Beasley Broadcast Group Stock Market Value
| BBGI Stock | USD 0.72 0.04 5.88% |
| Symbol | Beasley |
Beasley Broadcast Price To Book Ratio
Is Beasley Broadcast's industry 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 Beasley Broadcast. If investors know Beasley 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 Beasley Broadcast 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 (0.05) | Earnings Share (2.51) | Revenue Per Share 8.266 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0115 |
The market value of Beasley Broadcast is measured differently than its book value, which is the value of Beasley that is recorded on the company's balance sheet. Investors also form their own opinion of Beasley Broadcast's value that differs from its market value or its book value, called intrinsic value, which is Beasley Broadcast'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 Beasley Broadcast's market value can be influenced by many factors that don't directly affect Beasley Broadcast'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 Beasley Broadcast's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beasley Broadcast is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beasley Broadcast'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.
Beasley Broadcast '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 Beasley Broadcast'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 Beasley Broadcast.
| 03/04/2024 |
| 05/03/2024 |
If you would invest 0.00 in Beasley Broadcast on March 4, 2024 and sell it all today you would earn a total of 0.00 from holding Beasley Broadcast Group or generate 0.0% return on investment in Beasley Broadcast over 60 days. Beasley Broadcast is related to or competes with Loop Media, ProSiebenSat1 Media, RTL Group, IHeartMedia, ITV PLC, ITV Plc, and Mediaco Holding. Beasley Broadcast Group, Inc., a multi-platform media company, owns and operates radio stations in the United States More
Beasley Broadcast 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 Beasley Broadcast'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 Beasley Broadcast Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 24.21 | |||
| Value At Risk | (8.11) | |||
| Potential Upside | 5.88 |
Beasley Broadcast Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beasley Broadcast's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beasley Broadcast's standard deviation. In reality, there are many statistical measures that can use Beasley Broadcast historical prices to predict the future Beasley Broadcast's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.40) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Beasley Broadcast'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.
Beasley Broadcast Backtested Returns
Beasley Broadcast secures Sharpe Ratio (or Efficiency) of -0.0628, which signifies that the company had a -0.0628% return per unit of standard deviation over the last 3 months. Beasley Broadcast Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beasley Broadcast's mean deviation of 3.0, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.83, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Beasley Broadcast's returns are expected to increase less than the market. However, during the bear market, the loss of holding Beasley Broadcast is expected to be smaller as well. Beasley Broadcast has an expected return of -0.26%. Please make sure to confirm Beasley Broadcast coefficient of variation, value at risk, rate of daily change, as well as the relationship between the total risk alpha and kurtosis , to decide if Beasley Broadcast performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.34 |
Below average predictability
Beasley Broadcast Group has below average predictability. Overlapping area represents the amount of predictability between Beasley Broadcast time series from 4th of March 2024 to 3rd of April 2024 and 3rd of April 2024 to 3rd of May 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 Beasley Broadcast price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Beasley Broadcast price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Beasley Broadcast lagged returns against current returns
Autocorrelation, which is Beasley Broadcast 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 Beasley Broadcast's stock expected returns. We can calculate the autocorrelation of Beasley Broadcast returns to help us make a trade decision. For example, suppose you find that Beasley Broadcast 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 |
Beasley Broadcast 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 Beasley Broadcast stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beasley Broadcast stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beasley Broadcast stock over time.
Current vs Lagged Prices |
| Timeline |
Beasley Broadcast Lagged Returns
When evaluating Beasley Broadcast's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beasley Broadcast stock have on its future price. Beasley Broadcast 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, Beasley Broadcast autocorrelation shows the relationship between Beasley Broadcast stock current value and its past values and can show if there is a momentum factor associated with investing in Beasley Broadcast Group.
Regressed Prices |
| Timeline |
Pair Trading with Beasley Broadcast
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 Beasley Broadcast 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 Beasley Broadcast will appreciate offsetting losses from the drop in the long position's value.Moving together with Beasley Stock
| 0.71 | DLPN | Dolphin Entertainment | PairCorr |
Moving against Beasley Stock
| 0.82 | WLYB | John Wiley Sons | PairCorr |
| 0.77 | SE | Sea Financial Report 21st of May 2024 | PairCorr |
| 0.75 | KUKE | Kuke Music Holding Report 21st of May 2024 | PairCorr |
| 0.73 | CTV | Innovid Corp Financial Report 14th of May 2024 | PairCorr |
| 0.71 | MDIA | Mediaco Holding | PairCorr |
The ability to find closely correlated positions to Beasley Broadcast could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beasley Broadcast 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 Beasley Broadcast - 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 Beasley Broadcast Group to buy it.
The correlation of Beasley Broadcast 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 Beasley Broadcast moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beasley Broadcast 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 Beasley Broadcast 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 Beasley Broadcast Correlation, Beasley Broadcast Volatility and Beasley Broadcast Alpha and Beta module to complement your research on Beasley Broadcast. Note that the Beasley Broadcast information on this page should be used as a complementary analysis to other Beasley Broadcast's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Beasley Stock analysis
When running Beasley Broadcast's price analysis, check to measure Beasley Broadcast'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 Beasley Broadcast is operating at the current time. Most of Beasley Broadcast's value examination focuses on studying past and present price action to predict the probability of Beasley Broadcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beasley Broadcast's price. Additionally, you may evaluate how the addition of Beasley Broadcast to your portfolios can decrease your overall portfolio volatility.
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Beasley Broadcast 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.