BJs Historical Valuation
| BJ Stock | USD 72.57 2.71 3.60% |
Some fundamental drivers such as market cap or BJs Wholesale enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze BJs Wholesale Club valuation indicators such as Working Capital of 0.0 or Enterprise Value of 7.9 B to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of BJs Wholesale's future value.
BJs |
About BJs Valuation Data Analysis
Valuation is the financial process of determining what BJs Wholesale is worth. BJs Wholesale valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. BJs Wholesale valuation ratios help investors to determine whether BJs Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BJs with respect to the benefits of owning BJs Wholesale security.
BJs Wholesale Valuation Data Chart
BJs valuation ratios help to determine how cheap or expensive it is, compared to its peers or based on some benchmark measure of value for a given date. A typical valuation ratio shows the difference between the cost of BJs equity instrument and the benefits of owning shares of BJs Wholesale Club.
Enterprise Value
Enterprise Value (or EV) is usually referred to as BJs Wholesale theoretical takeover price. In the event of an acquisition, an acquirer would have to take on BJs Wholesale Club debt, but would also pocket its cash. Enterprise Value is more accurate representation of BJs Wholesale value than its market capitalization because it takes into account all of BJs Wholesale Club existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.BJs Wholesale Investors Sentiment
The influence of BJs Wholesale's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in BJs. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to BJs Wholesale's public news can be used to forecast risks associated with an investment in BJs. The trend in average sentiment can be used to explain how an investor holding BJs can time the market purely based on public headlines and social activities around BJs Wholesale Club. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
BJs Wholesale's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for BJs Wholesale's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average BJs Wholesale's news discussions. The higher the estimated score, the more favorable is the investor's outlook on BJs Wholesale.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BJs Wholesale in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BJs Wholesale's short interest history, or implied volatility extrapolated from BJs Wholesale options trading.
Pair Trading with BJs Wholesale
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BJs Wholesale position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BJs Wholesale will appreciate offsetting losses from the drop in the long position's value.Moving together with BJs Stock
| 0.88 | DG | Dollar General Financial Report 6th of June 2024 | PairCorr |
| 0.92 | TGT | Target Financial Report 15th of May 2024 | PairCorr |
| 0.91 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
Moving against BJs Stock
| 0.86 | IH | IhumanInc | PairCorr |
| 0.61 | YI | 111 Inc | PairCorr |
| 0.58 | GV | Visionary Education Symbol Change | PairCorr |
| 0.52 | LW | Lamb Weston Holdings Sell-off Trend | PairCorr |
The ability to find closely correlated positions to BJs Wholesale could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BJs Wholesale when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BJs Wholesale - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BJs Wholesale Club to buy it.
The correlation of BJs Wholesale is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BJs Wholesale moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BJs Wholesale Club moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BJs Wholesale can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BJs Wholesale Club. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for BJs Stock analysis
When running BJs Wholesale's price analysis, check to measure BJs Wholesale's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BJs Wholesale is operating at the current time. Most of BJs Wholesale's value examination focuses on studying past and present price action to predict the probability of BJs Wholesale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BJs Wholesale's price. Additionally, you may evaluate how the addition of BJs Wholesale to your portfolios can decrease your overall portfolio volatility.
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Is BJs Wholesale's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BJs Wholesale. If investors know BJs will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BJs Wholesale listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.144 | Earnings Share 3.88 | Revenue Per Share 150.087 | Quarterly Revenue Growth 0.087 | Return On Assets 0.0781 |
The market value of BJs Wholesale Club is measured differently than its book value, which is the value of BJs that is recorded on the company's balance sheet. Investors also form their own opinion of BJs Wholesale's value that differs from its market value or its book value, called intrinsic value, which is BJs Wholesale's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BJs Wholesale's market value can be influenced by many factors that don't directly affect BJs Wholesale's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BJs Wholesale's value and its price as these two are different measures arrived at by different means. Investors typically determine if BJs Wholesale is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BJs Wholesale's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.