Boot Barn Holdings Stock Market Value
| BOOT Stock | USD 145.45 8.40 6.13% |
| Symbol | Boot |
Boot Barn Holdings Price To Book Ratio
Is Specialty Retail 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 Boot Barn. If investors know Boot 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 Boot Barn 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 0.056 | Earnings Share 4.97 | Revenue Per Share 57.853 | Quarterly Revenue Growth 0.137 | Return On Assets 0.0746 |
The market value of Boot Barn Holdings is measured differently than its book value, which is the value of Boot that is recorded on the company's balance sheet. Investors also form their own opinion of Boot Barn's value that differs from its market value or its book value, called intrinsic value, which is Boot Barn'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 Boot Barn's market value can be influenced by many factors that don't directly affect Boot Barn'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 Boot Barn's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boot Barn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boot Barn'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.
Boot Barn '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 Boot Barn'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 Boot Barn.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Boot Barn on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Boot Barn Holdings or generate 0.0% return on investment in Boot Barn over 30 days. Boot Barn is related to or competes with Ross Stores, Childrens Place, Buckle, Guess, Burlington Stores, Shoe Carnival, and Cato. Boot Barn Holdings, Inc., a lifestyle retail chain, operates specialty retail stores in the United States More
Boot Barn 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 Boot Barn'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 Boot Barn Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.96 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 29.69 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 2.98 |
Boot Barn Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Boot Barn's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Boot Barn's standard deviation. In reality, there are many statistical measures that can use Boot Barn historical prices to predict the future Boot Barn's volatility.| Risk Adjusted Performance | 0.0164 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0446 |
Boot Barn Holdings Backtested Returns
Currently, Boot Barn Holdings is very steady. Boot Barn Holdings secures Sharpe Ratio (or Efficiency) of 0.0484, which signifies that the company had a 0.0484% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Boot Barn Holdings, which you can use to evaluate the volatility of the firm. Please confirm Boot Barn's Downside Deviation of 3.96, risk adjusted performance of 0.0164, and Mean Deviation of 1.8 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. Boot Barn has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.61, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Boot Barn's returns are expected to increase less than the market. However, during the bear market, the loss of holding Boot Barn is expected to be smaller as well. Boot Barn Holdings right now shows a risk of 3.38%. Please confirm Boot Barn Holdings semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Boot Barn Holdings will be following its price patterns.
Auto-correlation | 0.37 |
Below average predictability
Boot Barn Holdings has below average predictability. Overlapping area represents the amount of predictability between Boot Barn time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Boot Barn Holdings price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Boot Barn price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 12.47 |
Boot Barn Holdings lagged returns against current returns
Autocorrelation, which is Boot Barn 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 Boot Barn's stock expected returns. We can calculate the autocorrelation of Boot Barn returns to help us make a trade decision. For example, suppose you find that Boot Barn 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 |
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Boot Barn 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 Boot Barn stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Boot Barn stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Boot Barn stock over time.
Current vs Lagged Prices |
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Boot Barn Lagged Returns
When evaluating Boot Barn's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Boot Barn stock have on its future price. Boot Barn 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, Boot Barn autocorrelation shows the relationship between Boot Barn stock current value and its past values and can show if there is a momentum factor associated with investing in Boot Barn Holdings.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Boot Stock Analysis
When running Boot Barn's price analysis, check to measure Boot Barn's 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 Boot Barn is operating at the current time. Most of Boot Barn's value examination focuses on studying past and present price action to predict the probability of Boot Barn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boot Barn's price. Additionally, you may evaluate how the addition of Boot Barn to your portfolios can decrease your overall portfolio volatility.