Broad Total Debt To Capitalization from 2010 to 2024
| BRACR Stock | USD 0.15 0.00 0.00% |
Total Debt To Capitalization | First Reported 2010-12-31 | Previous Quarter 0.0956 | Current Value 0.0908 | Quarterly Volatility 0.36216126 |
Check Broad Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Broad Capital's main balance sheet or income statement drivers, such as Interest Expense of 114.2 K, Selling General Administrative of 0.0 or Total Revenue of 1.8 M, as well as many indicators such as Price To Sales Ratio of 70.47, Dividend Yield of 0.0 or PTB Ratio of 2.24. Broad financial statements analysis is a perfect complement when working with Broad Capital Valuation or Volatility modules.
Broad | Total Debt To Capitalization |
Latest Broad Capital's Total Debt To Capitalization Growth Pattern
Below is the plot of the Total Debt To Capitalization of Broad Capital Acquisition over the last few years. It is Broad Capital's Total Debt To Capitalization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Broad Capital's overall financial position and show how it may be relating to other accounts over time.
| Total Debt To Capitalization | 10 Years Trend |
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Total Debt To Capitalization |
| Timeline |
Broad Total Debt To Capitalization Regression Statistics
| Arithmetic Mean | 0.79 | |
| Geometric Mean | 0.60 | |
| Coefficient Of Variation | 45.87 | |
| Mean Deviation | 0.28 | |
| Median | 0.96 | |
| Standard Deviation | 0.36 | |
| Sample Variance | 0.13 | |
| Range | 0.8814 | |
| R-Value | (0.69) | |
| Mean Square Error | 0.07 | |
| R-Squared | 0.48 | |
| Significance | 0 | |
| Slope | (0.06) | |
| Total Sum of Squares | 1.84 |
Broad Total Debt To Capitalization History
About Broad Capital Financial Statements
Broad Capital shareholders use historical fundamental indicators, such as Total Debt To Capitalization, to determine how well the company is positioned to perform in the future. Although Broad Capital investors may analyze each financial statement separately, they are all interrelated. The changes in Broad Capital's assets and liabilities, for example, are also reflected in the revenues and expenses on on Broad Capital'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 | ||
| Total Debt To Capitalization | 0.10 | 0.09 |
Pair Trading with Broad Capital
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 Broad Capital 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 Broad Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Broad Stock
| 0.48 | NOVVU | Nova Vision Acquisition | PairCorr |
| 0.46 | OCAXW | OCA Acquisition Corp | PairCorr |
| 0.44 | BAYAR | Bayview Acquisition Corp | PairCorr |
| 0.4 | VACH | Voyager Acquisition Corp | PairCorr |
| 0.33 | EURK | Eureka Acquisition Corp | PairCorr |
The ability to find closely correlated positions to Broad Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broad Capital 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 Broad Capital - 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 Broad Capital Acquisition to buy it.
The correlation of Broad Capital 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 Broad Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broad Capital Acquisition 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 Broad Capital 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 Broad Stock Analysis
When running Broad Capital's price analysis, check to measure Broad Capital'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 Broad Capital is operating at the current time. Most of Broad Capital's value examination focuses on studying past and present price action to predict the probability of Broad Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broad Capital's price. Additionally, you may evaluate how the addition of Broad Capital to your portfolios can decrease your overall portfolio volatility.