Brompton Flaherty Crumrine Etf Fundamentals
| BEPR Etf | 9.28 0.06 0.65% |
Brompton Flaherty Crumrine fundamentals help investors to digest information that contributes to Brompton Flaherty's financial success or failures. It also enables traders to predict the movement of Brompton Etf. The fundamental analysis module provides a way to measure Brompton Flaherty's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Brompton Flaherty etf.
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Brompton Flaherty Crumrine ETF Beta Analysis
Brompton Flaherty's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Brompton Flaherty Beta | 0.69 |
Most of Brompton Flaherty's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Brompton Flaherty Crumrine is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Brompton Flaherty Crumrine has a Beta of 0.69. This is much higher than that of the family and significantly higher than that of the Preferred Share Fixed Income category. The beta for all Canada etfs is notably lower than that of the firm.
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As returns on the market increase, Brompton Flaherty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brompton Flaherty is expected to be smaller as well.
Brompton Fundamentals
| Beta | 0.69 | |||
| One Year Return | 19.70 % | |||
| Three Year Return | (0.80) % |
About Brompton Flaherty Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Brompton Flaherty Crumrine's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brompton Flaherty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brompton Flaherty Crumrine based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Brompton Flaherty is entity of Canada. It is traded as Etf on TO exchange.
Pair Trading with Brompton Flaherty
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 Brompton Flaherty 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 Brompton Flaherty will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Brompton Flaherty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brompton Flaherty 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 Brompton Flaherty - 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 Brompton Flaherty Crumrine to buy it.
The correlation of Brompton Flaherty 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 Brompton Flaherty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brompton Flaherty 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 Brompton Flaherty 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 Brompton Etf
Brompton Flaherty financial ratios help investors to determine whether Brompton Etf 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 Brompton with respect to the benefits of owning Brompton Flaherty security.