Bri Stock Based Compensation To Revenue from 2010 to 2024
| BRY Stock | CAD 0.34 0.05 12.82% |
Stock Based Compensation To Revenue | First Reported 2010-12-31 | Previous Quarter 0.00001634 | Current Value 0.000016 | Quarterly Volatility 0.00245971 |
Check Bri Chem financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bri Chem's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1 M, Interest Expense of 4.1 M or Selling General Administrative of 9.2 M, as well as many indicators such as Price To Sales Ratio of 0.0782, Dividend Yield of 0.0 or PTB Ratio of 0.41. Bri financial statements analysis is a perfect complement when working with Bri Chem Valuation or Volatility modules.
Bri | Stock Based Compensation To Revenue |
Pair Trading with Bri Chem
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 Bri Chem 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 Bri Chem will appreciate offsetting losses from the drop in the long position's value.Moving together with Bri Stock
Moving against Bri Stock
The ability to find closely correlated positions to Bri Chem could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bri Chem 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 Bri Chem - 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 Bri Chem Corp to buy it.
The correlation of Bri Chem 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 Bri Chem moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bri Chem Corp 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 Bri Chem 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 Bri Stock
Bri Chem financial ratios help investors to determine whether Bri Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bri with respect to the benefits of owning Bri Chem security.