Rave Change To Netincome from 2010 to 2024

RAVE Stock  USD 2.64  0.04  1.49%   
Rave Restaurant's Change To Netincome is decreasing over the years with very volatile fluctuation. Change To Netincome is expected to dwindle to about 555.7 K. During the period from 2010 to 2024 Rave Restaurant Change To Netincome annual values regression line had geometric mean of  249,938 and mean square error of 8 T. View All Fundamentals
 
Change To Netincome  
First Reported
2011-09-30
Previous Quarter
280 K
Current Value
280 K
Quarterly Volatility
1.6 M
 
Yuan Drop
 
Covid
Check Rave Restaurant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rave Restaurant's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 M, Interest Expense of 160.7 K or Total Revenue of 11.5 M, as well as many indicators such as Price To Sales Ratio of 2.32, Dividend Yield of 0.0389 or PTB Ratio of 2.01. Rave financial statements analysis is a perfect complement when working with Rave Restaurant Valuation or Volatility modules.
  
Check out the analysis of Rave Restaurant Correlation against competitors.

Latest Rave Restaurant's Change To Netincome Growth Pattern

Below is the plot of the Change To Netincome of Rave Restaurant Group over the last few years. It is Rave Restaurant's Change To Netincome historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rave Restaurant's overall financial position and show how it may be relating to other accounts over time.
Change To Netincome10 Years Trend
Very volatile
   Change To Netincome   
       Timeline  

Rave Change To Netincome Regression Statistics

Arithmetic Mean643,958
Geometric Mean249,938
Coefficient Of Variation424.91
Mean Deviation1,795,999
Median555,724
Standard Deviation2,736,236
Sample Variance7.5T
Range11.6M
R-Value(0.08)
Mean Square Error8T
R-Squared0.01
Significance0.77
Slope(50,635)
Total Sum of Squares104.8T

Rave Change To Netincome History

2024555.7 K
2023767.7 K
2022853 K
2021-5.6 M
2020-445 K
20194.8 M
2018951 K

About Rave Restaurant Financial Statements

Rave Restaurant stakeholders use historical fundamental indicators, such as Rave Restaurant's Change To Netincome, to determine how well the company is positioned to perform in the future. Although Rave Restaurant investors may analyze each financial statement separately, they are all interrelated. For example, changes in Rave Restaurant's assets and liabilities are reflected in the revenues and expenses on Rave Restaurant's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Rave Restaurant Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Netincome767.7 K555.7 K

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When determining whether Rave Restaurant Group is a strong investment it is important to analyze Rave Restaurant'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 Rave Restaurant's future performance. For an informed investment choice regarding Rave Stock, refer to the following important reports:
Check out the analysis of Rave Restaurant Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Rave Restaurant. If investors know Rave 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 Rave Restaurant 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
0.322
Earnings Share
0.18
Revenue Per Share
0.832
Quarterly Revenue Growth
(0.01)
Return On Assets
0.1224
The market value of Rave Restaurant Group is measured differently than its book value, which is the value of Rave that is recorded on the company's balance sheet. Investors also form their own opinion of Rave Restaurant's value that differs from its market value or its book value, called intrinsic value, which is Rave Restaurant'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 Rave Restaurant's market value can be influenced by many factors that don't directly affect Rave Restaurant'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 Rave Restaurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rave Restaurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rave Restaurant'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.