Birks Stock Forecast - Relative Strength Index
| BGI Stock | USD 1.61 0.20 11.05% |
Birks Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Birks' historical fundamentals, such as revenue growth or operating cash flow patterns.
Birks |
| Previous Relative Strength Index | Relative Strength Index | Trend |
| 28.33 | 28.33 |
| Check Birks Volatility | Backtest Birks | Information Ratio |
Birks Trading Date Momentum
| On November 21 2024 Birks Group was traded for 1.61 at the closing time. Highest Birks's price during the trading hours was 1.72 and the lowest price during the day was 1.53 . The net volume was 46.4 K. The overall trading history on the 21st of November did not affect price variability. The overall trading delta to current price is 0.00% . |
| Compare Birks to competition |
Other Forecasting Options for Birks
For every potential investor in Birks, whether a beginner or expert, Birks' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Birks Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Birks. Basic forecasting techniques help filter out the noise by identifying Birks' price trends.Birks Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Birks stock to make a market-neutral strategy. Peer analysis of Birks could also be used in its relative valuation, which is a method of valuing Birks by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Birks Group Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Birks' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Birks' current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Birks Market Strength Events
Market strength indicators help investors to evaluate how Birks stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Birks shares will generate the highest return on investment. By undertsting and applying Birks stock market strength indicators, traders can identify Birks Group entry and exit signals to maximize returns.
Birks Risk Indicators
The analysis of Birks' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Birks' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting birks stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.66 | |||
| Standard Deviation | 2.58 | |||
| Variance | 6.67 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether Birks Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Birks' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Birks Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Birks Group Stock:Check out Historical Fundamental Analysis of Birks to cross-verify your projections. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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 Birks. If investors know Birks 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 Birks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.17) | Revenue Per Share 9.722 | Quarterly Revenue Growth 0.175 | Return On Assets 0.0038 | Return On Equity (5.89) |
The market value of Birks Group is measured differently than its book value, which is the value of Birks that is recorded on the company's balance sheet. Investors also form their own opinion of Birks' value that differs from its market value or its book value, called intrinsic value, which is Birks' 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 Birks' market value can be influenced by many factors that don't directly affect Birks' 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 Birks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Birks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Birks' 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.