Aberdeen Price Book Value Ratio from 2010 to 2024
| FCO Stock | USD 5.96 0.01 0.17% |
Price Book Value Ratio | First Reported 2010-12-31 | Previous Quarter 1.27 | Current Value 0.83 | Quarterly Volatility 0.17515557 |
Check Aberdeen Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aberdeen Global's main balance sheet or income statement drivers, such as Interest Expense of 1.3 M, Selling General Administrative of 677.9 K or Total Revenue of 4.2 M, as well as many indicators such as Price To Sales Ratio of 14.81, Dividend Yield of 0.08 or PTB Ratio of 0.83. Aberdeen financial statements analysis is a perfect complement when working with Aberdeen Global Valuation or Volatility modules.
Aberdeen | Price Book Value Ratio |
Latest Aberdeen Global's Price Book Value Ratio Growth Pattern
Below is the plot of the Price Book Value Ratio of Aberdeen Global IF over the last few years. It is Aberdeen Global's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aberdeen Global's overall financial position and show how it may be relating to other accounts over time.
| Price Book Value Ratio | 10 Years Trend |
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Price Book Value Ratio |
| Timeline |
Aberdeen Price Book Value Ratio Regression Statistics
| Arithmetic Mean | 1.04 | |
| Geometric Mean | 1.03 | |
| Coefficient Of Variation | 16.80 | |
| Mean Deviation | 0.13 | |
| Median | 1.01 | |
| Standard Deviation | 0.18 | |
| Sample Variance | 0.03 | |
| Range | 0.5826 | |
| R-Value | 0.53 | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.28 | |
| Significance | 0.04 | |
| Slope | 0.02 | |
| Total Sum of Squares | 0.43 |
Aberdeen Price Book Value Ratio History
About Aberdeen Global Financial Statements
Aberdeen Global investors utilize fundamental indicators, such as Price Book Value Ratio, to predict how Aberdeen Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price Book Value Ratio | 1.27 | 0.83 |
Pair Trading with Aberdeen Global
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 Aberdeen Global 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 Aberdeen Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Aberdeen Stock
Moving against Aberdeen Stock
| 0.73 | BRACU | Broad Capital Acquisition | PairCorr |
| 0.62 | RC | Ready Capital Corp | PairCorr |
| 0.51 | PFTAU | Portage Fintech Acqu | PairCorr |
| 0.36 | TETEW | Technology Telecommunicatio | PairCorr |
The ability to find closely correlated positions to Aberdeen Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aberdeen Global 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 Aberdeen Global - 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 Aberdeen Global IF to buy it.
The correlation of Aberdeen Global 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 Aberdeen Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aberdeen Global IF 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 Aberdeen Global 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.Check out the analysis of Aberdeen Global Correlation against competitors. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aberdeen Global. If investors know Aberdeen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aberdeen Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.135 | Dividend Share 0.84 | Earnings Share 0.42 | Revenue Per Share 0.391 | Quarterly Revenue Growth 0.212 |
The market value of Aberdeen Global IF is measured differently than its book value, which is the value of Aberdeen that is recorded on the company's balance sheet. Investors also form their own opinion of Aberdeen Global's value that differs from its market value or its book value, called intrinsic value, which is Aberdeen Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aberdeen Global's market value can be influenced by many factors that don't directly affect Aberdeen Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aberdeen Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aberdeen Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aberdeen Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.