Bjs Restaurants Stock Probability of Future Stock Price Finishing Under 30.27
| BJRI Stock | USD 36.70 1.22 3.44% |
Closest to current price BJs long CALL Option Payoff at Expiration
BJs |
BJs Restaurants Target Price Odds to finish below 30.27
The tendency of BJs 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 drop to $ 30.27 or more in 90 days |
| 36.70 | 90 days | 30.27 | under 4 |
Based on a normal probability distribution, the odds of BJs Restaurants to drop to $ 30.27 or more in 90 days from now is under 4 (This BJs Restaurants probability density function shows the probability of BJs Stock to fall within a particular range of prices over 90 days) . Probability of BJs Restaurants price to stay between $ 30.27 and its current price of $36.7 at the end of the 90-day period is about 79.86 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.8 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, BJs Restaurants will likely underperform. Additionally BJs Restaurants has an alpha of 0.1709, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BJs Restaurants Price Density |
| Price |
Predictive Modules for BJs Restaurants
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BJs Restaurants. 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.BJs Restaurants Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BJs Restaurants is not an exception. The market had few large corrections towards the BJs Restaurants' 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 BJs Restaurants, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BJs Restaurants within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | 1.80 | |
σ | Overall volatility | 2.33 | |
Ir | Information ratio | 0.1 |
BJs Restaurants Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of BJs Restaurants for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BJs Restaurants can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BJs Restaurants currently holds 519.5 M in liabilities with Debt to Equity (D/E) ratio of 1.54, which is about average as compared to similar companies. BJs Restaurants has a current ratio of 0.42, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about BJs Restaurants' use of debt, we should always consider it together with its cash and equity. | |
| BJs Restaurants has a strong financial position based on the latest SEC filings | |
| Over 100.0% of BJs Restaurants shares are held by institutions such as insurance companies | |
| Latest headline from patch.com: Disposition of 242000 shares by Fund 1 Investments, Llc of BJs Restaurants at 35.53 subject to Rule 16b-3 |
BJs Restaurants 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 BJs Stock often depends not only on the future outlook of the current and potential BJs Restaurants' 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. BJs Restaurants' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 23.9 M | |
| Cash And Short Term Investments | 29.1 M |
BJs Restaurants Technical Analysis
BJs Restaurants' future price can be derived by breaking down and analyzing its technical indicators over time. BJs Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BJs Restaurants. In general, you should focus on analyzing BJs Stock price patterns and their correlations with different microeconomic environments and drivers.
BJs Restaurants Predictive Forecast Models
BJs Restaurants' time-series forecasting models is one of many BJs Restaurants' 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 BJs Restaurants' 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.
Things to note about BJs Restaurants
Checking the ongoing alerts about BJs Restaurants for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BJs Restaurants help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BJs Restaurants currently holds 519.5 M in liabilities with Debt to Equity (D/E) ratio of 1.54, which is about average as compared to similar companies. BJs Restaurants has a current ratio of 0.42, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about BJs Restaurants' use of debt, we should always consider it together with its cash and equity. | |
| BJs Restaurants has a strong financial position based on the latest SEC filings | |
| Over 100.0% of BJs Restaurants shares are held by institutions such as insurance companies | |
| Latest headline from patch.com: Disposition of 242000 shares by Fund 1 Investments, Llc of BJs Restaurants at 35.53 subject to Rule 16b-3 |
Check out BJs Restaurants Backtesting, BJs Restaurants Valuation, BJs Restaurants Correlation, BJs Restaurants Hype Analysis, BJs Restaurants Volatility, BJs Restaurants History as well as BJs Restaurants Performance. For more detail on how to invest in BJs Stock please use our How to Invest in BJs Restaurants guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Hotels, Restaurants & Leisure space 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 BJs Restaurants. If investors know BJs 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 BJs Restaurants 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 0.44 | Earnings Share 1.26 | Revenue Per Share 57.499 | Quarterly Revenue Growth 0.022 | Return On Assets 0.0172 |
The market value of BJs Restaurants is measured differently than its book value, which is the value of BJs that is recorded on the company's balance sheet. Investors also form their own opinion of BJs Restaurants' value that differs from its market value or its book value, called intrinsic value, which is BJs Restaurants' 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 BJs Restaurants' market value can be influenced by many factors that don't directly affect BJs Restaurants' 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 BJs Restaurants' value and its price as these two are different measures arrived at by different means. Investors typically determine if BJs Restaurants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BJs Restaurants' 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.