Brookfield Asset Management Preferred Stock Cash Per Share
| BN-PK Preferred Stock | 12.35 0.17 1.40% |
Brookfield Asset Management fundamentals help investors to digest information that contributes to Brookfield Asset's financial success or failures. It also enables traders to predict the movement of Brookfield Preferred Stock. The fundamental analysis module provides a way to measure Brookfield Asset'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 Asset preferred stock.
Brookfield |
Brookfield Asset Management Company Cash Per Share Analysis
Brookfield Asset's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
| Competition |
In accordance with the recently published financial statements, Brookfield Asset Management has a Cash Per Share of 0.0 times. This is 100.0% lower than that of the Financial sector and about the same as Capital Markets (which currently averages 0.0) industry. The cash per share for all Canada preferred stocks is 100.0% higher than that of the company.
Brookfield Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Brookfield Asset's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Brookfield Asset could also be used in its relative valuation, which is a method of valuing Brookfield Asset by comparing valuation metrics of similar companies.Brookfield Asset is currently under evaluation in cash per share category among its peers.
Brookfield Fundamentals
| Revenue | 92.77 B | ||||
| EBITDA | 25.05 B | ||||
| Net Income | 2.06 B | ||||
| Total Debt | 214.4 B | ||||
| Cash Flow From Operations | 7.87 B | ||||
| Total Asset | 441.28 B | ||||
| Annual Yield | 0.07 % | ||||
| Net Asset | 441.28 B |
About Brookfield Asset Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Brookfield Asset Management's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brookfield Asset using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brookfield Asset Management 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 Brookfield Asset
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 Asset 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 Asset will appreciate offsetting losses from the drop in the long position's value.Moving together with Brookfield Preferred Stock
Moving against Brookfield Preferred Stock
| 0.67 | IZ | International Zeolite | PairCorr |
| 0.45 | HPQ | HPQ Silicon Resources | PairCorr |
| 0.38 | ENEV | Enerev5 Metals | PairCorr |
The ability to find closely correlated positions to Brookfield Asset 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 Asset 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 Asset - 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 Asset Management to buy it.
The correlation of Brookfield Asset 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 Asset moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Asset Man 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 Asset 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.Additional Tools for Brookfield Preferred Stock Analysis
When running Brookfield Asset's price analysis, check to measure Brookfield Asset'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 Brookfield Asset is operating at the current time. Most of Brookfield Asset's value examination focuses on studying past and present price action to predict the probability of Brookfield Asset's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Asset's price. Additionally, you may evaluate how the addition of Brookfield Asset to your portfolios can decrease your overall portfolio volatility.