Beacon Roofing Supply Stock Overlap Studies MidPoint over period

BECN Stock  USD 112.18  3.60  3.32%   
Beacon Roofing overlap studies tool provides the execution environment for running the MidPoint over period study and other technical functions against Beacon Roofing. Beacon Roofing value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the MidPoint over period study function is designed to identify and follow existing trends. Beacon Roofing overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Time Period to run this model.

The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Mid-point over period is an average of Beacon Roofing Supply highest and lowest values attained during the given period.

Beacon Roofing Technical Analysis Modules

Most technical analysis of Beacon Roofing help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Beacon from various momentum indicators to cycle indicators. When you analyze Beacon charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Beacon Roofing Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Beacon Roofing Supply. We use our internally-developed statistical techniques to arrive at the intrinsic value of Beacon Roofing Supply based on widely used predictive technical indicators. In general, we focus on analyzing Beacon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Beacon Roofing's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Beacon Roofing's intrinsic value. In addition to deriving basic predictive indicators for Beacon Roofing, we also check how macroeconomic factors affect Beacon Roofing price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2020 2022 2024 (projected)
Dividend Yield0.0059780.0067750.003239
Price To Sales Ratio0.590.420.58
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Beacon Roofing'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.
Hype
Prediction
LowEstimatedHigh
106.17108.58110.99
Details
Intrinsic
Valuation
LowRealHigh
97.72114.84117.25
Details
Naive
Forecast
LowNextHigh
108.32110.72113.13
Details
14 Analysts
Consensus
LowTargetHigh
87.9496.64107.27
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Beacon Roofing in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Beacon Roofing's short interest history, or implied volatility extrapolated from Beacon Roofing options trading.

Trending Themes

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When determining whether Beacon Roofing Supply offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Beacon Roofing'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 Beacon Roofing Supply Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Beacon Roofing Supply Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beacon Roofing Supply. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Trading Companies & Distributors 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 Beacon Roofing. If investors know Beacon 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 Beacon Roofing 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
0.01
Earnings Share
5.85
Revenue Per Share
153.258
Quarterly Revenue Growth
0.073
Return On Assets
0.0622
The market value of Beacon Roofing Supply is measured differently than its book value, which is the value of Beacon that is recorded on the company's balance sheet. Investors also form their own opinion of Beacon Roofing's value that differs from its market value or its book value, called intrinsic value, which is Beacon Roofing'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 Beacon Roofing's market value can be influenced by many factors that don't directly affect Beacon Roofing'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 Beacon Roofing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beacon Roofing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beacon Roofing'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.