Red Robin Gourmet Stock Market Value
| RRGB Stock | USD 5.20 0.28 5.69% |
| Symbol | Red |
Red Robin Gourmet 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 Red Robin. If investors know Red 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 Red Robin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.29) | Revenue Per Share 81.497 | Quarterly Revenue Growth (0.01) | Return On Assets (0.02) | Return On Equity (2.38) |
The market value of Red Robin Gourmet is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Robin's value that differs from its market value or its book value, called intrinsic value, which is Red Robin's 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 Red Robin's market value can be influenced by many factors that don't directly affect Red Robin's 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 Red Robin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Robin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Robin's 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.
Red Robin '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 Red Robin'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 Red Robin.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Red Robin on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Red Robin Gourmet or generate 0.0% return on investment in Red Robin over 30 days. Red Robin is related to or competes with Dine Brands, Bloomin Brands, BJs Restaurants, Cheesecake Factory, Brinker International, Texas Roadhouse, and Papa Johns. Red Robin Gourmet Burgers, Inc., together with its subsidiaries, develops, operates, and franchises full-service and cas... More
Red Robin 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 Red Robin'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 Red Robin Gourmet upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.09 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 31.08 | |||
| Value At Risk | (7.60) | |||
| Potential Upside | 6.2 |
Red Robin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Red Robin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Red Robin's standard deviation. In reality, there are many statistical measures that can use Red Robin historical prices to predict the future Red Robin's volatility.| Risk Adjusted Performance | 0.0226 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.60) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0834 |
Red Robin Gourmet Backtested Returns
Red Robin appears to be moderately volatile, given 3 months investment horizon. Red Robin Gourmet maintains Sharpe Ratio (i.e., Efficiency) of 0.0879, which implies the firm had a 0.0879% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Red Robin Gourmet, which you can use to evaluate the volatility of the company. Please evaluate Red Robin's Coefficient Of Variation of 5447.3, risk adjusted performance of 0.0226, and Semi Deviation of 4.79 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Red Robin holds a performance score of 6. The company holds a Beta of 1.04, which implies a somewhat significant risk relative to the market. Red Robin returns are very sensitive to returns on the market. As the market goes up or down, Red Robin is expected to follow. Please check Red Robin's information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether Red Robin's historical price patterns will revert.
Auto-correlation | -0.37 |
Poor reverse predictability
Red Robin Gourmet has poor reverse predictability. Overlapping area represents the amount of predictability between Red Robin 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 Red Robin Gourmet price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Red Robin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Red Robin Gourmet lagged returns against current returns
Autocorrelation, which is Red Robin 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 Red Robin's stock expected returns. We can calculate the autocorrelation of Red Robin returns to help us make a trade decision. For example, suppose you find that Red Robin 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 |
Red Robin 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 Red Robin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Red Robin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Red Robin stock over time.
Current vs Lagged Prices |
| Timeline |
Red Robin Lagged Returns
When evaluating Red Robin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Red Robin stock have on its future price. Red Robin 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, Red Robin autocorrelation shows the relationship between Red Robin stock current value and its past values and can show if there is a momentum factor associated with investing in Red Robin Gourmet.
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.When determining whether Red Robin Gourmet offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Red Robin's 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 Red Robin Gourmet Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Red Robin Gourmet Stock:Check out Red Robin Correlation, Red Robin Volatility and Red Robin Alpha and Beta module to complement your research on Red Robin. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Red Robin 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.