Broadridge Financial Solutions Stock Market Value
| BR Stock | USD 227.74 0.40 0.18% |
| Symbol | Broadridge |
Is Data Processing & Outsourced Services space 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 Broadridge Financial. If investors know Broadridge 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 Broadridge Financial 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 (0.10) | Dividend Share 3.28 | Earnings Share 5.77 | Revenue Per Share 55.331 | Quarterly Revenue Growth (0.01) |
The market value of Broadridge Financial is measured differently than its book value, which is the value of Broadridge that is recorded on the company's balance sheet. Investors also form their own opinion of Broadridge Financial's value that differs from its market value or its book value, called intrinsic value, which is Broadridge Financial'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 Broadridge Financial's market value can be influenced by many factors that don't directly affect Broadridge Financial'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 Broadridge Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadridge Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadridge Financial'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.
Broadridge Financial 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Broadridge Financial's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Broadridge Financial.
| 07/30/2024 |
| 12/27/2024 |
If you would invest 0.00 in Broadridge Financial on July 30, 2024 and sell it all today you would earn a total of 0.00 from holding Broadridge Financial Solutions or generate 0.0% return on investment in Broadridge Financial over 150 days. Broadridge Financial is related to or competes with Network 1, First Advantage, BrightView Holdings, Civeo Corp, CBIZ, Rentokil Initial, and AZZ Incorporated. Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial ... More
Broadridge Financial Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Broadridge Financial's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Broadridge Financial Solutions upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8561 | |||
| Information Ratio | 0.0762 | |||
| Maximum Drawdown | 7.01 | |||
| Value At Risk | (1.14) | |||
| Potential Upside | 1.62 |
Broadridge Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Broadridge Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Broadridge Financial's standard deviation. In reality, there are many statistical measures that can use Broadridge Financial historical prices to predict the future Broadridge Financial's volatility.| Risk Adjusted Performance | 0.1047 | |||
| Jensen Alpha | 0.1003 | |||
| Total Risk Alpha | 0.065 | |||
| Sortino Ratio | 0.0894 | |||
| Treynor Ratio | 0.2655 |
Broadridge Financial Backtested Returns
Currently, Broadridge Financial Solutions is very steady. Broadridge Financial secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Broadridge Financial Solutions, which you can use to evaluate the volatility of the firm. Please confirm Broadridge Financial's Risk Adjusted Performance of 0.1047, downside deviation of 0.8561, and Mean Deviation of 0.7327 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. Broadridge Financial has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Broadridge Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Broadridge Financial is expected to be smaller as well. Broadridge Financial right now shows a risk of 0.99%. Please confirm Broadridge Financial sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Broadridge Financial will be following its price patterns.
Auto-correlation | 0.13 |
Insignificant predictability
Broadridge Financial Solutions has insignificant predictability. Overlapping area represents the amount of predictability between Broadridge Financial time series from 30th of July 2024 to 13th of October 2024 and 13th of October 2024 to 27th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Broadridge Financial price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Broadridge Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 61.99 |
Broadridge Financial lagged returns against current returns
Autocorrelation, which is Broadridge Financial stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Broadridge Financial's stock expected returns. We can calculate the autocorrelation of Broadridge Financial returns to help us make a trade decision. For example, suppose you find that Broadridge Financial has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Broadridge Financial regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Broadridge Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Broadridge Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Broadridge Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Broadridge Financial Lagged Returns
When evaluating Broadridge Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Broadridge Financial stock have on its future price. Broadridge Financial autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Broadridge Financial autocorrelation shows the relationship between Broadridge Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Broadridge Financial Solutions.
Regressed Prices |
| Timeline |
Pair Trading with Broadridge Financial
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 Broadridge Financial 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 Broadridge Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Broadridge Stock
Moving against Broadridge Stock
| 0.78 | FC | Franklin Covey Earnings Call This Week | PairCorr |
| 0.72 | ESGL | ESGL Holdings Limited | PairCorr |
| 0.69 | VCIG | VCI Global Limited | PairCorr |
| 0.61 | MG | Mistras Group | PairCorr |
| 0.55 | EXPO | Exponent | PairCorr |
The ability to find closely correlated positions to Broadridge Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broadridge Financial 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 Broadridge Financial - 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 Broadridge Financial Solutions to buy it.
The correlation of Broadridge Financial 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 Broadridge Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broadridge Financial 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 Broadridge Financial 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 Broadridge Stock Analysis
When running Broadridge Financial's price analysis, check to measure Broadridge Financial'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 Broadridge Financial is operating at the current time. Most of Broadridge Financial's value examination focuses on studying past and present price action to predict the probability of Broadridge Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadridge Financial's price. Additionally, you may evaluate how the addition of Broadridge Financial to your portfolios can decrease your overall portfolio volatility.