Bluelinx Holdings Stock Market Value
| BXC Stock | USD 84.22 3.81 4.74% |
| Symbol | BlueLinx |
BlueLinx Holdings Price To Book Ratio
Is Trading Companies & Distributors 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 BlueLinx Holdings. If investors know BlueLinx 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 BlueLinx Holdings 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 (0.31) | Earnings Share 6.19 | Revenue Per Share | Quarterly Revenue Growth (0) | Return On Assets |
The market value of BlueLinx Holdings is measured differently than its book value, which is the value of BlueLinx that is recorded on the company's balance sheet. Investors also form their own opinion of BlueLinx Holdings' value that differs from its market value or its book value, called intrinsic value, which is BlueLinx Holdings' 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 BlueLinx Holdings' market value can be influenced by many factors that don't directly affect BlueLinx Holdings' 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 BlueLinx Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if BlueLinx Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlueLinx Holdings' 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.
BlueLinx Holdings '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 BlueLinx Holdings' 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 BlueLinx Holdings.
| 12/24/2024 |
| 03/24/2025 |
If you would invest 0.00 in BlueLinx Holdings on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding BlueLinx Holdings or generate 0.0% return on investment in BlueLinx Holdings over 90 days. BlueLinx Holdings is related to or competes with DXP Enterprises, Distribution Solutions, Core Main, WESCO International, Global Industrial, Applied Industrial, and Ferguson Plc. BlueLinx Holdings Inc., together with its subsidiaries, distributes residential and commercial building products in the ... More
BlueLinx Holdings 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 BlueLinx Holdings' 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 BlueLinx Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 14.89 | |||
| Value At Risk | (3.99) | |||
| Potential Upside | 3.47 |
BlueLinx Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlueLinx Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlueLinx Holdings' standard deviation. In reality, there are many statistical measures that can use BlueLinx Holdings historical prices to predict the future BlueLinx Holdings' volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.40) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BlueLinx Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BlueLinx Holdings Backtested Returns
BlueLinx Holdings 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. BlueLinx Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BlueLinx Holdings' Standard Deviation of 2.62, risk adjusted performance of (0.18), and Mean Deviation of 1.97 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.42, 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, BlueLinx Holdings will likely underperform. At this point, BlueLinx Holdings has a negative expected return of -0.36%. Please make sure to confirm BlueLinx Holdings' skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if BlueLinx Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.44 |
Modest reverse predictability
BlueLinx Holdings has modest reverse predictability. Overlapping area represents the amount of predictability between BlueLinx Holdings time series from 24th of December 2024 to 7th of February 2025 and 7th of February 2025 to 24th 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 BlueLinx Holdings price movement. The serial correlation of -0.44 indicates that just about 44.0% of current BlueLinx Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 92.48 |
BlueLinx Holdings lagged returns against current returns
Autocorrelation, which is BlueLinx Holdings 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 BlueLinx Holdings' stock expected returns. We can calculate the autocorrelation of BlueLinx Holdings returns to help us make a trade decision. For example, suppose you find that BlueLinx Holdings 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 |
BlueLinx Holdings 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 BlueLinx Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlueLinx Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlueLinx Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
BlueLinx Holdings Lagged Returns
When evaluating BlueLinx Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlueLinx Holdings stock have on its future price. BlueLinx Holdings 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, BlueLinx Holdings autocorrelation shows the relationship between BlueLinx Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in BlueLinx Holdings.
Regressed Prices |
| Timeline |
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Check out BlueLinx Holdings Correlation, BlueLinx Holdings Volatility and BlueLinx Holdings Alpha and Beta module to complement your research on BlueLinx Holdings. For information on how to trade BlueLinx Stock refer to our How to Trade BlueLinx Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
BlueLinx Holdings 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.