Blue Competitors
| BLBD Stock | USD 57.34 1.87 3.16% |
Blue Bird vs Century Communities Correlation
Average diversification
The correlation between Blue Bird Corp and CCS is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Blue Bird Corp and CCS in the same portfolio, assuming nothing else is changed.
Moving against Blue Stock
The current year's Return On Tangible Assets is expected to grow to 0.07, whereas Return On Capital Employed is projected to grow to (147.48). At present, Blue Bird's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 26.8 M, whereas Non Current Assets Total are forecasted to decline to about 183 M.Blue Bird Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Blue Bird and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Blue and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Blue Bird Corp does not affect the price movement of the other competitor.
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Blue Stock performing well and Blue Bird Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Blue Bird's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PSNY | 6.55 | 0.11 | 0.01 | 0.22 | 7.48 | 13.55 | 34.99 | |||
| AIN | 1.69 | 0.02 | 0.02 | 0.10 | 2.76 | 3.53 | 10.65 | |||
| MCRI | 0.88 | 0.10 | 0.06 | 0.31 | 0.82 | 2.07 | 4.49 | |||
| MBC | 2.06 | (0.01) | 0.01 | 0.08 | 3.03 | 5.50 | 14.41 | |||
| WEN | 1.81 | (0.25) | 0.00 | (0.14) | 0.00 | 3.79 | 11.11 | |||
| TILE | 1.15 | 0.34 | 0.28 | 0.36 | 0.96 | 2.87 | 8.15 | |||
| PZZA | 1.73 | (0.30) | 0.00 | (1.29) | 0.00 | 4.42 | 11.96 | |||
| ACVA | 2.87 | (0.25) | 0.00 | (0.08) | 0.00 | 5.48 | 37.55 | |||
| MODG | 2.71 | 0.83 | 0.24 | (19.17) | 2.56 | 8.81 | 23.39 | |||
| CCS | 1.90 | 0.14 | 0.09 | 0.18 | 1.77 | 6.80 | 15.56 |
Cross Equities Net Income Analysis
Compare Blue Bird Corp and related stocks such as Polestar Automotive, Albany International, and Monarch Casino Resort Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PSNY | (198 M) | (198 M) | (198 M) | (198 M) | (198 M) | (198 M) | (198 M) | (198 M) | (198 M) | (198 M) | (484.9 M) | (1 B) | (479 M) | (1.2 B) | (2 B) | (1.8 B) | (1.8 B) |
| AIN | 11.4 M | 34.9 M | 31 M | 17.5 M | 41.6 M | 57.3 M | 52.7 M | 31 M | 82.9 M | 132.4 M | 98.6 M | 118.5 M | 95.8 M | 111.1 M | 87.6 M | 100.8 M | 105.8 M |
| MCRI | 500 K | 5.7 M | 8.9 M | 18 M | 14.2 M | 20.7 M | 24.6 M | 25.5 M | 34.1 M | 31.8 M | 23.7 M | 68.5 M | 87.5 M | 82.4 M | 72.8 M | 101.4 M | 106.5 M |
| MBC | 100.7 M | 100.7 M | 100.7 M | 100.7 M | 100.7 M | 100.7 M | 100.7 M | 100.7 M | 100.7 M | 100.7 M | 145.7 M | 182.6 M | 155.4 M | 182 M | 125.9 M | 144.8 M | 163.6 M |
| WEN | (7.8 M) | 9.9 M | 7.1 M | 45.5 M | 121.4 M | 161.1 M | 129.6 M | 194 M | 460.1 M | 136.9 M | 117.8 M | 200.4 M | 177.4 M | 204.4 M | 194.4 M | 223.5 M | 234.7 M |
| TILE | 6 M | 38.7 M | 5.9 M | 48.3 M | 24.8 M | 72.4 M | 54.2 M | 53.2 M | 50.3 M | 79.2 M | (71.9 M) | 55.2 M | 19.6 M | 44.5 M | 86.9 M | 100 M | 105 M |
| PZZA | 2.5 M | 55.7 M | 61.7 M | 69 M | 73.3 M | 75.7 M | 103.4 M | 103.7 M | 1.6 M | 4.9 M | 57.9 M | 120 M | 67.8 M | 82.1 M | 83.5 M | 96 M | 52.8 M |
| ACVA | (35.8 M) | (35.8 M) | (35.8 M) | (35.8 M) | (35.8 M) | (35.8 M) | (35.8 M) | (35.8 M) | (35.8 M) | (77.2 M) | (41 M) | (78.2 M) | (102.2 M) | (75.3 M) | (79.7 M) | (71.7 M) | (75.3 M) |
| CCS | 3 M | 3 M | 3 M | 12.4 M | 20 M | 39.9 M | 49.5 M | 50.3 M | 96.5 M | 113 M | 206.2 M | 498.5 M | 525.1 M | 259.2 M | 333.8 M | 147.6 M | 185 M |
Blue Bird Corp and related stocks such as Polestar Automotive, Albany International, and Monarch Casino Resort Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Blue Bird Corp financial statement analysis. It represents the amount of money remaining after all of Blue Bird Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Blue Bird Competitive Analysis
The better you understand Blue Bird competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Blue Bird's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Blue Bird's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Blue Bird Competition Performance Charts
Five steps to successful analysis of Blue Bird Competition
Blue Bird's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Blue Bird Corp in relation to its competition. Blue Bird's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Blue Bird in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Blue Bird's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Blue Bird Corp, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Blue Bird Correlation with its peers. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Will Construction Machinery & Heavy Transportation Equipment sector continue expanding? Could Blue diversify its offerings? Factors like these will boost the valuation of Blue Bird. Projected growth potential of Blue fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Blue Bird data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.093 | Earnings Share 3.96 | Revenue Per Share | Quarterly Revenue Growth 0.061 | Return On Assets |
Blue Bird Corp's market price often diverges from its book value, the accounting figure shown on Blue's balance sheet. Smart investors calculate Blue Bird's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Blue Bird's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Blue Bird's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Blue Bird should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Blue Bird'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.