Big Lots Stock Technical Analysis

BIG -  USA Stock  

USD 27.54  1.77  6.04%

As of the 20th of May, Big Lots shows the mean deviation of 2.53, and Risk Adjusted Performance of (0.07). Big Lots technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Big Lots, which can be compared to its rivals. Please confirm Big Lots coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Big Lots is priced correctly, providing market reflects its regular price of 27.54 per share. Given that Big Lots has jensen alpha of (0.20), we suggest you to validate Big Lots's prevailing market performance to make sure the company can sustain itself at a future point.
  
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Big Lots Analyst Consensus

Target PriceAdvice# of Analysts
46.0Sell6Odds
Big Lots current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Big Lots analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Big Lots stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Big Lots, talking to its executives and customers, or listening to Big Lots conference calls.
Big Lots Analyst Advice Details
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...

Big Lots Technical Analysis

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The output start index for this execution was twenty-nine with a total number of output elements of two hundred thirty. The Normalized Average True Range is used to analyze tradable apportunities for Big Lots across different markets.
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Big Lots Trend Analysis

Use this graph to draw trend lines for Big Lots. You can use it to identify possible trend reversals for Big Lots as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Big Lots price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Big Lots Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Big Lots applied against its price change over selected period. The best fit line has a slop of   -0.13  , which may imply that the returns on investment in Big Lots will continue to fail. It has 518 observation points and a regression sum of squares at 47748.65, which is the sum of squared deviations for the predicted Big Lots price change compared to its average price change.

About Big Lots Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Big Lots on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Big Lots based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Big Lots stock first instead of the macroeconomic environment surrounding Big Lots. By analyzing Big Lots's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Big Lots's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Big Lots specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2014 2020 2021 2022 (projected)
Long Term Debt to Equity0.330.0280.07870.12
Interest Coverage9.2935.6786.7489.37

Big Lots May 20, 2022 Technical Indicators

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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Big Lots May 20, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Big Lots stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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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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.
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.