BG Foods Stock Market Value

BGS
 Stock
  

USD 16.49  0.37  2.19%   

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


Is BG 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 BG Foods. If investors know BG Foods 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 BG Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of BG Foods Holdings is measured differently than its book value, which is the value of BG Foods that is recorded on the company's balance sheet. Investors also form their own opinion of BG Foods' value that differs from its market value or its book value, called intrinsic value, which is BG 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 BG Foods' market value can be influenced by many factors that don't directly affect BG 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 BG Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine BG Foods value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BG 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.

BG Foods '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 BG Foods' 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 BG Foods.
0.00
09/01/2022
No Change 0.00  0.0 
In 30 days
10/01/2022
0.00
If you would invest  0.00  in BG Foods on September 1, 2022 and sell it all today you would earn a total of 0.00 from holding BG Foods Holdings or generate 0.0% return on investment in BG Foods over 30 days. BG Foods is related to or competes with Amazon. BG Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods, and household products... More

BG Foods 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 BG Foods' 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 BG Foods Holdings upside and downside potential and time the market with a certain degree of confidence.

BG Foods Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BG Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BG Foods' standard deviation. In reality, there are many statistical measures that can use BG Foods historical prices to predict the future BG Foods' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of BG 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. Please use the tools below to analyze the current value of BG Foods in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
14.4616.9519.44
Details
Intrinsic
Valuation
LowReal ValueHigh
14.8421.4223.91
Details
Naive
Forecast
LowNext ValueHigh
14.0316.5219.02
Details
3 Analysts
Consensus
LowTarget PriceHigh
26.0027.5029.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BG Foods. Your research has to be compared to or analyzed against BG Foods' peers to derive any actionable benefits. When done correctly, BG Foods' 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 BG Foods Holdings.

BG Foods Holdings Backtested Returns

BG Foods Holdings retains Efficiency (Sharpe Ratio) of -0.23, which signifies that the company had -0.23% of return per unit of price deviation over the last 3 months. Macroaxis outlook to foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. BG Foods exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm BG Foods Holdings Standard Deviation of 2.49, coefficient of variation of (518.90), and Market Risk Adjusted Performance of (0.67) to double-check the risk estimate we provide.
The firm owns a Beta (Systematic Risk) of 0.7194, which signifies possible diversification benefits within a given portfolio. Let's try to break down what BG Foods's beta means in this case. As returns on the market increase, BG Foods returns are expected to increase less than the market. However, during the bear market, the loss on holding BG Foods will be expected to be smaller as well. Even though it is essential to pay attention to BG Foods Holdings existing price patterns, it is always good to be careful when utilizing equity price patterns. Our way in which we are foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. BG Foods exposes twenty-eight different technical indicators, which can help you to evaluate its performance. BG Foods Holdings has an expected return of -0.56%. Please be advised to confirm BG Foods Holdings coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power to decide if BG Foods Holdings performance from the past will be repeated sooner or later.

Auto-correlation

    
  0.70  

Good predictability

BG Foods Holdings has good predictability. Overlapping area represents the amount of predictability between BG Foods time series from 1st of September 2022 to 16th of September 2022 and 16th of September 2022 to 1st of October 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 BG Foods Holdings price movement. The serial correlation of 0.7 indicates that around 70.0% of current BG Foods price fluctuation can be explain by its past prices.
Correlation Coefficient0.7
Spearman Rank Test0.09
Residual Average0.0
Price Variance0.51

BG Foods Holdings lagged returns against current returns

Autocorrelation, which is BG Foods 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 BG Foods' stock expected returns. We can calculate the autocorrelation of BG Foods returns to help us make a trade decision. For example, suppose you find that BG Foods 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   
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       Timeline  

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

BG Foods Lagged Returns

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

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 BG Foods 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, BG Foods' short interest history, or implied volatility extrapolated from BG Foods options trading.

Pair Trading with BG Foods

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

Moving together with BG Foods

+0.62HRLHormel Foods Corp Fiscal Year End 8th of December 2022 PairCorr
+0.78MKCMccormick Earnings Call  This WeekPairCorr
+0.85PGProcter Gamble TrendingPairCorr
The ability to find closely correlated positions to BG Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BG Foods 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 BG Foods - 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 BG Foods Holdings to buy it.
The correlation of BG Foods 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 BG Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BG Foods Holdings 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 BG Foods 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 BG Foods Correlation, BG Foods Volatility and BG Foods Alpha and Beta module to complement your research on BG Foods. Note that the BG Foods Holdings information on this page should be used as a complementary analysis to other BG Foods' 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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for BG Foods Stock analysis

When running BG Foods Holdings price analysis, check to measure BG 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 BG Foods is operating at the current time. Most of BG Foods' value examination focuses on studying past and present price action to predict the probability of BG Foods' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BG Foods' price. Additionally, you may evaluate how the addition of BG Foods to your portfolios can decrease your overall portfolio volatility.
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BG Foods 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 BG Foods technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BG Foods 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...