Burnham Financial Statements From 2010 to 2025
| BURCP Preferred Stock | USD 53.25 0.00 0.00% |
Check Burnham Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Burnham Holdings' main balance sheet or income statement drivers, such as , as well as many indicators such as . Burnham financial statements analysis is a perfect complement when working with Burnham Holdings Valuation or Volatility modules.
Burnham |
About Burnham Holdings Financial Statements
Burnham Holdings shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Burnham Holdings investors may analyze each financial statement separately, they are all interrelated. The changes in Burnham Holdings' assets and liabilities, for example, are also reflected in the revenues and expenses on on Burnham Holdings' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Burnham Holdings, Inc. designs, manufactures, and sells boilers and related heating, ventilation, and air conditioning products and accessories for residential, commercial, and industrial applications in the United States and internationally. Burnham Holdings, Inc. was founded in 2002 and is based in Lancaster, Pennsylvania. Burnham Holdings operates under Diversified Industrials classification in USA and traded on OTC Market. It employs 740 people.
Pair Trading with Burnham Holdings
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 Burnham Holdings 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 Burnham Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Burnham Pink Sheet
| 0.95 | NMPWP | Niagara Mohawk Power | PairCorr |
| 0.9 | SCVPF | Siam Cement | PairCorr |
| 0.74 | CVPBF | CP ALL Public | PairCorr |
| 0.56 | EQC | Equity Commonwealth | PairCorr |
| 0.53 | ELCPF | EDP Energias | PairCorr |
The ability to find closely correlated positions to Burnham Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Burnham Holdings 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 Burnham Holdings - 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 Burnham Holdings PFD to buy it.
The correlation of Burnham Holdings 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 Burnham Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Burnham Holdings PFD 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 Burnham Holdings 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 Burnham Pink Sheet Analysis
When running Burnham Holdings' price analysis, check to measure Burnham Holdings' 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 Burnham Holdings is operating at the current time. Most of Burnham Holdings' value examination focuses on studying past and present price action to predict the probability of Burnham Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Burnham Holdings' price. Additionally, you may evaluate how the addition of Burnham Holdings to your portfolios can decrease your overall portfolio volatility.