Brookline Price Fair Value from 2010 to 2024
| BRKL Stock | USD 8.30 0.05 0.60% |
Price Fair Value | First Reported 2010-12-31 | Previous Quarter 0.80307141 | Current Value 1.44 | Quarterly Volatility 0.66770446 |
Check Brookline Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Brookline main balance sheet or income statement drivers, such as Depreciation And Amortization of 16.8 M, Interest Expense of 46.4 M or Selling General Administrative of 154.1 M, as well as many exotic indicators such as Price To Sales Ratio of 1.51, Dividend Yield of 0.0294 or PTB Ratio of 1.44. Brookline financial statements analysis is a perfect complement when working with Brookline Bancorp Valuation or Volatility modules.
Brookline | Price Fair Value |
Latest Brookline Bancorp's Price Fair Value Growth Pattern
Below is the plot of the Price Fair Value of Brookline Bancorp over the last few years. It is Brookline Bancorp's Price Fair Value historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Brookline Bancorp's overall financial position and show how it may be relating to other accounts over time.
| Price Fair Value | 10 Years Trend |
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Price Fair Value |
| Timeline |
Brookline Price Fair Value Regression Statistics
| Arithmetic Mean | 1.35 | |
| Geometric Mean | 1.26 | |
| Coefficient Of Variation | 49.32 | |
| Mean Deviation | 0.37 | |
| Median | 1.21 | |
| Standard Deviation | 0.67 | |
| Sample Variance | 0.45 | |
| Range | 2.8252 | |
| R-Value | (0.37) | |
| Mean Square Error | 0.42 | |
| R-Squared | 0.13 | |
| Significance | 0.18 | |
| Slope | (0.05) | |
| Total Sum of Squares | 6.24 |
Brookline Price Fair Value History
About Brookline Bancorp Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Brookline Bancorp income statement, its balance sheet, and the statement of cash flows. Brookline Bancorp investors use historical funamental indicators, such as Brookline Bancorp's Price Fair Value, to determine how well the company is positioned to perform in the future. Although Brookline Bancorp investors may use each financial statement separately, they are all related. The changes in Brookline Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Brookline Bancorp'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 Brookline Bancorp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Brookline Bancorp. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price Fair Value | 0.80 | 1.44 |
Pair Trading with Brookline Bancorp
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 Brookline Bancorp 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 Brookline Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving against Brookline Stock
| 0.75 | TECTP | Tectonic Financial | PairCorr |
| 0.72 | DB | Deutsche Bank AG | PairCorr |
| 0.59 | CFG-PD | Citizens Financial | PairCorr |
| 0.51 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.49 | KB | KB Financial Group Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Brookline Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookline Bancorp 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 Brookline Bancorp - 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 Brookline Bancorp to buy it.
The correlation of Brookline Bancorp 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 Brookline Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookline Bancorp 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 Brookline Bancorp 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 Brookline Bancorp Correlation against competitors. For more information on how to buy Brookline Stock please use our How to buy in Brookline Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Brookline Stock analysis
When running Brookline Bancorp's price analysis, check to measure Brookline Bancorp'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 Brookline Bancorp is operating at the current time. Most of Brookline Bancorp's value examination focuses on studying past and present price action to predict the probability of Brookline Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookline Bancorp's price. Additionally, you may evaluate how the addition of Brookline Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Brookline Bancorp'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 Brookline Bancorp. If investors know Brookline 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 Brookline Bancorp 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 0.832 | Dividend Share 0.54 | Earnings Share 0.92 | Revenue Per Share 3.834 | Quarterly Revenue Growth 0.096 |
The market value of Brookline Bancorp is measured differently than its book value, which is the value of Brookline that is recorded on the company's balance sheet. Investors also form their own opinion of Brookline Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Brookline Bancorp'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 Brookline Bancorp's market value can be influenced by many factors that don't directly affect Brookline Bancorp'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 Brookline Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookline Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookline Bancorp'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.