Wingstop Stock Market Value
| WING Stock | USD 338.41 5.20 1.56% |
| Symbol | Wingstop |
Wingstop 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 Wingstop. If investors know Wingstop 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 Wingstop 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 0.353 | Dividend Share 0.93 | Earnings Share 3.43 | Revenue Per Share 20.144 | Quarterly Revenue Growth 0.388 |
The market value of Wingstop is measured differently than its book value, which is the value of Wingstop that is recorded on the company's balance sheet. Investors also form their own opinion of Wingstop's value that differs from its market value or its book value, called intrinsic value, which is Wingstop'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 Wingstop's market value can be influenced by many factors that don't directly affect Wingstop'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 Wingstop's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wingstop is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wingstop'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.
Wingstop '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 Wingstop'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 Wingstop.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Wingstop on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Wingstop or generate 0.0% return on investment in Wingstop over 30 days. Wingstop is related to or competes with Papa Johns, Chipotle Mexican, Wendys, Dominos Pizza, Yum Brands, Darden Restaurants, and Brinker International. Wingstop Inc., together with its subsidiaries, franchises and operates restaurants under the Wingstop brand name More
Wingstop 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 Wingstop'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 Wingstop upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 26.7 | |||
| Value At Risk | (4.14) | |||
| Potential Upside | 3.9 |
Wingstop Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wingstop's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wingstop's standard deviation. In reality, there are many statistical measures that can use Wingstop historical prices to predict the future Wingstop's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.08) |
Wingstop Backtested Returns
Wingstop shows Sharpe Ratio of -0.0615, which attests that the company had a -0.0615% return per unit of risk over the last 3 months. Wingstop exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wingstop's Market Risk Adjusted Performance of (0.07), standard deviation of 3.49, and Mean Deviation of 2.07 to validate the risk estimate we provide. The firm maintains a market beta of 1.54, which attests to 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, Wingstop will likely underperform. At this point, Wingstop has a negative expected return of -0.21%. Please make sure to check out Wingstop's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Wingstop performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.67 |
Good predictability
Wingstop has good predictability. Overlapping area represents the amount of predictability between Wingstop 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 Wingstop price movement. The serial correlation of 0.67 indicates that around 67.0% of current Wingstop price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 50.91 |
Wingstop lagged returns against current returns
Autocorrelation, which is Wingstop 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 Wingstop's stock expected returns. We can calculate the autocorrelation of Wingstop returns to help us make a trade decision. For example, suppose you find that Wingstop 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 |
Wingstop 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 Wingstop stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wingstop stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wingstop stock over time.
Current vs Lagged Prices |
| Timeline |
Wingstop Lagged Returns
When evaluating Wingstop's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wingstop stock have on its future price. Wingstop 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, Wingstop autocorrelation shows the relationship between Wingstop stock current value and its past values and can show if there is a momentum factor associated with investing in Wingstop.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Wingstop is a strong investment it is important to analyze Wingstop's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wingstop's future performance. For an informed investment choice regarding Wingstop Stock, refer to the following important reports:Check out Wingstop Correlation, Wingstop Volatility and Wingstop Alpha and Beta module to complement your research on Wingstop. For more detail on how to invest in Wingstop Stock please use our How to Invest in Wingstop guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Wingstop 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.