Red Robin Gourmet Stock Market Value
| RRGB Stock | USD 6.50 0.10 1.52% |
| Symbol | Red |
Red Robin Gourmet Price To Book Ratio
Is Red Robin's industry 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 (1.34) | Revenue Per Share 82.289 | Quarterly Revenue Growth 0.067 | Return On Assets (0.0002) | 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.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Red Robin on March 26, 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, Chuys Holdings, Brinker International, and Texas Roadhouse. 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.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 18.11 | |||
| Value At Risk | (6.71) | |||
| Potential Upside | 6.67 |
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 | (0.1) | |||
| Jensen Alpha | (0.93) | |||
| Total Risk Alpha | (1.22) | |||
| Treynor Ratio | (0.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Red Robin's 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.
Red Robin Gourmet Backtested Returns
Red Robin Gourmet maintains Sharpe Ratio (i.e., Efficiency) of -0.17, which implies the firm had a -0.17% return per unit of risk over the last 3 months. Red Robin Gourmet exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Red Robin's Variance of 15.7, coefficient of variation of (597.16), and Risk Adjusted Performance of (0.1) to confirm the risk estimate we provide. The company holds a Beta of 3.04, which implies 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, Red Robin will likely underperform. Red Robin Gourmet has an expected return of -0.68%. Please make sure to check Red Robin Gourmet total risk alpha, kurtosis, price action indicator, as well as the relationship between the value at risk and rate of daily change , to decide if Red Robin Gourmet performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.5 |
Modest reverse predictability
Red Robin Gourmet has modest reverse predictability. Overlapping area represents the amount of predictability between Red Robin time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 -0.5 indicates that about 50.0% of current Red Robin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
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 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Red Robin in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Red Robin's short interest history, or implied volatility extrapolated from Red Robin options trading.
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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. Note that the Red Robin Gourmet information on this page should be used as a complementary analysis to other Red Robin's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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When running Red Robin's price analysis, check to measure Red Robin's 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 Red Robin is operating at the current time. Most of Red Robin's value examination focuses on studying past and present price action to predict the probability of Red Robin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Robin's price. Additionally, you may evaluate how the addition of Red Robin to your portfolios can decrease your overall portfolio volatility.
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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.