Boat Free Cash Flow Yield from 2010 to 2024
| BRMI Stock | CAD 0.65 0.04 5.80% |
Free Cash Flow Yield | First Reported 2010-12-31 | Previous Quarter 0.90677941 | Current Value 0.95 | Quarterly Volatility 0.36634687 |
Check Boat Rocker financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Boat Rocker's main balance sheet or income statement drivers, such as Tax Provision of 5 M, Interest Income of 3.4 M or Depreciation And Amortization of 160.6 M, as well as many indicators such as Price To Sales Ratio of 0.15, Dividend Yield of 0.0042 or PTB Ratio of 0.34. Boat financial statements analysis is a perfect complement when working with Boat Rocker Valuation or Volatility modules.
Boat | Free Cash Flow Yield |
Pair Trading with Boat Rocker
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 Boat Rocker 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 Boat Rocker will appreciate offsetting losses from the drop in the long position's value.Moving together with Boat Stock
Moving against Boat Stock
The ability to find closely correlated positions to Boat Rocker could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boat Rocker 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 Boat Rocker - 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 Boat Rocker Media to buy it.
The correlation of Boat Rocker 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 Boat Rocker moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boat Rocker Media 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 Boat Rocker 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.Other Information on Investing in Boat Stock
Boat Rocker financial ratios help investors to determine whether Boat Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Boat with respect to the benefits of owning Boat Rocker security.