Bg Staffing Stock Market Value
| BGSF Stock | USD 5.63 0.04 0.72% |
| Symbol | BGSF |
BG Staffing Price To Book Ratio
Is Human Resource & Employment Services space 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 BG Staffing. If investors know BGSF 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 BG Staffing 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 (0.47) | Dividend Share 0.15 | Earnings Share (0.13) | Revenue Per Share 25.929 | Quarterly Revenue Growth (0.15) |
The market value of BG Staffing is measured differently than its book value, which is the value of BGSF that is recorded on the company's balance sheet. Investors also form their own opinion of BG Staffing's value that differs from its market value or its book value, called intrinsic value, which is BG Staffing'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 BG Staffing's market value can be influenced by many factors that don't directly affect BG Staffing'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 BG Staffing's value and its price as these two are different measures arrived at by different means. Investors typically determine if BG Staffing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BG Staffing'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.
BG Staffing 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to BG Staffing's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of BG Staffing.
| 12/11/2022 |
| 11/30/2024 |
If you would invest 0.00 in BG Staffing on December 11, 2022 and sell it all today you would earn a total of 0.00 from holding BG Staffing or generate 0.0% return on investment in BG Staffing over 720 days. BG Staffing is related to or competes with Kelly Services, Korn Ferry, Heidrick Struggles, Hudson Global, ManpowerGroup, Kforce, and Kelly Services. BGSF, Inc. provides workforce solutions and placement services in the United States More
BG Staffing Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure BG Staffing's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess BG Staffing upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 27.33 | |||
| Value At Risk | (4.31) | |||
| Potential Upside | 3.46 |
BG Staffing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BG Staffing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BG Staffing's standard deviation. In reality, there are many statistical measures that can use BG Staffing historical prices to predict the future BG Staffing's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (0.97) | |||
| Treynor Ratio | (0.58) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BG Staffing's 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.
BG Staffing Backtested Returns
BG Staffing retains Efficiency (Sharpe Ratio) of -0.15, which signifies that the company had a -0.15% return per unit of price deviation over the last 3 months. BG Staffing exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BG Staffing's Variance of 11.05, market risk adjusted performance of (0.57), and Information Ratio of (0.16) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.72, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BG Staffing's returns are expected to increase less than the market. However, during the bear market, the loss of holding BG Staffing is expected to be smaller as well. At this point, BG Staffing has a negative expected return of -0.51%. Please make sure to confirm BG Staffing's standard deviation, kurtosis, relative strength index, as well as the relationship between the maximum drawdown and day median price , to decide if BG Staffing performance from the past will be repeated sooner or later.
Auto-correlation | 0.58 |
Modest predictability
BG Staffing has modest predictability. Overlapping area represents the amount of predictability between BG Staffing time series from 11th of December 2022 to 6th of December 2023 and 6th of December 2023 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BG Staffing price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current BG Staffing price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 1.43 |
BG Staffing lagged returns against current returns
Autocorrelation, which is BG Staffing stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting BG Staffing's stock expected returns. We can calculate the autocorrelation of BG Staffing returns to help us make a trade decision. For example, suppose you find that BG Staffing has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
BG Staffing regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If BG Staffing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BG Staffing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BG Staffing stock over time.
Current vs Lagged Prices |
| Timeline |
BG Staffing Lagged Returns
When evaluating BG Staffing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BG Staffing stock have on its future price. BG Staffing autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, BG Staffing autocorrelation shows the relationship between BG Staffing stock current value and its past values and can show if there is a momentum factor associated with investing in BG Staffing.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether BG Staffing is a strong investment it is important to analyze BG Staffing's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BG Staffing's future performance. For an informed investment choice regarding BGSF Stock, refer to the following important reports:Check out BG Staffing Correlation, BG Staffing Volatility and BG Staffing Alpha and Beta module to complement your research on BG Staffing. For more detail on how to invest in BGSF Stock please use our How to Invest in BG Staffing guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
BG Staffing 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.