Concrete Stock Performance

BBCP
 Stock
  

USD 6.50  0.09  1.37%   

Concrete Pumping has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.8192, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Concrete's beta means in this case. As returns on the market increase, Concrete Pumping returns are expected to increase less than the market. However, during the bear market, the loss on holding Concrete Pumping will be expected to be smaller as well. Although it is important to respect Concrete Pumping Holdings historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards 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 Concrete Pumping Holdings technical indicators, you can presently evaluate if the expected return of 0.15% will be sustainable into the future. Concrete Pumping Holdings right now shows a risk of 2.11%. Please confirm Concrete Pumping Holdings sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change to decide if Concrete Pumping Holdings will be following its price patterns.
  
Concrete Performance
5 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Concrete Pumping Holdings are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of very conflicting fundamental indicators, Concrete Pumping may actually be approaching a critical reversion point that can send shares even higher in October 2022. ...more

Concrete Price Channel

Quick Ratio0.81
Fifty Two Week Low4.64
Target High Price10.00
Fifty Two Week High9.70
Target Low Price8.00

Concrete Pumping Relative Risk vs. Return Landscape

If you would invest  606.00  in Concrete Pumping Holdings on July 2, 2022 and sell it today you would earn a total of  53.00  from holding Concrete Pumping Holdings or generate 8.75% return on investment over 90 days. Concrete Pumping Holdings is currently generating 0.1549% in daily expected returns and assumes 2.1066% risk (volatility on return distribution) over the 90 days horizon. In different words, 18% of stocks are less volatile than Concrete, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Concrete Pumping is expected to generate 1.86 times more return on investment than the market. However, the company is 1.86 times more volatile than its market benchmark. It trades about 0.07 of its potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of risk.

Concrete Pumping Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Concrete Pumping's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Concrete Pumping Holdings, and traders can use it to determine the average amount a Concrete Pumping's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0735

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small ReturnsBBCP
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative Returns
Estimated Market Risk
 2.11
  actual daily
 
 18 %
of total potential
 
1818
Expected Return
 0.15
  actual daily
 
 2 %
of total potential
 
22
Risk-Adjusted Return
 0.07
  actual daily
 
 5 %
of total potential
 
55
Based on monthly moving average Concrete Pumping is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Concrete Pumping by adding it to a well-diversified portfolio.

About Concrete Pumping Performance

To evaluate Concrete Pumping Holdings Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Concrete Pumping generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Concrete Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Concrete Pumping Holdings market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Concrete's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Concrete Pumping Holdings, Inc. provides concrete pumping and waste management services in the United States and the United Kingdom. Concrete Pumping Holdings, Inc. was founded in 1983 and is headquartered in Thornton, Colorado. Concrete Pumping operates under Engineering Construction classification in the United States and is traded on NASDAQ Exchange. It employs 1300 people.

Things to note about Concrete Pumping Holdings

Checking the ongoing alerts about Concrete Pumping for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Concrete Pumping Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Concrete Pumping Alerts

Equity Alerts and Improvement Suggestions

About 63.0% of the company shares are held by institutions such as insurance companies
Continue to Trending Equities. Note that the Concrete Pumping Holdings information on this page should be used as a complementary analysis to other Concrete Pumping'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for Concrete Stock analysis

When running Concrete Pumping Holdings price analysis, check to measure Concrete Pumping'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 Concrete Pumping is operating at the current time. Most of Concrete Pumping's value examination focuses on studying past and present price action to predict the probability of Concrete Pumping's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Concrete Pumping's price. Additionally, you may evaluate how the addition of Concrete Pumping to your portfolios can decrease your overall portfolio volatility.
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Is Concrete Pumping'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 Concrete Pumping. If investors know Concrete 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 Concrete Pumping 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 Concrete Pumping Holdings is measured differently than its book value, which is the value of Concrete that is recorded on the company's balance sheet. Investors also form their own opinion of Concrete Pumping's value that differs from its market value or its book value, called intrinsic value, which is Concrete Pumping'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 Concrete Pumping's market value can be influenced by many factors that don't directly affect Concrete Pumping'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 Concrete Pumping's value and its price as these two are different measures arrived at by different means. Investors typically determine Concrete Pumping value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Concrete Pumping'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.