Brp Other Non Cash Items vs Stock Based Compensation Analysis
BRP Stock | USD 30.48 0.41 1.36% |
Brp financial indicator trend analysis is way more than just evaluating Brp Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brp Group is a good investment. Please check the relationship between Brp Other Non Cash Items and its Stock Based Compensation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brp 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 metropolitan statistical area.
Other Non Cash Items vs Stock Based Compensation
Other Non Cash Items vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brp Group Other Non Cash Items account and Stock Based Compensation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Brp's Other Non Cash Items and Stock Based Compensation is 0.76. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Brp Group, assuming nothing else is changed. The correlation between historical values of Brp's Other Non Cash Items and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Brp Group are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Other Non Cash Items i.e., Brp's Other Non Cash Items and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Non Cash Items
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most indicators from Brp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brp Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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, which includes a position in Brp 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 metropolitan statistical area. As of 05/15/2024, Selling General Administrative is likely to grow to about 483.1 M. Also, Tax Provision is likely to grow to about 1.7 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 167.2M | 261.3M | 307.2M | 164.7M | Total Revenue | 567.3M | 980.7M | 1.2B | 612.4M |
Brp fundamental ratios Correlations
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Brp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 398.8M | 1.5B | 2.9B | 3.5B | 3.5B | 1.8B | |
Total Stockholder Equity | 73.3M | 367.8M | 608.4M | 608.1M | 560.4M | 552.3M | |
Accounts Payable | 58.0M | 159.8M | 351.9M | 525.2M | 619.9M | 650.9M | |
Cash | 67.7M | 108.5M | 138.3M | 118.1M | 116.2M | 108.0M | |
Other Assets | 5.4M | 11.1M | 25.6M | 30.7M | 27.7M | 48.9M | |
Long Term Debt | 40.4M | 381.4M | 35M | 1.3B | 1.3B | 1.4B | |
Total Liab | 161.5M | 759.9M | 1.7B | 2.3B | 2.5B | 2.6B | |
Total Current Liabilities | 72.8M | 217.4M | 540.7M | 699.2M | 1.0B | 1.1B | |
Other Liab | 48.3M | 161.1M | 227.1M | 220.4M | 253.4M | 146.9M | |
Common Stock | 198K | 455K | 592K | 619K | 646K | 613.7K | |
Retained Earnings | (8.7M) | (24.3M) | (55.0M) | (96.8M) | (186.9M) | (177.6M) | |
Other Current Assets | 3.0M | 4.4M | 8.2M | 9.8M | 12.7M | 13.4M | |
Other Current Liab | 2.5M | 42.0M | 109.1M | 141.5M | 139.7M | 146.6M | |
Property Plant Equipment | 3.3M | 11.0M | 17.5M | 121.9M | 140.2M | 147.2M | |
Short Long Term Debt Total | 40.4M | 385.4M | 982.5M | 1.4B | 1.6B | 1.7B | |
Net Tangible Assets | (183.6M) | (837.9M) | (335.8M) | (1.9B) | (1.7B) | (1.6B) | |
Property Plant And Equipment Net | 3.3M | 11.0M | 99.1M | 121.9M | 108.2M | 54.5M | |
Current Deferred Revenue | 5.3M | 11.6M | 18.2M | 31.0M | 30.3M | 15.8M | |
Net Debt | (27.3M) | 276.9M | 844.2M | 1.3B | 1.5B | 1.6B | |
Non Current Assets Total | 265.8M | 1.2B | 2.3B | 2.7B | 2.6B | 1.4B | |
Non Currrent Assets Other | 5.6M | 11.1M | 25.6M | 45.9M | 38.1M | 20.5M | |
Cash And Short Term Investments | 67.7M | 108.5M | 138.3M | 118.1M | 116.2M | 88.0M | |
Net Receivables | 58.8M | 155.5M | 342.5M | 532.1M | 627.8M | 659.2M | |
Good Will | 164.5M | 651.5M | 1.2B | 1.4B | 1.4B | 781.4M | |
Common Stock Shares Outstanding | 19.4M | 27.2M | 47.6M | 56.8M | 60.1M | 47.5M | |
Long Term Debt Total | 72.2M | 40.4M | 381.4M | 35M | 40.3M | 38.2M | |
Liabilities And Stockholders Equity | 398.8M | 1.5B | 2.9B | 3.5B | 3.5B | 1.9B | |
Non Current Liabilities Total | 88.7M | 542.5M | 1.1B | 1.6B | 1.4B | 789.5M | |
Other Stockholder Equity | 81.7M | 391.7M | 662.8M | 704.2M | 746.7M | 407.3M | |
Deferred Long Term Liab | 5.0M | 8.5M | 16.2M | 28.1M | 32.3M | 33.9M | |
Net Invested Capital | 113.6M | 753.2M | 1.5B | 1.9B | 2.1B | 2.2B | |
Property Plant And Equipment Gross | 3.3M | 11.0M | 99.1M | 121.9M | 122.2M | 128.3M | |
Short Long Term Debt | 2.5M | 4M | 70.0M | 10.0M | 226.9M | 238.3M | |
Total Current Assets | 132.9M | 302.0M | 578.4M | 772.4M | 925.9M | 972.2M | |
Accumulated Other Comprehensive Income | (2.7M) | (688.0K) | (465.0K) | (219.0K) | (42K) | 0.0 | |
Non Current Liabilities Other | 48.3M | 161.1M | 223.5M | 220.4M | 61.4M | 114.6M |
Pair Trading with Brp
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 Brp 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 Brp will appreciate offsetting losses from the drop in the long position's value.Moving together with Brp Stock
0.83 | ERIE | Erie Indemnity | PairCorr |
0.75 | AJG | Arthur J Gallagher Financial Report 25th of July 2024 | PairCorr |
The ability to find closely correlated positions to Brp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brp 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 Brp - 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 Brp Group to buy it.
The correlation of Brp 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 Brp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brp 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 Brp 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 Brp 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 metropolitan statistical area. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Brp's price analysis, check to measure Brp'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 Brp is operating at the current time. Most of Brp's value examination focuses on studying past and present price action to predict the probability of Brp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brp's price. Additionally, you may evaluate how the addition of Brp to your portfolios can decrease your overall portfolio volatility.
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Is Brp'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 Brp. If investors know Brp 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 Brp 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 0.182 | Earnings Share (0.93) | Revenue Per Share 20.822 | Quarterly Revenue Growth 0.151 | Return On Assets 0.0115 |
The market value of Brp Group is measured differently than its book value, which is the value of Brp that is recorded on the company's balance sheet. Investors also form their own opinion of Brp's value that differs from its market value or its book value, called intrinsic value, which is Brp'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 Brp's market value can be influenced by many factors that don't directly affect Brp'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 Brp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brp'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.