Broad Historical Income Statement
| BRACR Stock | USD 0.16 0.00 0.00% |
Historical analysis of Broad Capital income statement accounts such as Selling General Administrative of 0.0, Total Revenue of 1.8 M or Research Development of 0.0 can show how well Broad Capital Acquisition performed in making a profits. Evaluating Broad Capital income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Broad Capital's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Broad Capital Acquisition latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Broad Capital Acquisition is a good buy for the upcoming year.
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About Broad Income Statement Analysis
Broad Capital Acquisition Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Broad Capital shareholders. The income statement also shows Broad investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Broad Capital Income Statement Chart
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Broad Capital Acquisition financial statement analysis. It represents the amount of money remaining after all of Broad Capital Acquisition operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Broad Capital Acquisition. It is also known as Broad Capital overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Broad Capital's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Broad Capital Acquisition current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Broad Capital's Income Before Tax is relatively stable compared to the past year. As of 12/11/2024, Total Other Income Expense Net is likely to grow to about 2.8 M, though Operating Income is likely to grow to (2.5 M).
| 2010 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 20.1K | 1.7M | 2.6M | 1.6M | Depreciation And Amortization | 30.1K | 1.7M | 2.8M | 1.6M |
Broad Capital income statement Correlations
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Broad Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Broad Capital
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 Broad Capital 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 Broad Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Broad Stock
| 0.45 | OCAXW | OCA Acquisition Corp | PairCorr |
| 0.44 | NOVVU | Nova Vision Acquisition | PairCorr |
| 0.42 | FRLAU | Fortune Rise Acquisition | PairCorr |
| 0.41 | VHAQ | Viveon Health Acquisition | PairCorr |
| 0.4 | DSAQ | Direct Selling Acqui | PairCorr |
The ability to find closely correlated positions to Broad Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broad Capital 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 Broad Capital - 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 Broad Capital Acquisition to buy it.
The correlation of Broad Capital 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 Broad Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broad Capital Acquisition 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 Broad Capital 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 Broad Stock Analysis
When running Broad Capital's price analysis, check to measure Broad Capital'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 Broad Capital is operating at the current time. Most of Broad Capital's value examination focuses on studying past and present price action to predict the probability of Broad Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broad Capital's price. Additionally, you may evaluate how the addition of Broad Capital to your portfolios can decrease your overall portfolio volatility.