BTB Historical Valuation
| BTB-UN Stock | CAD 3.41 0.03 0.87% |
Some fundamental drivers such as market cap or BTB Real enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze BTB Real Estate valuation indicators such as Working Capital of 0.0 or Enterprise Value of 1.1 B to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of BTB Real's future value.
BTB |
About BTB Valuation Data Analysis
Valuation is the financial process of determining what BTB Real is worth. BTB Real valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. BTB Real valuation ratios help investors to determine whether BTB 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 BTB with respect to the benefits of owning BTB Real security.
BTB Real Valuation Data Chart
Enterprise Value
Enterprise Value (or EV) is usually referred to as BTB Real theoretical takeover price. In the event of an acquisition, an acquirer would have to take on BTB Real Estate debt, but would also pocket its cash. Enterprise Value is more accurate representation of BTB Real value than its market capitalization because it takes into account all of BTB Real Estate existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Pair Trading with BTB 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 BTB 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 BTB Real will appreciate offsetting losses from the drop in the long position's value.Moving against BTB Stock
| 0.48 | GOOG | Alphabet CDR | PairCorr |
| 0.46 | AMZN | Amazon CDR | PairCorr |
| 0.37 | TSLA | Tesla Inc CDR | PairCorr |
| 0.36 | AVGO | Broadcom | PairCorr |
| 0.35 | META | Meta Platforms CDR | PairCorr |
The ability to find closely correlated positions to BTB 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 BTB 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 BTB 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 BTB Real Estate to buy it.
The correlation of BTB 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 BTB Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BTB 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 BTB 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 BTB Stock
Valuation is the financial process of determining what BTB Real is worth. BTB Real valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. BTB Real valuation ratios help investors to determine whether BTB 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 BTB with respect to the benefits of owning BTB Real security.