Wingstop Stock Market Value
| WING Stock | USD 347.37 9.03 2.53% |
| Symbol | Wingstop |
Wingstop Price To Book Ratio
Is Wingstop'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 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 0.088 | Dividend Share 0.82 | Earnings Share 2.34 | Revenue Per Share 15.454 | Quarterly Revenue Growth 0.212 |
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.
| 10/22/2023 |
| 04/19/2024 |
If you would invest 0.00 in Wingstop on October 22, 2023 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 180 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.
| Downside Deviation | 2.66 | |||
| Information Ratio | 0.1584 | |||
| Maximum Drawdown | 13.23 | |||
| Value At Risk | (4.36) | |||
| Potential Upside | 3.68 |
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 | 0.1233 | |||
| Jensen Alpha | 0.3795 | |||
| Total Risk Alpha | 0.2077 | |||
| Sortino Ratio | 0.1394 | |||
| Treynor Ratio | 0.4994 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wingstop'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.
Wingstop Backtested Returns
Wingstop appears to be very steady, given 3 months investment horizon. Wingstop shows Sharpe Ratio of 0.17, which attests that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wingstop, which you can use to evaluate the volatility of the company. Please utilize Wingstop's Downside Deviation of 2.66, mean deviation of 1.73, and Market Risk Adjusted Performance of 0.5094 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wingstop holds a performance score of 13. The firm maintains a market beta of 0.86, which attests to possible diversification benefits within a given portfolio. Wingstop returns are very sensitive to returns on the market. As the market goes up or down, Wingstop is expected to follow. Please check Wingstop's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Wingstop's historical returns will revert.
Auto-correlation | 0.92 |
Excellent predictability
Wingstop has excellent predictability. Overlapping area represents the amount of predictability between Wingstop time series from 22nd of October 2023 to 20th of January 2024 and 20th of January 2024 to 19th 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 Wingstop price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Wingstop price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 1055.15 |
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 |
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 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Wingstop Stock analysis
When running Wingstop's price analysis, check to measure Wingstop'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 Wingstop is operating at the current time. Most of Wingstop's value examination focuses on studying past and present price action to predict the probability of Wingstop's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wingstop's price. Additionally, you may evaluate how the addition of Wingstop to your portfolios can decrease your overall portfolio volatility.
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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.