Shake Shack Stock Probability of Future Stock Price Finishing Over 119.09
| SHAK Stock | USD 131.59 3.25 2.41% |
Shake |
Shake Shack Target Price Odds to finish over 119.09
The tendency of Shake 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 above $ 119.09 in 90 days |
| 131.59 | 90 days | 119.09 | about 45.32 |
Based on a normal probability distribution, the odds of Shake Shack to stay above $ 119.09 in 90 days from now is about 45.32 (This Shake Shack probability density function shows the probability of Shake Stock to fall within a particular range of prices over 90 days) . Probability of Shake Shack price to stay between $ 119.09 and its current price of $131.59 at the end of the 90-day period is about 33.03 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.09 . This usually implies Shake Shack market returns are very sensitive to returns on the market. As the market goes up or down, Shake Shack is expected to follow. Additionally Shake Shack has an alpha of 0.305, implying that it can generate a 0.3 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Shake Shack Price Density |
| Price |
Predictive Modules for Shake Shack
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shake Shack. 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.Shake Shack Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shake Shack is not an exception. The market had few large corrections towards the Shake Shack'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 Shake Shack, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shake Shack within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.30 | |
β | Beta against Dow Jones | 1.09 | |
σ | Overall volatility | 11.98 | |
Ir | Information ratio | 0.14 |
Shake Shack 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 Shake Shack for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shake Shack can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Shake Shack Upgraded to Buy What Does It Mean for the Stock |
Shake Shack 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 Shake Stock often depends not only on the future outlook of the current and potential Shake Shack'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. Shake Shack's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.9 M | |
| Cash And Short Term Investments | 293.2 M |
Shake Shack Technical Analysis
Shake Shack's future price can be derived by breaking down and analyzing its technical indicators over time. Shake Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shake Shack. In general, you should focus on analyzing Shake Stock price patterns and their correlations with different microeconomic environments and drivers.
Shake Shack Predictive Forecast Models
Shake Shack's time-series forecasting models is one of many Shake Shack'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 Shake Shack'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.
Things to note about Shake Shack
Checking the ongoing alerts about Shake Shack for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shake Shack help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Shake Shack Upgraded to Buy What Does It Mean for the Stock |
Check out Shake Shack Backtesting, Shake Shack Valuation, Shake Shack Correlation, Shake Shack Hype Analysis, Shake Shack Volatility, Shake Shack History as well as Shake Shack Performance. For more information on how to buy Shake Stock please use our How to buy in Shake Stock guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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 Shake Shack. If investors know Shake 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 Shake Shack 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 0.397 | Earnings Share 0.2 | Revenue Per Share 30.494 | Quarterly Revenue Growth 0.147 | Return On Assets 0.0102 |
The market value of Shake Shack is measured differently than its book value, which is the value of Shake that is recorded on the company's balance sheet. Investors also form their own opinion of Shake Shack's value that differs from its market value or its book value, called intrinsic value, which is Shake Shack'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 Shake Shack's market value can be influenced by many factors that don't directly affect Shake Shack'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 Shake Shack's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shake Shack is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shake Shack'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.