DARDEN RESTAURANTS INC Market Value
| 237194AL9 | 96.02 1.90 1.94% |
| Symbol | DARDEN |
DARDEN '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 DARDEN's bond 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 DARDEN.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in DARDEN on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding DARDEN RESTAURANTS INC or generate 0.0% return on investment in DARDEN over 30 days. DARDEN is related to or competes with Fevertree Drinks, Vodka Brands, SNDL, Boston Beer, Vita Coco, Willamette Valley, and Compania Cervecerias. More
DARDEN 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 DARDEN's bond 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 DARDEN RESTAURANTS INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 6.79 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 0.8513 |
DARDEN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DARDEN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DARDEN's standard deviation. In reality, there are many statistical measures that can use DARDEN historical prices to predict the future DARDEN's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.54) |
DARDEN RESTAURANTS INC Backtested Returns
DARDEN RESTAURANTS INC secures Sharpe Ratio (or Efficiency) of -0.0653, which denotes the bond had a -0.0653% return per unit of volatility over the last 3 months. DARDEN RESTAURANTS INC exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DARDEN's Mean Deviation of 0.5109, market risk adjusted performance of (0.53), and Standard Deviation of 1.02 to check the risk estimate we provide. The entity shows a Beta (market volatility) of 0.0735, which means not very significant fluctuations relative to the market. As returns on the market increase, DARDEN's returns are expected to increase less than the market. However, during the bear market, the loss of holding DARDEN is expected to be smaller as well.
Auto-correlation | 0.39 |
Below average predictability
DARDEN RESTAURANTS INC has below average predictability. Overlapping area represents the amount of predictability between DARDEN time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 DARDEN RESTAURANTS INC price movement. The serial correlation of 0.39 indicates that just about 39.0% of current DARDEN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
DARDEN RESTAURANTS INC lagged returns against current returns
Autocorrelation, which is DARDEN bond'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 DARDEN's bond expected returns. We can calculate the autocorrelation of DARDEN returns to help us make a trade decision. For example, suppose you find that DARDEN has exhibited high autocorrelation historically, and you observe that the bond 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 |
DARDEN 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 DARDEN bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DARDEN bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DARDEN bond over time.
Current vs Lagged Prices |
| Timeline |
DARDEN Lagged Returns
When evaluating DARDEN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DARDEN bond have on its future price. DARDEN 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, DARDEN autocorrelation shows the relationship between DARDEN bond current value and its past values and can show if there is a momentum factor associated with investing in DARDEN RESTAURANTS INC.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in DARDEN Bond
DARDEN financial ratios help investors to determine whether DARDEN Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DARDEN with respect to the benefits of owning DARDEN security.