Bridgemarq Price To Sales Ratio vs Ptb Ratio Analysis
BRE Stock | CAD 15.21 0.16 1.06% |
Bridgemarq Real financial indicator trend analysis is way more than just evaluating Bridgemarq Real Estate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bridgemarq Real Estate is a good investment. Please check the relationship between Bridgemarq Real Price To Sales Ratio and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgemarq Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Price To Sales Ratio vs Ptb Ratio
Price To Sales Ratio vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bridgemarq Real Estate Price To Sales Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bridgemarq Real's Price To Sales Ratio and Ptb Ratio is -0.01. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Bridgemarq Real Estate, assuming nothing else is changed. The correlation between historical values of Bridgemarq Real's Price To Sales Ratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Bridgemarq Real Estate are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Price To Sales Ratio i.e., Bridgemarq Real's Price To Sales Ratio and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Bridgemarq Real Estate stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Bridgemarq Real sales, a figure that is much harder to manipulate than other Bridgemarq Real Estate multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most indicators from Bridgemarq Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bridgemarq Real Estate current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgemarq Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Bridgemarq Real's Tax Provision is very stable compared to the past year. As of the 21st of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.48, while Selling General Administrative is likely to drop about 2.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8.8M | 8.8M | 8.8M | 6.7M | Depreciation And Amortization | 32.6M | 15.6M | 32.5M | 19.1M |
Bridgemarq Real fundamental ratios Correlations
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Bridgemarq Real Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bridgemarq Real fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 94.8M | 89.0M | 78.6M | 72.6M | 64.9M | 85.9M | |
Short Long Term Debt Total | 73.3M | 73.4M | 68.4M | 67.0M | 69.0M | 67.8M | |
Other Current Liab | 1.6M | (369K) | 1.0M | 978K | 1.2M | 2.1M | |
Total Current Liabilities | 4.7M | 3.4M | 3.2M | 70.3M | 3.3M | 3.1M | |
Total Stockholder Equity | (36.4M) | (48.4M) | (56.5M) | (48.3M) | (57.1M) | (54.3M) | |
Net Debt | 68.1M | 64.2M | 62.2M | 60.5M | 63.3M | 54.7M | |
Accounts Payable | 1.2M | 1.3M | 1.1M | 1.1M | 1.4M | 1.4M | |
Cash | 5.2M | 9.2M | 6.2M | 6.4M | 5.7M | 4.5M | |
Non Current Assets Total | 84.6M | 76.6M | 68.5M | 60.7M | 54.5M | 78.3M | |
Cash And Short Term Investments | 5.2M | 9.2M | 6.2M | 6.4M | 5.7M | 4.5M | |
Net Receivables | 4.7M | 3.0M | 3.8M | 3.7M | 3.9M | 4.0M | |
Liabilities And Stockholders Equity | 94.8M | 89.0M | 78.6M | 72.6M | 64.9M | 85.9M | |
Non Current Liabilities Total | 126.5M | 134.0M | 131.8M | 50.7M | 118.7M | 92.3M | |
Other Current Assets | (10.0M) | (12.3M) | (10.1M) | 1.8M | (9.7M) | (9.2M) | |
Other Stockholder Equity | 176.5M | 237.0M | 196.6M | 236.7M | 254.3M | 140.2M | |
Total Liab | 131.2M | 137.4M | 135.1M | 120.9M | 122.0M | 101.2M | |
Total Current Assets | 10.1M | 12.3M | 10.1M | 11.9M | 10.4M | 10.5M | |
Intangible Assets | 77.8M | 70.1M | 62.2M | 54.9M | 48.2M | 75.3M | |
Non Currrent Assets Other | 103K | 91K | 74K | 55K | 61K | 58.0K | |
Retained Earnings | (176.5M) | (188.5M) | (196.6M) | (188.4M) | (197.2M) | (207.1M) | |
Current Deferred Revenue | 1.9M | 549K | 573K | 602K | 356K | 373.8K | |
Short Term Debt | 1.9M | 549K | 573K | 67.0M | 356K | 338.2K | |
Other Liab | 52.7M | 57.9M | 62.6M | 50.7M | 58.3M | 57.0M | |
Net Tangible Assets | (114.2M) | (118.6M) | (118.7M) | (103.3M) | (92.9M) | (97.6M) | |
Other Assets | 6.8M | 6.5M | 6.2M | 5.7M | (1.0) | (0.95) | |
Long Term Debt | 73.3M | 73.4M | 68.4M | 0.0 | 67.0M | 47.5M | |
Long Term Debt Total | 65.7M | 71.3M | 73.3M | 73.4M | 68.4M | 0.0 | |
Non Current Liabilities Other | 49.0M | 49.2M | 54.3M | 42.7M | 43.8M | 39.5M | |
Net Invested Capital | 36.9M | 24.9M | 11.9M | 18.6M | 9.9M | 9.4M | |
Net Working Capital | 5.5M | 8.9M | 6.9M | (58.4M) | 7.1M | 7.5M |
Pair Trading with Bridgemarq Real
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 Bridgemarq Real 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 Bridgemarq Real will appreciate offsetting losses from the drop in the long position's value.Moving together with Bridgemarq Stock
Moving against Bridgemarq Stock
0.62 | MFC-PC | Manulife Finl Srs | PairCorr |
0.57 | SLF-PG | Sun Life Non | PairCorr |
0.35 | SLF-PC | Sun Life Financial | PairCorr |
0.33 | SLF-PD | Sun Life Financial | PairCorr |
The ability to find closely correlated positions to Bridgemarq Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bridgemarq Real 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 Bridgemarq Real - 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 Bridgemarq Real Estate to buy it.
The correlation of Bridgemarq Real 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 Bridgemarq Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bridgemarq Real Estate 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 Bridgemarq Real 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.Other Information on Investing in Bridgemarq Stock
Balance Sheet is a snapshot of the financial position of Bridgemarq Real Estate at a specified time, usually calculated after every quarter, six months, or one year. Bridgemarq Real Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bridgemarq Real and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bridgemarq currently owns. An asset can also be divided into two categories, current and non-current.