Bright Common Stock Total Equity from 2010 to 2024
| BEDU Stock | USD 2.00 0.04 2.04% |
Common Stock Total Equity | First Reported 2010-12-31 | Previous Quarter 9.2 K | Current Value 8.3 K | Quarterly Volatility 766.02153217 |
Check Bright Scholar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bright main balance sheet or income statement drivers, such as Discontinued Operations of 252.1 M, Interest Expense of 87.1 M or Selling General Administrative of 491.2 M, as well as many exotic indicators such as Price To Sales Ratio of 0.0992, Dividend Yield of 0.0259 or PTB Ratio of 0.13. Bright financial statements analysis is a perfect complement when working with Bright Scholar Valuation or Volatility modules.
Bright | Common Stock Total Equity |
Latest Bright Scholar's Common Stock Total Equity Growth Pattern
Below is the plot of the Common Stock Total Equity of Bright Scholar Education over the last few years. It is the total value of common stock equity held by shareholders, representing their ownership interest in the company. Bright Scholar's Common Stock Total Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bright Scholar's overall financial position and show how it may be relating to other accounts over time.
| Common Stock Total Equity | 10 Years Trend |
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Common Stock Total Equity |
| Timeline |
Bright Common Stock Total Equity Regression Statistics
| Arithmetic Mean | 7,702 | |
| Geometric Mean | 7,667 | |
| Coefficient Of Variation | 9.95 | |
| Mean Deviation | 655.11 | |
| Median | 8,000 | |
| Standard Deviation | 766.02 | |
| Sample Variance | 586,789 | |
| Range | 2.2K | |
| R-Value | 0.78 | |
| Mean Square Error | 245,594 | |
| R-Squared | 0.61 | |
| Significance | 0.0006 | |
| Slope | 133.93 | |
| Total Sum of Squares | 8.2M |
Bright Common Stock Total Equity History
About Bright Scholar Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Bright Scholar income statement, its balance sheet, and the statement of cash flows. Bright Scholar investors use historical funamental indicators, such as Bright Scholar's Common Stock Total Equity, to determine how well the company is positioned to perform in the future. Although Bright Scholar investors may use each financial statement separately, they are all related. The changes in Bright Scholar's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Bright Scholar's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Bright Scholar Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Bright Scholar. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Common Stock Total Equity | 9.2 K | 8.3 K |
Pair Trading with Bright Scholar
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 Bright Scholar 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 Bright Scholar will appreciate offsetting losses from the drop in the long position's value.Moving against Bright Stock
| 0.63 | JZ | Jianzhi Education Report 4th of October 2024 | PairCorr |
| 0.5 | BTCTW | BTC Digital Symbol Change | PairCorr |
| 0.42 | FEDU | Four Seasons Education | PairCorr |
| 0.41 | WAFU | Wah Fu Education | PairCorr |
The ability to find closely correlated positions to Bright Scholar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bright Scholar 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 Bright Scholar - 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 Bright Scholar Education to buy it.
The correlation of Bright Scholar 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 Bright Scholar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bright Scholar Education 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 Bright Scholar 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 the analysis of Bright Scholar Correlation against competitors. Note that the Bright Scholar Education information on this page should be used as a complementary analysis to other Bright Scholar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Bright Stock analysis
When running Bright Scholar's price analysis, check to measure Bright Scholar'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 Bright Scholar is operating at the current time. Most of Bright Scholar's value examination focuses on studying past and present price action to predict the probability of Bright Scholar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bright Scholar's price. Additionally, you may evaluate how the addition of Bright Scholar to your portfolios can decrease your overall portfolio volatility.
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Is Bright Scholar'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 Bright Scholar. If investors know Bright 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 Bright Scholar 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 0.439 | Earnings Share (1.52) | Revenue Per Share 75.517 | Quarterly Revenue Growth 0.172 | Return On Assets 0.0124 |
The market value of Bright Scholar Education is measured differently than its book value, which is the value of Bright that is recorded on the company's balance sheet. Investors also form their own opinion of Bright Scholar's value that differs from its market value or its book value, called intrinsic value, which is Bright Scholar'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 Bright Scholar's market value can be influenced by many factors that don't directly affect Bright Scholar'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 Bright Scholar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bright Scholar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bright Scholar'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.