Blue Historical Valuation
| BLBD Stock | USD 33.97 1.02 2.92% |
Some fundamental drivers such as market cap or Blue Bird enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Blue Bird Corp valuation indicators such as Working Capital of 0.0 or Enterprise Value of 386.5 M to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Blue Bird's future value.
Blue |
About Blue Valuation Data Analysis
Valuation is the financial process of determining what Blue Bird is worth. Blue Bird valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Blue Bird valuation ratios help investors to determine whether Blue Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Blue with respect to the benefits of owning Blue Bird security.
Blue Bird Valuation Data Chart
Blue valuation ratios help to determine how cheap or expensive it is, compared to its peers or based on some benchmark measure of value for a given date. A typical valuation ratio shows the difference between the cost of Blue equity instrument and the benefits of owning shares of Blue Bird Corp.
The current year's Market Cap is expected to grow to about 647.1 M, whereas Enterprise Value is forecasted to decline to about 386.5 M. Pair Trading with Blue Bird
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 Blue Bird 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 Blue Bird will appreciate offsetting losses from the drop in the long position's value.Moving against Blue Stock
| 0.78 | LVWR | LiveWire Group | PairCorr |
| 0.7 | LOT | Lotus Technology American | PairCorr |
| 0.7 | DSHK | Drive Shack | PairCorr |
| 0.68 | JL | J Long Group | PairCorr |
| 0.61 | F-PC | Ford Motor | PairCorr |
The ability to find closely correlated positions to Blue Bird could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Bird 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 Blue Bird - 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 Blue Bird Corp to buy it.
The correlation of Blue Bird 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 Blue Bird moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Bird Corp 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 Blue Bird 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Bird Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Blue Bird Corp information on this page should be used as a complementary analysis to other Blue Bird's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Blue Stock analysis
When running Blue Bird's price analysis, check to measure Blue Bird'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 Blue Bird is operating at the current time. Most of Blue Bird's value examination focuses on studying past and present price action to predict the probability of Blue Bird's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Bird's price. Additionally, you may evaluate how the addition of Blue Bird to your portfolios can decrease your overall portfolio volatility.
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Is Blue Bird's 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 Blue Bird. If investors know Blue 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 Blue Bird 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 2.351 | Earnings Share 1.9 | Revenue Per Share 37.832 | Quarterly Revenue Growth 0.348 | Return On Assets 0.1571 |
The market value of Blue Bird Corp is measured differently than its book value, which is the value of Blue that is recorded on the company's balance sheet. Investors also form their own opinion of Blue Bird's value that differs from its market value or its book value, called intrinsic value, which is Blue Bird's 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 Blue Bird's market value can be influenced by many factors that don't directly affect Blue Bird's 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 Blue Bird's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blue Bird is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Bird's 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.