Blue Book Value Per Share from 2010 to 2024

RBN-UN Stock  CAD 8.46  0.05  0.59%   
Blue Ribbon's Book Value Per Share is decreasing over the years with slightly volatile fluctuation. Overall, Book Value Per Share is expected to go to 9.80 this year. Book Value Per Share is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of Blue Ribbon Income according to its financial statements. View All Fundamentals
 
Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
7.04466933
Current Value
9.8
Quarterly Volatility
1.95081833
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Blue Ribbon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Blue Ribbon's main balance sheet or income statement drivers, such as Selling General Administrative of 1.6 M, Total Revenue of 9.8 M or Other Operating Expenses of 1.1 M, as well as many indicators such as Price To Sales Ratio of 10.27, Dividend Yield of 0.08 or PTB Ratio of 0.81. Blue financial statements analysis is a perfect complement when working with Blue Ribbon Valuation or Volatility modules.
  
This module can also supplement various Blue Ribbon Technical models . Check out the analysis of Blue Ribbon Correlation against competitors.

Pair Trading with Blue Ribbon

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 Blue Ribbon 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 Blue Ribbon will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Blue Ribbon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Ribbon 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 Blue Ribbon - 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 Blue Ribbon Income to buy it.
The correlation of Blue Ribbon 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 Blue Ribbon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Ribbon Income 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 Blue Ribbon 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 Blue Stock

Blue Ribbon financial ratios help investors to determine whether Blue 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 Blue with respect to the benefits of owning Blue Ribbon security.