Bridgemarq Pfcf Ratio vs Pb Ratio Analysis
BRE Stock | CAD 14.96 0.20 1.36% |
Bridgemarq Real financial indicator trend analysis is way more than just evaluating Bridgemarq Real Estate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bridgemarq Real Estate is a good investment. Please check the relationship between Bridgemarq Real Pfcf Ratio and its Pb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgemarq Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Pfcf Ratio vs Pb Ratio
Pfcf Ratio vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bridgemarq Real Estate Pfcf Ratio account and Pb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bridgemarq Real's Pfcf Ratio and Pb Ratio is -0.13. Overlapping area represents the amount of variation of Pfcf Ratio that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Bridgemarq Real Estate, assuming nothing else is changed. The correlation between historical values of Bridgemarq Real's Pfcf Ratio and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pfcf Ratio of Bridgemarq Real Estate are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Pfcf Ratio i.e., Bridgemarq Real's Pfcf Ratio and Pb Ratio go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Pfcf Ratio
Pb Ratio
Most indicators from Bridgemarq Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bridgemarq Real Estate current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgemarq Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Bridgemarq Real's Tax Provision is very stable compared to the past year. As of the 12th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.48, while Selling General Administrative is likely to drop about 11.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8.8M | 8.8M | 8.8M | 6.7M | Depreciation And Amortization | 32.6M | 15.6M | 7.4M | 7.1M |
Bridgemarq Real fundamental ratios Correlations
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Bridgemarq Real Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bridgemarq Real fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 94.8M | 89.0M | 78.6M | 72.6M | 64.9M | 85.9M | |
Short Long Term Debt Total | 73.3M | 73.4M | 68.4M | 67.0M | 67.0M | 67.7M | |
Other Current Liab | (369K) | 2.1M | 2.1M | 2.2M | 1.9M | 2.8M | |
Total Current Liabilities | 4.7M | 3.4M | 3.2M | 70.3M | 3.3M | 3.1M | |
Total Stockholder Equity | (36.4M) | (48.4M) | (56.5M) | (48.3M) | (57.1M) | (54.3M) | |
Net Debt | 68.1M | 64.2M | 62.2M | 60.5M | 61.3M | 54.6M | |
Accounts Payable | 1.2M | 1.3M | 1.1M | 1.1M | 1.4M | 1.3M | |
Cash | 5.2M | 9.2M | 6.2M | 6.4M | 5.7M | 4.5M | |
Non Current Assets Total | 84.6M | 76.6M | 68.5M | 60.7M | 54.5M | 78.3M | |
Cash And Short Term Investments | 5.2M | 9.2M | 6.2M | 6.4M | 5.7M | 4.5M | |
Net Receivables | 4.6M | 2.4M | 3.5M | 3.7M | 3.8M | 4.0M | |
Liabilities And Stockholders Equity | 94.8M | 89.0M | 78.6M | 72.6M | 64.9M | 85.9M | |
Non Current Liabilities Total | 126.5M | 134.0M | 131.8M | 50.7M | 118.7M | 92.3M | |
Other Current Assets | 211K | 143K | 139K | 1.8M | 890K | 934.5K | |
Total Liab | 131.2M | 137.4M | 135.1M | 120.9M | 122.0M | 101.2M | |
Total Current Assets | 10.1M | 12.3M | 10.1M | 11.9M | 10.4M | 10.5M | |
Intangible Assets | 77.8M | 70.1M | 62.2M | 54.9M | 48.2M | 75.3M | |
Non Currrent Assets Other | 103K | 91K | 74K | 55K | 61.0K | 57.9K | |
Retained Earnings | (176.5M) | (188.5M) | (196.6M) | (188.4M) | (197.2M) | (207.1M) | |
Short Term Debt | 1.9M | 549K | 573K | 67.0M | 356K | 338.2K | |
Current Deferred Revenue | 1.9M | 549K | 573K | 602K | 356K | 373.8K | |
Other Liab | 52.7M | 57.9M | 62.6M | 50.7M | 58.3M | 57.0M | |
Net Tangible Assets | (114.2M) | (118.6M) | (118.7M) | (103.3M) | (92.9M) | (97.6M) | |
Other Assets | 6.8M | 6.5M | 6.2M | 5.7M | (1.0) | (0.95) | |
Long Term Debt | 73.3M | 73.4M | 68.4M | 0.0 | 67.0M | 47.5M | |
Long Term Debt Total | 65.7M | 71.3M | 73.3M | 73.4M | 68.4M | 0.0 | |
Non Current Liabilities Other | 49.0M | 49.2M | 54.3M | 42.7M | 43.8M | 39.5M | |
Net Invested Capital | 36.9M | 24.9M | 11.9M | 18.6M | 9.9M | 9.4M | |
Net Working Capital | 5.5M | 8.9M | 6.9M | (58.4M) | 7.1M | 7.5M |
Pair Trading with Bridgemarq Real
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 Bridgemarq Real 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 Bridgemarq Real will appreciate offsetting losses from the drop in the long position's value.Moving together with Bridgemarq Stock
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0.84 | BOFA | Bank of America | PairCorr |
0.63 | GOOG | Alphabet CDR | PairCorr |
Moving against Bridgemarq Stock
The ability to find closely correlated positions to Bridgemarq Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bridgemarq Real 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 Bridgemarq Real - 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 Bridgemarq Real Estate to buy it.
The correlation of Bridgemarq Real 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 Bridgemarq Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bridgemarq Real Estate 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 Bridgemarq Real 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 Bridgemarq Stock
Balance Sheet is a snapshot of the financial position of Bridgemarq Real Estate at a specified time, usually calculated after every quarter, six months, or one year. Bridgemarq Real Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bridgemarq Real and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bridgemarq currently owns. An asset can also be divided into two categories, current and non-current.