Brookfield Off Prop Preferred Stock Three Year Return

BPO-PT Preferred Stock  CAD 17.66  0.11  0.63%   
Brookfield Off Prop fundamentals help investors to digest information that contributes to Brookfield Off's financial success or failures. It also enables traders to predict the movement of Brookfield Preferred Stock. The fundamental analysis module provides a way to measure Brookfield Off'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 Brookfield Off preferred stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Brookfield Off Prop Company Three Year Return Analysis

Brookfield Off's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.

Three Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

More About Three Year Return | All Equity Analysis
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Competition
Based on the latest financial disclosure, Brookfield Off Prop has a Three Year Return of 0.0%. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Capital Markets (which currently averages 0.0) industry. This indicator is about the same for all Canada preferred stocks average (which is currently at 0.0).

Did you try this?

Run Portfolio Optimization Now

   

Portfolio Optimization

Compute new portfolio that will generate highest expected return given your specified tolerance for risk
All  Next Launch Module

Brookfield Fundamentals

About Brookfield Off Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Brookfield Off Prop's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brookfield Off using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brookfield Off Prop based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.

Pair Trading with Brookfield Off

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 Off 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 Off will appreciate offsetting losses from the drop in the long position's value.

Moving together with Brookfield Preferred Stock

  0.64GLXY Galaxy Digital HoldingsPairCorr
  0.66HUT Hut 8 MiningPairCorr
  0.65CF Canaccord GenuityPairCorr

Moving against Brookfield Preferred Stock

  0.55TD Toronto Dominion BankPairCorr
The ability to find closely correlated positions to Brookfield Off 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 Off 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 Off - 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 Off Prop to buy it.
The correlation of Brookfield Off 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 Off moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Off Prop 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 Off 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Brookfield Preferred Stock

Brookfield Off financial ratios help investors to determine whether Brookfield Preferred 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 Brookfield with respect to the benefits of owning Brookfield Off security.