Bgsf Story

BGSF -- USA Stock

USD 13.47 0.07 0.52%

Macroaxis Story

It looks as if Bgsf will continue to recover much faster as its share price surged up 2.46% today. Bgsf current daily volatility is 2.89 percent, with a beta of 1.57 and an alpha of 0.09 over DOW. As many millenniums are trying to avoid business services, it makes sense to digest Bgsf Inc a little further and try to understand its current market patterns. We will cover the possibilities of making Bgsf into a steady grower in April.

Published over a month ago

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Will Bgsf (NYSE:BGSF) volatility surge before April

Bgsf Inc currently holds roughly 2.23 M in cash with 22.28 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.45.

On a scale of 0 to 100, Bgsf holds a performance score of 6. The firm shows a Beta (market volatility) of 1.5716, which signifies a somewhat significant risk relative to the market. Let's try to break down what Bgsf's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bgsf will likely underperform. Although it is extremely important to respect Bgsf Inc 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 Bgsf Inc technical indicators, you can presently evaluate if the expected return of 0.24% will be sustainable into the future. Please makes use of Bgsf Inc downside variance, and the relationship between the treynor ratio and kurtosis to make a quick decision on whether Bgsf price patterns will revert.

Will Bgsf (NYSE:BGSF) volatility surge before April

Investing in Bgsf, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Bgsf along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Bgsf's stock 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. Please use the tools below to analyze the current value of Bgsf in the context of predictive analytics.

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bgsf. Your research has to be compared to or analyzed against Bgsf's peers to derive any actionable benefits. When done correctly, Bgsf's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Bgsf Inc.

How important is Bgsf's Liquidity

Bgsf financial leverage refers to using borrowed capital as a funding source to finance Bgsf Inc ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Bgsf financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Bgsf's total debt and its cash.

How Bgsf utilizes its cash?

To perform a cash flow analysis of Bgsf, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Bgsf is receiving and how much cash it distributes out in a given period. The Bgsf cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

Bgsf Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 18.06 Million

Bgsf Correlation with Peers

Investors in Bgsf can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Bgsf Inc. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Bgsf and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Bgsf is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage.

Please check volatility of Bgsf for more details

Another Deeper Perspective

Bgsf appears to be not too volatile, given 1 month investment horizon. Bgsf Inc secures Sharpe Ratio (or Efficiency) of 0.0846, which signifies that the company had 0.0846% of return per unit of risk over the last month. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Bgsf Inc, which you can use to evaluate future volatility of the firm. Please makes use of Bgsf Inc Mean Deviation of 2.3, risk adjusted performance of 0.0831, and Downside Deviation of 2.55 to double-check if our risk estimates are consistent with your expectations.

	ADP	DHX	HHR	HQI	JOB
ADP		0.18	0.36	0.23	-0.03	ADP
DHX	0.18		0.68	0.91	0.83	DHX
HHR	0.36	0.68		0.79	0.67	HHR
HQI	0.23	0.91	0.79		0.89	HQI
JOB	-0.03	0.83	0.67	0.89		JOB
	ADP	DHX	HHR	HQI	JOB

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Our take on today Bgsf surge

The market risk adjusted performance is down to 0.18 as of today. Bgsf Inc currently demonstrates below-average downside deviation. It has Information Ratio of 0.05 and Jensen Alpha of 0.09. However, we advise investors to further question Bgsf Inc expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Bgsf's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Bgsf's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

The Bottom Line

Although other entities within the staffing & employment services industry are still a little expensive, even after the recent corrections, Bgsf may offer a potential longer-term growth to shareholders. All things considered, as of the 11th of March 2021, our primary 30 days buy-hold-sell recommendation on the firm is Buy. We believe Bgsf is currently fairly valued with low probability of distress for the next two years.

About Contributor

Ellen Johnson is a Member of Macroaxs Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Bgsf Inc. Please refer to our Terms of Use for any information regarding our disclosure principles.

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Bgsf Story

USD 13.47 0.07 0.52%

How important is Bgsf's Liquidity

How Bgsf utilizes its cash?

Bgsf Correlation with Peers

Another Deeper Perspective

Our take on today Bgsf surge

The Bottom Line

About Contributor

Would you like to provide feedback on the content of this article?

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