Darden Restaurants (Germany) Market Value
| DDN Stock | EUR 175.35 21.80 14.20% |
| Symbol | Darden |
Darden Restaurants '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 Darden Restaurants' 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 Darden Restaurants.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in Darden Restaurants on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Darden Restaurants or generate 0.0% return on investment in Darden Restaurants over 30 days. Darden Restaurants is related to or competes with Starbucks, Starbucks, Compass Group, Yum Brands, COMPASS GROUP, Restaurant Brands, and Yum China. Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and ... More
Darden Restaurants 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 Darden Restaurants' 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 Darden Restaurants upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | 0.0842 | |||
| Maximum Drawdown | 11.38 | |||
| Value At Risk | (2.35) | |||
| Potential Upside | 4.01 |
Darden Restaurants Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Darden Restaurants' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Darden Restaurants' standard deviation. In reality, there are many statistical measures that can use Darden Restaurants historical prices to predict the future Darden Restaurants' volatility.| Risk Adjusted Performance | 0.0836 | |||
| Jensen Alpha | 0.2054 | |||
| Total Risk Alpha | 0.1652 | |||
| Sortino Ratio | 0.1631 | |||
| Treynor Ratio | 0.1692 |
Darden Restaurants Backtested Returns
Darden Restaurants appears to be very steady, given 3 months investment horizon. Darden Restaurants secures Sharpe Ratio (or Efficiency) of 0.0879, which denotes the company had a 0.0879% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Darden Restaurants, which you can use to evaluate the volatility of the firm. Please utilize Darden Restaurants' Downside Deviation of 1.31, coefficient of variation of 1032.28, and Mean Deviation of 1.51 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Darden Restaurants holds a performance score of 6. The firm shows a Beta (market volatility) of 1.4, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Darden Restaurants will likely underperform. Please check Darden Restaurants' sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Darden Restaurants' price patterns will revert.
Auto-correlation | -0.47 |
Modest reverse predictability
Darden Restaurants has modest reverse predictability. Overlapping area represents the amount of predictability between Darden Restaurants time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd of December 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 Darden Restaurants price movement. The serial correlation of -0.47 indicates that about 47.0% of current Darden Restaurants price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 47.64 |
Darden Restaurants lagged returns against current returns
Autocorrelation, which is Darden Restaurants 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 Darden Restaurants' stock expected returns. We can calculate the autocorrelation of Darden Restaurants returns to help us make a trade decision. For example, suppose you find that Darden Restaurants 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 |
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Darden Restaurants 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 Darden Restaurants stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Darden Restaurants stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Darden Restaurants stock over time.
Current vs Lagged Prices |
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Darden Restaurants Lagged Returns
When evaluating Darden Restaurants' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Darden Restaurants stock have on its future price. Darden Restaurants 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, Darden Restaurants autocorrelation shows the relationship between Darden Restaurants stock current value and its past values and can show if there is a momentum factor associated with investing in Darden Restaurants.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Darden Stock
When determining whether Darden Restaurants offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Darden Restaurants' 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 Darden Restaurants Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Darden Restaurants Stock:Check out Darden Restaurants Correlation, Darden Restaurants Volatility and Darden Restaurants Alpha and Beta module to complement your research on Darden Restaurants. For more detail on how to invest in Darden Stock please use our How to Invest in Darden Restaurants guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Darden Restaurants 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.