Beacon Cash from 2010 to 2025
| BECN Stock | USD 123.83 2.30 1.89% |
Cash | First Reported 2002-09-30 | Previous Quarter 68 M | Current Value 74.3 M | Quarterly Volatility 168.3 M |
Check Beacon Roofing financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Beacon Roofing's main balance sheet or income statement drivers, such as Depreciation And Amortization of 211.9 M, Selling General Administrative of 1.7 B or Total Revenue of 10.3 B, as well as many indicators such as Price To Sales Ratio of 0.58, Dividend Yield of 0.0037 or PTB Ratio of 4.05. Beacon financial statements analysis is a perfect complement when working with Beacon Roofing Valuation or Volatility modules.
Beacon | Cash |
Latest Beacon Roofing's Cash Growth Pattern
Below is the plot of the Cash of Beacon Roofing Supply over the last few years. Cash refers to the most liquid asset of Beacon Roofing Supply, which is listed under current asset account on Beacon Roofing Supply balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Beacon Roofing customers. The amounts must be unrestricted with restricted cash listed in a different Beacon Roofing account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Beacon Roofing's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Beacon Roofing's overall financial position and show how it may be relating to other accounts over time.
| Cash | 10 Years Trend |
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Cash |
| Timeline |
Beacon Cash Regression Statistics
| Arithmetic Mean | 117,007,383 | |
| Geometric Mean | 67,644,206 | |
| Coefficient Of Variation | 124.69 | |
| Mean Deviation | 84,570,886 | |
| Median | 74,300,000 | |
| Standard Deviation | 145,891,018 | |
| Sample Variance | 21284.2T | |
| Range | 623.3M | |
| R-Value | 0.26 | |
| Mean Square Error | 21303.1T | |
| R-Squared | 0.07 | |
| Significance | 0.34 | |
| Slope | 7,862,623 | |
| Total Sum of Squares | 319262.8T |
Beacon Cash History
Other Fundumenentals of Beacon Roofing Supply
Beacon Roofing Cash component correlations
Click cells to compare fundamentals
About Beacon Roofing Financial Statements
Beacon Roofing investors utilize fundamental indicators, such as Cash, to predict how Beacon Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Pair Trading with Beacon Roofing
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 Beacon Roofing 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 Beacon Roofing will appreciate offsetting losses from the drop in the long position's value.Moving together with Beacon Stock
Moving against Beacon Stock
| 0.76 | TRNS | Transcat | PairCorr |
| 0.67 | BW | Babcock Wilcox Enter | PairCorr |
| 0.64 | DSGR | Distribution Solutions | PairCorr |
| 0.47 | BV | BrightView Holdings | PairCorr |
| 0.36 | AL | Air Lease | PairCorr |
The ability to find closely correlated positions to Beacon Roofing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beacon Roofing 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 Beacon Roofing - 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 Beacon Roofing Supply to buy it.
The correlation of Beacon Roofing 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 Beacon Roofing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beacon Roofing Supply 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 Beacon Roofing 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.Check out the analysis of Beacon Roofing Correlation against competitors. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Trading Companies & Distributors 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 Beacon Roofing. If investors know Beacon 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 Beacon Roofing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.10) | Earnings Share 5.68 | Revenue Per Share | Quarterly Revenue Growth 0.045 | Return On Assets |
The market value of Beacon Roofing Supply is measured differently than its book value, which is the value of Beacon that is recorded on the company's balance sheet. Investors also form their own opinion of Beacon Roofing's value that differs from its market value or its book value, called intrinsic value, which is Beacon Roofing'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 Beacon Roofing's market value can be influenced by many factors that don't directly affect Beacon Roofing'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 Beacon Roofing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beacon Roofing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beacon Roofing'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.