Boat Rocker Media Stock Profit Margin

BRMI Stock  CAD 0.69  0.04  6.15%   
Boat Rocker Media fundamentals help investors to digest information that contributes to Boat Rocker's financial success or failures. It also enables traders to predict the movement of Boat Stock. The fundamental analysis module provides a way to measure Boat Rocker'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 Boat Rocker stock.
Last ReportedProjected for Next Year
Net Loss(0.07)(0.06)
At this time, Boat Rocker's Operating Profit Margin is very stable compared to the past year. As of the 22nd of November 2024, Gross Profit Margin is likely to grow to 0.33, though Pretax Profit Margin is likely to grow to (0.04).
  
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Boat Rocker Media Company Profit Margin Analysis

Boat Rocker's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.

Profit Margin

 = 

Net Income

Revenue

X

100

More About Profit Margin | All Equity Analysis

Current Boat Rocker Profit Margin

    
  0.06 %  
Most of Boat Rocker's fundamental indicators, such as Profit Margin, 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, Boat Rocker Media is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Boat Profit Margin Driver Correlations

Understanding the fundamental principles of building solid financial models for Boat Rocker is extremely important. It helps to project a fair market value of Boat Stock properly, considering its historical fundamentals such as Profit Margin. Since Boat Rocker's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Boat Rocker's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Boat Rocker's interrelated accounts and indicators.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Competition

Boat Pretax Profit Margin

Pretax Profit Margin

(0.0395)

At this time, Boat Rocker's Pretax Profit Margin is very stable compared to the past year.
Based on the latest financial disclosure, Boat Rocker Media has a Profit Margin of 0.0593%. This is 100.51% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The profit margin for all Canada stocks is 104.67% lower than that of the firm.

Boat Profit Margin Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Boat Rocker's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Boat Rocker could also be used in its relative valuation, which is a method of valuing Boat Rocker by comparing valuation metrics of similar companies.
Boat Rocker is currently under evaluation in profit margin category among its peers.

Boat Fundamentals

About Boat Rocker Fundamental Analysis

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

  0.76TC Tucows IncPairCorr

Moving against Boat Stock

  0.69NA-PG National BankPairCorr
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.
Pair CorrelationCorrelation Matching

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.