Broadridge Cash And Short Term Investments from 2010 to 2024
| BR Stock | USD 198.85 3.50 1.79% |
Cash And Short Term Investments | First Reported 2006-06-30 | Previous Quarter 234 M | Current Value 277 M | Quarterly Volatility 109.7 M |
Check Broadridge Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Broadridge main balance sheet or income statement drivers, such as Depreciation And Amortization of 360.8 M, Interest Expense of 163.6 M or Selling General Administrative of 1 B, as well as many exotic indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.0211 or PTB Ratio of 5.34. Broadridge financial statements analysis is a perfect complement when working with Broadridge Financial Valuation or Volatility modules.
Broadridge | Cash And Short Term Investments |
Latest Broadridge Financial's Cash And Short Term Investments Growth Pattern
Below is the plot of the Cash And Short Term Investments of Broadridge Financial Solutions over the last few years. Short Term Investments is an account in the current assets section of Broadridge Financial balance sheet. This account contains Broadridge Financial investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Broadridge Financial Solutions fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Broadridge Financial's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Broadridge Financial's overall financial position and show how it may be relating to other accounts over time.
| Cash And Short Term Investments | 10 Years Trend |
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Cash And Short Term Investments |
| Timeline |
Broadridge Cash And Short Term Investments Regression Statistics
| Arithmetic Mean | 313,810,704 | |
| Geometric Mean | 279,923,949 | |
| Coefficient Of Variation | 46.00 | |
| Mean Deviation | 87,780,178 | |
| Median | 274,500,000 | |
| Standard Deviation | 144,339,763 | |
| Sample Variance | 20834T | |
| Range | 677.6M | |
| R-Value | 0.07 | |
| Mean Square Error | 22312.8T | |
| R-Squared | 0.01 | |
| Significance | 0.79 | |
| Slope | 2,397,067 | |
| Total Sum of Squares | 291675.5T |
Broadridge Cash And Short Term Investments History
About Broadridge Financial Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Broadridge Financial income statement, its balance sheet, and the statement of cash flows. Broadridge Financial investors use historical funamental indicators, such as Broadridge Financial's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Broadridge Financial investors may use each financial statement separately, they are all related. The changes in Broadridge Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Broadridge Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Broadridge Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Broadridge Financial. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Cash And Short Term Investments | 290.1 M | 344.7 M |
Pair Trading with Broadridge Financial
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 Broadridge Financial 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 Broadridge Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Broadridge Stock
| 0.51 | ESGL | ESGL Holdings Limited | PairCorr |
The ability to find closely correlated positions to Broadridge Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broadridge Financial 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 Broadridge Financial - 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 Broadridge Financial Solutions to buy it.
The correlation of Broadridge Financial 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 Broadridge Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broadridge Financial 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 Broadridge Financial 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 Broadridge Financial Correlation against competitors. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Broadridge Stock analysis
When running Broadridge Financial's price analysis, check to measure Broadridge Financial's 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 Broadridge Financial is operating at the current time. Most of Broadridge Financial's value examination focuses on studying past and present price action to predict the probability of Broadridge Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadridge Financial's price. Additionally, you may evaluate how the addition of Broadridge Financial to your portfolios can decrease your overall portfolio volatility.
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Is Broadridge Financial's industry 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 Broadridge Financial. If investors know Broadridge 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 Broadridge Financial 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 0.229 | Dividend Share 1.45 | Earnings Share 5.75 | Revenue Per Share 53.656 | Quarterly Revenue Growth 0.087 |
The market value of Broadridge Financial is measured differently than its book value, which is the value of Broadridge that is recorded on the company's balance sheet. Investors also form their own opinion of Broadridge Financial's value that differs from its market value or its book value, called intrinsic value, which is Broadridge Financial'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 Broadridge Financial's market value can be influenced by many factors that don't directly affect Broadridge Financial'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 Broadridge Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadridge Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadridge Financial'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.