Brompton Flaherty Crumrine Etf Price To Sales
| BPRF Etf | CAD 23.12 0.07 0.30% |
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.
Brompton |
Brompton Flaherty Crumrine ETF Price To Sales Analysis
Brompton Flaherty's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Based on the latest financial disclosure, Brompton Flaherty Crumrine has a Price To Sales of 0.0 times. This indicator is about the same for the Brompton Funds Limited average (which is currently at 0.0) family and about the same as Preferred Share Fixed Income (which currently averages 0.0) category. This indicator is about the same for all Canada etfs average (which is currently at 0.0).
Brompton Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Brompton Flaherty's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Brompton Flaherty could also be used in its relative valuation, which is a method of valuing Brompton Flaherty by comparing valuation metrics of similar companies.Brompton Flaherty is currently under evaluation in price to sales as compared to similar ETFs.
Fund Asset Allocation for Brompton Flaherty
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds.Asset allocation divides Brompton Flaherty's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Brompton Fundamentals
| Beta | 0.47 | |||
| Total Asset | 17.25 M | |||
| One Year Return | 15.10 % | |||
| Three Year Return | 1.10 % | |||
| Five Year Return | 2.40 % | |||
| Net Asset | 17.25 M | |||
| Last Dividend Paid | 0.1 | |||
| Bond Positions Weight | 14.45 % |
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.
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.