Bristow Group Stock Market Value
| VTOL Stock | USD 37.91 0.31 0.81% |
| Symbol | Bristow |
Bristow Group Price To Book Ratio
Is Oil & Gas Equipment & 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 Bristow. If investors know Bristow 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 Bristow 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 5.333 | Earnings Share 1.85 | Revenue Per Share 48.112 | Quarterly Revenue Growth 0.079 | Return On Assets 0.0372 |
The market value of Bristow Group is measured differently than its book value, which is the value of Bristow that is recorded on the company's balance sheet. Investors also form their own opinion of Bristow's value that differs from its market value or its book value, called intrinsic value, which is Bristow'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 Bristow's market value can be influenced by many factors that don't directly affect Bristow'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 Bristow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bristow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bristow'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.
Bristow '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 Bristow'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 Bristow.
| 10/04/2024 |
| 12/03/2024 |
If you would invest 0.00 in Bristow on October 4, 2024 and sell it all today you would earn a total of 0.00 from holding Bristow Group or generate 0.0% return on investment in Bristow over 60 days. Bristow is related to or competes with Geospace Technologies, Weatherford International, Enerflex, RPC, NOV, Cactus, and Archrock. Bristow Group Inc. provides aviation services to integrated, national, and independent offshore energy companies in the ... More
Bristow 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 Bristow'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 Bristow Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 12.05 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 2.89 |
Bristow Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bristow's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bristow's standard deviation. In reality, there are many statistical measures that can use Bristow historical prices to predict the future Bristow's volatility.| Risk Adjusted Performance | 0.005 | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.01) |
Bristow Group Backtested Returns
Bristow Group secures Sharpe Ratio (or Efficiency) of -0.0068, which signifies that the company had a -0.0068% return per unit of risk over the last 3 months. Bristow Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bristow's Mean Deviation of 1.55, risk adjusted performance of 0.005, and Standard Deviation of 2.3 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.21, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bristow will likely underperform. At this point, Bristow Group has a negative expected return of -0.0156%. Please make sure to confirm Bristow's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Bristow Group performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.63 |
Very good reverse predictability
Bristow Group has very good reverse predictability. Overlapping area represents the amount of predictability between Bristow time series from 4th of October 2024 to 3rd of November 2024 and 3rd of November 2024 to 3rd of December 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 Bristow Group price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Bristow price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 1.37 |
Bristow Group lagged returns against current returns
Autocorrelation, which is Bristow 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 Bristow's stock expected returns. We can calculate the autocorrelation of Bristow returns to help us make a trade decision. For example, suppose you find that Bristow 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 |
Bristow 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 Bristow stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bristow stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bristow stock over time.
Current vs Lagged Prices |
| Timeline |
Bristow Lagged Returns
When evaluating Bristow's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bristow stock have on its future price. Bristow 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, Bristow autocorrelation shows the relationship between Bristow stock current value and its past values and can show if there is a momentum factor associated with investing in Bristow Group.
Regressed Prices |
| Timeline |
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Bristow 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.