Build A Correlations
| BBW Stock | USD 27.54 0.22 0.81% |
The correlation of Build A 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 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.
Average diversification
The correlation between Build A Bear Workshop and NYA is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Build A Bear Workshop and NYA in the same portfolio, assuming nothing else is changed.
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
| 0.81 | W | Wayfair Sell-off Trend | PairCorr |
| 0.91 | JD | JD Inc Adr Financial Report 9th of May 2024 | PairCorr |
| 0.78 | AEO | American Eagle Outfitters Sell-off Trend | PairCorr |
| 0.81 | BBY | Best Buy Financial Report 23rd of May 2024 | PairCorr |
| 0.69 | CAL | Continental Financial Report 6th of June 2024 | PairCorr |
Moving against Build Stock
| 0.88 | BGI | Birks Group | PairCorr |
| 0.8 | VSCO | Victorias Secret Financial Report 29th of May 2024 | PairCorr |
| 0.74 | BIG | Big Lots Financial Report 24th of May 2024 | PairCorr |
| 0.73 | DIT | AMCON Distributing | PairCorr |
| 0.68 | ETSY | Etsy Inc Financial Report 1st of May 2024 | PairCorr |
| 0.63 | WEYS | Weyco Group | PairCorr |
| 0.62 | PDD | Pinduoduo Financial Report 24th of May 2024 | PairCorr |
| 0.58 | SBH | Sally Beauty Holdings Financial Report 2nd of May 2024 | PairCorr |
| 0.51 | WINA | Winmark | PairCorr |
| 0.45 | WNW | Meiwu Technology Report 10th of May 2024 | PairCorr |
Related Correlations Analysis
| 0.92 | 0.91 | 0.88 | 0.87 | 0.65 | 0.9 | ORLY | ||
| 0.92 | 0.9 | 0.81 | 0.83 | 0.65 | 0.88 | AZO | ||
| 0.91 | 0.9 | 0.79 | 0.8 | 0.66 | 0.84 | GPC | ||
| 0.88 | 0.81 | 0.79 | 0.85 | 0.61 | 0.88 | WSM | ||
| 0.87 | 0.83 | 0.8 | 0.85 | 0.64 | 0.79 | BBY | ||
| 0.65 | 0.65 | 0.66 | 0.61 | 0.64 | 0.72 | RH | ||
| 0.9 | 0.88 | 0.84 | 0.88 | 0.79 | 0.72 | AAP | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ORLY | 0.85 | 0.13 | 0.07 | 0.30 | 1.20 | 1.85 | 6.68 | |||
| AZO | 0.98 | 0.15 | 0.07 | 0.66 | 1.18 | 1.67 | 8.78 | |||
| GPC | 0.97 | 0.16 | 0.16 | 0.21 | 0.80 | 1.74 | 4.68 | |||
| WSM | 1.63 | 0.42 | 0.24 | 0.30 | 1.45 | 3.25 | 22.86 | |||
| BBY | 1.33 | 0.01 | 0.03 | 0.06 | 1.61 | 3.01 | 7.78 | |||
| RH | 2.70 | (0.22) | 0.00 | 0.00 | 0.00 | 5.45 | 27.04 | |||
| AAP | 1.86 | 0.28 | 0.13 | 0.23 | 2.10 | 4.25 | 13.12 |
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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Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk |
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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 Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Build A Bear 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.
When determining whether Build A Bear is a strong investment it is important to analyze Build A'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 Build A's future performance. For an informed investment choice regarding Build Stock, refer to the following important reports: 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 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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 0.125 | Earnings Share 3.47 | Revenue Per Share 33.892 | Quarterly Revenue Growth 0.029 | Return On Assets 0.1478 |
The market value of Build A Bear 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.