BlueLinx Gross Profit Margin from 2010 to 2024
| BXC Stock | USD 102.54 0.09 0.09% |
Gross Profit Margin | First Reported 2010-12-31 | Previous Quarter 0.17 | Current Value 0.096 | Quarterly Volatility 0.03505712 |
Check BlueLinx Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BlueLinx main balance sheet or income statement drivers, such as Depreciation And Amortization of 33.6 M, Interest Expense of 38.4 M or Selling General Administrative of 226.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0418 or PTB Ratio of 1.23. BlueLinx financial statements analysis is a perfect complement when working with BlueLinx Holdings Valuation or Volatility modules.
BlueLinx | Gross Profit Margin |
Latest BlueLinx Holdings' Gross Profit Margin Growth Pattern
Below is the plot of the Gross Profit Margin of BlueLinx Holdings over the last few years. It is BlueLinx Holdings' Gross Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BlueLinx Holdings' overall financial position and show how it may be relating to other accounts over time.
| Gross Profit Margin | 10 Years Trend |
|
Gross Profit Margin |
| Timeline |
BlueLinx Gross Profit Margin Regression Statistics
| Arithmetic Mean | 0.16 | |
| Geometric Mean | 0.16 | |
| Coefficient Of Variation | 21.71 | |
| Mean Deviation | 0.03 | |
| Median | 0.18 | |
| Standard Deviation | 0.04 | |
| Sample Variance | 0 | |
| Range | 0.0964 | |
| R-Value | 0.19 | |
| Mean Square Error | 0 | |
| R-Squared | 0.04 | |
| Significance | 0.49 | |
| Slope | 0 | |
| Total Sum of Squares | 0.02 |
BlueLinx Gross Profit Margin History
About BlueLinx Holdings Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include BlueLinx Holdings income statement, its balance sheet, and the statement of cash flows. BlueLinx Holdings investors use historical funamental indicators, such as BlueLinx Holdings's Gross Profit Margin, to determine how well the company is positioned to perform in the future. Although BlueLinx Holdings investors may use each financial statement separately, they are all related. The changes in BlueLinx Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on BlueLinx Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on BlueLinx Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in BlueLinx Holdings. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Gross Profit Margin | 0.17 | 0.1 |
Pair Trading with BlueLinx Holdings
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 BlueLinx Holdings 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 BlueLinx Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with BlueLinx Stock
| 0.79 | FAST | Fastenal Sell-off Trend | PairCorr |
| 0.77 | AIT | Applied Industrial Financial Report 8th of August 2024 | PairCorr |
The ability to find closely correlated positions to BlueLinx Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlueLinx Holdings 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 BlueLinx Holdings - 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 BlueLinx Holdings to buy it.
The correlation of BlueLinx Holdings 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 BlueLinx Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlueLinx Holdings 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 BlueLinx Holdings 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.Check out the analysis of BlueLinx Holdings Correlation against competitors. For information on how to trade BlueLinx Stock refer to our How to Trade BlueLinx Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for BlueLinx Stock analysis
When running BlueLinx Holdings' price analysis, check to measure BlueLinx Holdings' 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 BlueLinx Holdings is operating at the current time. Most of BlueLinx Holdings' value examination focuses on studying past and present price action to predict the probability of BlueLinx Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlueLinx Holdings' price. Additionally, you may evaluate how the addition of BlueLinx Holdings to your portfolios can decrease your overall portfolio volatility.
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Is BlueLinx Holdings' industry 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 0.031 | Earnings Share 5.45 | Revenue Per Share 344.913 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0513 |
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.