Brookstone Opportunities Financial Statements From 2010 to 2026
| BAMO Etf | 32.87 0.06 0.18% |
Check Brookstone Opportunities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Brookstone Opportunities' main balance sheet or income statement drivers, such as , as well as many indicators such as . Brookstone financial statements analysis is a perfect complement when working with Brookstone Opportunities Valuation or Volatility modules.
Brookstone | Build AI portfolio with Brookstone Etf |
Pair Trading with Brookstone Opportunities
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 Brookstone Opportunities 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 Brookstone Opportunities will appreciate offsetting losses from the drop in the long position's value.Moving together with Brookstone Etf
| 0.89 | HF | DGA Core Plus | PairCorr |
| 0.94 | OCIO | ClearShares OCIO ETF | PairCorr |
| 0.86 | MFUL | Collaborative Investment | PairCorr |
| 0.78 | MPRO | Northern Lights | PairCorr |
| 0.8 | RULE | Collaborative Investment | PairCorr |
Moving against Brookstone Etf
The ability to find closely correlated positions to Brookstone Opportunities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookstone Opportunities 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 Brookstone Opportunities - 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 Brookstone Opportunities ETF to buy it.
The correlation of Brookstone Opportunities 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 Brookstone Opportunities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookstone Opportunities 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 Brookstone Opportunities 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 the analysis of Brookstone Opportunities Correlation against competitors. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Brookstone Opportunities's market price often diverges from its book value, the accounting figure shown on Brookstone's balance sheet. Smart investors calculate Brookstone Opportunities' intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Brookstone Opportunities' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Brookstone Opportunities' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Brookstone Opportunities should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Brookstone Opportunities' 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.