Big Rock Brewery Stock Year To Date Return
| BR Stock | CAD 1.12 0.12 9.68% |
Big Rock Brewery fundamentals help investors to digest information that contributes to Big Rock's financial success or failures. It also enables traders to predict the movement of Big Stock. The fundamental analysis module provides a way to measure Big Rock'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 Big Rock stock.
Big | Year To Date Return |
Big Rock Brewery Company Year To Date Return Analysis
Big Rock's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Big Year To Date Return Driver Correlations
Understanding the fundamental principles of building solid financial models for Big Rock is extremely important. It helps to project a fair market value of Big Stock properly, considering its historical fundamentals such as Year To Date Return. Since Big Rock's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Big Rock's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Big Rock's interrelated accounts and indicators.
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Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
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Big Return On Tangible Assets
Return On Tangible Assets |
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In accordance with the company's disclosures, Big Rock Brewery has a Year To Date Return of 0.0%. This indicator is about the same for the Beverages average (which is currently at 0.0) sector and about the same as Consumer Staples (which currently averages 0.0) industry. This indicator is about the same for all Canada stocks average (which is currently at 0.0).
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Big Fundamentals
| Return On Equity | -0.27 | ||||
| Return On Asset | -0.0605 | ||||
| Profit Margin | (0.14) % | ||||
| Operating Margin | (0.03) % | ||||
| Current Valuation | 24.39 M | ||||
| Shares Outstanding | 6.99 M | ||||
| Shares Owned By Insiders | 18.00 % | ||||
| Shares Owned By Institutions | 41.19 % | ||||
| Number Of Shares Shorted | 1.14 K | ||||
| Price To Earning | 127.31 X | ||||
| Price To Book | 0.42 X | ||||
| Price To Sales | 0.18 X | ||||
| Revenue | 43.68 M | ||||
| Gross Profit | 10.48 M | ||||
| EBITDA | 2.62 M | ||||
| Net Income | (2.93 M) | ||||
| Cash And Equivalents | 163 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 19.59 M | ||||
| Debt To Equity | 17.20 % | ||||
| Current Ratio | 0.92 X | ||||
| Book Value Per Share | 2.61 X | ||||
| Cash Flow From Operations | (2.36 M) | ||||
| Short Ratio | 0.27 X | ||||
| Earnings Per Share | (0.85) X | ||||
| Target Price | 2.5 | ||||
| Number Of Employees | 92 | ||||
| Beta | 0.32 | ||||
| Market Capitalization | 7.83 M | ||||
| Total Asset | 52.79 M | ||||
| Retained Earnings | (94.43 M) | ||||
| Working Capital | (1.55 M) | ||||
| Annual Yield | 2.85 % | ||||
| Net Asset | 52.79 M |
About Big Rock Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Big Rock Brewery's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Big Rock using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Big Rock Brewery based on its fundamental data. In general, a quantitative approach, as applied to this company, 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 Big Rock
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 Big Rock 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 Big Rock will appreciate offsetting losses from the drop in the long position's value.Moving against Big Stock
| 0.42 | JPM | JPMorgan Chase | PairCorr |
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| 0.4 | FSZ | Fiera Capital | PairCorr |
| 0.39 | ERE-UN | European Residential Real | PairCorr |
| 0.38 | RY-PM | Royal Bank | PairCorr |
The ability to find closely correlated positions to Big Rock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Big Rock 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 Big Rock - 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 Big Rock Brewery to buy it.
The correlation of Big Rock 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 Big Rock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big Rock Brewery 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 Big Rock 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 Big Stock
Big Rock financial ratios help investors to determine whether Big 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 Big with respect to the benefits of owning Big Rock security.