Brookline Bancorp is a Great Momentum Stock Should You Buy?
BRKL Stock | USD 11.04 0.07 0.63% |
About 62% of Brookline Bancorp's investor base is looking to short. The analysis of overall sentiment of trading Brookline Bancorp stock suggests that many investors are alarmed at this time. Brookline Bancorp's investing sentiment shows overall attitude of investors towards Brookline Bancorp.
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Does Brookline Bancorp have what it takes to be a top stock pick for momentum investors Lets find out.
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Brookline Bancorp Fundamental Analysis
We analyze Brookline Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brookline Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brookline Bancorp 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.
Number Of Shares Shorted
Number Of Shares Shorted Comparative Analysis
Brookline Bancorp is currently under evaluation in number of shares shorted category among its peers. Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Brookline Bancorp 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 Brookline Bancorp stock to make a market-neutral strategy. Peer analysis of Brookline Bancorp could also be used in its relative valuation, which is a method of valuing Brookline Bancorp by comparing valuation metrics with similar companies.
Peers
Brookline Bancorp Related Equities
FNWD | Finward Bancorp | 0.30 | ||||
FFBC | First Financial | 0.16 | ||||
AFBI | Affinity Bancshares | 0.11 | ||||
EBC | Eastern Bankshares | 0.06 | ||||
CWBC | Community West | 0.22 | ||||
FVCB | FVCBankcorp | 0.25 | ||||
HONE | HarborOne Bancorp | 0.34 | ||||
ACNB | ACNB | 0.38 | ||||
HTBK | Heritage Commerce | 0.42 | ||||
BWFG | Bankwell Financial | 0.78 | ||||
EQBK | Equity Bancshares, | 0.80 | ||||
FISI | Financial Institutions | 0.88 | ||||
IBCP | Independent Bank | 1.04 | ||||
BSRR | Sierra Bancorp | 1.10 | ||||
HBCP | Home Bancorp | 1.18 | ||||
HFWA | Heritage Financial | 1.48 | ||||
KRNY | Kearny Financial | 2.47 |
Check out Brookline Bancorp Hype Analysis, Brookline Bancorp Correlation and Brookline Bancorp Performance. For more information on how to buy Brookline Stock please use our How to buy in Brookline Stock guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brookline Bancorp. If investors know Brookline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brookline Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Brookline Bancorp is measured differently than its book value, which is the value of Brookline that is recorded on the company's balance sheet. Investors also form their own opinion of Brookline Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Brookline Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brookline Bancorp's market value can be influenced by many factors that don't directly affect Brookline Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brookline Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookline Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookline Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.