Bluerock Homes Trust Stock Beta
| BHM Stock | USD 17.20 0.14 0.81% |
Bluerock Homes Trust fundamentals help investors to digest information that contributes to Bluerock Homes' financial success or failures. It also enables traders to predict the movement of Bluerock Stock. The fundamental analysis module provides a way to measure Bluerock Homes' 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 Bluerock Homes stock.
Bluerock | Beta |
Bluerock Homes Trust Company Beta Analysis
Bluerock Homes' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Bluerock Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Bluerock Homes is extremely important. It helps to project a fair market value of Bluerock Stock properly, considering its historical fundamentals such as Beta. Since Bluerock Homes' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Bluerock Homes' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Bluerock Homes' interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Bluerock Homes Trust has a Beta of 0.0. This is 100.0% lower than that of the Real Estate Management & Development sector and about the same as Real Estate (which currently averages 0.0) industry. The beta for all United States stocks is 100.0% lower than that of the firm.
Bluerock Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bluerock Homes' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bluerock Homes could also be used in its relative valuation, which is a method of valuing Bluerock Homes by comparing valuation metrics of similar companies.Bluerock Homes is currently under evaluation in beta category among related companies.
Bluerock Fundamentals
| Return On Equity | -0.0325 | ||||
| Return On Asset | -0.0047 | ||||
| Profit Margin | (0.08) % | ||||
| Operating Margin | (0.10) % | ||||
| Current Valuation | 482.34 M | ||||
| Shares Outstanding | 3.94 M | ||||
| Shares Owned By Insiders | 24.27 % | ||||
| Shares Owned By Institutions | 33.53 % | ||||
| Number Of Shares Shorted | 16.15 K | ||||
| Price To Book | 0.43 X | ||||
| Price To Sales | 1.20 X | ||||
| Revenue | 41.09 M | ||||
| Gross Profit | 23.56 M | ||||
| EBITDA | (1.52 M) | ||||
| Net Income | (4.37 M) | ||||
| Cash And Equivalents | 129.39 M | ||||
| Total Debt | 166.67 M | ||||
| Debt To Equity | 0.26 % | ||||
| Current Ratio | 1.38 X | ||||
| Book Value Per Share | 37.98 X | ||||
| Cash Flow From Operations | 22.58 M | ||||
| Short Ratio | 2.29 X | ||||
| Earnings Per Share | (1.30) X | ||||
| Market Capitalization | 67.88 M | ||||
| Total Asset | 671.62 M | ||||
| Retained Earnings | 24.94 M | ||||
| Working Capital | 29.49 M | ||||
| Net Asset | 671.62 M |
About Bluerock Homes Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bluerock Homes Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bluerock Homes using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bluerock Homes Trust 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.
Pair Trading with Bluerock Homes
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 Bluerock Homes 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 Bluerock Homes will appreciate offsetting losses from the drop in the long position's value.Moving together with Bluerock Stock
| 0.68 | DOMA | Doma Holdings | PairCorr |
Moving against Bluerock Stock
| 0.9 | MMI | Marcus Millichap Earnings Call This Week | PairCorr |
| 0.85 | ZG | Zillow Group Financial Report 1st of May 2024 | PairCorr |
| 0.84 | HOUS | Anywhere Real Estate Financial Report 1st of May 2024 | PairCorr |
| 0.8 | NYC | New York City Financial Report 10th of May 2024 | PairCorr |
| 0.75 | CBL | CBL Associates Properties | PairCorr |
The ability to find closely correlated positions to Bluerock Homes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bluerock Homes 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 Bluerock Homes - 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 Bluerock Homes Trust to buy it.
The correlation of Bluerock Homes 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 Bluerock Homes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bluerock Homes Trust 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 Bluerock Homes 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 Bluerock Homes Piotroski F Score and Bluerock Homes Altman Z Score analysis. Note that the Bluerock Homes Trust information on this page should be used as a complementary analysis to other Bluerock Homes' 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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When running Bluerock Homes' price analysis, check to measure Bluerock Homes' 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 Bluerock Homes is operating at the current time. Most of Bluerock Homes' value examination focuses on studying past and present price action to predict the probability of Bluerock Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bluerock Homes' price. Additionally, you may evaluate how the addition of Bluerock Homes to your portfolios can decrease your overall portfolio volatility.
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Is Bluerock Homes' 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 Bluerock Homes. If investors know Bluerock 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 Bluerock Homes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.30) | Revenue Per Share 13.711 | Quarterly Revenue Growth 0.078 | Return On Assets (0) | Return On Equity (0.03) |
The market value of Bluerock Homes Trust is measured differently than its book value, which is the value of Bluerock that is recorded on the company's balance sheet. Investors also form their own opinion of Bluerock Homes' value that differs from its market value or its book value, called intrinsic value, which is Bluerock Homes' 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 Bluerock Homes' market value can be influenced by many factors that don't directly affect Bluerock Homes' 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 Bluerock Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bluerock Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bluerock Homes' 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.