Restaurant Brands International Stock Market Value

QSP-UN Stock  CAD 98.08  2.14  2.14%   
Restaurant Brands' market value is the price at which a share of Restaurant Brands trades on a public exchange. It measures the collective expectations of Restaurant Brands International investors about its performance. Restaurant Brands is trading at 98.08 as of the 11th of December 2024, a 2.14% down since the beginning of the trading day. The stock's open price was 100.22.
With this module, you can estimate the performance of a buy and hold strategy of Restaurant Brands International and determine expected loss or profit from investing in Restaurant Brands over a given investment horizon. Check out Restaurant Brands Correlation, Restaurant Brands Volatility and Restaurant Brands Alpha and Beta module to complement your research on Restaurant Brands.
Symbol

Restaurant Brands Price To Book Ratio

Please note, there is a significant difference between Restaurant Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Restaurant Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Restaurant Brands' 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.

Restaurant Brands '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 Restaurant Brands' 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 Restaurant Brands.
0.00
11/11/2024
No Change 0.00  0.0 
In 31 days
12/11/2024
0.00
If you would invest  0.00  in Restaurant Brands on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Restaurant Brands International or generate 0.0% return on investment in Restaurant Brands over 30 days. Restaurant Brands is related to or competes with Apple, NVIDIA CDR, Microsoft Corp, Amazon CDR, Alphabet, Meta Platforms, and Tesla. Restaurant Brands International Limited Partnership operates and franchises quick service restaurants More

Restaurant Brands 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 Restaurant Brands' 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 Restaurant Brands International upside and downside potential and time the market with a certain degree of confidence.

Restaurant Brands Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Restaurant Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Restaurant Brands' standard deviation. In reality, there are many statistical measures that can use Restaurant Brands historical prices to predict the future Restaurant Brands' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Restaurant Brands' 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.
Hype
Prediction
LowEstimatedHigh
97.0098.0899.16
Details
Intrinsic
Valuation
LowRealHigh
80.9882.06107.89
Details
Naive
Forecast
LowNextHigh
96.9798.0699.14
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
93.9797.47100.98
Details

Restaurant Brands Backtested Returns

At this point, Restaurant Brands is very steady. Restaurant Brands maintains Sharpe Ratio (i.e., Efficiency) of 0.0735, which implies the firm had a 0.0735% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Restaurant Brands, which you can use to evaluate the volatility of the company. Please check Restaurant Brands' Semi Deviation of 0.7307, coefficient of variation of 1323.09, and Risk Adjusted Performance of 0.0587 to confirm if the risk estimate we provide is consistent with the expected return of 0.0796%. Restaurant Brands has a performance score of 5 on a scale of 0 to 100. The company holds a Beta of -0.0934, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Restaurant Brands are expected to decrease at a much lower rate. During the bear market, Restaurant Brands is likely to outperform the market. Restaurant Brands right now holds a risk of 1.08%. Please check Restaurant Brands expected short fall, and the relationship between the value at risk and rate of daily change , to decide if Restaurant Brands will be following its historical price patterns.

Auto-correlation

    
  0.67  

Good predictability

Restaurant Brands International has good predictability. Overlapping area represents the amount of predictability between Restaurant Brands time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Restaurant Brands price movement. The serial correlation of 0.67 indicates that around 67.0% of current Restaurant Brands price fluctuation can be explain by its past prices.
Correlation Coefficient0.67
Spearman Rank Test0.77
Residual Average0.0
Price Variance1.1

Restaurant Brands lagged returns against current returns

Autocorrelation, which is Restaurant Brands 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 Restaurant Brands' stock expected returns. We can calculate the autocorrelation of Restaurant Brands returns to help us make a trade decision. For example, suppose you find that Restaurant Brands 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  

Restaurant Brands 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 Restaurant Brands stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Restaurant Brands stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Restaurant Brands stock over time.
   Current vs Lagged Prices   
       Timeline  

Restaurant Brands Lagged Returns

When evaluating Restaurant Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Restaurant Brands stock have on its future price. Restaurant Brands 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, Restaurant Brands autocorrelation shows the relationship between Restaurant Brands stock current value and its past values and can show if there is a momentum factor associated with investing in Restaurant Brands International.
   Regressed Prices   
       Timeline  

Pair Trading with Restaurant Brands

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 Restaurant Brands 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 Restaurant Brands will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Restaurant Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Restaurant Brands 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 Restaurant Brands - 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 Restaurant Brands International to buy it.
The correlation of Restaurant Brands 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 Restaurant Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Restaurant Brands 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 Restaurant Brands 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.
Pair CorrelationCorrelation Matching
When determining whether Restaurant Brands is a strong investment it is important to analyze Restaurant Brands' 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 Restaurant Brands' future performance. For an informed investment choice regarding Restaurant Stock, refer to the following important reports:
Check out Restaurant Brands Correlation, Restaurant Brands Volatility and Restaurant Brands Alpha and Beta module to complement your research on Restaurant Brands.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Restaurant Brands 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.
A focus of Restaurant Brands technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Restaurant Brands trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...