Big Rock Brewery Stock Filter Stocks by Fundamentals

BR Stock  CAD 1.15  0.05  4.55%   
Big Rock Brewery fundamentals help investors to digest information that contributes to Big Rock's financial success or failures. It also enables traders to predict the movement of Big Stock. The fundamental analysis module provides a way to measure Big Rock'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 Big Rock 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.

Did you try this?

Run Volatility Analysis Now

   

Volatility Analysis

Get historical volatility and risk analysis based on latest market data
All  Next Launch Module

Big Fundamentals

About Big Rock Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Big Rock Brewery's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Big Rock using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Big Rock Brewery 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 Big Rock

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

Moving against Big Stock

  0.38AMZN Amazon CDRPairCorr
  0.35GOOG Alphabet CDRPairCorr
  0.34COST Costco Wholesale Corp Earnings Call TomorrowPairCorr
  0.31WMT Walmart Inc CDRPairCorr
The ability to find closely correlated positions to Big Rock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Big Rock 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 Big Rock - 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 Big Rock Brewery to buy it.
The correlation of Big Rock 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 Big Rock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big Rock Brewery 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 Big Rock 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 Big Stock

Big Rock financial ratios help investors to determine whether Big 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 Big with respect to the benefits of owning Big Rock security.