Darden Restaurants (Germany) Market Value
| DDN Stock | 165.95 1.05 0.64% |
| Symbol | Darden |
Darden Restaurants '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 Darden Restaurants' 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 Darden Restaurants.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Darden Restaurants on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Darden Restaurants or generate 0.0% return on investment in Darden Restaurants over 30 days. Darden Restaurants is related to or competes with Apple, Apple, Apple, Apple, Apple, Microsoft, and Microsoft. More
Darden Restaurants 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 Darden Restaurants' 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 Darden Restaurants upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | 0.096 | |||
| Maximum Drawdown | 10.23 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 2.84 |
Darden Restaurants Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Darden Restaurants' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Darden Restaurants' standard deviation. In reality, there are many statistical measures that can use Darden Restaurants historical prices to predict the future Darden Restaurants' volatility.| Risk Adjusted Performance | 0.1409 | |||
| Jensen Alpha | 0.1659 | |||
| Total Risk Alpha | 0.0312 | |||
| Sortino Ratio | 0.1399 | |||
| Treynor Ratio | 0.3115 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Darden Restaurants' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Darden Restaurants Backtested Returns
Darden Restaurants appears to be very steady, given 3 months investment horizon. Darden Restaurants secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Darden Restaurants, which you can use to evaluate the volatility of the firm. Please utilize Darden Restaurants' Coefficient Of Variation of 564.0, downside deviation of 1.06, and Mean Deviation of 1.08 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Darden Restaurants holds a performance score of 14. The firm shows a Beta (market volatility) of 0.85, which means possible diversification benefits within a given portfolio. As returns on the market increase, Darden Restaurants' returns are expected to increase less than the market. However, during the bear market, the loss of holding Darden Restaurants is expected to be smaller as well. Please check Darden Restaurants' semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Darden Restaurants' price patterns will revert.
Auto-correlation | 0.80 |
Very good predictability
Darden Restaurants has very good predictability. Overlapping area represents the amount of predictability between Darden Restaurants time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Darden Restaurants price movement. The serial correlation of 0.8 indicates that around 80.0% of current Darden Restaurants price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 15.15 |
Darden Restaurants lagged returns against current returns
Autocorrelation, which is Darden Restaurants 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 Darden Restaurants' stock expected returns. We can calculate the autocorrelation of Darden Restaurants returns to help us make a trade decision. For example, suppose you find that Darden Restaurants 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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Darden Restaurants 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 Darden Restaurants stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Darden Restaurants stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Darden Restaurants stock over time.
Current vs Lagged Prices |
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Darden Restaurants Lagged Returns
When evaluating Darden Restaurants' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Darden Restaurants stock have on its future price. Darden Restaurants 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, Darden Restaurants autocorrelation shows the relationship between Darden Restaurants stock current value and its past values and can show if there is a momentum factor associated with investing in Darden Restaurants.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Darden Stock Analysis
When running Darden Restaurants' price analysis, check to measure Darden Restaurants' 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 Darden Restaurants is operating at the current time. Most of Darden Restaurants' value examination focuses on studying past and present price action to predict the probability of Darden Restaurants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Darden Restaurants' price. Additionally, you may evaluate how the addition of Darden Restaurants to your portfolios can decrease your overall portfolio volatility.