Business Operating Cycle from 2010 to 2024
| BFST Stock | USD 20.57 0.24 1.15% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 1.2 M | Current Value 1.1 M | Quarterly Volatility 77.3 K |
Check Business First financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Business First's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.1 M, Selling General Administrative of 98.4 M or Selling And Marketing Expenses of 4.9 M, as well as many indicators such as Price To Sales Ratio of 1.52, Dividend Yield of 0.0307 or PTB Ratio of 1.53. Business financial statements analysis is a perfect complement when working with Business First Valuation or Volatility modules.
Business | Operating Cycle |
Pair Trading with Business First
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Business First position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Business First will appreciate offsetting losses from the drop in the long position's value.Moving against Business Stock
The ability to find closely correlated positions to Business First could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Business First when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Business First - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Business First Bancshares to buy it.
The correlation of Business First is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Business First moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Business First Bancshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Business First can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Business Stock Analysis
When running Business First's price analysis, check to measure Business First'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 Business First is operating at the current time. Most of Business First's value examination focuses on studying past and present price action to predict the probability of Business First's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Business First's price. Additionally, you may evaluate how the addition of Business First to your portfolios can decrease your overall portfolio volatility.