Blue Star Foods reiterates 2024 forecast of at least 65 percent revenue growth
BSFC Stock | USD 0.32 0.03 10.69% |
About 71 percent of all Blue Star's shareholders are curious in acquiring. The analysis of overall sentiment of trading Blue Star Foods stock suggests that quite a large number of investors are confidant at this time. The current market sentiment, together with Blue Star's historical and current headlines, can help investors time the market. In addition, many technical investors use Blue Star Foods stock news signals to limit their universe of possible portfolio assets.
Blue |
Blue Star Foods reaffirms 2024 forecast of 65 percent revenue growth with premarket stock increase of 1.3, reaching 0.7501.
Read at seekingalpha.com
Blue Star Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Blue Star can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Blue Star Fundamental Analysis
We analyze Blue Star's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blue Star using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blue Star based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Blue Star is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Blue Star Foods Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Blue Star stock to make a market-neutral strategy. Peer analysis of Blue Star could also be used in its relative valuation, which is a method of valuing Blue Star by comparing valuation metrics with similar companies.
Peers
Blue Star Related Equities
BTTR | Better Choice | 10.85 | ||||
PLAG | Planet Green | 8.30 | ||||
SNAX | Stryve Foods | 5.00 | ||||
BON | Bon Natural | 1.92 | ||||
PETZ | TDH Holdings | 1.71 | ||||
LSF | Laird Superfood | 0.00 | ||||
BTOG | Bit Origin | 10.28 |
Complementary Tools for Blue Stock analysis
When running Blue Star's price analysis, check to measure Blue Star's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blue Star is operating at the current time. Most of Blue Star's value examination focuses on studying past and present price action to predict the probability of Blue Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Star's price. Additionally, you may evaluate how the addition of Blue Star to your portfolios can decrease your overall portfolio volatility.
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |