Bristow Group Stock Market Value
| VTOL Stock | USD 33.55 0.43 1.30% |
| Symbol | Bristow |
Bristow Group Price To Book Ratio
Is Oil & Gas Equipment & Services space 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 Bristow. If investors know Bristow 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 Bristow 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 (0.74) | Earnings Share 0.04 | Revenue Per Share 46.082 | Quarterly Revenue Growth 0.124 | Return On Assets 0.0245 |
The market value of Bristow Group is measured differently than its book value, which is the value of Bristow that is recorded on the company's balance sheet. Investors also form their own opinion of Bristow's value that differs from its market value or its book value, called intrinsic value, which is Bristow'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 Bristow's market value can be influenced by many factors that don't directly affect Bristow'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 Bristow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bristow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bristow'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.
Bristow 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Bristow's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Bristow.
| 05/12/2024 |
| 06/11/2024 |
If you would invest 0.00 in Bristow on May 12, 2024 and sell it all today you would earn a total of 0.00 from holding Bristow Group or generate 0.0% return on investment in Bristow over 30 days. Bristow is related to or competes with Oil States, Geospace Technologies, Weatherford International, Enerflex, RPC, NOV, and Oceaneering International. Bristow Group Inc. provides aviation services to integrated, national, and independent offshore energy companies in the ... More
Bristow Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Bristow's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Bristow Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.98 | |||
| Information Ratio | 0.1509 | |||
| Maximum Drawdown | 19.17 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 3.76 |
Bristow Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bristow's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bristow's standard deviation. In reality, there are many statistical measures that can use Bristow historical prices to predict the future Bristow's volatility.| Risk Adjusted Performance | 0.1034 | |||
| Jensen Alpha | 0.3839 | |||
| Total Risk Alpha | 0.3815 | |||
| Sortino Ratio | 0.1945 | |||
| Treynor Ratio | 0.1923 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bristow's 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.
Bristow Group Backtested Returns
Bristow appears to be very steady, given 3 months investment horizon. Bristow Group secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bristow Group, which you can use to evaluate the volatility of the firm. Please makes use of Bristow's Mean Deviation of 1.7, downside deviation of 1.98, and Risk Adjusted Performance of 0.1034 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bristow holds a performance score of 13. The firm shows a Beta (market volatility) of 2.01, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bristow will likely underperform. Please check Bristow's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Bristow's price patterns will revert.
Auto-correlation | -0.59 |
Good reverse predictability
Bristow Group has good reverse predictability. Overlapping area represents the amount of predictability between Bristow time series from 12th of May 2024 to 27th of May 2024 and 27th of May 2024 to 11th of June 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bristow Group price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Bristow price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 1.82 |
Bristow Group lagged returns against current returns
Autocorrelation, which is Bristow stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Bristow's stock expected returns. We can calculate the autocorrelation of Bristow returns to help us make a trade decision. For example, suppose you find that Bristow has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Bristow regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Bristow stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bristow stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bristow stock over time.
Current vs Lagged Prices |
| Timeline |
Bristow Lagged Returns
When evaluating Bristow's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bristow stock have on its future price. Bristow autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Bristow autocorrelation shows the relationship between Bristow stock current value and its past values and can show if there is a momentum factor associated with investing in Bristow Group.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Bristow Stock
When determining whether Bristow Group is a strong investment it is important to analyze Bristow's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bristow's future performance. For an informed investment choice regarding Bristow Stock, refer to the following important reports:Check out Bristow Correlation, Bristow Volatility and Bristow Alpha and Beta module to complement your research on Bristow. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Bristow 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.