Blue Foundry Bancorp Stock Market Value
| BLFY Stock | USD 10.99 0.14 1.26% |
| Symbol | Blue |
Blue Foundry Bancorp Price To Book Ratio
Is Regional Banks 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 Foundry. 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 Foundry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.56) | Revenue Per Share 1.825 | Quarterly Revenue Growth (0.16) | Return On Assets (0.01) | Return On Equity (0.03) |
The market value of Blue Foundry Bancorp 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 Foundry's value that differs from its market value or its book value, called intrinsic value, which is Blue Foundry'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 Foundry's market value can be influenced by many factors that don't directly affect Blue Foundry'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 Foundry's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blue Foundry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Foundry'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 Foundry '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 Foundry'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 Foundry.
| 06/07/2024 |
| 12/04/2024 |
If you would invest 0.00 in Blue Foundry on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding Blue Foundry Bancorp or generate 0.0% return on investment in Blue Foundry over 180 days. Blue Foundry is related to or competes with Home Federal, Lake Shore, Community West, Bogota Financial, Civista Bancshares, LINKBANCORP, and First Financial. Blue Foundry Bancorp operates as a bank holding company for Blue Foundry Bank, a savings bank that offers various bankin... More
Blue Foundry 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 Foundry'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 Foundry Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.64 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 9.7 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 2.84 |
Blue Foundry Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blue Foundry's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blue Foundry's standard deviation. In reality, there are many statistical measures that can use Blue Foundry historical prices to predict the future Blue Foundry's volatility.| Risk Adjusted Performance | 0.0092 | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0) |
Blue Foundry Bancorp Backtested Returns
At this stage we consider Blue Stock to be somewhat reliable. Blue Foundry Bancorp secures Sharpe Ratio (or Efficiency) of 0.0348, which signifies that the company had a 0.0348% return per unit of risk over the last 3 months. We have found thirty technical indicators for Blue Foundry Bancorp, which you can use to evaluate the volatility of the firm. Please confirm Blue Foundry's Downside Deviation of 1.64, mean deviation of 1.43, and Risk Adjusted Performance of 0.0092 to double-check if the risk estimate we provide is consistent with the expected return of 0.0689%. Blue Foundry has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.67, 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, Blue Foundry will likely underperform. Blue Foundry Bancorp right now shows a risk of 1.98%. Please confirm Blue Foundry Bancorp skewness, and the relationship between the value at risk and day median price , to decide if Blue Foundry Bancorp will be following its price patterns.
Auto-correlation | 0.02 |
Virtually no predictability
Blue Foundry Bancorp has virtually no predictability. Overlapping area represents the amount of predictability between Blue Foundry time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th 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 Blue Foundry Bancorp price movement. The serial correlation of 0.02 indicates that only 2.0% of current Blue Foundry price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Blue Foundry Bancorp lagged returns against current returns
Autocorrelation, which is Blue Foundry 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 Foundry's stock expected returns. We can calculate the autocorrelation of Blue Foundry returns to help us make a trade decision. For example, suppose you find that Blue Foundry 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 Foundry 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 Foundry stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blue Foundry stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blue Foundry stock over time.
Current vs Lagged Prices |
| Timeline |
Blue Foundry Lagged Returns
When evaluating Blue Foundry's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blue Foundry stock have on its future price. Blue Foundry 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 Foundry autocorrelation shows the relationship between Blue Foundry stock current value and its past values and can show if there is a momentum factor associated with investing in Blue Foundry Bancorp.
Regressed Prices |
| Timeline |
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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.Additional Tools for Blue Stock Analysis
When running Blue Foundry's price analysis, check to measure Blue Foundry'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 Foundry is operating at the current time. Most of Blue Foundry's value examination focuses on studying past and present price action to predict the probability of Blue Foundry'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 Foundry's price. Additionally, you may evaluate how the addition of Blue Foundry to your portfolios can decrease your overall portfolio volatility.