Bright Horizons Family Stock Market Value
| BFAM Stock | USD 111.05 2.69 2.48% |
| Symbol | Bright |
Bright Horizons Family Price To Book Ratio
Is Diversified Consumer 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 Bright Horizons. If investors know Bright 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 Bright Horizons 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 0.362 | Earnings Share 2 | Revenue Per Share 45.36 | Quarterly Revenue Growth 0.114 | Return On Assets 0.0433 |
The market value of Bright Horizons Family is measured differently than its book value, which is the value of Bright that is recorded on the company's balance sheet. Investors also form their own opinion of Bright Horizons' value that differs from its market value or its book value, called intrinsic value, which is Bright Horizons' 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 Bright Horizons' market value can be influenced by many factors that don't directly affect Bright Horizons' 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 Bright Horizons' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bright Horizons is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bright Horizons' 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.
Bright Horizons '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 Bright Horizons' 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 Bright Horizons.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Bright Horizons on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Bright Horizons Family or generate 0.0% return on investment in Bright Horizons over 180 days. Bright Horizons is related to or competes with Frontdoor, Smart Share, Mister Car, Carriage Services, Service International, and Rollins. Bright Horizons Family Solutions Inc. provides early education and child care, back-up care, educational advisory, and o... More
Bright Horizons 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 Bright Horizons' 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 Bright Horizons Family upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 15.27 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 1.71 |
Bright Horizons Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bright Horizons' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bright Horizons' standard deviation. In reality, there are many statistical measures that can use Bright Horizons historical prices to predict the future Bright Horizons' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (3.20) |
Bright Horizons Family Backtested Returns
Bright Horizons Family secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Bright Horizons Family exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bright Horizons' Risk Adjusted Performance of (0.11), standard deviation of 2.0, and Mean Deviation of 1.14 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0957, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bright Horizons' returns are expected to increase less than the market. However, during the bear market, the loss of holding Bright Horizons is expected to be smaller as well. At this point, Bright Horizons Family has a negative expected return of -0.31%. Please make sure to confirm Bright Horizons' total risk alpha, kurtosis, price action indicator, as well as the relationship between the value at risk and rate of daily change , to decide if Bright Horizons Family performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.87 |
Excellent reverse predictability
Bright Horizons Family has excellent reverse predictability. Overlapping area represents the amount of predictability between Bright Horizons time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 Bright Horizons Family price movement. The serial correlation of -0.87 indicates that approximately 87.0% of current Bright Horizons price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.87 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 113.12 |
Bright Horizons Family lagged returns against current returns
Autocorrelation, which is Bright Horizons 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 Bright Horizons' stock expected returns. We can calculate the autocorrelation of Bright Horizons returns to help us make a trade decision. For example, suppose you find that Bright Horizons 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 |
Bright Horizons 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 Bright Horizons stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bright Horizons stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bright Horizons stock over time.
Current vs Lagged Prices |
| Timeline |
Bright Horizons Lagged Returns
When evaluating Bright Horizons' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bright Horizons stock have on its future price. Bright Horizons 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, Bright Horizons autocorrelation shows the relationship between Bright Horizons stock current value and its past values and can show if there is a momentum factor associated with investing in Bright Horizons Family.
Regressed Prices |
| Timeline |
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Bright Horizons 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.