BlueLinx Competitors
| BXC Stock | USD 69.56 0.90 1.31% |
BlueLinx Holdings vs Jeld Wen Correlation
Very weak diversification
The correlation between BlueLinx Holdings and JELD is 0.58 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BlueLinx Holdings and JELD in the same portfolio, assuming nothing else is changed.
Moving together with BlueLinx Stock
At present, BlueLinx Holdings' Return On Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.07, whereas Return On Capital Employed is forecasted to decline to 0.06. At present, BlueLinx Holdings' Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 32.5 M, whereas Total Assets are forecasted to decline to about 956.2 M.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BlueLinx Holdings' 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.
BlueLinx Holdings Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between BlueLinx Holdings 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 BlueLinx 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 BlueLinx Holdings does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between BlueLinx Stock performing well and BlueLinx Holdings 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 BlueLinx Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CASS | 1.23 | 0.15 | 0.10 | 0.22 | 1.20 | 3.24 | 7.22 | |||
| CODI | 4.13 | (0.23) | 0.00 | (0.11) | 0.00 | 7.26 | 35.68 | |||
| CVLG | 1.58 | 0.31 | 0.23 | 0.22 | 1.16 | 4.95 | 9.12 | |||
| CLCO | 0.28 | 0.02 | (0.09) | (0.11) | 0.37 | 0.62 | 2.26 | |||
| ASC | 1.48 | 0.05 | 0.00 | (0.64) | 1.61 | 3.48 | 9.74 | |||
| ASPN | 3.62 | (1.16) | 0.00 | (0.35) | 0.00 | 5.80 | 52.64 | |||
| NX | 2.11 | 0.22 | 0.10 | 0.17 | 2.32 | 6.18 | 14.57 | |||
| TATT | 2.18 | 0.27 | 0.09 | 0.28 | 2.79 | 5.38 | 13.21 | |||
| JELD | 4.10 | (0.66) | 0.00 | (1.03) | 0.00 | 9.36 | 32.15 |
Cross Equities Net Income Analysis
Compare BlueLinx Holdings and related stocks such as Cass Information Systems, Compass Diversified, and Covenant Logistics Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CASS | 6.2 M | 23 M | 23.3 M | 23.5 M | 24 M | 23.1 M | 24.3 M | 25 M | 30.3 M | 30.4 M | 25.2 M | 28.6 M | 34.9 M | 30.1 M | 19.2 M | 35.1 M | 20.2 M |
| CODI | 7.4 M | 65 M | (3.9 M) | 68.1 M | 278.8 M | 161.8 M | 54.7 M | 28 M | (5.7 M) | 301.9 M | 22.8 M | 114.6 M | (59.2 M) | 108.6 M | (208.9 M) | (240.2 M) | (228.2 M) |
| CVLG | 7.3 M | (14.3 M) | 6.1 M | 5.2 M | 17.8 M | 42.1 M | 16.8 M | 55.4 M | 42.5 M | 8.5 M | (42.7 M) | 60.7 M | 108.7 M | 55.2 M | 35.9 M | 41.3 M | 43.4 M |
| CLCO | 21.9 M | 21.9 M | 21.9 M | 21.9 M | 21.9 M | 21.9 M | 21.9 M | 21.9 M | 21.9 M | 21.9 M | 21.9 M | 21.9 M | 84.1 M | 174.7 M | 98.1 M | 112.9 M | 104.2 M |
| ASC | (3 M) | (3 M) | (4.5 M) | (3.8 M) | 1.7 M | 32 M | 3.7 M | (12.5 M) | (42.9 M) | (22.9 M) | (6 M) | (36.8 M) | 138.5 M | 116.8 M | 133 M | 153 M | 160.6 M |
| ASPN | (18.6 M) | (32.8 M) | (56.1 M) | (47.6 M) | (66.3 M) | (6.4 M) | (12 M) | (19.3 M) | (34.4 M) | (4.8 M) | (11.9 M) | (27.9 M) | (37.1 M) | (45.8 M) | 13.4 M | 15.4 M | 16.2 M |
| NX | 18.9 M | (16.5 M) | (11.7 M) | 29.2 M | 16.1 M | (1.9 M) | 18.7 M | 26.3 M | (46.7 M) | 38.5 M | 57 M | 88.3 M | 82.5 M | 33.1 M | (250.8 M) | (225.7 M) | (214.4 M) |
| TATT | 700 K | (1 M) | (1.7 M) | 2.8 M | 1.4 M | 5.8 M | 62 K | 2.4 M | (4.4 M) | 806 K | (3.3 M) | (3.6 M) | (1.6 M) | 4.7 M | 11.2 M | 12.8 M | 13.5 M |
| JELD | (68.4 M) | (68.4 M) | (68.4 M) | (68.4 M) | (84.1 M) | 90.9 M | 357.5 M | 10.8 M | 144.3 M | 63 M | 91.6 M | 168.8 M | 45.7 M | 62.4 M | (189 M) | (170.1 M) | (161.6 M) |
BlueLinx Holdings and related stocks such as Cass Information Systems, Compass Diversified, and Covenant Logistics Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in BlueLinx Holdings financial statement analysis. It represents the amount of money remaining after all of BlueLinx Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.BlueLinx Holdings Competitive Analysis
The better you understand BlueLinx Holdings competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, BlueLinx Holdings' 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 BlueLinx Holdings' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
BlueLinx Holdings Competition Performance Charts
Five steps to successful analysis of BlueLinx Holdings Competition
BlueLinx Holdings' 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 BlueLinx Holdings in relation to its competition. BlueLinx Holdings' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of BlueLinx Holdings 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 BlueLinx Holdings' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to BlueLinx Holdings, 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 BlueLinx Holdings Correlation with its peers. For information on how to trade BlueLinx Stock refer to our How to Trade BlueLinx Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Will Trading Companies & Distributors sector continue expanding? Could BlueLinx diversify its offerings? Factors like these will boost the valuation of BlueLinx Holdings. Projected growth potential of BlueLinx fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every BlueLinx Holdings data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.89) | Earnings Share 1.74 | Revenue Per Share | Quarterly Revenue Growth 0.002 | Return On Assets |
The market value of BlueLinx Holdings is measured differently than its book value, which is the value of BlueLinx that is recorded on the company's balance sheet. Investors also form their own opinion of BlueLinx Holdings' value that differs from its market value or its book value, called intrinsic value, which is BlueLinx Holdings' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because BlueLinx Holdings' market value can be influenced by many factors that don't directly affect BlueLinx Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between BlueLinx Holdings' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding BlueLinx Holdings should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, BlueLinx Holdings' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.