Big Lots Stock Alpha and Beta Analysis

BIG
 Stock
  

USD 21.67  0.60  2.69%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Big Lots. It also helps investors analyze the systematic and unsystematic risks associated with investing in Big Lots over a specified time horizon. Remember, high Big Lots' 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 Lots Backtesting, Big Lots Valuation, Big Lots Correlation, Big Lots Hype Analysis, Big Lots Volatility, Big Lots History and analyze Big Lots Performance.
  
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Please note that although Big Lots 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 Lots did 0.48  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 Lots stock's relative risk over its benchmark. Big Lots has a beta of 1.35  . Let's try to break down what Big Lots'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 Lots will likely underperform.
Big Lots Enterprise Value over EBITDA is projected to slightly decrease based on the last few years of reporting. The past year's Enterprise Value over EBITDA was at 4.55. The current year Price to Book Value is expected to grow to 2.27, whereas Tangible Assets Book Value per Share are forecasted to decline to 83.79.
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 Lots Quarterly Book Value per Share

34.252

Share

Big Lots Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Big Lots market risk premium is the additional return an investor will receive from holding Big Lots 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 Lots. 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 Lots' performance over market.
α-0.48   β1.35
90 days against DJI

Big Lots 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 Lots' Buy-and-hold return. Our buy-and-hold chart shows how Big Lots performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Big Lots Market Price Analysis

Market price analysis indicators help investors to evaluate how Big Lots 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 Lots shares will generate the highest return on investment. By understating and applying Big Lots stock market price indicators, traders can identify Big Lots position entry and exit signals to maximize returns.

Big Lots Return and Market Media

The median price of Big Lots for the period between Fri, Apr 1, 2022 and Thu, Jun 30, 2022 is 32.43 with a coefficient of variation of 18.88. The daily time series for the period is distributed with a sample standard deviation of 5.69, arithmetic mean of 30.14, and mean deviation of 5.04. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
Sale by Nicholas Padovano of 3500 shares of Big Lots04/04/2022
2
3 High-Yielding Dividend Stocks to Buy on the Dip - The Motl...04/13/2022
3
Acquisition by Gene Burt of 1868 shares of Big Lots subject ...04/18/2022
4
Payment of 848 shares by Gene Burt of Big Lots subject to Ru...04/19/2022
5
WMT Walmart vs. Big Lots Which Stock is a Better Buy - Stock...04/22/2022
6
EPS Estimate04/27/2022
7
Lots to Focus On Global Week Ahead - Zacks Investment Resear...05/02/2022
8
Big Lots investors are sitting on a loss of 51 percent if th...05/05/2022
9
Are we in a recession Retail earnings preview Costco, Dollar...05/20/2022
10
Acquisition by Wendy Schoppert of 4844 shares of Big Lots su...05/25/2022
11
EPS Reported05/27/2022
12
Unclassified Event05/31/2022
13
Unclassified Event06/01/2022
14
Kohls puts up a for-sale sign Business thetandd.com - The Ti...06/08/2022

About Big Lots 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 Lots 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.
 2010 2014 2020 2022 (projected)
Long Term Debt to Equity0.08540.330.0034740.0432
Interest Coverage57.039.2925.8359.25

Big Lots Upcoming Company Events

As portrayed in its financial statements, the presentation of Big Lots' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Big Lots' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Big Lots' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Big Lots. Please utilize our Beneish M Score to check the likelihood of Big Lots' management manipulating its earnings.
Upcoming Quarterly Report4th of March 2022
Next Financial Report27th of May 2022
Next Fiscal Quarter End31st of January 2022
Next Fiscal Year End4th of March 2022
Last Quarter Report31st of October 2021
Last Financial Announcement31st of January 2021

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Continue to Big Lots Backtesting, Big Lots Valuation, Big Lots Correlation, Big Lots Hype Analysis, Big Lots Volatility, Big Lots History and analyze Big Lots Performance. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Big Lots Stock analysis

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