Beacon Roofing Supply Stock Overlap Studies Bollinger Bands
BECN Stock | USD 97.06 0.77 0.80% |
Symbol |
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Beacon Roofing middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Beacon Roofing Supply. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
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.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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 Yield | 0.005978 | 0.006775 | 0.003239 | Price To Sales Ratio | 0.59 | 0.42 | 0.58 |
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.
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
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.Macroaxis Index Invested few shares | ||
Warren Buffett Holdings Invested over 70 shares | ||
Dividend Beast Invested over 70 shares | ||
Investor Favorites Invested few shares | ||
Hedge Favorites Invested few shares | ||
Baby Boomer Prospects Invested over 40 shares | ||
Driverless Cars Invested few shares | ||
Drugs Invested over 20 shares | ||
Transportation Invested over 90 shares | ||
Chemicals Invested over 30 shares | ||
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 tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Beacon Roofing Supply information on this page should be used as a complementary analysis to other Beacon Roofing'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Beacon Stock analysis
When running Beacon Roofing's price analysis, check to measure Beacon Roofing'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 Beacon Roofing is operating at the current time. Most of Beacon Roofing's value examination focuses on studying past and present price action to predict the probability of Beacon Roofing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beacon Roofing's price. Additionally, you may evaluate how the addition of Beacon Roofing to your portfolios can decrease your overall portfolio volatility.
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Is Beacon Roofing'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 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 (0.65) | Earnings Share (0.59) | Revenue Per Share 146.397 | Quarterly Revenue Growth 0.104 | Return On Assets 0.0692 |
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.