El Pollo Loco Stock Market Value
| LOCO Stock | USD 12.38 0.08 0.64% |
| Symbol | LOCO |
El Pollo Loco Price To Book Ratio
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 El Pollo. If investors know LOCO 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 El Pollo 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 (0.24) | Earnings Share 0.79 | Revenue Per Share 15.422 | Return On Assets 0.0435 | Return On Equity 0.0937 |
The market value of El Pollo Loco is measured differently than its book value, which is the value of LOCO that is recorded on the company's balance sheet. Investors also form their own opinion of El Pollo's value that differs from its market value or its book value, called intrinsic value, which is El Pollo'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 El Pollo's market value can be influenced by many factors that don't directly affect El Pollo'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 El Pollo's value and its price as these two are different measures arrived at by different means. Investors typically determine if El Pollo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, El Pollo'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.
El Pollo '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 El Pollo's 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 El Pollo.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in El Pollo on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding El Pollo Loco or generate 0.0% return on investment in El Pollo over 30 days. El Pollo is related to or competes with FAT Brands, Potbelly, BJs Restaurants, One Group, Dine Brands, Brinker International, and Bloomin Brands. El Pollo Loco Holdings, Inc., through its subsidiary, El Pollo Loco, Inc., develops, franchises, licenses, and operates ... More
El Pollo 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 El Pollo's 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 El Pollo Loco upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 9.84 | |||
| Value At Risk | (2.63) | |||
| Potential Upside | 2.38 |
El Pollo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for El Pollo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as El Pollo's standard deviation. In reality, there are many statistical measures that can use El Pollo historical prices to predict the future El Pollo's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of El Pollo'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.
El Pollo Loco Backtested Returns
El Pollo Loco retains Efficiency (Sharpe Ratio) of -0.0807, which denotes the company had a -0.0807% return per unit of price deviation over the last 3 months. El Pollo exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm El Pollo's Information Ratio of (0.11), market risk adjusted performance of (0.05), and Standard Deviation of 1.76 to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 1.5, 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, El Pollo will likely underperform. At this point, El Pollo Loco has a negative expected return of -0.14%. Please make sure to confirm El Pollo's skewness, and the relationship between the total risk alpha and day median price , to decide if El Pollo Loco performance from the past will be repeated in the future.
Auto-correlation | 0.38 |
Below average predictability
El Pollo Loco has below average predictability. Overlapping area represents the amount of predictability between El Pollo time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 El Pollo Loco price movement. The serial correlation of 0.38 indicates that just about 38.0% of current El Pollo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
El Pollo Loco lagged returns against current returns
Autocorrelation, which is El Pollo 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 El Pollo's stock expected returns. We can calculate the autocorrelation of El Pollo returns to help us make a trade decision. For example, suppose you find that El Pollo 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 |
| Timeline |
El Pollo 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 El Pollo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if El Pollo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in El Pollo stock over time.
Current vs Lagged Prices |
| Timeline |
El Pollo Lagged Returns
When evaluating El Pollo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of El Pollo stock have on its future price. El Pollo 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, El Pollo autocorrelation shows the relationship between El Pollo stock current value and its past values and can show if there is a momentum factor associated with investing in El Pollo Loco.
Regressed Prices |
| Timeline |
Pair Trading with El Pollo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if El Pollo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in El Pollo will appreciate offsetting losses from the drop in the long position's value.Moving together with LOCO Stock
Moving against LOCO Stock
| 0.79 | EAT | Brinker International | PairCorr |
| 0.75 | WH | Wyndham Hotels Resorts | PairCorr |
| 0.74 | CHH | Choice Hotels Intern | PairCorr |
| 0.72 | BYD | Boyd Gaming | PairCorr |
| 0.72 | KRUS | Kura Sushi USA | PairCorr |
The ability to find closely correlated positions to El Pollo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace El Pollo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back El Pollo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling El Pollo Loco to buy it.
The correlation of El Pollo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as El Pollo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if El Pollo Loco moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for El Pollo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out El Pollo Correlation, El Pollo Volatility and El Pollo Alpha and Beta module to complement your research on El Pollo. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
El Pollo 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.