BG Staffing Stock Forecast - Daily Balance Of Power

BGSF Stock  USD 5.73  0.02  0.35%   
BGSF Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of BG Staffing's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At this time, BG Staffing's Receivables Turnover is most likely to increase slightly in the upcoming years. The BG Staffing's current Asset Turnover is estimated to increase to 2.62, while Fixed Asset Turnover is projected to decrease to 44.72. . The BG Staffing's current Net Income Applicable To Common Shares is estimated to increase to about 30.6 M, while Common Stock Shares Outstanding is projected to decrease to roughly 9.3 M.
On February 23, 2024 BG Staffing had Daily Balance Of Power of 0.4762. Balance of Power indicator (or BOP) measures the strength of BG Staffing market sensitivity to bulls and bears. It estimates the ability of BG Staffing buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring BG Staffing Balance of Power indicator one can determine a trend of the price direction.
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BG Staffing Trading Date Momentum

On February 26 2024 BG Staffing was traded for  9.77  at the closing time. The top price for the day was 9.79  and the lowest listed price was  9.60 . The trading volume for the day was 6.2 K. The trading history from February 26, 2024 was a factor to the next trading day price rise. The overall trading delta against the next closing price was 2.73% . The overall trading delta against the current closing price is 7.05% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for BG Staffing

For every potential investor in BGSF, whether a beginner or expert, BG Staffing's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BGSF Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BGSF. Basic forecasting techniques help filter out the noise by identifying BG Staffing's price trends.

BG Staffing 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 BG Staffing stock to make a market-neutral strategy. Peer analysis of BG Staffing could also be used in its relative valuation, which is a method of valuing BG Staffing by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

BG Staffing 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 BG Staffing's 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 BG Staffing's current price.

BG Staffing Market Strength Events

Market strength indicators help investors to evaluate how BG Staffing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BG Staffing shares will generate the highest return on investment. By undertsting and applying BG Staffing stock market strength indicators, traders can identify BG Staffing entry and exit signals to maximize returns.

BG Staffing Risk Indicators

The analysis of BG Staffing's 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 BG Staffing's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bgsf 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.
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.

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When determining whether BG Staffing is a strong investment it is important to analyze BG Staffing's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BG Staffing's future performance. For an informed investment choice regarding BGSF Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of BG Staffing to cross-verify your projections.
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.