Big Lots Issuance Purchase of Equity Shares vs Capital Expenditure Analysis

BIG
 Stock
  

USD 27.31  2.38  9.55%   

Big Lots financial indicator trend analysis is way more than just evaluating Big Lots prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Big Lots is a good investment. Please check the relationship between Big Lots Issuance Purchase of Equity Shares and its Capital Expenditure accounts. Continue to Trending Equities.

Issuance Purchase of Equity Shares vs Capital Expenditure

Issuance Purchase of Equity Shares vs Capital Expenditure Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big Lots Issuance Purchase of Equity Shares account and Capital Expenditure. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Big Lots' Issuance Purchase of Equity Shares and Capital Expenditure is 0.88. Overlapping area represents the amount of variation of Issuance Purchase of Equity Shares that can explain the historical movement of Capital Expenditure in the same time period over historical financial statements of Big Lots, assuming nothing else is changed. The correlation between historical values of Big Lots' Issuance Purchase of Equity Shares and Capital Expenditure is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Issuance Purchase of Equity Shares of Big Lots are associated (or correlated) with its Capital Expenditure. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditure has no effect on the direction of Issuance Purchase of Equity Shares i.e., Big Lots' Issuance Purchase of Equity Shares and Capital Expenditure go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Issuance Purchase of Equity Shares

A component of Net Cash Flow from Financing representing the net cash inflow (outflow) from common equity changes. Includes additional capital contributions from share issuances and exercise of stock options; and outflow from share repurchases.

Capital Expenditure

A component of Net Cash Flow from Investing representing the net cash inflow (outflow) associated with the acquisition & disposal of long-lived; physical & intangible assets that are used in the normal conduct of business to produce goods and services and are not intended for resale. Includes cash inflows/outflows to pay for construction of self-constructed assets & software.
Most indicators from Big Lots fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Big Lots current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Continue to Trending Equities.Big Lots Enterprise Value over EBITDA is projected to slightly decrease based on the last few years of reporting. The past year's Enterprise Value over EBITDA was at 4.55
 2010 2014 2020 2022 (projected)
Consolidated Income125.3 M242.46 M177.78 M153.71 M
Direct Expenses3.24 B3.21 B3.75 B3.62 B

Big Lots fundamental ratios Correlations

1.00.610.980.48-0.310.440.940.440.90.41.00.550.740.481.00.49-0.24-0.47
1.00.640.960.51-0.350.470.950.480.880.381.00.580.770.521.00.52-0.28-0.44
0.610.640.420.99-0.930.980.510.980.2-0.210.611.00.980.990.640.99-0.920.41
0.980.960.420.28-0.090.230.920.240.970.490.980.350.580.280.960.29-0.02-0.65
0.480.510.990.28-0.971.00.381.00.05-0.30.481.00.941.00.511.0-0.970.55
-0.31-0.35-0.93-0.09-0.97-0.97-0.27-0.970.140.32-0.31-0.95-0.86-0.97-0.35-0.970.99-0.67
0.440.470.980.231.0-0.970.341.00.0-0.340.440.990.931.00.471.0-0.980.59
0.940.950.510.920.38-0.270.340.340.850.570.940.450.660.380.950.39-0.17-0.53
0.440.480.980.241.0-0.971.00.340.01-0.330.440.990.931.00.481.0-0.970.58
0.90.880.20.970.050.140.00.850.010.560.90.130.370.050.880.060.21-0.8
0.40.38-0.210.49-0.30.32-0.340.57-0.330.560.4-0.25-0.07-0.310.38-0.30.42-0.71
1.01.00.610.980.48-0.310.440.940.440.90.40.550.740.481.00.49-0.24-0.47
0.550.581.00.351.0-0.950.990.450.990.13-0.250.550.971.00.581.0-0.940.48
0.740.770.980.580.94-0.860.930.660.930.37-0.070.740.970.940.770.95-0.830.24
0.480.520.990.281.0-0.971.00.381.00.05-0.310.481.00.940.521.0-0.970.55
1.01.00.640.960.51-0.350.470.950.480.880.381.00.580.770.520.52-0.28-0.44
0.490.520.990.291.0-0.971.00.391.00.06-0.30.491.00.951.00.52-0.960.54
-0.24-0.28-0.92-0.02-0.970.99-0.98-0.17-0.970.210.42-0.24-0.94-0.83-0.97-0.28-0.96-0.74
-0.47-0.440.41-0.650.55-0.670.59-0.530.58-0.8-0.71-0.470.480.240.55-0.440.54-0.74
Click cells to compare fundamentals

Big Lots Account Relationship Matchups

Big Lots Investors Sentiment

The influence of Big Lots' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Big Lots. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Big Lots' public news can be used to forecast risks associated with investment in Big Lots. The trend in average sentiment can be used to explain how an investor holding Big Lots can time the market purely based on public headlines and social activities around Big Lots. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Big Lots' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Big Lots' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Big Lots' news discussions. The higher the estimate score, the more favorable is the investor's outlook on Big Lots.

Big Lots Implied Volatility

    
  85.49  
Big Lots' implied volatility exposes the market's sentiment of Big Lots stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Big Lots' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Big Lots stock will not fluctuate a lot when Big Lots' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Big Lots in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Big Lots' short interest history, or implied volatility extrapolated from Big Lots options trading.

Pair Trading with Big Lots

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 Big Lots 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 Big Lots will appreciate offsetting losses from the drop in the long position's value.

Moving against Big Lots

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The ability to find closely correlated positions to Big Lots could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Big Lots 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 Big Lots - 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 Big Lots to buy it.
The correlation of Big Lots is a statistical measure of how it moves in relation to other equities. 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 Big Lots moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big Lots 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 Big Lots 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.
Pair CorrelationCorrelation Matching
Continue to Trending Equities. Note that the Big Lots information on this page should be used as a complementary analysis to other Big Lots' 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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Is Big Lots' 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 Big Lots. If investors know Big Lots 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 Big Lots 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 YOY
-0.37
Market Capitalization
687.5 M
Quarterly Revenue Growth YOY
-0.15
Return On Assets
0.017
Return On Equity
0.0642
The market value of Big Lots is measured differently than its book value, which is the value of Big Lots that is recorded on the company's balance sheet. Investors also form their own opinion of Big Lots' value that differs from its market value or its book value, called intrinsic value, which is Big Lots' 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 Big Lots' market value can be influenced by many factors that don't directly affect Big Lots' 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 Big Lots' value and its price as these two are different measures arrived at by different means. Investors typically determine Big Lots value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Big Lots' 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.