Broadridge Graham Number from 2010 to 2024
| BR Stock | USD 236.44 3.21 1.38% |
Graham Number | First Reported 2010-12-31 | Previous Quarter 49.58191372 | Current Value 52.06 | Quarterly Volatility 13.3388347 |
Check Broadridge Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Broadridge Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 501.8 M, Interest Expense of 157.7 M or Selling General Administrative of 511.6 M, as well as many indicators such as Price To Sales Ratio of 1.78, Dividend Yield of 0.0205 or PTB Ratio of 5.51. Broadridge financial statements analysis is a perfect complement when working with Broadridge Financial Valuation or Volatility modules.
Broadridge | Graham Number |
Latest Broadridge Financial's Graham Number Growth Pattern
Below is the plot of the Graham Number of Broadridge Financial Solutions over the last few years. It is Broadridge Financial's Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Broadridge Financial's overall financial position and show how it may be relating to other accounts over time.
| Graham Number | 10 Years Trend |
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Graham Number |
| Timeline |
Broadridge Graham Number Regression Statistics
| Arithmetic Mean | 30.08 | |
| Geometric Mean | 27.30 | |
| Coefficient Of Variation | 44.34 | |
| Mean Deviation | 11.19 | |
| Median | 27.79 | |
| Standard Deviation | 13.34 | |
| Sample Variance | 177.92 | |
| Range | 39.6673 | |
| R-Value | 0.98 | |
| Mean Square Error | 6.85 | |
| R-Squared | 0.96 | |
| Slope | 2.93 | |
| Total Sum of Squares | 2,491 |
Broadridge Graham Number History
About Broadridge Financial Financial Statements
Broadridge Financial shareholders use historical fundamental indicators, such as Graham Number, to determine how well the company is positioned to perform in the future. Although Broadridge Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Broadridge Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Broadridge Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Graham Number | 49.58 | 52.06 |
Pair Trading with Broadridge Financial
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 Broadridge Financial 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 Broadridge Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Broadridge Stock
Moving against Broadridge Stock
| 0.76 | HDSN | Hudson Technologies | PairCorr |
| 0.69 | BCO | Brinks Company | PairCorr |
| 0.54 | CDTG | CDT Environmental | PairCorr |
| 0.48 | MG | Mistras Group | PairCorr |
| 0.47 | BLMZ | BloomZ Ordinary Shares | PairCorr |
The ability to find closely correlated positions to Broadridge Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broadridge Financial 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 Broadridge Financial - 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 Broadridge Financial Solutions to buy it.
The correlation of Broadridge Financial 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 Broadridge Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broadridge Financial 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 Broadridge Financial 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 Broadridge Stock Analysis
When running Broadridge Financial's price analysis, check to measure Broadridge Financial'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 Broadridge Financial is operating at the current time. Most of Broadridge Financial's value examination focuses on studying past and present price action to predict the probability of Broadridge Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadridge Financial's price. Additionally, you may evaluate how the addition of Broadridge Financial to your portfolios can decrease your overall portfolio volatility.