Box Story

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BOX -- USA Stock  

USD 17.76  0.20  1.14%

While some baby boomers are getting worried about technology space, it is reasonable to break down Box Inc against economic and market trends. As expected, Box is starting to reaffirm its true potential as investors are becoming more and more confident in the future outlook. The company returns are correlated to returns on the market. As market fluctuates, the company is expected to follow. Strong forward indicators of the company may also suggest signals of long term gains for Box investors. Box Inc is scheduled to announce its earnings today. The next earnings report is expected on the 24th of February 2021.
Published over a month ago
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Our current technical analysis of Box Inc (NYSE:BOX)
This firm's average rating is Buy from 9 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Box market sentiment investors' perception of the future value of Box. Let us look at a few aspects of Box technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Box Inc. In general, we focus on analyzing Box stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Box's daily price indicators and compare them against related drivers such as momentum indicators 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 Box's intrinsic value. In addition to deriving basic predictive indicators for Box, we also check how macroeconomic factors affect Box price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Box'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 Box 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 Box. Your research has to be compared to or analyzed against Box's peers to derive any actionable benefits. When done correctly, Box'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 Box Inc.

How does Box Stands against Peers?

Analyzing Box competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Box across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Box Competition Details

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Box, but it might be worth checking our own buy vs. sell analysis

Payment of 10072 shares by Stephanie Carullo of Box subject to Rule 16b-3

Legal trades by Box insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Box insider trading alert for payment of class a common stock by Stephanie Carullo, Chief Operating Officer, on 22nd of December 2020. This event was filed by Box Inc with SEC on 2020-12-22. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking down the case for Box

The company has a beta of 0.8694. Let's try to break down what Box'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, Box will likely underperform. The beta indicator helps investors understand whether Box moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Box deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. Box Inc reported the last year's revenue of 676.39 M. Reported Net Loss for the year was (133.65 M) with profit before taxes, overhead, and interest of 480.69 M.

Will Box continue to rise?

Kurtosis is down to 1.25. It may suggest a possible volatility slide. Box Inc exhibits very low volatility with skewness of -0.38 and kurtosis of 1.25. However, we advise investors to further study Box Inc technical indicators to make sure all market info is available and is reliable.

Our Final Take On Box

While other companies in the software?infrastructure industry are either recovering or due for a correction, Box may not be as strong as the others in terms of longer-term growth potentials. While some investors may not share our view, we believe it may be a good time to increase your existing holdings in Box. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Box.

About Contributor

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 Raphi Shpitalnik do not own shares of Box Inc. Please refer to our Terms of Use for any information regarding our disclosure principles.

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