Sweetgreen Stock Market Value
| SG Stock | USD 31.56 8.00 33.96% |
| Symbol | Sweetgreen |
Sweetgreen Price To Book Ratio
Is Sweetgreen'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 Sweetgreen. If investors know Sweetgreen 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 Sweetgreen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.01) | Revenue Per Share 5.219 | Quarterly Revenue Growth 0.291 | Return On Assets (0.08) | Return On Equity (0.22) |
The market value of Sweetgreen is measured differently than its book value, which is the value of Sweetgreen that is recorded on the company's balance sheet. Investors also form their own opinion of Sweetgreen's value that differs from its market value or its book value, called intrinsic value, which is Sweetgreen'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 Sweetgreen's market value can be influenced by many factors that don't directly affect Sweetgreen'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 Sweetgreen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sweetgreen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sweetgreen'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.
Sweetgreen '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 Sweetgreen'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 Sweetgreen.
| 04/11/2024 |
| 05/11/2024 |
If you would invest 0.00 in Sweetgreen on April 11, 2024 and sell it all today you would earn a total of 0.00 from holding Sweetgreen or generate 0.0% return on investment in Sweetgreen over 30 days. Sweetgreen is related to or competes with Cannae Holdings, Brinker International, Jack In, Biglari Holdings, Wingstop, Papa Johns, and Chipotle Mexican. Sweetgreen, Inc., together with its subsidiaries, develops and operates fast-casual restaurants serving healthy foods pr... More
Sweetgreen 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 Sweetgreen'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 Sweetgreen upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.71 | |||
| Information Ratio | 0.2236 | |||
| Maximum Drawdown | 39.81 | |||
| Value At Risk | (7.26) | |||
| Potential Upside | 7.93 |
Sweetgreen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sweetgreen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sweetgreen's standard deviation. In reality, there are many statistical measures that can use Sweetgreen historical prices to predict the future Sweetgreen's volatility.| Risk Adjusted Performance | 0.1562 | |||
| Jensen Alpha | 1.33 | |||
| Total Risk Alpha | 0.6504 | |||
| Sortino Ratio | 0.2613 | |||
| Treynor Ratio | (3.62) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sweetgreen'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.
Sweetgreen Backtested Returns
Sweetgreen is slightly risky given 3 months investment horizon. Sweetgreen owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the firm had a 0.24% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.7% are justified by taking the suggested risk. Use Sweetgreen Semi Deviation of 3.52, risk adjusted performance of 0.1562, and Coefficient Of Variation of 418.86 to evaluate company specific risk that cannot be diversified away. Sweetgreen holds a performance score of 19 on a scale of zero to a hundred. The entity has a beta of -0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sweetgreen are expected to decrease at a much lower rate. During the bear market, Sweetgreen is likely to outperform the market. Use Sweetgreen potential upside, and the relationship between the total risk alpha and kurtosis , to analyze future returns on Sweetgreen.
Auto-correlation | 0.59 |
Modest predictability
Sweetgreen has modest predictability. Overlapping area represents the amount of predictability between Sweetgreen time series from 11th of April 2024 to 26th of April 2024 and 26th of April 2024 to 11th of May 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 Sweetgreen price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Sweetgreen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 8.03 |
Sweetgreen lagged returns against current returns
Autocorrelation, which is Sweetgreen 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 Sweetgreen's stock expected returns. We can calculate the autocorrelation of Sweetgreen returns to help us make a trade decision. For example, suppose you find that Sweetgreen 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 |
Sweetgreen 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 Sweetgreen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sweetgreen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sweetgreen stock over time.
Current vs Lagged Prices |
| Timeline |
Sweetgreen Lagged Returns
When evaluating Sweetgreen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sweetgreen stock have on its future price. Sweetgreen 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, Sweetgreen autocorrelation shows the relationship between Sweetgreen stock current value and its past values and can show if there is a momentum factor associated with investing in Sweetgreen.
Regressed Prices |
| Timeline |
Sweetgreen Investors Sentiment
The influence of Sweetgreen's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Sweetgreen. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Sweetgreen's public news can be used to forecast risks associated with an investment in Sweetgreen. The trend in average sentiment can be used to explain how an investor holding Sweetgreen can time the market purely based on public headlines and social activities around Sweetgreen. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Sweetgreen's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sweetgreen's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Sweetgreen's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Sweetgreen.
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 Sweetgreen 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, Sweetgreen's short interest history, or implied volatility extrapolated from Sweetgreen options trading.
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When determining whether Sweetgreen is a strong investment it is important to analyze Sweetgreen'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 Sweetgreen's future performance. For an informed investment choice regarding Sweetgreen Stock, refer to the following important reports:Check out Sweetgreen Correlation, Sweetgreen Volatility and Sweetgreen Alpha and Beta module to complement your research on Sweetgreen. For more detail on how to invest in Sweetgreen Stock please use our How to Invest in Sweetgreen guide.Note that the Sweetgreen information on this page should be used as a complementary analysis to other Sweetgreen'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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When running Sweetgreen's price analysis, check to measure Sweetgreen'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 Sweetgreen is operating at the current time. Most of Sweetgreen's value examination focuses on studying past and present price action to predict the probability of Sweetgreen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sweetgreen's price. Additionally, you may evaluate how the addition of Sweetgreen to your portfolios can decrease your overall portfolio volatility.
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Sweetgreen 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.