Trueblue Stock Math Transform Inverse Tangent Over Price Movement

TBI Stock  USD 10.45  0.05  0.48%   
TrueBlue math transform tool provides the execution environment for running the Inverse Tangent Over Price Movement transformation and other technical functions against TrueBlue. TrueBlue 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 math transform indicators. As with most other technical indicators, the Inverse Tangent Over Price Movement transformation function is designed to identify and follow existing trends. Analysts that use price transformation techniques rely on the belief that biggest profits from investing in TrueBlue can be made when TrueBlue shifts in price trends from positive to negative or vice versa.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. TrueBlue Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe TrueBlue price patterns.

TrueBlue Technical Analysis Modules

Most technical analysis of TrueBlue 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 TrueBlue from various momentum indicators to cycle indicators. When you analyze TrueBlue 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 TrueBlue 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 TrueBlue. We use our internally-developed statistical techniques to arrive at the intrinsic value of TrueBlue based on widely used predictive technical indicators. In general, we focus on analyzing TrueBlue Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TrueBlue's daily price indicators and compare them against related drivers, such as math transform 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 TrueBlue's intrinsic value. In addition to deriving basic predictive indicators for TrueBlue, we also check how macroeconomic factors affect TrueBlue price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
PTB Ratio1.211.15
Dividend Yield4.24E-46.14E-4
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TrueBlue'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
7.9610.6113.26
Details
Intrinsic
Valuation
LowRealHigh
10.4513.1015.75
Details
3 Analysts
Consensus
LowTargetHigh
18.2020.0022.20
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.43-0.37-0.3
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as TrueBlue. Your research has to be compared to or analyzed against TrueBlue's peers to derive any actionable benefits. When done correctly, TrueBlue's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in TrueBlue.
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 TrueBlue 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, TrueBlue's short interest history, or implied volatility extrapolated from TrueBlue 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.
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 70 shares
Manufacturing Idea
Manufacturing
Invested over 40 shares
Driverless Cars Idea
Driverless Cars
Invested over 200 shares
Banking Idea
Banking
Invested over 30 shares
Cash Cows Idea
Cash Cows
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested over 200 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Momentum Idea
Momentum
Invested over 200 shares
When determining whether TrueBlue offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TrueBlue'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 Trueblue Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trueblue Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TrueBlue. 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.
For more detail on how to invest in TrueBlue Stock please use our How to Invest in TrueBlue guide.
Note that the TrueBlue information on this page should be used as a complementary analysis to other TrueBlue'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for TrueBlue Stock analysis

When running TrueBlue's price analysis, check to measure TrueBlue'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 TrueBlue is operating at the current time. Most of TrueBlue's value examination focuses on studying past and present price action to predict the probability of TrueBlue's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TrueBlue's price. Additionally, you may evaluate how the addition of TrueBlue to your portfolios can decrease your overall portfolio volatility.
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Is TrueBlue'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 TrueBlue. If investors know TrueBlue 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 TrueBlue 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
(0.63)
Earnings Share
(0.45)
Revenue Per Share
60.869
Quarterly Revenue Growth
(0.12)
Return On Assets
(0)
The market value of TrueBlue is measured differently than its book value, which is the value of TrueBlue that is recorded on the company's balance sheet. Investors also form their own opinion of TrueBlue's value that differs from its market value or its book value, called intrinsic value, which is TrueBlue'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 TrueBlue's market value can be influenced by many factors that don't directly affect TrueBlue'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 TrueBlue's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueBlue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueBlue'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.