Brookfield Global Listed Fund Net Asset
| BLRAX Fund | USD 10.34 0.03 0.29% |
Brookfield Global Listed fundamentals help investors to digest information that contributes to Brookfield Global's financial success or failures. It also enables traders to predict the movement of Brookfield Mutual Fund. The fundamental analysis module provides a way to measure Brookfield Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Brookfield Global mutual fund.
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Brookfield Global Listed Mutual Fund Net Asset Analysis
Brookfield Global's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Brookfield Global Net Asset | 425.95 M |
Most of Brookfield Global's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Brookfield Global Listed is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, Brookfield Global Listed has a Net Asset of 425.95 M. This is much higher than that of the Brookfield Investment Funds family and significantly higher than that of the Global Real Estate category. The net asset for all United States funds is notably lower than that of the firm.
Brookfield Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Brookfield Global's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Brookfield Global could also be used in its relative valuation, which is a method of valuing Brookfield Global by comparing valuation metrics of similar companies.Brookfield Global is currently under evaluation in net asset among similar funds.
Fund Asset Allocation for Brookfield Global
The fund invests 99.26% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.02%) and various exotic instruments (0.72%).Asset allocation divides Brookfield Global's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Brookfield Fundamentals
| Price To Earning | 22.39 X | |||
| Price To Book | 1.63 X | |||
| Price To Sales | 5.92 X | |||
| Total Asset | 5.23 M | |||
| Annual Yield | 0.02 % | |||
| Year To Date Return | 6.87 % | |||
| One Year Return | (3.15) % | |||
| Three Year Return | (6.27) % | |||
| Five Year Return | (1.95) % | |||
| Net Asset | 425.95 M | |||
| Last Dividend Paid | 0.07 | |||
| Cash Position Weight | 0.02 % | |||
| Equity Positions Weight | 99.26 % |
About Brookfield Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Brookfield Global Listed's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brookfield Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brookfield Global Listed based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Brookfield Global
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 Brookfield Global 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 Brookfield Global will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Brookfield Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookfield Global 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 Brookfield Global - 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 Brookfield Global Listed to buy it.
The correlation of Brookfield Global 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 Brookfield Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Global Listed 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 Brookfield Global 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Global Listed. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Brookfield Global Listed information on this page should be used as a complementary analysis to other Brookfield Global'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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.