Texas Roadhouse Stock Market Value
| TXRH Stock | USD 178.95 0.63 0.35% |
| Symbol | Texas |
Texas Roadhouse 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 Texas Roadhouse. If investors know Texas 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 Texas Roadhouse 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 0.326 | Dividend Share 2.38 | Earnings Share 5.83 | Revenue Per Share | Quarterly Revenue Growth 0.135 |
The market value of Texas Roadhouse is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Roadhouse's value that differs from its market value or its book value, called intrinsic value, which is Texas Roadhouse'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 Texas Roadhouse's market value can be influenced by many factors that don't directly affect Texas Roadhouse'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 Texas Roadhouse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Roadhouse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Roadhouse'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.
Texas Roadhouse '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 Texas Roadhouse'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 Texas Roadhouse.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Texas Roadhouse on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Texas Roadhouse or generate 0.0% return on investment in Texas Roadhouse over 30 days. Texas Roadhouse is related to or competes with Brinker International, BJs Restaurants, Papa Johns, Bloomin Brands, Yum Brands, Dine Brands, and Dominos Pizza. Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and inter... More
Texas Roadhouse 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 Texas Roadhouse'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 Texas Roadhouse upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.43 | |||
| Information Ratio | 0.0077 | |||
| Maximum Drawdown | 8.91 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 3.16 |
Texas Roadhouse Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Texas Roadhouse's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Texas Roadhouse's standard deviation. In reality, there are many statistical measures that can use Texas Roadhouse historical prices to predict the future Texas Roadhouse's volatility.| Risk Adjusted Performance | 0.0268 | |||
| Jensen Alpha | 0.023 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0086 | |||
| Treynor Ratio | 0.0702 |
Texas Roadhouse Backtested Returns
Texas Roadhouse owns Efficiency Ratio (i.e., Sharpe Ratio) of -8.0E-4, which indicates the firm had a -8.0E-4% return per unit of risk over the last 3 months. Texas Roadhouse exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Texas Roadhouse's Semi Deviation of 1.39, risk adjusted performance of 0.0268, and Coefficient Of Variation of 3789.85 to confirm the risk estimate we provide. The entity has a beta of 0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Texas Roadhouse's returns are expected to increase less than the market. However, during the bear market, the loss of holding Texas Roadhouse is expected to be smaller as well. At this point, Texas Roadhouse has a negative expected return of -0.0013%. Please make sure to validate Texas Roadhouse's expected short fall, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Texas Roadhouse performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.21 |
Weak predictability
Texas Roadhouse has weak predictability. Overlapping area represents the amount of predictability between Texas Roadhouse time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Texas Roadhouse price movement. The serial correlation of 0.21 indicates that over 21.0% of current Texas Roadhouse price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 2.37 |
Texas Roadhouse lagged returns against current returns
Autocorrelation, which is Texas Roadhouse 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 Texas Roadhouse's stock expected returns. We can calculate the autocorrelation of Texas Roadhouse returns to help us make a trade decision. For example, suppose you find that Texas Roadhouse 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 |
Texas Roadhouse 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 Texas Roadhouse stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Texas Roadhouse stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Texas Roadhouse stock over time.
Current vs Lagged Prices |
| Timeline |
Texas Roadhouse Lagged Returns
When evaluating Texas Roadhouse's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Texas Roadhouse stock have on its future price. Texas Roadhouse 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, Texas Roadhouse autocorrelation shows the relationship between Texas Roadhouse stock current value and its past values and can show if there is a momentum factor associated with investing in Texas Roadhouse.
Regressed Prices |
| Timeline |
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Check out Texas Roadhouse Correlation, Texas Roadhouse Volatility and Texas Roadhouse Alpha and Beta module to complement your research on Texas Roadhouse. For more detail on how to invest in Texas Stock please use our How to Invest in Texas Roadhouse guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Texas Roadhouse 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.