Big 5 Stock Alpha and Beta Analysis

BGFV
 Stock
  

USD 11.21  0.09  0.81%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Big 5 Sporting. It also helps investors analyze the systematic and unsystematic risks associated with investing in Big 5 over a specified time horizon. Remember, high Big 5's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Continue to Big 5 Backtesting, Big 5 Valuation, Big 5 Correlation, Big 5 Hype Analysis, Big 5 Volatility, Big 5 History and analyze Big 5 Performance.
  
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Please note that although Big 5 alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Big 5 did 0.35  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Big 5 Sporting stock's relative risk over its benchmark. Big 5 Sporting has a beta of 1.32  . 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.
Big 5 Enterprise Value over EBIT is fairly stable at the moment as compared to the past year. Big 5 reported Enterprise Value over EBIT of 4.00 in 2021. Enterprise Value over EBITDA is likely to climb to 4.53 in 2022, whereas Book Value per Share is likely to drop 11.09 in 2022.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Big 5 Quarterly Book Value per Share

12.403

Share

Big 5 Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Big 5 market risk premium is the additional return an investor will receive from holding Big 5 long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Big 5. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Big 5's performance over market.
α-0.35   β1.32
90 days against DJI

Big 5 expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Big 5's Buy-and-hold return. Our buy-and-hold chart shows how Big 5 performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Big 5 Market Price Analysis

Market price analysis indicators help investors to evaluate how Big 5 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Big 5 shares will generate the highest return on investment. By understating and applying Big 5 stock market price indicators, traders can identify Big 5 position entry and exit signals to maximize returns.

Big 5 Return and Market Media

The median price of Big 5 for the period between Sat, Apr 2, 2022 and Fri, Jul 1, 2022 is 13.13 with a coefficient of variation of 15.08. The daily time series for the period is distributed with a sample standard deviation of 2.07, arithmetic mean of 13.72, and mean deviation of 1.82. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
Pre-earnings Bullish Momentum Pattern and Trigger in Big 5 S...04/14/2022
2
EPS Reported05/03/2022
3
BIG 5 SPORTING GOODS CORP Managements Discussion and Analysi...05/06/2022
4
Sale by Shane Starr of 3135 shares of Big 505/17/2022
5
Acquisition by Chang Lily W of 6345 shares of Big 5 subject ...06/10/2022
6
Financial Statements06/13/2022
7
Acquisition by David Jessick of 2649 shares of Big 5 subject...06/17/2022
8
Big 5 exotic insider transaction detected06/21/2022
9
Gun Stocks Surge Higher As Supreme Court Rejects New Yorks C...06/23/2022

About Big 5 Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Big 5 Sporting has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2012 2017 2018 2022 (projected)
Long Term Debt to Equity0.05850.260.02420.15
Interest Coverage19.019.94152.3185.4

Big 5 Upcoming Company Events

As portrayed in its financial statements, the presentation of Big 5's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Big 5's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Big 5's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Big 5. Please utilize our Beneish M Score to check the likelihood of Big 5's management manipulating its earnings.
Upcoming Quarterly Report1st of March 2022
Next Financial Report3rd of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End1st of March 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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Continue to Big 5 Backtesting, Big 5 Valuation, Big 5 Correlation, Big 5 Hype Analysis, Big 5 Volatility, Big 5 History and analyze Big 5 Performance. 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 Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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.
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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...