Brilliant Earth Earnings Estimate
| BRLT Stock | USD 2.78 0.05 1.83% |
Brilliant |
Brilliant Earth Earnings per Share Projection vs Actual
About Brilliant Earth Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Brilliant Earth earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Brilliant Earth estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Brilliant Earth fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.| Last Reported | Projected for Next Year | ||
| Retained Earnings | 4.2 M | 2.6 M | |
| Retained Earnings Total Equity | 4.2 M | 2.9 M | |
| Earnings Yield | 0.01 | 0.01 | |
| Price Earnings Ratio | 75.98 | 79.78 | |
| Price Earnings To Growth Ratio | (0.78) | (0.82) |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Brilliant Earth in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Brilliant Earth's short interest history, or implied volatility extrapolated from Brilliant Earth options trading.
Pair Trading with Brilliant Earth
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 Brilliant Earth 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 Brilliant Earth will appreciate offsetting losses from the drop in the long position's value.Moving against Brilliant Stock
| 0.78 | DOGZ | Dogness International | PairCorr |
| 0.76 | VZIO | Vizio Holding Corp Sell-off Trend | PairCorr |
| 0.67 | VSTO | Vista Outdoor Financial Report 1st of May 2024 | PairCorr |
| 0.63 | FEBO | Fenbo Holdings Tech Boost | PairCorr |
| 0.5 | RL | Ralph Lauren Corp Financial Report 23rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Brilliant Earth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brilliant Earth 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 Brilliant Earth - 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 Brilliant Earth Group to buy it.
The correlation of Brilliant Earth 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 Brilliant Earth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brilliant Earth Group 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 Brilliant Earth 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brilliant Earth Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Brilliant Stock analysis
When running Brilliant Earth's price analysis, check to measure Brilliant Earth'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 Brilliant Earth is operating at the current time. Most of Brilliant Earth's value examination focuses on studying past and present price action to predict the probability of Brilliant Earth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brilliant Earth's price. Additionally, you may evaluate how the addition of Brilliant Earth to your portfolios can decrease your overall portfolio volatility.
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Is Brilliant Earth's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brilliant Earth. If investors know Brilliant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brilliant Earth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.69) | Earnings Share 0.04 | Revenue Per Share 37.422 | Quarterly Revenue Growth 0.039 | Return On Assets 0.0105 |
The market value of Brilliant Earth Group is measured differently than its book value, which is the value of Brilliant that is recorded on the company's balance sheet. Investors also form their own opinion of Brilliant Earth's value that differs from its market value or its book value, called intrinsic value, which is Brilliant Earth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brilliant Earth's market value can be influenced by many factors that don't directly affect Brilliant Earth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brilliant Earth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brilliant Earth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brilliant Earth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.