Blue Bird Performance

BLBD -- USA Stock  

USD 20.05  0.09  0.45%

Blue Bird has performance score of 3 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.1435 which signifies that as returns on market increase, Blue Bird returns are expected to increase less than the market. However during bear market, the loss on holding Blue Bird will be expected to be smaller as well. Although it is extremely important to respect Blue Bird historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Blue Bird technical indicators you can presently evaluate if the expected return of 0.0952% will be sustainable into the future. Blue Bird right now shows a risk of 2.1333%. Please confirm Blue Bird Jensen Alpha, Potential Upside, Skewness, as well as the relationship between Maximum Drawdown and Semi Variance to decide if Blue Bird will be following its price patterns.

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Blue Bird Corporation are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days. In spite of rather sound fundamental drivers, Blue Bird is not utilizing all of its potentials. The ongoing stock price tumult, may contribute to shorter-term losses for the shareholders.
Quick Ratio0.34
Fifty Two Week Low15.67
Target High Price25.00
Fifty Two Week High26.95
Target Low Price25.00
Horizon     30 Days    Login   to change

Blue Bird Relative Risk vs. Return Landscape

If you would invest  1,908  in Blue Bird Corporation on August 18, 2019 and sell it today you would earn a total of  88.00  from holding Blue Bird Corporation or generate 4.61% return on investment over 30 days. Blue Bird Corporation is currently generating 0.0952% of daily expected returns and assumes 2.1333% risk (volatility on return distribution) over the 30 days horizon. In different words, 19% of equities are less volatile than Blue Bird and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, Blue Bird is expected to generate 2.33 times more return on investment than the market. However, the company is 2.33 times more volatile than its market benchmark. It trades about 0.04 of its potential returns per unit of risk. The DOW is currently generating roughly 0.04 per unit of risk.

Blue Bird Market Risk Analysis

Sharpe Ratio = 0.0446
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Blue Bird Relative Performance Indicators

Estimated Market Risk
  actual daily
 19 %
of total potential
Expected Return
  actual daily
 1 %
of total potential
Risk-Adjusted Return
  actual daily
 3 %
of total potential
Based on monthly moving average Blue Bird is performing at about 3% of its full potential. 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 Blue Bird by adding it to a well-diversified portfolio.

Blue Bird Alerts

Equity Alerts and Improvement Suggestions

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