TEXAS ROADHOUSE (Germany) Probability of Future Stock Price Finishing Under 180.21
| ROW Stock | EUR 158.90 1.20 0.75% |
TEXAS |
TEXAS ROADHOUSE Target Price Odds to finish below 180.21
The tendency of TEXAS Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under € 180.21 after 90 days |
| 158.90 | 90 days | 180.21 | close to 99 |
Based on a normal probability distribution, the odds of TEXAS ROADHOUSE to stay under € 180.21 after 90 days from now is close to 99 (This TEXAS ROADHOUSE probability density function shows the probability of TEXAS Stock to fall within a particular range of prices over 90 days) . Probability of TEXAS ROADHOUSE price to stay between its current price of € 158.90 and € 180.21 at the end of the 90-day period is about 7.82 .
Assuming the 90 days trading horizon TEXAS ROADHOUSE has a beta of 0.57 indicating as returns on the market go up, TEXAS ROADHOUSE average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TEXAS ROADHOUSE will be expected to be much smaller as well. Additionally TEXAS ROADHOUSE has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. TEXAS ROADHOUSE Price Density |
| Price |
Predictive Modules for TEXAS ROADHOUSE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TEXAS ROADHOUSE. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TEXAS ROADHOUSE'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.
TEXAS ROADHOUSE Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TEXAS ROADHOUSE is not an exception. The market had few large corrections towards the TEXAS ROADHOUSE's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold TEXAS ROADHOUSE, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TEXAS ROADHOUSE within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.57 | |
σ | Overall volatility | 4.48 | |
Ir | Information ratio | -0.04 |
TEXAS ROADHOUSE Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of TEXAS Stock often depends not only on the future outlook of the current and potential TEXAS ROADHOUSE's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. TEXAS ROADHOUSE's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 66.9 M | |
| Dividends Paid | 124.1 M |
TEXAS ROADHOUSE Technical Analysis
TEXAS ROADHOUSE's future price can be derived by breaking down and analyzing its technical indicators over time. TEXAS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TEXAS ROADHOUSE. In general, you should focus on analyzing TEXAS Stock price patterns and their correlations with different microeconomic environments and drivers.
TEXAS ROADHOUSE Predictive Forecast Models
TEXAS ROADHOUSE's time-series forecasting models is one of many TEXAS ROADHOUSE's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary TEXAS ROADHOUSE's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
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 TEXAS ROADHOUSE 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, TEXAS ROADHOUSE's short interest history, or implied volatility extrapolated from TEXAS ROADHOUSE options trading.
Additional Information and Resources on Investing in TEXAS Stock
When determining whether TEXAS ROADHOUSE offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TEXAS ROADHOUSE'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 Texas Roadhouse Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Texas Roadhouse Stock:Check out TEXAS ROADHOUSE Backtesting, TEXAS ROADHOUSE Valuation, TEXAS ROADHOUSE Correlation, TEXAS ROADHOUSE Hype Analysis, TEXAS ROADHOUSE Volatility, TEXAS ROADHOUSE History as well as TEXAS ROADHOUSE Performance. For information on how to trade TEXAS Stock refer to our How to Trade TEXAS Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.