Buckle Inc Stock Market Value
| BKE Stock | USD 36.71 0.41 1.10% |
| Symbol | Buckle |
Buckle Inc Price To Book Ratio
Is Buckle'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 Buckle. If investors know Buckle 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 Buckle 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 (0.1) | Dividend Share 1.4 | Earnings Share 4.4 | Revenue Per Share 25.435 | Quarterly Revenue Growth (0.05) |
The market value of Buckle Inc is measured differently than its book value, which is the value of Buckle that is recorded on the company's balance sheet. Investors also form their own opinion of Buckle's value that differs from its market value or its book value, called intrinsic value, which is Buckle'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 Buckle's market value can be influenced by many factors that don't directly affect Buckle'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 Buckle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Buckle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Buckle'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.
Buckle 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Buckle's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Buckle.
| 02/26/2024 |
| 04/26/2024 |
If you would invest 0.00 in Buckle on February 26, 2024 and sell it all today you would earn a total of 0.00 from holding Buckle Inc or generate 0.0% return on investment in Buckle over 60 days. Buckle is related to or competes with Hibbett Sports, Duluth Holdings, and Lands End. The Buckle, Inc. operates as a retailer of casual apparel, footwear, and accessories for young men and women in the Unit... More
Buckle Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Buckle's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Buckle Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.09 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 9.04 | |||
| Value At Risk | (2.96) | |||
| Potential Upside | 2.86 |
Buckle Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Buckle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Buckle's standard deviation. In reality, there are many statistical measures that can use Buckle historical prices to predict the future Buckle's volatility.| Risk Adjusted Performance | 0.0225 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0224 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Buckle's 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.
Buckle Inc Backtested Returns
We consider Buckle very steady. Buckle Inc secures Sharpe Ratio (or Efficiency) of 0.0166, which signifies that the company had a 0.0166% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Buckle Inc, which you can use to evaluate the volatility of the firm. Please confirm Buckle's risk adjusted performance of 0.0225, and Mean Deviation of 1.47 to double-check if the risk estimate we provide is consistent with the expected return of 0.0321%. Buckle has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.68, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Buckle will likely underperform. Buckle Inc right now shows a risk of 1.93%. Please confirm Buckle Inc sortino ratio, semi variance, and the relationship between the information ratio and value at risk , to decide if Buckle Inc will be following its price patterns.
Auto-correlation | 0.73 |
Good predictability
Buckle Inc has good predictability. Overlapping area represents the amount of predictability between Buckle time series from 26th of February 2024 to 27th of March 2024 and 27th of March 2024 to 26th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Buckle Inc price movement. The serial correlation of 0.73 indicates that around 73.0% of current Buckle price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 1.28 |
Buckle Inc lagged returns against current returns
Autocorrelation, which is Buckle stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Buckle's stock expected returns. We can calculate the autocorrelation of Buckle returns to help us make a trade decision. For example, suppose you find that Buckle has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Buckle regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Buckle stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Buckle stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Buckle stock over time.
Current vs Lagged Prices |
| Timeline |
Buckle Lagged Returns
When evaluating Buckle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Buckle stock have on its future price. Buckle autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Buckle autocorrelation shows the relationship between Buckle stock current value and its past values and can show if there is a momentum factor associated with investing in Buckle Inc.
Regressed Prices |
| Timeline |
Buckle Investors Sentiment
The influence of Buckle'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 Buckle. 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 Buckle's public news can be used to forecast risks associated with an investment in Buckle. The trend in average sentiment can be used to explain how an investor holding Buckle can time the market purely based on public headlines and social activities around Buckle Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Buckle'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 Buckle'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 Buckle's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Buckle.
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 Buckle 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, Buckle's short interest history, or implied volatility extrapolated from Buckle options trading.
Pair Trading with Buckle
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 Buckle 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 Buckle will appreciate offsetting losses from the drop in the long position's value.Moving together with Buckle Stock
| 0.64 | FL | Foot Locker Financial Report 17th of May 2024 | PairCorr |
| 0.64 | VIPS | Vipshop Holdings Financial Report 28th of May 2024 | PairCorr |
The ability to find closely correlated positions to Buckle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Buckle 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 Buckle - 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 Buckle Inc to buy it.
The correlation of Buckle 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 Buckle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Buckle Inc 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 Buckle 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 Buckle Correlation, Buckle Volatility and Buckle Alpha and Beta module to complement your research on Buckle. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Buckle Stock analysis
When running Buckle's price analysis, check to measure Buckle'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 Buckle is operating at the current time. Most of Buckle's value examination focuses on studying past and present price action to predict the probability of Buckle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Buckle's price. Additionally, you may evaluate how the addition of Buckle to your portfolios can decrease your overall portfolio volatility.
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Buckle 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.