Beyond Meat Stock Market Value
| BYND Stock | USD 5.01 0.14 2.72% |
| Symbol | Beyond |
Beyond Meat Price To Book Ratio
Is Packaged Foods & Meats 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 Beyond Meat. If investors know Beyond 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 Beyond Meat listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.19) | Revenue Per Share 4.992 | Quarterly Revenue Growth 0.076 | Return On Assets (0.14) | Return On Equity (11.67) |
The market value of Beyond Meat is measured differently than its book value, which is the value of Beyond that is recorded on the company's balance sheet. Investors also form their own opinion of Beyond Meat's value that differs from its market value or its book value, called intrinsic value, which is Beyond Meat'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 Beyond Meat's market value can be influenced by many factors that don't directly affect Beyond Meat'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 Beyond Meat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beyond Meat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beyond Meat'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.
Beyond Meat '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 Beyond Meat'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 Beyond Meat.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Beyond Meat on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Beyond Meat or generate 0.0% return on investment in Beyond Meat over 30 days. Beyond Meat is related to or competes with Kraft Heinz, Hormel Foods, Kellanova, General Mills, ConAgra Foods, Campbell Soup, and McCormick Company. Beyond Meat, Inc. manufactures, markets, and sells plant-based meat products in the United States and internationally More
Beyond Meat 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 Beyond Meat'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 Beyond Meat upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 20.88 | |||
| Value At Risk | (5.60) | |||
| Potential Upside | 5.63 |
Beyond Meat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beyond Meat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beyond Meat's standard deviation. In reality, there are many statistical measures that can use Beyond Meat historical prices to predict the future Beyond Meat's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.46) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | (0.20) |
Beyond Meat Backtested Returns
Beyond Meat secures Sharpe Ratio (or Efficiency) of -0.0942, which signifies that the company had a -0.0942% return per unit of risk over the last 3 months. Beyond Meat exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beyond Meat's Mean Deviation of 2.83, standard deviation of 3.72, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.55, 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, Beyond Meat will likely underperform. At this point, Beyond Meat has a negative expected return of -0.34%. Please make sure to confirm Beyond Meat's accumulation distribution, as well as the relationship between the day typical price and relative strength index , to decide if Beyond Meat performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.12 |
Insignificant predictability
Beyond Meat has insignificant predictability. Overlapping area represents the amount of predictability between Beyond Meat time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 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 Beyond Meat price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Beyond Meat price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Beyond Meat lagged returns against current returns
Autocorrelation, which is Beyond Meat 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 Beyond Meat's stock expected returns. We can calculate the autocorrelation of Beyond Meat returns to help us make a trade decision. For example, suppose you find that Beyond Meat 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 |
Beyond Meat 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 Beyond Meat stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beyond Meat stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beyond Meat stock over time.
Current vs Lagged Prices |
| Timeline |
Beyond Meat Lagged Returns
When evaluating Beyond Meat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beyond Meat stock have on its future price. Beyond Meat 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, Beyond Meat autocorrelation shows the relationship between Beyond Meat stock current value and its past values and can show if there is a momentum factor associated with investing in Beyond Meat.
Regressed Prices |
| Timeline |
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 Beyond Meat is a strong investment it is important to analyze Beyond Meat's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Beyond Meat's future performance. For an informed investment choice regarding Beyond Stock, refer to the following important reports:Check out Beyond Meat Correlation, Beyond Meat Volatility and Beyond Meat Alpha and Beta module to complement your research on Beyond Meat. For information on how to trade Beyond Stock refer to our How to Trade Beyond Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Beyond Meat 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.