Bridgford Foods Stock Price Prediction
| BRID Stock | USD 10.62 0.14 1.30% |
Oversold Vs Overbought
63
Oversold | Overbought |
Bridgford Foods stock price prediction is an act of determining the future value of Bridgford Foods shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Bridgford Foods' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Bridgford Foods and does not consider all of the tangible or intangible factors available from Bridgford Foods' fundamental data. We analyze noise-free headlines and recent hype associated with Bridgford Foods, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Bridgford Foods' stock price prediction:Quarterly Earnings Growth 0.325 | Wall Street Target Price 7.93 | Quarterly Revenue Growth (0.11) |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Bridgford Foods based on different types of headlines from major news networks to social media. The Bridgford stock price prediction module provides an analysis of price elasticity to changes in media outlook on Bridgford Foods over a specific investment horizon. Using Bridgford Foods hype-based prediction, you can estimate the value of Bridgford Foods from the perspective of Bridgford Foods response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in Bridgford Foods. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Bridgford Foods to buy its stock at a price that has no basis in reality. In that case, they are not buying Bridgford because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Bridgford Foods after-hype prediction price | USD 10.62 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Bridgford |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bridgford Foods' 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.
Bridgford Foods After-Hype Price Prediction Density Analysis
As far as predicting the price of Bridgford Foods at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Bridgford Foods or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Bridgford Foods, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Bridgford Foods Estimiated After-Hype Price Volatility
In the context of predicting Bridgford Foods' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Bridgford Foods' historical news coverage. Bridgford Foods' after-hype downside and upside margins for the prediction period are 9.13 and 12.11, respectively. We have considered Bridgford Foods' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Bridgford Foods is not too volatile at this time. Analysis and calculation of next after-hype price of Bridgford Foods is based on 3 months time horizon.
Bridgford Foods Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Bridgford Foods is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bridgford Foods backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Bridgford Foods, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.02 | 1.49 | 0.00 | 0.01 | 7 Events / Month | 1 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
10.62 | 10.62 | 0.00 |
|
Bridgford Foods Hype Timeline
Bridgford Foods is currently traded for 10.62. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. Bridgford is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at -0.02%. %. The volatility of related hype on Bridgford Foods is about 560.75%, with the expected price after the next announcement by competition of 10.63. About 81.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.77. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bridgford Foods last dividend was issued on the 23rd of November 2012. The entity had 11:10 split on the 4th of December 1998. Given the investment horizon of 90 days the next forecasted press release will be in about 7 days. Check out Bridgford Foods Basic Forecasting Models to cross-verify your projections.Bridgford Foods Related Hype Analysis
Having access to credible news sources related to Bridgford Foods' direct competition is more important than ever and may enhance your ability to predict Bridgford Foods' future price movements. Getting to know how Bridgford Foods' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Bridgford Foods may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GGII | Green Globe International | 0.00 | 0 per month | 9.42 | 0.08 | 16.67 | (14.29) | 120.00 | |
| GNLN | Greenlane Holdings | (0.03) | 3 per month | 5.23 | 0.08 | 11.76 | (10.87) | 42.40 | |
| XXII | 22nd Century Group | 1.89 | 9 per month | 8.98 | 0.01 | 6.91 | (13.15) | 180.71 | |
| CBDW | 1606 Corp | 0.00 | 0 per month | 14.33 | 0.01 | 23.21 | (22.89) | 105.80 | |
| PHJMF | PT Hanjaya Mandala | 0.00 | 0 per month | 6.69 | (0) | 20.00 | (16.67) | 48.57 | |
| PYYX | Pyxus International | 0.00 | 0 per month | 5.57 | 0.11 | 23.00 | (11.76) | 79.21 | |
| JAPAY | Japan Tobacco ADR | 0.00 | 0 per month | 0.74 | (0.05) | 1.39 | (1.31) | 3.19 |
Bridgford Foods Additional Predictive Modules
Most predictive techniques to examine Bridgford price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Bridgford using various technical indicators. When you analyze Bridgford charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Bridgford Foods Predictive Indicators
The successful prediction of Bridgford Foods stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Bridgford Foods, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Bridgford Foods based on analysis of Bridgford Foods hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Bridgford Foods's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Bridgford Foods's related companies. | 2013 | 2023 | 2024 (projected) | Dividend Yield | 0.0219 | 0.0197 | 0.0119 | Price To Sales Ratio | 1.21 | 0.56 | 0.81 |
Story Coverage note for Bridgford Foods
The number of cover stories for Bridgford Foods depends on current market conditions and Bridgford Foods' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Bridgford Foods is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Bridgford Foods' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
View All Premium Stories
Bridgford Foods Short Properties
Bridgford Foods' future price predictability will typically decrease when Bridgford Foods' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Bridgford Foods often depends not only on the future outlook of the potential Bridgford Foods' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Bridgford Foods' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.1 M | |
| Cash And Short Term Investments | 15.7 M |
Check out Bridgford Foods Basic Forecasting Models to cross-verify your projections. For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |
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.