Big Lots Stock Statistic Functions Beta

BIG
 Stock
  

USD 20.97  0.70  3.23%   

Big Lots statistic functions tool provides the execution environment for running the Beta function and other technical functions against Big Lots. Big Lots value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Big Lots statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on Big Lots correlated with the market. If Beta is less than 0 Big Lots generally moves in the opposite direction as compared to the market. If Big Lots Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Big Lots is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Big Lots is generally in the same direction as the market. If Beta > 1 Big Lots moves generally in the same direction as, but more than the movement of the benchmark.
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Big Lots Technical Analysis Modules

Most technical analysis of Big Lots help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Big Lots from various momentum indicators to cycle indicators. When you analyze Big Lots charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Big Lots Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Big Lots. We use our internally-developed statistical techniques to arrive at the intrinsic value of Big Lots based on widely used predictive technical indicators. In general, we focus on analyzing Big Lots Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Big Lots's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Big Lots's intrinsic value. In addition to deriving basic predictive indicators for Big Lots, we also check how macroeconomic factors affect Big Lots price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2010 2014 2020 2022 (projected)
Long Term Debt to Equity0.08540.330.0034740.0432
Interest Coverage57.039.2925.8359.25
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Big Lots' 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 Lots in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
16.7421.3625.98
Details
Intrinsic
Valuation
LowReal ValueHigh
18.8727.0231.64
Details
Naive
Forecast
LowNext ValueHigh
17.8322.4527.06
Details
8 Analysts
Consensus
LowTarget PriceHigh
37.0046.0054.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Big Lots. Your research has to be compared to or analyzed against Big Lots' peers to derive any actionable benefits. When done correctly, Big Lots' 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 Lots.

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.

Big Lots Implied Volatility

    
  67.83  
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.

Current Sentiment - BIG

Big Lots Investor Sentiment

Greater number of Macroaxis users are currently bullish on Big Lots. What is your opinion about investing in Big Lots? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index
Invested less than 1 share
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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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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
626.6 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.