Portillos Stock Market Value
| PTLO Stock | USD 11.09 0.46 3.98% |
| Symbol | Portillos |
Portillos 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 Portillos. If investors know Portillos 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 Portillos 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 0.571 | Earnings Share 0.42 | Revenue Per Share 12.071 | Quarterly Revenue Growth 0.069 | Return On Assets 0.0254 |
The market value of Portillos is measured differently than its book value, which is the value of Portillos that is recorded on the company's balance sheet. Investors also form their own opinion of Portillos' value that differs from its market value or its book value, called intrinsic value, which is Portillos' 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 Portillos' market value can be influenced by many factors that don't directly affect Portillos' 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 Portillos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Portillos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Portillos' 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.
Portillos '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 Portillos' 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 Portillos.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Portillos on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Portillos or generate 0.0% return on investment in Portillos over 30 days. Portillos is related to or competes with Brinker International, Bloomin Brands, Wingstop, Papa Johns, Chipotle Mexican, Wendys, and Dominos Pizza. Portillos Inc. owns and operates fast casual and quick service restaurants in the United States More
Portillos 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 Portillos' 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 Portillos upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 12.73 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 4.15 |
Portillos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Portillos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Portillos' standard deviation. In reality, there are many statistical measures that can use Portillos historical prices to predict the future Portillos' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.15) |
Portillos Backtested Returns
Portillos maintains Sharpe Ratio (i.e., Efficiency) of -0.0362, which implies the firm had a -0.0362% return per unit of risk over the last 3 months. Portillos exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Portillos' Coefficient Of Variation of (1,982), variance of 6.01, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The company holds a Beta of 0.87, which implies possible diversification benefits within a given portfolio. Portillos returns are very sensitive to returns on the market. As the market goes up or down, Portillos is expected to follow. At this point, Portillos has a negative expected return of -0.0894%. Please make sure to check Portillos' maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Portillos performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.63 |
Very good reverse predictability
Portillos has very good reverse predictability. Overlapping area represents the amount of predictability between Portillos time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 Portillos price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Portillos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Portillos lagged returns against current returns
Autocorrelation, which is Portillos 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 Portillos' stock expected returns. We can calculate the autocorrelation of Portillos returns to help us make a trade decision. For example, suppose you find that Portillos 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 |
Portillos 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 Portillos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Portillos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Portillos stock over time.
Current vs Lagged Prices |
| Timeline |
Portillos Lagged Returns
When evaluating Portillos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Portillos stock have on its future price. Portillos 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, Portillos autocorrelation shows the relationship between Portillos stock current value and its past values and can show if there is a momentum factor associated with investing in Portillos.
Regressed Prices |
| Timeline |
Pair Trading with Portillos
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 Portillos 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 Portillos will appreciate offsetting losses from the drop in the long position's value.Moving against Portillos Stock
| 0.8 | GAMB | Gambling Group | PairCorr |
| 0.73 | BH | Biglari Holdings | PairCorr |
| 0.57 | LIND | Lindblad Expeditions | PairCorr |
| 0.45 | DPZ | Dominos Pizza | PairCorr |
| 0.35 | EVRI | Everi Holdings | PairCorr |
The ability to find closely correlated positions to Portillos could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Portillos 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 Portillos - 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 Portillos to buy it.
The correlation of Portillos 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 Portillos moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Portillos 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 Portillos 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 Portillos Correlation, Portillos Volatility and Portillos Alpha and Beta module to complement your research on Portillos. To learn how to invest in Portillos Stock, please use our How to Invest in Portillos guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Portillos 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.