Texas Roadhouse Stock Technical Analysis
TXRH Stock | USD 150.82 2.10 1.41% |
As of the 17th of April 2024, Texas Roadhouse has the Semi Deviation of 0.5476, risk adjusted performance of 0.1483, and Coefficient Of Variation of 443.74. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Texas Roadhouse, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Texas Roadhouse, which can be compared to its competition. Please validate Texas Roadhouse standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Texas Roadhouse is priced more or less accurately, providing market reflects its prevalent price of 150.82 per share. Given that Texas Roadhouse has jensen alpha of 0.3405, we advise you to double-check Texas Roadhouse's current market performance to make sure the company can sustain itself at a future point.
Texas Roadhouse Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Texas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TexasTexas |
Texas Roadhouse Analyst Consensus
Target Price | Advice | # of Analysts | |
116.96 | Buy | 28 | Odds |
Most Texas analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Texas stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Texas Roadhouse, talking to its executives and customers, or listening to Texas conference calls.
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.
Texas Roadhouse Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Texas Roadhouse volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Texas Roadhouse Trend Analysis
Use this graph to draw trend lines for Texas Roadhouse. You can use it to identify possible trend reversals for Texas Roadhouse as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Texas Roadhouse price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Texas Roadhouse Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Texas Roadhouse applied against its price change over selected period. The best fit line has a slop of 0.52 , which means Texas Roadhouse will continue generating value for investors. It has 122 observation points and a regression sum of squares at 10316.48, which is the sum of squared deviations for the predicted Texas Roadhouse price change compared to its average price change.About Texas Roadhouse Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Texas Roadhouse on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Texas Roadhouse based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Texas Roadhouse price pattern first instead of the macroeconomic environment surrounding Texas Roadhouse. By analyzing Texas Roadhouse's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Texas Roadhouse's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Texas Roadhouse specific price patterns or momentum indicators. Please read more on our technical analysis page.
2013 | 2018 | 2019 | 2024 (projected) | Dividend Yield | 0.0241 | 0.0179 | 0.0258 | 0.0271 | Price To Sales Ratio | 1.37 | 1.78 | 1.44 | 2.24 |
Texas Roadhouse April 17, 2024 Technical Indicators
Most technical analysis of Texas help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Texas from various momentum indicators to cycle indicators. When you analyze Texas charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.1483 | |||
Market Risk Adjusted Performance | 0.5643 | |||
Mean Deviation | 1.08 | |||
Semi Deviation | 0.5476 | |||
Downside Deviation | 0.9887 | |||
Coefficient Of Variation | 443.74 | |||
Standard Deviation | 1.7 | |||
Variance | 2.89 | |||
Information Ratio | 0.1912 | |||
Jensen Alpha | 0.3405 | |||
Total Risk Alpha | 0.2433 | |||
Sortino Ratio | 0.3285 | |||
Treynor Ratio | 0.5543 | |||
Maximum Drawdown | 13.22 | |||
Value At Risk | (1.49) | |||
Potential Upside | 2.6 | |||
Downside Variance | 0.9775 | |||
Semi Variance | 0.2999 | |||
Expected Short fall | (1.30) | |||
Skewness | 3.11 | |||
Kurtosis | 17.26 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Roadhouse. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Texas Stock analysis
When running Texas Roadhouse's price analysis, check to measure Texas Roadhouse'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 Texas Roadhouse is operating at the current time. Most of Texas Roadhouse's value examination focuses on studying past and present price action to predict the probability of Texas Roadhouse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Texas Roadhouse's price. Additionally, you may evaluate how the addition of Texas Roadhouse to your portfolios can decrease your overall portfolio volatility.
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Is Texas Roadhouse'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 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 0.215 | Dividend Share 2.2 | Earnings Share 4.54 | Revenue Per Share 69.24 | Quarterly Revenue Growth 0.153 |
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.