the amount of predictability between Chipotle Mexican time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 Chipotle Mexican Grill price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Chipotle Mexican price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 289.7 M |
Chipotle Mexican Grill lagged returns against current returns
Autocorrelation, which is Chipotle Mexican 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 Chipotle Mexican's stock expected returns. We can calculate the autocorrelation of Chipotle Mexican returns to help us make a trade decision. For example, suppose you find that Chipotle Mexican 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 |
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Chipotle Mexican 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 Chipotle Mexican stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chipotle Mexican stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chipotle Mexican stock over time.
Current vs Lagged Prices |
| Timeline |
Chipotle Mexican Lagged Returns
When evaluating Chipotle Mexican's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chipotle Mexican stock have on its future price. Chipotle Mexican 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, Chipotle Mexican autocorrelation shows the relationship between Chipotle Mexican stock current value and its past values and can show if there is a momentum factor associated with investing in Chipotle Mexican Grill.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Chipotle Stock Analysis
When running Chipotle Mexican's price analysis, check to measure Chipotle Mexican'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 Chipotle Mexican is operating at the current time. Most of Chipotle Mexican's value examination focuses on studying past and present price action to predict the probability of Chipotle Mexican's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chipotle Mexican's price. Additionally, you may evaluate how the addition of Chipotle Mexican to your portfolios can decrease your overall portfolio volatility.