Brightspire Gross Profit from 2010 to 2024
| BRSP Stock | USD 6.34 0.02 0.31% |
Check Brightspire Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Brightspire Capital's main balance sheet or income statement drivers, such as , as well as many indicators such as . Brightspire financial statements analysis is a perfect complement when working with Brightspire Capital Valuation or Volatility modules.
Brightspire |
About Brightspire Capital Financial Statements
Brightspire Capital shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Brightspire Capital investors may analyze each financial statement separately, they are all interrelated. The changes in Brightspire Capital's assets and liabilities, for example, are also reflected in the revenues and expenses on on Brightspire Capital's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
BrightSpire Capital, Inc. operates as a commercial real estate credit real estate investment trust in the United States. BrightSpire Capital, Inc. was incorporated in 2017 and is headquartered in New York, New York. Brightspire Capital operates under REITDiversified classification in the United States and is traded on New York Stock Exchange. It employs 55 people.
Pair Trading with Brightspire 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 Brightspire 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 Brightspire Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Brightspire Stock
Moving against Brightspire Stock
| 0.65 | GNL-PB | Global Net Lease | PairCorr |
| 0.61 | GNL | Global Net Lease, | PairCorr |
| 0.56 | WPC | W P Carey | PairCorr |
| 0.46 | AHH-PA | Armada Hoffler Properties | PairCorr |
The ability to find closely correlated positions to Brightspire 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 Brightspire 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 Brightspire 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 Brightspire Capital to buy it.
The correlation of Brightspire 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 Brightspire Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brightspire Capital 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 Brightspire 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 Brightspire Stock Analysis
When running Brightspire Capital's price analysis, check to measure Brightspire 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 Brightspire Capital is operating at the current time. Most of Brightspire Capital's value examination focuses on studying past and present price action to predict the probability of Brightspire 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 Brightspire Capital's price. Additionally, you may evaluate how the addition of Brightspire Capital to your portfolios can decrease your overall portfolio volatility.