Bridgestone Corp Adr Stock Today
| BRDCY Stock | USD 21.85 0.24 1.09% |
Performance3 of 100
| Odds Of DistressLess than 9
|
Bridgestone Corp is trading at 21.85 as of the 24th of April 2024; that is -1.09% down since the beginning of the trading day. The stock's open price was 22.09. Bridgestone Corp has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Bridgestone Corp ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Bridgestone Corporation, together with its subsidiaries, manufactures and sells tires and rubber products. The company was founded in 1931 and is headquartered in Tokyo, Japan. Bridgestone Corp operates under Auto Parts classification in the United States and is traded on OTC Exchange. The company has 1.37 B outstanding shares. More on Bridgestone Corp ADR
Moving against Bridgestone Pink Sheet
| 0.45 | CTTAF | Continental Aktiengesellscha | PairCorr |
| 0.41 | CTTAY | Continental AG PK | PairCorr |
Follow Valuation Odds of Bankruptcy
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Bridgestone Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Bridgestone Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bridgestone Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Gary Garfield |
| Business Concentration | Auto Parts, Consumer Cyclical (View all Sectors) |
Bridgestone Corp ADR [BRDCY] is a Pink Sheet which is traded between brokers over the counter. The company currently falls under 'Large-Cap' category with a current market capitalization of 25.1 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bridgestone Corp's market, we take the total number of its shares issued and multiply it by Bridgestone Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Bridgestone Corp ADR classifies itself under Consumer Cyclical sector and is part of Auto Parts industry. The entity has 1.37 B outstanding shares.
Bridgestone Corp ADR has accumulated about 629.83 B in cash with 281.54 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 452.32, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Bridgestone Corp Probability Of Bankruptcy
Bridgestone Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Bridgestone Corp jumping above the current price in 90 days from now is about 15.87%. The Bridgestone Corp ADR probability density function shows the probability of Bridgestone Corp pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Bridgestone Corp has a beta of 0.5753 suggesting as returns on the market go up, Bridgestone Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bridgestone Corp ADR will be expected to be much smaller as well. Additionally, bridgestone Corp ADR has an alpha of 0.0119, implying that it can generate a 0.0119 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Bridgestone Corp to move above the current price in 90 days from now is about 15.87 (This Bridgestone Corp ADR probability density function shows the probability of Bridgestone Pink Sheet to fall within a particular range of prices over 90 days) .
Bridgestone Corp ADR Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Bridgestone Corp market risk premium is the additional return an investor will receive from holding Bridgestone Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Bridgestone Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Bridgestone Corp's alpha and beta are two of the key measurements used to evaluate Bridgestone Corp's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9284 | |||
| Semi Deviation | 1.12 | |||
| Standard Deviation | 1.16 | |||
| Variance | 1.35 |
Bridgestone Stock Against Markets
Picking the right benchmark for Bridgestone Corp pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Bridgestone Corp pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Bridgestone Corp is critical whether you are bullish or bearish towards Bridgestone Corp ADR at a given time. Please also check how Bridgestone Corp's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bridgestone Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Bridgestone Corp Corporate Directors
Bridgestone Corp corporate directors refer to members of a Bridgestone Corp board of directors. The board of directors generally takes responsibility for the Bridgestone Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Bridgestone Corp's board members must vote for the resolution. The Bridgestone Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Narumi Zaitsu | CTO, Sr. VP and Director | Profile | |
| Yoshiyuki Morimoto | CTO, Sr. VP, Member of Board Assistant to Sr. VP and Director | Profile | |
| Yoko Suzuki | Independent Director | Profile | |
| Kenichi Masuda | Independent Director | Profile |
How to buy Bridgestone Pink Sheet?
Before investing in Bridgestone Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Bridgestone Corp. To buy Bridgestone Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Bridgestone Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Bridgestone Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Bridgestone Corp ADR stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Bridgestone Corp ADR stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Bridgestone Corp ADR, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Bridgestone Corp ADR?
The danger of trading Bridgestone Corp ADR is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Bridgestone Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Bridgestone Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Bridgestone Corp ADR is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgestone Corp ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Bridgestone Corp ADR information on this page should be used as a complementary analysis to other Bridgestone Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Bridgestone Pink Sheet analysis
When running Bridgestone Corp's price analysis, check to measure Bridgestone Corp'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 Bridgestone Corp is operating at the current time. Most of Bridgestone Corp's value examination focuses on studying past and present price action to predict the probability of Bridgestone Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bridgestone Corp's price. Additionally, you may evaluate how the addition of Bridgestone Corp to your portfolios can decrease your overall portfolio volatility.
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