Bridgford Foods Stock Price on March 28, 2024
| BRID Stock | USD 10.42 0.08 0.76% |
Below is the normalized historical share price chart for Bridgford Foods extending back to November 06, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Bridgford Foods stands at 10.42, as last reported on the 30th of April, with the highest price reaching 10.42 and the lowest price hitting 10.42 during the day.
If you're considering investing in Bridgford Stock, it is important to understand the factors that can impact its price. Bridgford Foods secures Sharpe Ratio (or Efficiency) of -0.0306, which signifies that the company had a -0.0306% return per unit of risk over the last 3 months. Bridgford Foods exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bridgford Foods' Mean Deviation of 1.02, standard deviation of 1.52, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
At present, Bridgford Foods' Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 201.7 M, whereas Common Stock Total Equity is forecasted to decline to 7,810. . At present, Bridgford Foods' Price Earnings To Growth Ratio is projected to increase based on the last few years of reporting. The current year's Price Sales Ratio is expected to grow to 0.81, whereas Price Book Value Ratio is forecasted to decline to 2.86. Bridgford Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of September 1984 | 200 Day MA 11.0192 | 50 Day MA 10.807 | Beta (0.62) |
Bridgford |
Sharpe Ratio = -0.0306
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| Negative Returns | BRID |
Estimated Market Risk
| 1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bridgford Foods is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bridgford Foods by adding Bridgford Foods to a well-diversified portfolio.
Price Book 0.7725 | Enterprise Value Ebitda 7.8172 | Price Sales 0.4126 | Shares Float 1.7 M | Wall Street Target Price 7.93 |
Bridgford Foods Main Headline on 28th of March 2024
Bridgford Foods consultant buys shares worth 380 by investing.com
Bridgford Foods consultant buys shares worth 380
Bridgford Foods Valuation on March 28, 2024
It is possible to determine the worth of Bridgford Foods on a given historical date. On March 28, 2024 Bridgford was worth 11.26 at the beginning of the trading date compared to the closed value of 11.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bridgford Foods stock. Still, in general, we apply an absolute valuation method to find Bridgford Foods' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bridgford Foods where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bridgford Foods' related companies.
| Open | High | Low | Close | Volume | |
| 11.26 | 11.26 | 11.26 | 11.26 | 641.00 | |
03/28/2024 | 11.26 | 11.26 | 11.26 | 11.26 | 276.00 |
| 11.30 | 11.30 | 11.26 | 11.26 | 794.00 |
| Backtest Bridgford Foods | | | Bridgford Foods History | | | Bridgford Foods Valuation | Previous | Next |
Bridgford Foods Trading Date Momentum on March 28, 2024
| On April 01 2024 Bridgford Foods was traded for 11.26 at the closing time. The top price for the day was 11.30 and the lowest listed price was 11.26 . The trading volume for the day was 794. The trading history from April 1, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.27% . |
Bridgford Foods Fundamentals Correlations and Trends
By evaluating Bridgford Foods' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bridgford Foods' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bridgford financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bridgford Foods Stock history
Bridgford Foods investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bridgford is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bridgford Foods will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bridgford Foods stock prices may prove useful in developing a viable investing in Bridgford Foods
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 8.2 M | 8.4 M | |
| Net Income Applicable To Common Shares | 51.8 M | 54.4 M |
Bridgford Foods Quarterly Net Working Capital |
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Bridgford Foods Stock Technical Analysis
Bridgford Foods 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.
Price Boundaries
Bridgford Foods Period Price Range
Low | March 28, 2024
| High |
11.26 | 11.26 |
Bridgford Foods April 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Bridgford Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bridgford Foods shares will generate the highest return on investment. By undertsting and applying Bridgford Foods stock market strength indicators, traders can identify Bridgford Foods entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 11.26 | |||
| Day Typical Price | 11.26 | |||
| Period Momentum Indicator | (0.84) | |||
| Relative Strength Index | 42.48 |
Bridgford Foods Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bridgford Foods' price direction in advance. Along with the technical and fundamental analysis of Bridgford Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bridgford to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.56) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgford Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Bridgford Stock analysis
When running Bridgford Foods' price analysis, check to measure Bridgford Foods' 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 Bridgford Foods is operating at the current time. Most of Bridgford Foods' value examination focuses on studying past and present price action to predict the probability of Bridgford Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bridgford Foods' price. Additionally, you may evaluate how the addition of Bridgford Foods to your portfolios can decrease your overall portfolio volatility.
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Is Bridgford Foods' 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 Bridgford Foods. If investors know Bridgford 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 Bridgford Foods 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 0.325 | Earnings Share 0.42 | Revenue Per Share 26.976 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0168 |
The market value of Bridgford Foods is measured differently than its book value, which is the value of Bridgford that is recorded on the company's balance sheet. Investors also form their own opinion of Bridgford Foods' value that differs from its market value or its book value, called intrinsic value, which is Bridgford Foods' 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 Bridgford Foods' market value can be influenced by many factors that don't directly affect Bridgford Foods' 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 Bridgford Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bridgford Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bridgford Foods' 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.