Brookfield Enterprise Value Multiple from 2010 to 2024
| BIP-UN Stock | CAD 49.01 0.31 0.63% |
Enterprise Value Multiple | First Reported 2010-12-31 | Previous Quarter 8.85552635 | Current Value 9.3 | Quarterly Volatility 7.1 K |
Check Brookfield Infrastructure financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Brookfield Infrastructure's main balance sheet or income statement drivers, such as Other Operating Expenses of 14.6 B, Operating Income of 4.6 B or EBITDA of 7.5 B, as well as many indicators such as Price To Sales Ratio of 0.77, Dividend Yield of 0.0902 or PTB Ratio of 2.43. Brookfield financial statements analysis is a perfect complement when working with Brookfield Infrastructure Valuation or Volatility modules.
Brookfield | Enterprise Value Multiple |
Pair Trading with Brookfield Infrastructure
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 Brookfield Infrastructure 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 Brookfield Infrastructure will appreciate offsetting losses from the drop in the long position's value.Moving together with Brookfield Stock
| 0.75 | WMT | Walmart Inc CDR | PairCorr |
| 0.66 | AMZN | Amazon CDR | PairCorr |
| 0.8 | UPS | UPS CDR | PairCorr |
| 0.83 | HD | HOME DEPOT CDR | PairCorr |
The ability to find closely correlated positions to Brookfield Infrastructure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookfield Infrastructure 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 Brookfield Infrastructure - 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 Brookfield Infrastructure Partners to buy it.
The correlation of Brookfield Infrastructure 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 Brookfield Infrastructure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Infrastructure 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 Brookfield Infrastructure 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 Brookfield Infrastructure Correlation against competitors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.