Boise Cascad Llc Stock Market Value
| BCC Stock | USD 152.50 8.72 6.06% |
| Symbol | Boise |
Is Paper & Forest Products 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 Boise Cascad. If investors know Boise 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 Boise Cascad 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 (0.35) | Dividend Share 0.81 | Earnings Share 10.21 | Revenue Per Share 172.715 | Quarterly Revenue Growth (0.07) |
The market value of Boise Cascad Llc is measured differently than its book value, which is the value of Boise that is recorded on the company's balance sheet. Investors also form their own opinion of Boise Cascad's value that differs from its market value or its book value, called intrinsic value, which is Boise Cascad'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 Boise Cascad's market value can be influenced by many factors that don't directly affect Boise Cascad'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 Boise Cascad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boise Cascad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boise Cascad'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.
Boise Cascad 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Boise Cascad's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Boise Cascad.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Boise Cascad on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Boise Cascad Llc or generate 0.0% return on investment in Boise Cascad over 180 days. Boise Cascad is related to or competes with Eagle Materials, Cementos Pacasmayo, James Hardie, United States, Vulcan Materials, Loma Negra, and Summit Materials. Boise Cascade Company manufactures wood products and distributes building materials in the United States and Canada More
Boise Cascad Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Boise Cascad's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Boise Cascad Llc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.25 | |||
| Information Ratio | 0.046 | |||
| Maximum Drawdown | 11.61 | |||
| Value At Risk | (3.27) | |||
| Potential Upside | 4.41 |
Boise Cascad Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Boise Cascad's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Boise Cascad's standard deviation. In reality, there are many statistical measures that can use Boise Cascad historical prices to predict the future Boise Cascad's volatility.| Risk Adjusted Performance | 0.0842 | |||
| Jensen Alpha | 0.0556 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0475 | |||
| Treynor Ratio | 0.1575 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Boise Cascad'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.
Boise Cascad Llc Backtested Returns
Boise Cascad appears to be very steady, given 3 months investment horizon. Boise Cascad Llc secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Boise Cascad Llc, which you can use to evaluate the volatility of the firm. Please makes use of Boise Cascad's Downside Deviation of 2.25, risk adjusted performance of 0.0842, and Mean Deviation of 1.73 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Boise Cascad holds a performance score of 9. The firm shows a Beta (market volatility) of 1.43, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Boise Cascad will likely underperform. Please check Boise Cascad's coefficient of variation, sortino ratio, potential upside, as well as the relationship between the jensen alpha and maximum drawdown , to make a quick decision on whether Boise Cascad's price patterns will revert.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Boise Cascad Llc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Boise Cascad time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Boise Cascad Llc price movement. The serial correlation of -0.2 indicates that over 20.0% of current Boise Cascad price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 41.78 |
Boise Cascad Llc lagged returns against current returns
Autocorrelation, which is Boise Cascad stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Boise Cascad's stock expected returns. We can calculate the autocorrelation of Boise Cascad returns to help us make a trade decision. For example, suppose you find that Boise Cascad has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Boise Cascad regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Boise Cascad stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Boise Cascad stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Boise Cascad stock over time.
Current vs Lagged Prices |
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Boise Cascad Lagged Returns
When evaluating Boise Cascad's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Boise Cascad stock have on its future price. Boise Cascad autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Boise Cascad autocorrelation shows the relationship between Boise Cascad stock current value and its past values and can show if there is a momentum factor associated with investing in Boise Cascad Llc.
Regressed Prices |
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Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Boise Cascad Llc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Boise Cascad's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Boise Cascad Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Boise Cascad Llc Stock:Check out Boise Cascad Correlation, Boise Cascad Volatility and Boise Cascad Alpha and Beta module to complement your research on Boise Cascad. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Boise Cascad 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.