Big Lots Stock Technical Analysis
BIG Stock | USD 3.41 0.02 0.58% |
As of the 24th of April, Big Lots shows the mean deviation of 4.79, and Risk Adjusted Performance of (0.05). 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 thirteen technical drivers for Big Lots, which can be compared to its peers. Please confirm Big Lots variance, as well as the relationship between the maximum drawdown and skewness to decide if Big Lots is priced correctly, providing market reflects its regular price of 3.41 per share. Given that Big Lots has information ratio of (0.11), we suggest you to validate Big Lots's prevailing market performance to make sure the company can sustain itself at a future point.
Big Lots Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Big, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BigBig |
Big Lots Analyst Consensus
Target Price | Advice | # of Analysts | |
6.47 | Hold | 6 | Odds |
Most Big analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Big stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Big Lots, talking to its executives and customers, or listening to Big conference calls.
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.
Big Lots Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Big Lots volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Big Lots Trend Analysis
Use this graph to draw trend lines for Big Lots. You can use it to identify possible trend reversals for Big Lots as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Big Lots price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Big Lots Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Big Lots applied against its price change over selected period. The best fit line has a slop of 0.04 , which may imply that the returns on investment in Big Lots will continue to fail. It has 122 observation points and a regression sum of squares at 47.35, which is the sum of squared deviations for the predicted Big Lots price change compared to its average price change.About Big Lots Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Big Lots on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Big Lots based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Big Lots price pattern first instead of the macroeconomic environment surrounding Big Lots. By analyzing Big Lots's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Big Lots's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Big Lots specific price patterns or momentum indicators. Please read more on our technical analysis page.
2020 | 2024 (projected) | Dividend Yield | 0.0578 | 0.011 | Price To Sales Ratio | 0.0359 | 0.49 |
Big Lots April 24, 2024 Technical Indicators
Most technical analysis of Big help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Big from various momentum indicators to cycle indicators. When you analyze Big charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.05) | |||
Market Risk Adjusted Performance | (0.16) | |||
Mean Deviation | 4.79 | |||
Coefficient Of Variation | (1,073) | |||
Standard Deviation | 6.84 | |||
Variance | 46.73 | |||
Information Ratio | (0.11) | |||
Jensen Alpha | (0.96) | |||
Total Risk Alpha | (1.58) | |||
Treynor Ratio | (0.17) | |||
Maximum Drawdown | 34.94 | |||
Value At Risk | (7.14) | |||
Potential Upside | 11.75 | |||
Skewness | (0.30) | |||
Kurtosis | 4.31 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Lots. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Big Stock please use our How to Invest in Big Lots guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Big Stock analysis
When running Big Lots' price analysis, check to measure Big Lots' 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 Big Lots is operating at the current time. Most of Big Lots' value examination focuses on studying past and present price action to predict the probability of Big Lots' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Big Lots' price. Additionally, you may evaluate how the addition of Big Lots to your portfolios can decrease your overall portfolio volatility.
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Is Big Lots' 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 Big Lots. If investors know Big 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 Big Lots 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 (0.37) | Earnings Share (16.53) | Revenue Per Share 161.965 | Quarterly Revenue Growth (0.07) | Return On Assets (0.08) |
The market value of Big Lots is measured differently than its book value, which is the value of Big that is recorded on the company's balance sheet. Investors also form their own opinion of Big Lots' value that differs from its market value or its book value, called intrinsic value, which is Big Lots' 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 Big Lots' market value can be influenced by many factors that don't directly affect Big Lots' 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 Big Lots' value and its price as these two are different measures arrived at by different means. Investors typically determine if Big Lots is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Big Lots' 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.