Bassett Furniture Industries Stock Price on May 15, 2018

BSET Stock  USD 14.76  0.33  2.19%   
Below is the normalized historical share price chart for Bassett Furniture Industries extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Bassett Furniture stands at 14.76, as last reported on the 28th of March, with the highest price reaching 15.25 and the lowest price hitting 14.76 during the day.
IPO Date
1st of January 1987
200 Day MA
15.5965
50 Day MA
15.4412
Beta
1.695
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Bassett Stock, it is important to understand the factors that can impact its price. Bassett Furniture secures Sharpe Ratio (or Efficiency) of -0.0732, which signifies that the company had a -0.0732% return per unit of risk over the last 3 months. Bassett Furniture Industries exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bassett Furniture's Mean Deviation of 1.52, risk adjusted performance of (0.01), and Standard Deviation of 2.06 to double-check the risk estimate we provide.
  
At this time, Bassett Furniture's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 9.9 M in 2024, whereas Capital Stock is likely to drop slightly above 38.7 M in 2024. . At this time, Bassett Furniture's Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 1.18 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (76.10). Bassett Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0732

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Estimated Market Risk

 2.05
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.15
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Bassett Furniture is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bassett Furniture by adding Bassett Furniture to a well-diversified portfolio.
Price Book
0.72
Enterprise Value Ebitda
23.2029
Price Sales
0.339
Shares Float
8.1 M
Dividend Share
0.68

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

About Bassett Furniture Stock history

Bassett Furniture investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bassett is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bassett Furniture will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bassett Furniture stock prices may prove useful in developing a viable investing in Bassett Furniture
Last ReportedProjected for 2024
Common Stock Shares Outstanding7.9 M9.9 M
Net Income Applicable To Common Shares75.1 M78.9 M

Bassett Furniture Quarterly Net Working Capital

80.06 Million

Bassett Furniture Stock Technical Analysis

Bassett Furniture 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.
A focus of Bassett Furniture technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bassett Furniture trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Bassett Furniture Period Price Range

Bassett Furniture March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Bassett Furniture stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bassett Furniture shares will generate the highest return on investment. By undertsting and applying Bassett Furniture stock market strength indicators, traders can identify Bassett Furniture Industries entry and exit signals to maximize returns

Bassett Furniture Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bassett Furniture's price direction in advance. Along with the technical and fundamental analysis of Bassett Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bassett to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Bassett Furniture is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Bassett Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bassett Furniture Industries Stock. Highlighted below are key reports to facilitate an investment decision about Bassett Furniture Industries Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bassett Furniture Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Bassett Furniture information on this page should be used as a complementary analysis to other Bassett Furniture'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Bassett Stock analysis

When running Bassett Furniture's price analysis, check to measure Bassett Furniture'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 Bassett Furniture is operating at the current time. Most of Bassett Furniture's value examination focuses on studying past and present price action to predict the probability of Bassett Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bassett Furniture's price. Additionally, you may evaluate how the addition of Bassett Furniture to your portfolios can decrease your overall portfolio volatility.
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Is Bassett Furniture'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 Bassett Furniture. If investors know Bassett 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 Bassett Furniture 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
(0.95)
Dividend Share
0.68
Earnings Share
(0.36)
Revenue Per Share
44.411
Quarterly Revenue Growth
(0.22)
The market value of Bassett Furniture is measured differently than its book value, which is the value of Bassett that is recorded on the company's balance sheet. Investors also form their own opinion of Bassett Furniture's value that differs from its market value or its book value, called intrinsic value, which is Bassett Furniture'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 Bassett Furniture's market value can be influenced by many factors that don't directly affect Bassett Furniture'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 Bassett Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bassett Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bassett Furniture'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.