Bridgford Foods Stock Forward View
| BRID Stock | USD 7.83 0.19 2.49% |
Bridgford Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Bridgford Foods stock prices and determine the direction of Bridgford Foods's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Bridgford Foods' historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, the relative strength index (RSI) of Bridgford Foods' share price is approaching 49 suggesting that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Bridgford Foods, making its price go up or down. Momentum 49
Impartial
Oversold | Overbought |
Quarterly Earnings Growth 0.325 | Wall Street Target Price 7.93 | Quarterly Revenue Growth 0.05 |
Using Bridgford Foods hype-based prediction, you can estimate the value of Bridgford Foods from the perspective of Bridgford Foods response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Bridgford Foods on the next trading day is expected to be 7.28 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 12.25. Bridgford Foods after-hype prediction price | USD 7.83 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
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Bridgford Foods Additional Predictive Modules
Most predictive techniques to examine Bridgford price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Bridgford using various technical indicators. When you analyze Bridgford charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Bridgford Foods Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Bridgford Foods' financial statements to predict how it will affect future prices.
Cash | First Reported 1985-08-31 | Previous Quarter 876 K | Current Value 876 K | Quarterly Volatility 6.1 M |
Bridgford Foods Naive Prediction Price Forecast For the 5th of February
Given 90 days horizon, the Naive Prediction forecasted value of Bridgford Foods on the next trading day is expected to be 7.28 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.06, and the sum of the absolute errors of 12.25.Please note that although there have been many attempts to predict Bridgford Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Bridgford Foods' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Bridgford Foods Stock Forecast Pattern
| Backtest Bridgford Foods | Bridgford Foods Price Prediction | Research Analysis |
Bridgford Foods Forecasted Value
In the context of forecasting Bridgford Foods' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Bridgford Foods' downside and upside margins for the forecasting period are 4.59 and 9.97, respectively. We have considered Bridgford Foods' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Bridgford Foods stock data series using in forecasting. Note that when a statistical model is used to represent Bridgford Foods stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 115.3484 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2009 |
| MAPE | Mean absolute percentage error | 0.0256 |
| SAE | Sum of the absolute errors | 12.2523 |
Predictive Modules for Bridgford Foods
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bridgford Foods. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Bridgford Foods After-Hype Price Density Analysis
As far as predicting the price of Bridgford Foods at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Bridgford Foods or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Bridgford Foods, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Bridgford Foods Estimiated After-Hype Price Volatility
In the context of predicting Bridgford Foods' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Bridgford Foods' historical news coverage. Bridgford Foods' after-hype downside and upside margins for the prediction period are 5.14 and 10.52, respectively. We have considered Bridgford Foods' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Bridgford Foods is somewhat reliable at this time. Analysis and calculation of next after-hype price of Bridgford Foods is based on 3 months time horizon.
Bridgford Foods Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Bridgford Foods is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bridgford Foods backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Bridgford Foods, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.04 | 2.69 | 0.00 | 0.01 | 6 Events / Month | 5 Events / Month | In about 6 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
7.83 | 7.83 | 0.00 |
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Bridgford Foods Hype Timeline
Bridgford Foods is currently traded for 7.83. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.01. Bridgford is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.04%. %. The volatility of related hype on Bridgford Foods is about 1169.57%, with the expected price after the next announcement by competition of 7.82. About 81.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.6. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bridgford Foods recorded a loss per share of 1.51. The entity last dividend was issued on the 23rd of November 2012. The firm had 11:10 split on the 4th of December 1998. Given the investment horizon of 90 days the next forecasted press release will be in about 6 days. Check out Historical Fundamental Analysis of Bridgford Foods to cross-verify your projections.Bridgford Foods Related Hype Analysis
Having access to credible news sources related to Bridgford Foods' direct competition is more important than ever and may enhance your ability to predict Bridgford Foods' future price movements. Getting to know how Bridgford Foods' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Bridgford Foods may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| JBS | JBS NV | (0.05) | 11 per month | 1.40 | 0.15 | 2.58 | (2.78) | 8.67 | |
| GIS | General Mills | (0.23) | 9 per month | 1.28 | 0.01 | 3.05 | (2.43) | 6.34 | |
| ADM | Archer Daniels Midland | (0.45) | 10 per month | 1.73 | 0.07 | 2.94 | (3.26) | 7.68 | |
| KVUE | Kenvue Inc | 0.04 | 10 per month | 0.67 | 0.17 | 2.39 | (1.19) | 15.22 | |
| MKC | McCormick Company Incorporated | (2.09) | 9 per month | 1.89 | 0.01 | 2.69 | (2.38) | 10.75 | |
| ABEV | Ambev SA ADR | (0.02) | 8 per month | 0.92 | 0.26 | 2.53 | (1.71) | 7.97 | |
| SJM | The J M | 2.73 | 10 per month | 1.35 | 0.04 | 2.52 | (2.14) | 5.77 | |
| EL | Estee Lauder Companies | (1.77) | 8 per month | 1.58 | 0.13 | 3.89 | (2.95) | 8.23 |
Other Forecasting Options for Bridgford Foods
For every potential investor in Bridgford, whether a beginner or expert, Bridgford Foods' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bridgford Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bridgford. Basic forecasting techniques help filter out the noise by identifying Bridgford Foods' price trends.Bridgford Foods 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 Bridgford Foods stock to make a market-neutral strategy. Peer analysis of Bridgford Foods could also be used in its relative valuation, which is a method of valuing Bridgford Foods by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bridgford Foods Market Strength Events
Market strength indicators help investors to evaluate how Bridgford Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bridgford Foods shares will generate the highest return on investment. By undertsting and applying Bridgford Foods stock market strength indicators, traders can identify Bridgford Foods entry and exit signals to maximize returns.
Bridgford Foods Risk Indicators
The analysis of Bridgford Foods' 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 Bridgford Foods' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bridgford 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 | 2.1 | |||
| Semi Deviation | 2.59 | |||
| Standard Deviation | 2.79 | |||
| Variance | 7.8 | |||
| Downside Variance | 8.71 | |||
| Semi Variance | 6.7 | |||
| Expected Short fall | (2.33) |
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.
Story Coverage note for Bridgford Foods
The number of cover stories for Bridgford Foods depends on current market conditions and Bridgford Foods' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Bridgford Foods is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Bridgford Foods' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Bridgford Foods Short Properties
Bridgford Foods' future price predictability will typically decrease when Bridgford Foods' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Bridgford Foods often depends not only on the future outlook of the potential Bridgford Foods' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Bridgford Foods' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.1 M | |
| Cash And Short Term Investments | 876 K |
Check out Historical Fundamental Analysis of Bridgford Foods to cross-verify your projections. For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Will Packaged Foods & Meats sector continue expanding? Could Bridgford diversify its offerings? Factors like these will boost the valuation of Bridgford Foods. Projected growth potential of Bridgford fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Bridgford Foods data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.325 | Earnings Share (1.51) | Revenue Per Share | Quarterly Revenue Growth 0.05 | Return On Assets |
Bridgford Foods's market price often diverges from its book value, the accounting figure shown on Bridgford's balance sheet. Smart investors calculate Bridgford Foods' 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 Bridgford Foods' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Bridgford Foods' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Bridgford Foods should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Bridgford Foods' 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.