BRP Story

<div class='circular--portrait' style='background:#000000;color: #f2f2f2;font-size:3em;'>BRP</div>
DOOO -- USA Stock  

USD 67.46  1.91  2.75%

While some baby boomers are getting worried about consumer cyclical space, it is reasonable to outline BRP Inc against economic and market trends. As expected, BRP is starting to reaffirm its true potential as institutional investors are becoming more and more confident in the future outlook. The returns on the market and returns on BRP appear somewhat sensitive to each other for the last few months. Conflicting forward indicators of the company may also entail signs of long-standing losses for BRP institutional investors. BRP Inc is scheduled to announce its earnings today. The next earnings report is expected on the 19th of March 2021.
Published over two months ago
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Will BRP (NASDAQ:DOOO) price continue to rise in December?
BRP's average rating is Buy from 10 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 BRP market sentiment investors' perception of the future value of BRP. Let us look at a few aspects of BRP technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of BRP Inc. In general, we focus on analyzing BRP stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build BRP'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 BRP's intrinsic value. In addition to deriving basic predictive indicators for BRP, we also check how macroeconomic factors affect BRP 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 BRP'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 BRP 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 BRP. Your research has to be compared to or analyzed against BRP's peers to derive any actionable benefits. When done correctly, BRP'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 BRP Inc.

How does BRP Stands against Peers?

Analyzing BRP 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 BRP 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 BRP 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 BRP, but it might be worth checking our own buy vs. sell analysis

Closer look at BRP Mean Deviation

BRP Inc has current Mean Deviation of 1.87. The mean deviation of the equity instrument is the first measure of the distances between each value of security historical prices and the mean. It gives us an idea of how spread out from the center the distribution of returns.

Mean Deviation is the average of the absolute values of the differences between price distribution numbers and their mean. Mean deviation of equity instrument with a lot of historical data is a biased estimator because the time horizon used in calculation will always be much smaller than the entire price history of the equity. The mean deviation is typically used as a measure of dispersion for small investment horizon, otherwise standard deviation is a better measure of dispersion.

Mean Deviation 
SUM = Summation notation
RET DEV = Sum of return deviations of BRP
N = Number of calculation points for selected time horizon
Let's now compare BRP Mean Deviation to its closest peers:

Are BRP technical ratios showing a bounce back?

Latest semi variance is at 6.97. BRP Inc currently demonstrates below-verage downside deviation. It has Information Ratio of -0.01 and Jensen Alpha of 0.03. However, we do advice investors to further question BRP Inc expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Conclusion on BRP

Whereas many of the other players under the recreational vehicles industry are still a bit expensive, BRP may offer a potential longer-term growth to institutional investors. To conclude, as of the 25th of November 2020, our analysis shows that BRP slowly supersedes the market. The company is overvalued and projects low probability of distress for the next 2 years. Our latest 30 days buy-or-sell advice on the company is Sell.

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 BRP Inc. Please refer to our Terms of Use for any information regarding our disclosure principles.

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