Big Rock Brewery Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com
| BR Stock | CAD 1.24 0.09 7.83% |
About 55% of Big Rock's investors are presently thinking to get in. The analysis of overall sentiment of trading Big Rock Brewery stock suggests that some investors are interested at this time. Big Rock's investing sentiment overview a quick insight into current market opportunities from investing in Big Rock Brewery. Many technical investors use Big Rock Brewery stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Big Rock Brewery Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 Marketscreener.com
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Big Rock Fundamental Analysis
We analyze Big Rock'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 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.
Beta
Beta Comparative Analysis
Big Rock is currently under evaluation in beta category among its peers. 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.
Big Rock Brewery Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Big Rock stock to make a market-neutral strategy. Peer analysis of Big Rock could also be used in its relative valuation, which is a method of valuing Big Rock by comparing valuation metrics with similar companies.
Peers
Big Rock Related Equities
| ADW-A | Andrew Peller | 1.75 | ||||
| GH | Gamehost | 1.45 | ||||
| BUI | Buhler Industries | 0.35 | ||||
| CSW-A | Corby Spirit | 0.47 | ||||
| ACD | Accord Financial | 4.82 |
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.