Bassett Furniture Industries Stock Price on August 29, 2024

BSET Stock  USD 14.61  0.36  2.40%   
Below is the normalized historical share price chart for Bassett Furniture Industries extending back to March 17, 1980. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Bassett Furniture stands at 14.61, as last reported on the 17th of November 2024, with the highest price reaching 14.78 and the lowest price hitting 14.33 during the day.
IPO Date
1st of January 1987
200 Day MA
14.2026
50 Day MA
14.3672
Beta
1.658
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Bassett Stock, it is important to understand the factors that can impact its price. Bassett Furniture appears to be very steady, given 3 months investment horizon. Bassett Furniture secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bassett Furniture Industries, which you can use to evaluate the volatility of the firm. Please makes use of Bassett Furniture's Downside Deviation of 1.79, mean deviation of 1.4, and Risk Adjusted Performance of 0.1128 to double-check if our risk estimates are consistent with your expectations.
  
At this time, Bassett Furniture's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 9.9 M in 2024, whereas Capital Stock is likely to drop slightly above 38.7 M in 2024. . At this time, Bassett Furniture's Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 1.18 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (77.14). Bassett Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1348

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsBSET
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.83
  actual daily
16
84% of assets are more volatile

Expected Return

 0.25
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Bassett Furniture is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bassett Furniture by adding it to a well-diversified portfolio.
Price Book
0.7791
Enterprise Value Ebitda
60.805
Price Sales
0.3779
Shares Float
8.1 M
Dividend Share
0.74

Related Headline

Flexsteel Industries Headline on 29th of August 2024

Filed transaction by Flexsteel Industries Officer Cfo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Bassett Furniture Valuation on August 29, 2024

It is possible to determine the worth of Bassett Furniture on a given historical date. On August 29, 2024 Bassett was worth 13.38 at the beginning of the trading date compared to the closed value of 13.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bassett Furniture stock. Still, in general, we apply an absolute valuation method to find Bassett Furniture's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bassett Furniture where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bassett Furniture's related companies.
 Open High Low Close Volume
  13.03    13.42    13.03    13.38    37,746  
08/29/2024
  13.38    13.65    13.17    13.64    19,440  
  13.72    14.00    13.72    13.97    18,564  
Backtest Bassett Furniture  |  Bassett Furniture History  |  Bassett Furniture Valuation   PreviousNext  
Open Value
13.38
13.64
Closing Value
18.87
Upside

Bassett Furniture Trading Date Momentum on August 29, 2024

On August 30 2024 Bassett Furniture Industries was traded for  13.97  at the closing time. The top price for the day was 14.00  and the lowest listed price was  13.72 . The trading volume for the day was 18.6 K. The trading history from August 30, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 2.42% . The overall trading delta against the current closing price is 0.81% .

Bassett Furniture Fundamentals Correlations and Trends

By evaluating Bassett Furniture's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bassett Furniture's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bassett financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Bassett Furniture Stock history

Bassett Furniture investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bassett is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bassett Furniture will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bassett Furniture stock prices may prove useful in developing a viable investing in Bassett Furniture
Last ReportedProjected for Next Year
Common Stock Shares Outstanding7.9 M9.9 M
Net Income Applicable To Common Shares75.1 M78.9 M

Bassett Furniture Quarterly Net Working Capital

64.42 Million

Bassett Furniture Stock Technical Analysis

Bassett Furniture 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.
A focus of Bassett Furniture technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bassett Furniture trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Bassett Furniture Period Price Range

Low
November 17, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Bassett Furniture Industries cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Bassett Furniture November 17, 2024 Market Strength

Market strength indicators help investors to evaluate how Bassett Furniture stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bassett Furniture shares will generate the highest return on investment. By undertsting and applying Bassett Furniture stock market strength indicators, traders can identify Bassett Furniture Industries entry and exit signals to maximize returns

Bassett Furniture Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bassett Furniture's price direction in advance. Along with the technical and fundamental analysis of Bassett Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bassett to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Bassett Stock Analysis

When running Bassett Furniture's price analysis, check to measure Bassett Furniture'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 Bassett Furniture is operating at the current time. Most of Bassett Furniture's value examination focuses on studying past and present price action to predict the probability of Bassett Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bassett Furniture's price. Additionally, you may evaluate how the addition of Bassett Furniture to your portfolios can decrease your overall portfolio volatility.