Bowman Consulting Group Stock Market Value
| BWMN Stock | USD 26.69 0.57 2.09% |
| Symbol | Bowman |
Bowman Consulting Price To Book Ratio
Is Industrial Machinery & Supplies & Components 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 Bowman Consulting. If investors know Bowman 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 Bowman Consulting 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 (0.50) | Earnings Share (0.79) | Revenue Per Share 27.211 | Quarterly Revenue Growth 0.206 | Return On Assets (0.01) |
The market value of Bowman Consulting is measured differently than its book value, which is the value of Bowman that is recorded on the company's balance sheet. Investors also form their own opinion of Bowman Consulting's value that differs from its market value or its book value, called intrinsic value, which is Bowman Consulting'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 Bowman Consulting's market value can be influenced by many factors that don't directly affect Bowman Consulting'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 Bowman Consulting's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bowman Consulting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bowman Consulting'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.
Bowman Consulting '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 Bowman Consulting'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 Bowman Consulting.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Bowman Consulting on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Bowman Consulting Group or generate 0.0% return on investment in Bowman Consulting over 30 days. Bowman Consulting is related to or competes with EMCOR, Comfort Systems, Primoris Services, Granite Construction, Construction Partners, Api Group, and ACS Actividades. Bowman Consulting Group Ltd. provides a range of real estate, energy, infrastructure, and environmental management solut... More
Bowman Consulting 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 Bowman Consulting'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 Bowman Consulting Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.62 | |||
| Information Ratio | 0.0334 | |||
| Maximum Drawdown | 13.51 | |||
| Value At Risk | (3.52) | |||
| Potential Upside | 5.26 |
Bowman Consulting Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bowman Consulting's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bowman Consulting's standard deviation. In reality, there are many statistical measures that can use Bowman Consulting historical prices to predict the future Bowman Consulting's volatility.| Risk Adjusted Performance | 0.0637 | |||
| Jensen Alpha | 0.0116 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0343 | |||
| Treynor Ratio | 0.106 |
Bowman Consulting Backtested Returns
As of now, Bowman Stock is very steady. Bowman Consulting secures Sharpe Ratio (or Efficiency) of 0.0511, which signifies that the company had a 0.0511% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bowman Consulting Group, which you can use to evaluate the volatility of the firm. Please confirm Bowman Consulting's Downside Deviation of 2.62, risk adjusted performance of 0.0637, and Mean Deviation of 2.04 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. Bowman Consulting has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.79, 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, Bowman Consulting will likely underperform. Bowman Consulting right now shows a risk of 2.74%. Please confirm Bowman Consulting potential upside, as well as the relationship between the kurtosis and price action indicator , to decide if Bowman Consulting will be following its price patterns.
Auto-correlation | 0.80 |
Very good predictability
Bowman Consulting Group has very good predictability. Overlapping area represents the amount of predictability between Bowman Consulting time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Bowman Consulting price movement. The serial correlation of 0.8 indicates that around 80.0% of current Bowman Consulting price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.49 |
Bowman Consulting lagged returns against current returns
Autocorrelation, which is Bowman Consulting 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 Bowman Consulting's stock expected returns. We can calculate the autocorrelation of Bowman Consulting returns to help us make a trade decision. For example, suppose you find that Bowman Consulting 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 |
Bowman Consulting 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 Bowman Consulting stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bowman Consulting stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bowman Consulting stock over time.
Current vs Lagged Prices |
| Timeline |
Bowman Consulting Lagged Returns
When evaluating Bowman Consulting's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bowman Consulting stock have on its future price. Bowman Consulting 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, Bowman Consulting autocorrelation shows the relationship between Bowman Consulting stock current value and its past values and can show if there is a momentum factor associated with investing in Bowman Consulting Group.
Regressed Prices |
| Timeline |
Pair Trading with Bowman Consulting
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bowman Consulting position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bowman Consulting will appreciate offsetting losses from the drop in the long position's value.Moving against Bowman Stock
The ability to find closely correlated positions to Bowman Consulting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bowman Consulting when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bowman Consulting - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bowman Consulting Group to buy it.
The correlation of Bowman Consulting is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bowman Consulting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bowman Consulting moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bowman Consulting can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Bowman Consulting Correlation, Bowman Consulting Volatility and Bowman Consulting Alpha and Beta module to complement your research on Bowman Consulting. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Bowman Consulting 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.