Broadridge Stock Market Value

BR
 Stock
  

USD 167.63  0.22  0.13%   

Broadridge Financial's market value is the price at which a share of Broadridge Financial stock trades on a public exchange. It measures the collective expectations of Broadridge Financial Solutions investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Broadridge Financial Solutions and determine expected loss or profit from investing in Broadridge Financial over a given investment horizon. Continue to Broadridge Financial Hype Analysis, Broadridge Financial Correlation, Broadridge Financial Valuation, Broadridge Financial Volatility, as well as analyze Broadridge Financial Alpha and Beta and Broadridge Financial Performance.
Symbol


Is Broadridge Financial'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 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 YOY
0.064
Market Capitalization
19.7 B
Quarterly Revenue Growth YOY
0.1
Return On Assets
0.0646
Return On Equity
0.32
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 Broadridge Financial value 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.
0.00
07/09/2022
No Change 0.00  0.0 
In 31 days
08/08/2022
0.00
If you would invest  0.00  in Broadridge Financial on July 9, 2022 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 30 days. Broadridge Financial is related to or competes with McDonalds Corp, Alcoa Corp, JP Morgan, International Business, Cisco Systems, Microsoft Corp, and Starbucks Corp. 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.

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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Broadridge Financial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Broadridge Financial in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
166.35168.00169.65
Details
Intrinsic
Valuation
LowReal ValueHigh
150.87187.44189.09
Details
Naive
Forecast
LowNext ValueHigh
169.18170.83172.48
Details
6 Analysts
Consensus
LowTarget PriceHigh
160.00187.00204.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Broadridge Financial. Your research has to be compared to or analyzed against Broadridge Financial's peers to derive any actionable benefits. When done correctly, Broadridge Financial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Broadridge Financial.

Broadridge Financial Backtested Returns

Broadridge Financial appears to be very steady, given 3 months investment horizon. Broadridge Financial secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had 0.21% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Broadridge Financial Solutions, which you can use to evaluate the future volatility of the firm. Please makes use of Broadridge Financial's Downside Deviation of 1.77, risk adjusted performance of 0.1781, and Mean Deviation of 1.39 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Broadridge Financial holds a performance score of 16. The firm shows a Beta (market volatility) of 1.0971, which signifies a somewhat significant risk relative to the market. Let's try to break down what Broadridge's beta means in this case. Broadridge Financial returns are very sensitive to returns on the market. As the market goes up or down, Broadridge Financial is expected to follow. Although it is vital to follow Broadridge Financial historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Broadridge Financial technical indicators, you can presently evaluate if the expected return of 0.35% will be sustainable into the future. Please makes use of Broadridge Financial sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change to make a quick decision on whether Broadridge Financial price patterns will revert.

Auto-correlation

    
  0.90  

Excellent predictability

Broadridge Financial Solutions has excellent predictability. Overlapping area represents the amount of predictability between Broadridge Financial time series from 9th of July 2022 to 24th of July 2022 and 24th of July 2022 to 8th of August 2022. 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 0.9 indicates that approximately 90.0% of current Broadridge Financial price fluctuation can be explain by its past prices.
Correlation Coefficient0.9
Spearman Rank Test0.91
Residual Average0.0
Price Variance20.4

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 stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       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   
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       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   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Broadridge Financial without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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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 Financial

0.7AFRMAffirm Holdings TrendingPairCorr
0.67AIC3Ai Inc Cl Tech BoostPairCorr

Moving against Broadridge Financial

0.6APIAgora Inc Ads Earnings Call  This WeekPairCorr
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 equities. 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.
Pair CorrelationCorrelation Matching
Continue to Broadridge Financial Hype Analysis, Broadridge Financial Correlation, Broadridge Financial Valuation, Broadridge Financial Volatility, as well as analyze Broadridge Financial Alpha and Beta and Broadridge Financial Performance. Note that the Broadridge Financial information on this page should be used as a complementary analysis to other Broadridge Financial'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Broadridge Financial 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 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.
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Broadridge Financial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Broadridge Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Broadridge Financial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...