The firm shows a Beta (market volatility) of 1.2668, which signifies a somewhat significant risk relative to the market. Let's try to break down what Big Lots'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, Big Lots will likely underperform. Even though it is essential to pay attention to
Big Lots historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in foreseeing any stock's
future performance is to check both, its past performance charts as well as the business as a whole, including all available
technical indicators. Big Lots exposes twenty-eight different technical indicators, which can help you to evaluate its performance.
Big Lots has an expected return of -0.038%. Please be advised to confirm Big Lots
coefficient of variation,
maximum drawdown,
skewness, as well as the
relationship between the
total risk alpha and
downside variance to decide if
Big Lots performance from the past will be repeated at some point in the near future.
The successful prediction of Big Lots
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Big Lots, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Big Lots based on Big Lots hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Big Lots's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Big Lots's related companies.
Use Technical Analysis to project Big expected Price
Big Lots 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 Big Lots technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Big Lots 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...Big Lots Gross Profit
Big Lots Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Big Lots previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Big Lots Gross Profit growth over the last 10 years. Please check Big Lots'
gross profit and other
fundamental indicators for more details.
Breaking down the case for Big Lots
Big Lots reported the last year's revenue of 6.2
B. Total Income to common stockholders was 260.17
M with profit before taxes, overhead, and interest of 2.5
B.
Cost of Revenue Breakdown
Big Lots Cost of Revenue is increasing over the years with slightly volatile fluctuation. Cost of Revenue is expected to dwindle to about 3.6
B. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Big Lots Cost of Revenue is projected to increase significantly based on the last few years of reporting. The past year's Cost of Revenue was at 3.7 Billion
| 2010 | 3.12 Billion |
| 2014 | 3.21 Billion |
| 2020 | 3.7 Billion |
| 2021 | 3.6 Billion |
Another 3 percent surge for Big Lots
Skewness just dropped to -0.33, may indicate upcoming price depreciation.
As of the 3rd of December, Big Lots shows the
risk adjusted performance of
(0.023474), and Mean Deviation of 2.13. Big Lots
technical analysis gives you the methodology to make use of
historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of
historical prices and volume momentum, or the prices will eventually revert. We were able to collect and analyze data for nineteen
technical drivers for Big Lots, which can be compared to its rivals. Please confirm
Big Lots coefficient of variation,
maximum drawdown,
skewness, as well as the
relationship between the
information ratio and
downside variance to decide if Big Lots is priced correctly, providing market reflects its regular price of 46.52 per share. Given that Big Lots has
jensen alpha of
(0.07), we suggest you to validate Big Lots's prevailing market performance to make sure the company can sustain itself at a future point.
Our Conclusion on Big Lots
Although some firms under the discount stores industry are still a bit expensive, Big Lots may offer a potential longer-term growth to shareholders. To conclude, as of the 3rd of December 2021, our analysis shows that Big Lots responds to the market. The firm is
fairly valued and projects
low chance of bankruptcy for the next 2 years. Our up-to-date 90 days 'Buy-vs-Sell' recommendation on the firm is
Hold.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, 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 Vlad Skutelnik do not own shares of Big Lots. Please refer to our
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