Better Price Book Value Ratio from 2010 to 2025
| BETR Stock | 13.27 0.68 4.87% |
Price Book Value Ratio | First Reported 2010-12-31 | Previous Quarter (2.32) | Current Value (2.43) | Quarterly Volatility 633.07339352 |
Check Better Home financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Better Home's main balance sheet or income statement drivers, such as Depreciation And Amortization of 16.9 M, Interest Expense of 34.5 M or Selling General Administrative of 71.8 M, as well as many indicators such as Price To Sales Ratio of 1.07, Dividend Yield of 0.0 or Days Sales Outstanding of 1.7 K. Better financial statements analysis is a perfect complement when working with Better Home Valuation or Volatility modules.
Better | Price Book Value Ratio |
Latest Better Home's Price Book Value Ratio Growth Pattern
Below is the plot of the Price Book Value Ratio of Better Home Finance over the last few years. It is Better Home's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Better Home's overall financial position and show how it may be relating to other accounts over time.
| Price Book Value Ratio | 10 Years Trend |
|
Price Book Value Ratio |
| Timeline |
Better Price Book Value Ratio Regression Statistics
| Arithmetic Mean | 65.56 | |
| Coefficient Of Variation | 965.57 | |
| Mean Deviation | 306.71 | |
| Median | 55.88 | |
| Standard Deviation | 633.07 | |
| Sample Variance | 400,782 | |
| Range | 2.7K | |
| R-Value | (0.14) | |
| Mean Square Error | 420,540 | |
| R-Squared | 0.02 | |
| Significance | 0.60 | |
| Slope | (19.11) | |
| Total Sum of Squares | 6M |
Better Price Book Value Ratio History
About Better Home Financial Statements
Better Home shareholders use historical fundamental indicators, such as Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Better Home investors may analyze each financial statement separately, they are all interrelated. The changes in Better Home's assets and liabilities, for example, are also reflected in the revenues and expenses on on Better Home's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price Book Value Ratio | (2.32) | (2.43) |
Pair Trading with Better Home
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 Better Home 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 Better Home will appreciate offsetting losses from the drop in the long position's value.Moving together with Better Stock
| 0.63 | V | Visa Class A Sell-off Trend | PairCorr |
Moving against Better Stock
| 0.54 | PYPL | PayPal Holdings | PairCorr |
| 0.44 | CODI | Compass Diversified | PairCorr |
| 0.41 | DHIL | Diamond Hill Investment | PairCorr |
| 0.37 | SYF | Synchrony Financial | PairCorr |
The ability to find closely correlated positions to Better Home could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Better Home 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 Better Home - 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 Better Home Finance to buy it.
The correlation of Better Home 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 Better Home moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Better Home Finance 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 Better Home 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 Better Stock Analysis
When running Better Home's price analysis, check to measure Better Home's 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 Better Home is operating at the current time. Most of Better Home's value examination focuses on studying past and present price action to predict the probability of Better Home's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Better Home's price. Additionally, you may evaluate how the addition of Better Home to your portfolios can decrease your overall portfolio volatility.