Bridger Aerospace Group Stock Market Value
| BAER Stock | 3.34 0.02 0.60% |
| Symbol | Bridger |
Bridger Aerospace Price To Book Ratio
Is Electronic Equipment, Instruments & Components space 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 Bridger Aerospace. If investors know Bridger 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 Bridger Aerospace listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.47) | Revenue Per Share 1.557 | Quarterly Revenue Growth 0.12 | Return On Assets (0.03) | Return On Equity (1.40) |
The market value of Bridger Aerospace is measured differently than its book value, which is the value of Bridger that is recorded on the company's balance sheet. Investors also form their own opinion of Bridger Aerospace's value that differs from its market value or its book value, called intrinsic value, which is Bridger Aerospace'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 Bridger Aerospace's market value can be influenced by many factors that don't directly affect Bridger Aerospace'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 Bridger Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bridger Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bridger Aerospace'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.
Bridger Aerospace '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 Bridger Aerospace'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 Bridger Aerospace.
| 05/14/2024 |
| 11/10/2024 |
If you would invest 0.00 in Bridger Aerospace on May 14, 2024 and sell it all today you would earn a total of 0.00 from holding Bridger Aerospace Group or generate 0.0% return on investment in Bridger Aerospace over 180 days. Bridger Aerospace is related to or competes with Allegion PLC, MSA Safety, Resideo Technologies, NL Industries, Brady, Guardforce, and Iveda Solutions. Bridger Aerospace is entity of United States More
Bridger Aerospace 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 Bridger Aerospace'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 Bridger Aerospace Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.09 | |||
| Information Ratio | 0.0289 | |||
| Maximum Drawdown | 52.15 | |||
| Value At Risk | (9.45) | |||
| Potential Upside | 14.29 |
Bridger Aerospace Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bridger Aerospace's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bridger Aerospace's standard deviation. In reality, there are many statistical measures that can use Bridger Aerospace historical prices to predict the future Bridger Aerospace's volatility.| Risk Adjusted Performance | 0.0457 | |||
| Jensen Alpha | 0.0792 | |||
| Total Risk Alpha | (1.41) | |||
| Sortino Ratio | 0.0415 | |||
| Treynor Ratio | 0.1958 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bridger Aerospace'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.
Bridger Aerospace Backtested Returns
Bridger Aerospace appears to be very risky, given 3 months investment horizon. Bridger Aerospace secures Sharpe Ratio (or Efficiency) of 0.0382, which signifies that the company had a 0.0382% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bridger Aerospace Group, which you can use to evaluate the volatility of the firm. Please makes use of Bridger Aerospace's Risk Adjusted Performance of 0.0457, mean deviation of 5.24, and Downside Deviation of 6.09 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bridger Aerospace holds a performance score of 3. The firm shows a Beta (market volatility) of 2.1, 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, Bridger Aerospace will likely underperform. Please check Bridger Aerospace's jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Bridger Aerospace's price patterns will revert.
Auto-correlation | 0.01 |
Virtually no predictability
Bridger Aerospace Group has virtually no predictability. Overlapping area represents the amount of predictability between Bridger Aerospace time series from 14th of May 2024 to 12th of August 2024 and 12th of August 2024 to 10th of November 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 Bridger Aerospace price movement. The serial correlation of 0.01 indicates that just 1.0% of current Bridger Aerospace price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Bridger Aerospace lagged returns against current returns
Autocorrelation, which is Bridger Aerospace 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 Bridger Aerospace's stock expected returns. We can calculate the autocorrelation of Bridger Aerospace returns to help us make a trade decision. For example, suppose you find that Bridger Aerospace 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 |
Bridger Aerospace 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 Bridger Aerospace stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bridger Aerospace stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bridger Aerospace stock over time.
Current vs Lagged Prices |
| Timeline |
Bridger Aerospace Lagged Returns
When evaluating Bridger Aerospace's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bridger Aerospace stock have on its future price. Bridger Aerospace 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, Bridger Aerospace autocorrelation shows the relationship between Bridger Aerospace stock current value and its past values and can show if there is a momentum factor associated with investing in Bridger Aerospace Group.
Regressed Prices |
| Timeline |
Pair Trading with Bridger Aerospace
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 Bridger Aerospace 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 Bridger Aerospace will appreciate offsetting losses from the drop in the long position's value.Moving against Bridger Stock
The ability to find closely correlated positions to Bridger Aerospace could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bridger Aerospace 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 Bridger Aerospace - 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 Bridger Aerospace Group to buy it.
The correlation of Bridger Aerospace 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 Bridger Aerospace moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bridger Aerospace 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 Bridger Aerospace 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.Additional Tools for Bridger Stock Analysis
When running Bridger Aerospace's price analysis, check to measure Bridger Aerospace'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 Bridger Aerospace is operating at the current time. Most of Bridger Aerospace's value examination focuses on studying past and present price action to predict the probability of Bridger Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bridger Aerospace's price. Additionally, you may evaluate how the addition of Bridger Aerospace to your portfolios can decrease your overall portfolio volatility.