Brompton Return On Assets from 2010 to 2024

LCS Stock  CAD 10.55  0.11  1.05%   
Brompton Lifeco Return On Assets yearly trend continues to be very stable with very little volatility. Return On Assets are likely to grow to 0.23 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Brompton Lifeco Split earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.22127778
Current Value
0.23
Quarterly Volatility
0.22007974
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Brompton Lifeco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Brompton Lifeco's main balance sheet or income statement drivers, such as Total Revenue of 32.5 M, Gross Profit of 33.5 M or Other Operating Expenses of 1.8 M, as well as many indicators such as Price To Sales Ratio of 1.65, Dividend Yield of 0.0785 or PTB Ratio of 0.74. Brompton financial statements analysis is a perfect complement when working with Brompton Lifeco Valuation or Volatility modules.
  
This module can also supplement various Brompton Lifeco Technical models . Check out the analysis of Brompton Lifeco Correlation against competitors.

Pair Trading with Brompton Lifeco

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 Brompton Lifeco 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 Brompton Lifeco will appreciate offsetting losses from the drop in the long position's value.

Moving together with Brompton Stock

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  0.67AAPL Apple Inc CDRPairCorr
The ability to find closely correlated positions to Brompton Lifeco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brompton Lifeco 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 Brompton Lifeco - 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 Brompton Lifeco Split to buy it.
The correlation of Brompton Lifeco 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 Brompton Lifeco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brompton Lifeco Split 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 Brompton Lifeco 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Brompton Stock

Brompton Lifeco financial ratios help investors to determine whether Brompton 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 Brompton with respect to the benefits of owning Brompton Lifeco security.