Big 5 Sporting Stock Market Value
| BGFV Stock | USD 1.70 0.04 2.41% |
| Symbol | Big |
Big 5 Sporting Price To Book Ratio
Is Other Specialty Retail 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 Big 5. If investors know Big 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 Big 5 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 (0.72) | Dividend Share 0.225 | Earnings Share (2.61) | Revenue Per Share 37 | Quarterly Revenue Growth (0.08) |
The market value of Big 5 Sporting is measured differently than its book value, which is the value of Big that is recorded on the company's balance sheet. Investors also form their own opinion of Big 5's value that differs from its market value or its book value, called intrinsic value, which is Big 5'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 Big 5's market value can be influenced by many factors that don't directly affect Big 5'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 Big 5's value and its price as these two are different measures arrived at by different means. Investors typically determine if Big 5 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Big 5'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.
Big 5 '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 Big 5'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 Big 5.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Big 5 on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Big 5 Sporting or generate 0.0% return on investment in Big 5 over 60 days. Big 5 is related to or competes with Leslies, Sally Beauty, MarineMax, Sportsmans, National Vision, Bath Body, and Williams Sonoma. Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States More
Big 5 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 Big 5'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 Big 5 Sporting upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 25.47 | |||
| Value At Risk | (8.47) | |||
| Potential Upside | 4.69 |
Big 5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Big 5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Big 5's standard deviation. In reality, there are many statistical measures that can use Big 5 historical prices to predict the future Big 5's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | (0.12) |
Big 5 Sporting Backtested Returns
Big 5 Sporting secures Sharpe Ratio (or Efficiency) of -0.0177, which signifies that the company had a -0.0177% return per unit of standard deviation over the last 3 months. Big 5 Sporting exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Big 5's risk adjusted performance of (0.02), and Mean Deviation of 3.05 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.18, which signifies 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, Big 5 will likely underperform. At this point, Big 5 Sporting has a negative expected return of -0.0736%. Please make sure to confirm Big 5's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Big 5 Sporting performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.28 |
Poor predictability
Big 5 Sporting has poor predictability. Overlapping area represents the amount of predictability between Big 5 time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th of November 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 Big 5 Sporting price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Big 5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Big 5 Sporting lagged returns against current returns
Autocorrelation, which is Big 5 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 Big 5's stock expected returns. We can calculate the autocorrelation of Big 5 returns to help us make a trade decision. For example, suppose you find that Big 5 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 |
Big 5 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 Big 5 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Big 5 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Big 5 stock over time.
Current vs Lagged Prices |
| Timeline |
Big 5 Lagged Returns
When evaluating Big 5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Big 5 stock have on its future price. Big 5 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, Big 5 autocorrelation shows the relationship between Big 5 stock current value and its past values and can show if there is a momentum factor associated with investing in Big 5 Sporting.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Big Stock Analysis
When running Big 5's price analysis, check to measure Big 5'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 Big 5 is operating at the current time. Most of Big 5's value examination focuses on studying past and present price action to predict the probability of Big 5's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Big 5's price. Additionally, you may evaluate how the addition of Big 5 to your portfolios can decrease your overall portfolio volatility.