Nathans Famous Stock Market Value
| NATH Stock | USD 84.05 0.26 0.31% |
| Symbol | Nathans |
Nathans Famous 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 Nathans Famous. If investors know Nathans 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 Nathans Famous 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 0.05 | Dividend Share 2 | Earnings Share 5.34 | Revenue Per Share 35.204 | Quarterly Revenue Growth 0.061 |
The market value of Nathans Famous is measured differently than its book value, which is the value of Nathans that is recorded on the company's balance sheet. Investors also form their own opinion of Nathans Famous' value that differs from its market value or its book value, called intrinsic value, which is Nathans Famous' 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 Nathans Famous' market value can be influenced by many factors that don't directly affect Nathans Famous' 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 Nathans Famous' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nathans Famous is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nathans Famous' 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.
Nathans Famous '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 Nathans Famous' 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 Nathans Famous.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Nathans Famous on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Nathans Famous or generate 0.0% return on investment in Nathans Famous over 720 days. Nathans Famous is related to or competes with Noble Romans, Good Times, Flanigans Enterprises, FAT Brands, El Pollo, Ark Restaurants, and Biglari Holdings. Nathans Famous, Inc., together with its subsidiaries, operates in the foodservice industry More
Nathans Famous 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 Nathans Famous' 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 Nathans Famous upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.85 | |||
| Information Ratio | 0.0501 | |||
| Maximum Drawdown | 9.2 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 3.11 |
Nathans Famous Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nathans Famous' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nathans Famous' standard deviation. In reality, there are many statistical measures that can use Nathans Famous historical prices to predict the future Nathans Famous' volatility.| Risk Adjusted Performance | 0.0878 | |||
| Jensen Alpha | 0.0768 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0519 | |||
| Treynor Ratio | 0.1639 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nathans Famous' 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.
Nathans Famous Backtested Returns
Nathans Famous is very steady at the moment. Nathans Famous has Sharpe Ratio of 0.0794, which conveys that the firm had a 0.0794% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nathans Famous, which you can use to evaluate the volatility of the firm. Please verify Nathans Famous' Mean Deviation of 1.56, downside deviation of 1.85, and Risk Adjusted Performance of 0.0878 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. Nathans Famous has a performance score of 6 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.19, which conveys 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, Nathans Famous will likely underperform. Nathans Famous right now secures a risk of 1.86%. Please verify Nathans Famous expected short fall, and the relationship between the value at risk and daily balance of power , to decide if Nathans Famous will be following its current price movements.
Auto-correlation | -0.54 |
Good reverse predictability
Nathans Famous has good reverse predictability. Overlapping area represents the amount of predictability between Nathans Famous time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 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 Nathans Famous price movement. The serial correlation of -0.54 indicates that about 54.0% of current Nathans Famous price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 44.14 |
Nathans Famous lagged returns against current returns
Autocorrelation, which is Nathans Famous 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 Nathans Famous' stock expected returns. We can calculate the autocorrelation of Nathans Famous returns to help us make a trade decision. For example, suppose you find that Nathans Famous 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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Nathans Famous 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 Nathans Famous stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nathans Famous stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nathans Famous stock over time.
Current vs Lagged Prices |
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Nathans Famous Lagged Returns
When evaluating Nathans Famous' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nathans Famous stock have on its future price. Nathans Famous 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, Nathans Famous autocorrelation shows the relationship between Nathans Famous stock current value and its past values and can show if there is a momentum factor associated with investing in Nathans Famous.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Nathans Famous offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nathans Famous' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nathans Famous Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nathans Famous Stock:Check out Nathans Famous Correlation, Nathans Famous Volatility and Nathans Famous Alpha and Beta module to complement your research on Nathans Famous. For more detail on how to invest in Nathans Stock please use our How to Invest in Nathans Famous guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Nathans Famous 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.