Texas Roadhouse Stock Market Value
| TXRH Stock | USD 202.12 7.22 3.70% |
| 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 76.363 | 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.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Texas Roadhouse on October 27, 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 | 1.19 | |||
| Information Ratio | 0.0688 | |||
| Maximum Drawdown | 7.67 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 3.28 |
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 | 0.1209 | |||
| Jensen Alpha | 0.131 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0921 | |||
| Treynor Ratio | 0.28 |
Texas Roadhouse Backtested Returns
Texas Roadhouse appears to be very steady, given 3 months investment horizon. Texas Roadhouse owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Texas Roadhouse, which you can use to evaluate the volatility of the company. Please review Texas Roadhouse's Semi Deviation of 0.9844, coefficient of variation of 662.88, and Risk Adjusted Performance of 0.1209 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Texas Roadhouse holds a performance score of 13. The entity has a beta of 0.82, 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. Please check Texas Roadhouse's expected short fall, as well as the relationship between the rate of daily change and relative strength index , to make a quick decision on whether Texas Roadhouse's existing price patterns will revert.
Auto-correlation | -0.09 |
Very weak reverse predictability
Texas Roadhouse has very weak reverse predictability. Overlapping area represents the amount of predictability between Texas Roadhouse time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Texas Roadhouse price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Texas Roadhouse price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 8.81 |
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 |
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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 |
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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 |
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Currently Active Assets on Macroaxis
When determining whether Texas Roadhouse offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Texas Roadhouse'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 Texas Roadhouse Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Texas Roadhouse Stock: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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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.