Bridgford Foods Stock Alpha and Beta Analysis
| BRID Stock | USD 9.26 0.05 0.54% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Bridgford Foods. It also helps investors analyze the systematic and unsystematic risks associated with investing in Bridgford Foods over a specified time horizon. Remember, high Bridgford Foods' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Bridgford Foods' market risk premium analysis include:
Beta 0.22 | Alpha (0.17) | Risk 3.29 | Sharpe Ratio (0.16) | Expected Return (0.51) |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Bridgford |
Bridgford Foods Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Bridgford Foods market risk premium is the additional return an investor will receive from holding Bridgford Foods long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Bridgford Foods. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Bridgford Foods' performance over market.| α | -0.17 | β | 0.22 |
Bridgford Foods expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Bridgford Foods' Buy-and-hold return. Our buy-and-hold chart shows how Bridgford Foods performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Bridgford Foods Market Price Analysis
Market price analysis 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 understating and applying Bridgford Foods stock market price indicators, traders can identify Bridgford Foods position entry and exit signals to maximize returns.
Bridgford Foods Return and Market Media
The median price of Bridgford Foods for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 9.02 with a coefficient of variation of 10.8. The daily time series for the period is distributed with a sample standard deviation of 1.01, arithmetic mean of 9.39, and mean deviation of 0.64. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Bridgford Richard Eugene of 200 shares of Bridgford Foods at 8.6 subject to Rule 16b-3 | 09/09/2024 |
2 | Bridgford Foods VP purchases 1,720 in company stock - Investing.com | 09/10/2024 |
3 | Acquisition by Bridgford Richard Eugene of 105 shares of Bridgford Foods at 8.6 subject to Rule 16b-3 | 09/11/2024 |
4 | Acquisition by Bridgford Allan Jr. of tradable shares of Bridgford Foods at 10.77 subject to Rule 16b-3 | 09/12/2024 |
5 | Bridgford Foods V.P. production buys 4,355 in company stock - Investing.com | 09/13/2024 |
6 | Acquisition by Bridgford Brian E. of 300 shares of Bridgford Foods at 9.1 subject to Rule 16b-3 | 10/01/2024 |
7 | Acquisition by Bridgford Richard Eugene of 110 shares of Bridgford Foods at 15.51 subject to Rule 16b-3 | 10/11/2024 |
8 | Acquisition by Travis Robbins of tradable shares of Bridgford Foods at 11.53 subject to Rule 16b-3 | 10/24/2024 |
9 | West Bridgford Scepticism over plans to deal with parking issues | 11/15/2024 |
10 | BRID Stock Earnings Bridgford Foods Reported Results for Q1 2024 - MSN | 11/22/2024 |
About Bridgford Foods Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Bridgford or other stocks. Alpha measures the amount that position in Bridgford Foods has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2013 | 2023 | 2024 (projected) | Dividend Yield | 0.0219 | 0.0197 | 0.0119 | Price To Sales Ratio | 1.21 | 0.56 | 0.81 |
Bridgford Foods Upcoming Company Events
As portrayed in its financial statements, the presentation of Bridgford Foods' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bridgford Foods' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Bridgford Foods' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Bridgford Foods. Please utilize our Beneish M Score to check the likelihood of Bridgford Foods' management manipulating its earnings.
| 25th of January 2024 Upcoming Quarterly Report | View | |
| 31st of October 2023 Next Fiscal Quarter End | View |
Build Portfolio with Bridgford Foods
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Bridgford Foods Backtesting, Bridgford Foods Valuation, Bridgford Foods Correlation, Bridgford Foods Hype Analysis, Bridgford Foods Volatility, Bridgford Foods History and analyze Bridgford Foods Performance. For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Bridgford Foods technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.