Blue Bird Corp Stock Market Value
| BLBD Stock | USD 34.26 0.75 2.24% |
| Symbol | Blue |
Blue Bird Corp Price To Book Ratio
Is Construction Machinery & Heavy Transportation Equipment 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 Blue Bird. If investors know Blue 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 Blue Bird 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 0.062 | Earnings Share 3.21 | Revenue Per Share | Quarterly Revenue Growth (0.01) | Return On Assets |
The market value of Blue Bird Corp is measured differently than its book value, which is the value of Blue that is recorded on the company's balance sheet. Investors also form their own opinion of Blue Bird's value that differs from its market value or its book value, called intrinsic value, which is Blue Bird'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 Blue Bird's market value can be influenced by many factors that don't directly affect Blue Bird'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 Blue Bird's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blue Bird is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Bird'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.
Blue Bird '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 Blue Bird'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 Blue Bird.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Blue Bird on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Blue Bird Corp or generate 0.0% return on investment in Blue Bird over 90 days. Blue Bird is related to or competes with AYRO, Faraday Future, Polestar Automotive, Li Auto, Xpeng, BYD Co, and GreenPower. Blue Bird Corporation designs, engineers, manufactures, and sells school buses and related parts in the United States, C... More
Blue Bird 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 Blue Bird'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 Blue Bird Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 15.24 | |||
| Value At Risk | (4.73) | |||
| Potential Upside | 4.1 |
Blue Bird Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blue Bird's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blue Bird's standard deviation. In reality, there are many statistical measures that can use Blue Bird historical prices to predict the future Blue Bird's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | 0.1605 | |||
| Treynor Ratio | (0.55) |
Blue Bird Corp Backtested Returns
Blue Bird Corp secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13 % return per unit of risk over the last 3 months. Blue Bird Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blue Bird's Mean Deviation of 2.39, standard deviation of 2.92, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Blue Bird's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blue Bird is expected to be smaller as well. At this point, Blue Bird Corp has a negative expected return of -0.38%. Please make sure to confirm Blue Bird's accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Blue Bird Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.13 |
Insignificant predictability
Blue Bird Corp has insignificant predictability. Overlapping area represents the amount of predictability between Blue Bird time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Blue Bird Corp price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Blue Bird price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 2.05 |
Blue Bird Corp lagged returns against current returns
Autocorrelation, which is Blue Bird 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 Blue Bird's stock expected returns. We can calculate the autocorrelation of Blue Bird returns to help us make a trade decision. For example, suppose you find that Blue Bird 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 |
Blue Bird 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 Blue Bird stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blue Bird stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blue Bird stock over time.
Current vs Lagged Prices |
| Timeline |
Blue Bird Lagged Returns
When evaluating Blue Bird's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blue Bird stock have on its future price. Blue Bird 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, Blue Bird autocorrelation shows the relationship between Blue Bird stock current value and its past values and can show if there is a momentum factor associated with investing in Blue Bird Corp.
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.When determining whether Blue Bird Corp is a strong investment it is important to analyze Blue Bird's 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 Blue Bird's future performance. For an informed investment choice regarding Blue Stock, refer to the following important reports:Check out Blue Bird Correlation, Blue Bird Volatility and Blue Bird Alpha and Beta module to complement your research on Blue Bird. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Blue Bird 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.