Burnham Holdings Pfd Preferred Stock Beta
| BURCP Preferred Stock | USD 53.25 0.00 0.00% |
Burnham Holdings PFD fundamentals help investors to digest information that contributes to Burnham Holdings' financial success or failures. It also enables traders to predict the movement of Burnham Pink Sheet. The fundamental analysis module provides a way to measure Burnham Holdings' 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 Burnham Holdings pink sheet.
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Burnham Holdings PFD Company Beta Analysis
Burnham Holdings' 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 Burnham Holdings Beta | -0.01 |
Most of Burnham Holdings' 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, Burnham Holdings PFD 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, Burnham Holdings PFD has a Beta of -0.01. This is 100.73% lower than that of the Industrials sector and significantly lower than that of the Other industry. The beta for all United States preferred stocks is 93.33% lower than that of the firm.
Burnham Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Burnham Holdings' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Burnham Holdings could also be used in its relative valuation, which is a method of valuing Burnham Holdings by comparing valuation metrics of similar companies.Burnham Holdings is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Burnham Holdings are expected to decrease at a much lower rate. During the bear market, Burnham Holdings is likely to outperform the market.
Burnham Fundamentals
| Price To Earning | 158.50 X | |||
| EBITDA | 12.03 M | |||
| Net Income | 1.6 M | |||
| Cash And Equivalents | 5.13 M | |||
| Cash Per Share | 1.13 X | |||
| Total Debt | 13.87 M | |||
| Debt To Equity | 16.10 % | |||
| Current Ratio | 3.41 X | |||
| Book Value Per Share | 18.74 X | |||
| Cash Flow From Operations | 8.54 M | |||
| Number Of Employees | 740 | |||
| Beta | -0.01 | |||
| Market Capitalization | 249.94 M | |||
| Z Score | 10.8 | |||
| Annual Yield | 0.05 % | |||
| Last Dividend Paid | 1.5 |
About Burnham Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Burnham Holdings PFD's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Burnham Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Burnham Holdings PFD 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 Burnham Holdings
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 Burnham Holdings 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 Burnham Holdings will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Burnham Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Burnham Holdings 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 Burnham Holdings - 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 Burnham Holdings PFD to buy it.
The correlation of Burnham Holdings 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 Burnham Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Burnham Holdings PFD 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 Burnham Holdings 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.Additional Tools for Burnham Pink Sheet Analysis
When running Burnham Holdings' price analysis, check to measure Burnham Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Burnham Holdings is operating at the current time. Most of Burnham Holdings' value examination focuses on studying past and present price action to predict the probability of Burnham Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Burnham Holdings' price. Additionally, you may evaluate how the addition of Burnham Holdings to your portfolios can decrease your overall portfolio volatility.