Build A Correlations
| BBW Stock | USD 28.35 0.16 0.57% |
The correlation of Build A is a statistical measure of how it moves in relation to other equities. 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 Build A moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Build A Bear Workshop 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Build A Bear Workshop. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Build |
The ability to find closely correlated positions to Build A could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Build A 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 Build A - 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 Build A Bear Workshop to buy it.
Moving together with Build Stock
| + | 0.61 | HD | Home Depot | Fiscal Quarter End 31st of October 2023 | PairCorr |
Moving against Build Stock
| - | 0.95 | YJ | Yunji Inc | Fiscal Quarter End 30th of September 2023 | PairCorr | |
| - | 0.94 | BQ | Boqii HoldingLtd | PairCorr | ||
| - | 0.84 | DRVN | Driven Brands Holdings | Fiscal Quarter End 30th of September 2023 | PairCorr | |
| - | 0.78 | DG | Dollar General | Fiscal Quarter End 31st of October 2023 | PairCorr | |
| - | 0.77 | FL | Foot Locker | Fiscal Quarter End 31st of October 2023 | PairCorr | |
| - | 0.76 | M | Macys Inc | Fiscal Quarter End 31st of October 2023 | PairCorr | |
| - | 0.74 | DLTR | Dollar Tree | Fiscal Quarter End 31st of October 2023 | PairCorr | |
| - | 0.73 | LL | LL Flooring Holdings | Fiscal Quarter End 30th of September 2023 | PairCorr | |
| - | 0.68 | ID | PARTS ID | PairCorr | ||
| - | 0.52 | JD | JD Inc Adr | Fiscal Quarter End 30th of September 2023 | PairCorr | |
| - | 0.48 | AN | AutoNation | Fiscal Quarter End 30th of September 2023 | PairCorr | |
| - | 0.91 | WOOF | Pet Acquisition LLC | Fiscal Quarter End 31st of October 2023 | PairCorr | |
| - | 0.77 | ETSY | Etsy Inc | Fiscal Quarter End 30th of September 2023 | PairCorr | |
| - | 0.77 | FIVE | Five Below | Fiscal Quarter End 31st of October 2023 | PairCorr |
Related Correlations Analysis
HTZ | MOH | FNF | SPNT | CFRLF | CB | ||
HTZ | -0.62 | -0.7 | -0.63 | -0.61 | -0.86 | HTZ | |
MOH | -0.62 | 0.84 | 0.74 | 0.72 | 0.8 | MOH | |
FNF | -0.7 | 0.84 | 0.84 | 0.68 | 0.8 | FNF | |
SPNT | -0.63 | 0.74 | 0.84 | 0.37 | 0.67 | SPNT | |
CFRLF | -0.61 | 0.72 | 0.68 | 0.37 | 0.69 | CFRLF | |
CB | -0.86 | 0.8 | 0.8 | 0.67 | 0.69 | CB | |
HTZ | MOH | FNF | SPNT | CFRLF | CB |
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations | High negative correlations |
Risk-Adjusted Indicators
There is a big difference between Build Stock performing well and Build A company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Build A's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Information Ratio | Expected Shortfall | Potential Upside | Value At@Risk | Maximum Drawdown | |
|---|---|---|---|---|---|---|---|---|---|---|
| HTZ | 1.82 | (0.35) | 0.00 | (0.20) | 0.00 | (0.13) | 0.00 | 2.96 | (3.65) | 14.32 |
| MOH | 0.97 | 0.26 | 0.19 | 0.93 | 1.07 | 0.21 | (1.00) | 2.28 | (1.77) | 6.89 |
| FNF | 0.88 | 0.30 | 0.30 | 0.32 | 0.71 | 0.26 | (1.04) | 2.60 | (1.64) | 5.83 |
| SPNT | 1.18 | 0.15 | 0.10 | 0.27 | 1.37 | 0.09 | (1.40) | 2.36 | (2.56) | 11.19 |
| CFRLF | 2.10 | 1.12 | 0.00 | 1.76 | 0.00 | 0.19 | 0.00 | 2.33 | 0.00 | 34.38 |
| CB | 0.95 | 0.15 | 0.15 | 0.35 | 0.94 | 0.12 | (1.07) | 2.26 | (1.80) | 7.77 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Build A without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Build A Corporate Directors
Build A corporate directors refer to members of a Build A board of directors. The board of directors generally takes responsibility for the Build A's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Build A's board members must vote for the resolution. The Build A board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Braden Leonard | Independent Director | Profile | |
| Maxine Clark | Founder and Director | Profile | |
| Robert Dixon | Independent Director | Profile | |
| David Kanen | Director | Profile |
Already Invested in Build A Bear Workshop?
The danger of trading Build A Bear Workshop is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Build A is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Build A. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Build-A-Bear Workshop is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Build A Bear Workshop. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Build-A-Bear Workshop information on this page should be used as a complementary analysis to other Build A'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Build Stock analysis
When running Build A's price analysis, check to measure Build A'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 Build A is operating at the current time. Most of Build A's value examination focuses on studying past and present price action to predict the probability of Build A's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Build A's price. Additionally, you may evaluate how the addition of Build A to your portfolios can decrease your overall portfolio volatility.
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Is Build A'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 Build A. If investors know Build 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 Build A 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 0.5 | Earnings Share 3.42 | Revenue Per Share 33.088 | Quarterly Revenue Growth 0.085 | Return On Assets 0.1588 |
The market value of Build-A-Bear Workshop is measured differently than its book value, which is the value of Build that is recorded on the company's balance sheet. Investors also form their own opinion of Build A's value that differs from its market value or its book value, called intrinsic value, which is Build A'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 Build A's market value can be influenced by many factors that don't directly affect Build A'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 Build A's value and its price as these two are different measures arrived at by different means. Investors typically determine if Build A is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Build A'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.