Big 5 Stock Market Value

BGFV
 Stock
  

USD 12.69  0.33  2.53%   

Big 5's market value is the price at which a share of Big 5 stock trades on a public exchange. It measures the collective expectations of Big 5 Sporting investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Big 5 Sporting and determine expected loss or profit from investing in Big 5 over a given investment horizon. Continue to Big 5 Correlation, Big 5 Volatility and Big 5 Alpha and Beta module to complement your research on Big 5.
Symbol


Is Big 5'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 Big 5. If investors know Big 5 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 5 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
-0.75
Market Capitalization
288.7 M
Quarterly Revenue Growth YOY
-0.22
Return On Assets
0.0679
Return On Equity
0.23
The market value of Big 5 Sporting is measured differently than its book value, which is the value of Big 5 that is recorded on the company's balance sheet. Investors also form their own opinion of Big 5's value that differs from its market value or its book value, called intrinsic value, which is Big 5'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 Big 5's market value can be influenced by many factors that don't directly affect Big 5'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 Big 5's value and its price as these two are different measures arrived at by different means. Investors typically determine Big 5 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Big 5'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.

Big 5 '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 Big 5'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 Big 5.
0.00
06/25/2021
No Change 0.00  0.0 
In 1 year 1 month and 25 days
08/19/2022
0.00
If you would invest  0.00  in Big 5 on June 25, 2021 and sell it all today you would earn a total of 0.00 from holding Big 5 Sporting or generate 0.0% return on investment in Big 5 over 420 days. Big 5 is related to or competes with American Express, Disney, Travelers Companies, General Electric, Exxon, Pfizer, and 3M. Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States More

Big 5 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 Big 5'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 Big 5 Sporting upside and downside potential and time the market with a certain degree of confidence.

Big 5 Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Big 5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Big 5's standard deviation. In reality, there are many statistical measures that can use Big 5 historical prices to predict the future Big 5's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Big 5'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. Please use the tools below to analyze the current value of Big 5 in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
7.8612.7617.66
Details
Intrinsic
Valuation
LowReal ValueHigh
5.9110.8115.71
Details
Naive
Forecast
LowNext ValueHigh
9.4714.3719.27
Details
Earnings
Estimates (1)
LowProjected EPSHigh
4.504.514.52
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Big 5. Your research has to be compared to or analyzed against Big 5's peers to derive any actionable benefits. When done correctly, Big 5's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Big 5 Sporting.

Big 5 Sporting Backtested Returns

Big 5 appears to be slightly risky, given 3 months investment horizon. Big 5 Sporting secures Sharpe Ratio (or Efficiency) of 0.0461, which signifies that the company had 0.0461% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Big 5 Sporting, which you can use to evaluate the future volatility of the firm. Please makes use of Big 5's mean deviation of 3.51, and Risk Adjusted Performance of 0.0205 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Big 5 holds a performance score of 3. The firm shows a Beta (market volatility) of 1.5283, which signifies a somewhat significant risk relative to the market. Let's try to break down what Big 5's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Big 5 will likely underperform. Although it is important to respect Big 5 Sporting historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Big 5 Sporting technical indicators, you can presently evaluate if the expected return of 0.23% will be sustainable into the future. Please makes use of Big 5 Sporting variance, as well as the relationship between the value at risk and skewness to make a quick decision on whether Big 5 price patterns will revert.

Auto-correlation

    
  -0.07  

Very weak reverse predictability

Big 5 Sporting has very weak reverse predictability. Overlapping area represents the amount of predictability between Big 5 time series from 25th of June 2021 to 21st of January 2022 and 21st of January 2022 to 19th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Big 5 Sporting price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Big 5 price fluctuation can be explain by its past prices.
Correlation Coefficient-0.07
Spearman Rank Test0.1
Residual Average0.0
Price Variance5.57

Big 5 Sporting lagged returns against current returns

Autocorrelation, which is Big 5 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 Big 5's stock expected returns. We can calculate the autocorrelation of Big 5 returns to help us make a trade decision. For example, suppose you find that Big 5 stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Big 5 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 Big 5 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Big 5 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Big 5 stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Big 5 Lagged Returns

When evaluating Big 5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Big 5 stock have on its future price. Big 5 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, Big 5 autocorrelation shows the relationship between Big 5 stock current value and its past values and can show if there is a momentum factor associated with investing in Big 5 Sporting.
   Regressed Prices   
Share
       Timeline  

Big 5 Investors Sentiment

The influence of Big 5's 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 5. 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 5's public news can be used to forecast risks associated with investment in Big 5. The trend in average sentiment can be used to explain how an investor holding Big 5 can time the market purely based on public headlines and social activities around Big 5 Sporting. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Big 5's 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 5's 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 5's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Big 5.

Big 5 Implied Volatility

    
  99.07  
Big 5's implied volatility exposes the market's sentiment of Big 5 Sporting stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Big 5's 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 5 stock will not fluctuate a lot when Big 5's 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 5 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 5's short interest history, or implied volatility extrapolated from Big 5 options trading.

Pair Trading with Big 5

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 5 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 5 will appreciate offsetting losses from the drop in the long position's value.

Moving together with Big 5

0.79AAPAdvance Auto Parts Earnings Call  This WeekPairCorr
0.67BBBYBed Bath Beyond Normal TradingPairCorr
The ability to find closely correlated positions to Big 5 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 5 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 5 - 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 5 Sporting to buy it.
The correlation of Big 5 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 5 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big 5 Sporting 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 5 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 Big 5 Correlation, Big 5 Volatility and Big 5 Alpha and Beta module to complement your research on Big 5. Note that the Big 5 Sporting information on this page should be used as a complementary analysis to other Big 5'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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Big 5 Stock analysis

When running Big 5 Sporting price analysis, check to measure Big 5'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 Big 5 is operating at the current time. Most of Big 5's value examination focuses on studying past and present price action to predict the probability of Big 5's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Big 5's price. Additionally, you may evaluate how the addition of Big 5 to your portfolios can decrease your overall portfolio volatility.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Big 5 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.
A focus of Big 5 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Big 5 trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...