BRF Graham Number from 2010 to 2024
| BRFS Stock | USD 3.33 0.04 1.22% |
Graham Number | First Reported 2010-12-31 | Previous Quarter 19.18645628 | Current Value 12.26 | Quarterly Volatility 9.043885 |
Check BRF SA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BRF main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.4 B, Interest Expense of 3.9 B or Selling General Administrative of 2.5 B, as well as many exotic indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0213 or PTB Ratio of 1.17. BRF financial statements analysis is a perfect complement when working with BRF SA Valuation or Volatility modules.
BRF | Graham Number |
Latest BRF SA's Graham Number Growth Pattern
Below is the plot of the Graham Number of BRF SA ADR over the last few years. It is BRF SA's Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BRF SA's overall financial position and show how it may be relating to other accounts over time.
| Graham Number | 10 Years Trend |
|
Graham Number |
| Timeline |
BRF Graham Number Regression Statistics
| Arithmetic Mean | 20.11 | |
| Geometric Mean | 10.31 | |
| Coefficient Of Variation | 44.97 | |
| Mean Deviation | 6.53 | |
| Median | 20.47 | |
| Standard Deviation | 9.04 | |
| Sample Variance | 81.79 | |
| Range | 34.7746 | |
| R-Value | 0.04 | |
| Mean Square Error | 87.92 | |
| R-Squared | 0 | |
| Significance | 0.88 | |
| Slope | 0.09 | |
| Total Sum of Squares | 1,145 |
BRF Graham Number History
About BRF SA Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include BRF SA income statement, its balance sheet, and the statement of cash flows. BRF SA investors use historical funamental indicators, such as BRF SA's Graham Number, to determine how well the company is positioned to perform in the future. Although BRF SA investors may use each financial statement separately, they are all related. The changes in BRF SA's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on BRF SA'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 BRF SA Financial Statements. Understanding these patterns can help to make the right decision on long term investment in BRF SA. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Graham Number | 19.19 | 12.26 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BRF SA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BRF SA's short interest history, or implied volatility extrapolated from BRF SA options trading.
Pair Trading with BRF SA
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 BRF SA 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 BRF SA will appreciate offsetting losses from the drop in the long position's value.Moving together with BRF Stock
| 0.71 | MO | Altria Group | PairCorr |
Moving against BRF Stock
| 0.9 | SAM | Boston Beer | PairCorr |
| 0.87 | IH | IhumanInc | PairCorr |
| 0.78 | BTTR | Better Choice Financial Report 10th of May 2024 | PairCorr |
| 0.74 | FMX | Fomento Economico | PairCorr |
| 0.74 | HPCO | Hempacco Report 10th of May 2024 | PairCorr |
The ability to find closely correlated positions to BRF SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BRF SA 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 BRF SA - 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 BRF SA ADR to buy it.
The correlation of BRF SA 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 BRF SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BRF SA ADR 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 BRF SA 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 BRF SA Correlation against competitors. Note that the BRF SA ADR information on this page should be used as a complementary analysis to other BRF SA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for BRF Stock analysis
When running BRF SA's price analysis, check to measure BRF SA'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 BRF SA is operating at the current time. Most of BRF SA's value examination focuses on studying past and present price action to predict the probability of BRF SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BRF SA's price. Additionally, you may evaluate how the addition of BRF SA to your portfolios can decrease your overall portfolio volatility.
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Is BRF SA'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 BRF SA. If investors know BRF 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 BRF SA 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 0.02 | Earnings Share (0.29) | Revenue Per Share 39.415 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0065 |
The market value of BRF SA ADR is measured differently than its book value, which is the value of BRF that is recorded on the company's balance sheet. Investors also form their own opinion of BRF SA's value that differs from its market value or its book value, called intrinsic value, which is BRF SA'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 BRF SA's market value can be influenced by many factors that don't directly affect BRF SA'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 BRF SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if BRF SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRF SA'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.