Bluelinx Holdings Stock Price on April 9, 2024

BXC Stock  USD 125.13  0.77  0.61%   
Below is the normalized historical share price chart for BlueLinx Holdings extending back to December 14, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of BlueLinx Holdings stands at 125.13, as last reported on the 29th of November, with the highest price reaching 129.00 and the lowest price hitting 124.81 during the day.
IPO Date
14th of December 2004
200 Day MA
108.8742
50 Day MA
112.4036
Beta
1.949
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in BlueLinx Stock, it is important to understand the factors that can impact its price. BlueLinx Holdings appears to be very steady, given 3 months investment horizon. BlueLinx Holdings secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found thirty technical indicators for BlueLinx Holdings, which you can use to evaluate the volatility of the firm. Please makes use of BlueLinx Holdings' Mean Deviation of 2.01, downside deviation of 2.44, and Risk Adjusted Performance of 0.1141 to double-check if our risk estimates are consistent with your expectations.
  
At present, BlueLinx Holdings' Other Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 12.7 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 6.5 M. . At present, BlueLinx Holdings' Price Earnings Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.69, whereas Price Book Value Ratio is forecasted to decline to 1.23. BlueLinx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1753

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Estimated Market Risk

 2.63
  actual daily
23
77% of assets are more volatile

Expected Return

 0.46
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
13
87% of assets perform better
Based on monthly moving average BlueLinx Holdings is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of BlueLinx Holdings by adding it to a well-diversified portfolio.
Price Book
1.5996
Enterprise Value Ebitda
9.7475
Price Sales
0.355
Shares Float
7.6 M
Wall Street Target Price
135.5

BlueLinx Holdings Valuation on April 9, 2024

It is possible to determine the worth of BlueLinx Holdings on a given historical date. On April 9, 2024 BlueLinx was worth 128.05 at the beginning of the trading date compared to the closed value of 128.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BlueLinx Holdings stock. Still, in general, we apply an absolute valuation method to find BlueLinx Holdings' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of BlueLinx Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BlueLinx Holdings' related companies.
 Open High Low Close Volume
  129.02    131.95    127.34    128.05    56,906  
04/09/2024
  128.05    128.17    126.00    128.17    61,159  
  123.57    125.82    119.77    120.55    53,895  
Backtest BlueLinx Holdings  |  BlueLinx Holdings History  |  BlueLinx Holdings Valuation   PreviousNext  
Open Value
128.05
120.16
Downside
128.17
Closing Value
135.94
Upside

BlueLinx Holdings Trading Date Momentum on April 9, 2024

On April 10 2024 BlueLinx Holdings was traded for  120.55  at the closing time. Highest BlueLinx Holdings's price during the trading hours was 125.82  and the lowest price during the day was  119.77 . The net volume was 53.9 K. The overall trading history on the 10th of April contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 5.95% . The overall trading delta to current price is 14.82% .

BlueLinx Holdings Fundamentals Correlations and Trends

By evaluating BlueLinx Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among BlueLinx Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BlueLinx financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About BlueLinx Holdings Stock history

BlueLinx Holdings investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for BlueLinx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BlueLinx Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing BlueLinx Holdings stock prices may prove useful in developing a viable investing in BlueLinx Holdings
Last ReportedProjected for Next Year
Common Stock Shares OutstandingM6.5 M
Net Income Applicable To Common Shares340.6 M357.6 M

BlueLinx Holdings Quarterly Net Working Capital

923.65 Million

BlueLinx Holdings Stock Technical Analysis

BlueLinx Holdings 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.
A focus of BlueLinx Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BlueLinx Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

BlueLinx Holdings Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

BlueLinx Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

BlueLinx Holdings November 29, 2024 Market Strength

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

BlueLinx Holdings Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for BlueLinx Holdings' price direction in advance. Along with the technical and fundamental analysis of BlueLinx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BlueLinx to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for BlueLinx Stock analysis

When running BlueLinx Holdings' price analysis, check to measure BlueLinx Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BlueLinx Holdings is operating at the current time. Most of BlueLinx Holdings' value examination focuses on studying past and present price action to predict the probability of BlueLinx Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlueLinx Holdings' price. Additionally, you may evaluate how the addition of BlueLinx Holdings to your portfolios can decrease your overall portfolio volatility.
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