Brown Forman Stock Return On Asset

BF-B Stock  USD 52.04  1.04  2.04%   
Brown Forman fundamentals help investors to digest information that contributes to Brown Forman's financial success or failures. It also enables traders to predict the movement of Brown Stock. The fundamental analysis module provides a way to measure Brown Forman'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 Brown Forman stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Brown Return On Asset Analysis

Brown Forman's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Brown Forman Return On Asset

    
  0.094  
Most of Brown Forman's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Brown Forman is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, Brown Forman has a Return On Asset of 0.094. This is 213.33% higher than that of the Beverages sector and significantly higher than that of the Consumer Staples industry. The return on asset for all United States stocks is 167.14% lower than that of the firm.

Brown Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Brown Forman's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Brown Forman could also be used in its relative valuation, which is a method of valuing Brown Forman by comparing valuation metrics of similar companies.
Brown Forman is currently under evaluation in return on asset category among related companies.

Brown Fundamentals

About Brown Forman Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Brown Forman's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brown Forman using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brown Forman 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.
Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. The company was founded in 1870 and is headquartered in Louisville, Kentucky. Brown Forman operates under BeveragesWineries Distilleries classification in the United States and is traded on NYQ Exchange. It employs 5200 people.

Brown Forman Investors Sentiment

The influence of Brown Forman's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Brown. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Brown Forman's public news can be used to forecast risks associated with an investment in Brown. The trend in average sentiment can be used to explain how an investor holding Brown can time the market purely based on public headlines and social activities around Brown Forman. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Brown Forman's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Brown Forman's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Brown Forman's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Brown Forman.
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 Brown Forman 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, Brown Forman's short interest history, or implied volatility extrapolated from Brown Forman options trading.

Pair Trading with Brown Forman

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 Brown Forman 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 Brown Forman will appreciate offsetting losses from the drop in the long position's value.

Moving against Brown Stock

  0.76STZ Constellation Brands Report 4th of April 2024 PairCorr
  0.59KR Kroger Company Financial Report 20th of June 2024 PairCorr
  0.45GO Grocery Outlet Holding Financial Report 14th of May 2024 PairCorr
  0.41KO Coca-Cola Fiscal Quarter End 31st of March 2024 PairCorr
The ability to find closely correlated positions to Brown Forman could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brown Forman 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 Brown Forman - 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 Brown Forman to buy it.
The correlation of Brown Forman 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 Brown Forman moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brown-Forman 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 Brown Forman 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
Check out Brown Forman Piotroski F Score and Brown Forman Altman Z Score analysis.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for Brown Stock analysis

When running Brown Forman's price analysis, check to measure Brown Forman'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 Brown Forman is operating at the current time. Most of Brown Forman's value examination focuses on studying past and present price action to predict the probability of Brown Forman's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brown Forman's price. Additionally, you may evaluate how the addition of Brown Forman to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Please note, there is a significant difference between Brown Forman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brown Forman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brown Forman'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.