Bg Staffing Stock Probability of Future Stock Price Finishing Under 2.34
| BGSF Stock | USD 5.73 0.02 0.35% |
BGSF |
BG Staffing Target Price Odds to finish below 2.34
The tendency of BGSF Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 2.34 or more in 90 days |
| 5.73 | 90 days | 2.34 | near 1 |
Based on a normal probability distribution, the odds of BG Staffing to drop to $ 2.34 or more in 90 days from now is near 1 (This BG Staffing probability density function shows the probability of BGSF Stock to fall within a particular range of prices over 90 days) . Probability of BG Staffing price to stay between $ 2.34 and its current price of $5.73 at the end of the 90-day period is about 1.1 .
Given the investment horizon of 90 days BG Staffing has a beta of 0.69 suggesting as returns on the market go up, BG Staffing average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BG Staffing will be expected to be much smaller as well. Additionally BG Staffing has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. BG Staffing Price Density |
| Price |
Predictive Modules for BG Staffing
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BG Staffing. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BG Staffing's 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.
BG Staffing Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BG Staffing is not an exception. The market had few large corrections towards the BG Staffing's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold BG Staffing, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BG Staffing within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.54 | |
β | Beta against Dow Jones | 0.69 | |
σ | Overall volatility | 0.83 | |
Ir | Information ratio | -0.17 |
BG Staffing Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of BG Staffing for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BG Staffing can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BG Staffing generated a negative expected return over the last 90 days | |
| BG Staffing has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 313.17 M. Net Loss for the year was (10.22 M) with profit before overhead, payroll, taxes, and interest of 103.55 M. | |
| BG Staffing has a strong financial position based on the latest SEC filings | |
| Latest headline from simplywall.st: Why Investors Shouldnt Be Surprised By BGSF, Inc.s 29 percent Share Price Plunge |
BG Staffing Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of BGSF Stock often depends not only on the future outlook of the current and potential BG Staffing's 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. BG Staffing's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.8 M |
BG Staffing Technical Analysis
BG Staffing's future price can be derived by breaking down and analyzing its technical indicators over time. BGSF Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BG Staffing. In general, you should focus on analyzing BGSF Stock price patterns and their correlations with different microeconomic environments and drivers.
BG Staffing Predictive Forecast Models
BG Staffing's time-series forecasting models is one of many BG Staffing's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary BG Staffing's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about BG Staffing
Checking the ongoing alerts about BG Staffing for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BG Staffing help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BG Staffing generated a negative expected return over the last 90 days | |
| BG Staffing has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 313.17 M. Net Loss for the year was (10.22 M) with profit before overhead, payroll, taxes, and interest of 103.55 M. | |
| BG Staffing has a strong financial position based on the latest SEC filings | |
| Latest headline from simplywall.st: Why Investors Shouldnt Be Surprised By BGSF, Inc.s 29 percent Share Price Plunge |
Check out BG Staffing Backtesting, BG Staffing Valuation, BG Staffing Correlation, BG Staffing Hype Analysis, BG Staffing Volatility, BG Staffing History as well as BG Staffing Performance. For more detail on how to invest in BGSF Stock please use our How to Invest in BG Staffing guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Human Resource & Employment 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 BG Staffing. If investors know BGSF 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 BG Staffing 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 (0.47) | Dividend Share 0.15 | Earnings Share (0.13) | Revenue Per Share 25.929 | Quarterly Revenue Growth (0.15) |
The market value of BG Staffing is measured differently than its book value, which is the value of BGSF that is recorded on the company's balance sheet. Investors also form their own opinion of BG Staffing's value that differs from its market value or its book value, called intrinsic value, which is BG Staffing'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 BG Staffing's market value can be influenced by many factors that don't directly affect BG Staffing'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 BG Staffing's value and its price as these two are different measures arrived at by different means. Investors typically determine if BG Staffing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BG Staffing'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.