Pinstripes Holdings Stock Market Value
| PNST Stock | 0.88 0 0.45% |
| Symbol | Pinstripes |
Pinstripes Holdings 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 Pinstripes Holdings. If investors know Pinstripes 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 Pinstripes Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.36) | Revenue Per Share 4.128 | Quarterly Revenue Growth 0.189 | Return On Assets (0.12) |
The market value of Pinstripes Holdings is measured differently than its book value, which is the value of Pinstripes that is recorded on the company's balance sheet. Investors also form their own opinion of Pinstripes Holdings' value that differs from its market value or its book value, called intrinsic value, which is Pinstripes Holdings' 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 Pinstripes Holdings' market value can be influenced by many factors that don't directly affect Pinstripes Holdings' 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 Pinstripes Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pinstripes Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pinstripes Holdings' 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.
Pinstripes Holdings '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 Pinstripes Holdings' 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 Pinstripes Holdings.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Pinstripes Holdings on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Pinstripes Holdings or generate 0.0% return on investment in Pinstripes Holdings over 720 days. Pinstripes Holdings is related to or competes with Bloomin Brands, BJs Restaurants, Darden Restaurants, Wingstop, Dominos Pizza, Cracker Barrel, and Jack In. Pinstripes Holdings is entity of United States More
Pinstripes Holdings 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 Pinstripes Holdings' 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 Pinstripes Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 46.78 | |||
| Value At Risk | (13.98) | |||
| Potential Upside | 9.23 |
Pinstripes Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pinstripes Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pinstripes Holdings' standard deviation. In reality, there are many statistical measures that can use Pinstripes Holdings historical prices to predict the future Pinstripes Holdings' volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (1.21) | |||
| Total Risk Alpha | (2.07) | |||
| Treynor Ratio | (1.48) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pinstripes Holdings' 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.
Pinstripes Holdings Backtested Returns
Pinstripes Holdings maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13% return per unit of risk over the last 3 months. Pinstripes Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pinstripes Holdings' Coefficient Of Variation of (719.07), variance of 66.28, and Risk Adjusted Performance of (0.1) to confirm the risk estimate we provide. The company holds a Beta of 0.77, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pinstripes Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Pinstripes Holdings is expected to be smaller as well. At this point, Pinstripes Holdings has a negative expected return of -1.11%. Please make sure to check Pinstripes Holdings' jensen alpha, kurtosis, as well as the relationship between the Kurtosis and period momentum indicator , to decide if Pinstripes Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Pinstripes Holdings has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Pinstripes Holdings 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 Pinstripes Holdings price movement. The serial correlation of -0.78 indicates that around 78.0% of current Pinstripes Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 7.27 |
Pinstripes Holdings lagged returns against current returns
Autocorrelation, which is Pinstripes Holdings 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 Pinstripes Holdings' stock expected returns. We can calculate the autocorrelation of Pinstripes Holdings returns to help us make a trade decision. For example, suppose you find that Pinstripes Holdings 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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Pinstripes Holdings 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 Pinstripes Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pinstripes Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pinstripes Holdings stock over time.
Current vs Lagged Prices |
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Pinstripes Holdings Lagged Returns
When evaluating Pinstripes Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pinstripes Holdings stock have on its future price. Pinstripes Holdings 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, Pinstripes Holdings autocorrelation shows the relationship between Pinstripes Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Pinstripes Holdings.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Pinstripes Stock Analysis
When running Pinstripes Holdings' price analysis, check to measure Pinstripes Holdings' 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 Pinstripes Holdings is operating at the current time. Most of Pinstripes Holdings' value examination focuses on studying past and present price action to predict the probability of Pinstripes Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinstripes Holdings' price. Additionally, you may evaluate how the addition of Pinstripes Holdings to your portfolios can decrease your overall portfolio volatility.