Buckle Inc Stock Market Value
| BKE Stock | USD 51.24 0.56 1.08% |
| Symbol | Buckle |
Buckle Inc Price To Book Ratio
Is Specialty Retail 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 Buckle. If investors know Buckle 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 Buckle 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 (0.15) | Earnings Share 3.9 | Revenue Per Share 24.737 | Quarterly Revenue Growth (0.03) | Return On Assets 0.1743 |
The market value of Buckle Inc is measured differently than its book value, which is the value of Buckle that is recorded on the company's balance sheet. Investors also form their own opinion of Buckle's value that differs from its market value or its book value, called intrinsic value, which is Buckle'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 Buckle's market value can be influenced by many factors that don't directly affect Buckle'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 Buckle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Buckle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Buckle'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.
Buckle '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 Buckle'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 Buckle.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Buckle on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Buckle Inc or generate 0.0% return on investment in Buckle over 60 days. Buckle is related to or competes with Ross Stores, Childrens Place, Guess, Genesco, Citi Trends, Zumiez, and Burlington Stores. The Buckle, Inc. operates as a retailer of casual apparel, footwear, and accessories for young men and women in the Unit... More
Buckle 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 Buckle'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 Buckle Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.45 | |||
| Information Ratio | 0.0902 | |||
| Maximum Drawdown | 7.53 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 4.83 |
Buckle Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Buckle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Buckle's standard deviation. In reality, there are many statistical measures that can use Buckle historical prices to predict the future Buckle's volatility.| Risk Adjusted Performance | 0.125 | |||
| Jensen Alpha | 0.1615 | |||
| Total Risk Alpha | (0.001) | |||
| Sortino Ratio | 0.1197 | |||
| Treynor Ratio | 0.2611 |
Buckle Inc Backtested Returns
Buckle appears to be very steady, given 3 months investment horizon. Buckle Inc secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Buckle Inc, which you can use to evaluate the volatility of the firm. Please makes use of Buckle's risk adjusted performance of 0.125, and Mean Deviation of 1.53 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Buckle holds a performance score of 14. The firm shows a Beta (market volatility) of 1.11, which signifies a somewhat significant risk relative to the market. Buckle returns are very sensitive to returns on the market. As the market goes up or down, Buckle is expected to follow. Please check Buckle's sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to make a quick decision on whether Buckle's price patterns will revert.
Auto-correlation | 0.46 |
Average predictability
Buckle Inc has average predictability. Overlapping area represents the amount of predictability between Buckle time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th 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 Buckle Inc price movement. The serial correlation of 0.46 indicates that about 46.0% of current Buckle price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 7.96 |
Buckle Inc lagged returns against current returns
Autocorrelation, which is Buckle 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 Buckle's stock expected returns. We can calculate the autocorrelation of Buckle returns to help us make a trade decision. For example, suppose you find that Buckle 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 |
Buckle 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 Buckle stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Buckle stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Buckle stock over time.
Current vs Lagged Prices |
| Timeline |
Buckle Lagged Returns
When evaluating Buckle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Buckle stock have on its future price. Buckle 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, Buckle autocorrelation shows the relationship between Buckle stock current value and its past values and can show if there is a momentum factor associated with investing in Buckle Inc.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Buckle Inc is a strong investment it is important to analyze Buckle'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 Buckle's future performance. For an informed investment choice regarding Buckle Stock, refer to the following important reports:Check out Buckle Correlation, Buckle Volatility and Buckle Alpha and Beta module to complement your research on Buckle. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Buckle 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.