Brookfield Finance 450 Stock Market Value
| BNJ Stock | 16.05 0.06 0.37% |
| Symbol | Brookfield |
Brookfield Finance 450 Price To Book Ratio
Is Brookfield Finance'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 Brookfield Finance. If investors know Brookfield 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 Brookfield Finance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Brookfield Finance 450 is measured differently than its book value, which is the value of Brookfield that is recorded on the company's balance sheet. Investors also form their own opinion of Brookfield Finance's value that differs from its market value or its book value, called intrinsic value, which is Brookfield Finance'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 Brookfield Finance's market value can be influenced by many factors that don't directly affect Brookfield Finance'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 Brookfield Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Finance'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.
Brookfield Finance '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 Brookfield Finance'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 Brookfield Finance.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Brookfield Finance on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Brookfield Finance 450 or generate 0.0% return on investment in Brookfield Finance over 30 days. Brookfield Finance is related to or competes with Stevia Nutra. Brookfield Finance is entity of United States More
Brookfield Finance 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 Brookfield Finance'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 Brookfield Finance 450 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.23 | |||
| Information Ratio | 1.0E-4 | |||
| Maximum Drawdown | 4.69 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 1.91 |
Brookfield Finance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brookfield Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brookfield Finance's standard deviation. In reality, there are many statistical measures that can use Brookfield Finance historical prices to predict the future Brookfield Finance's volatility.| Risk Adjusted Performance | 0.0572 | |||
| Jensen Alpha | 0.0267 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 1.0E-4 | |||
| Treynor Ratio | 0.124 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Brookfield Finance'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.
Brookfield Finance 450 Backtested Returns
We consider Brookfield Finance very steady. Brookfield Finance 450 secures Sharpe Ratio (or Efficiency) of 0.0219, which signifies that the company had a 0.0219% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Brookfield Finance 450, which you can use to evaluate the volatility of the firm. Please confirm Brookfield Finance's Mean Deviation of 0.8941, risk adjusted performance of 0.0572, and Downside Deviation of 1.23 to double-check if the risk estimate we provide is consistent with the expected return of 0.0242%. Brookfield Finance has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.69, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Brookfield Finance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brookfield Finance is expected to be smaller as well. Brookfield Finance 450 right now shows a risk of 1.1%. Please confirm Brookfield Finance 450 sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Brookfield Finance 450 will be following its price patterns.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Brookfield Finance 450 has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Brookfield Finance time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Brookfield Finance 450 price movement. The serial correlation of -0.74 indicates that around 74.0% of current Brookfield Finance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Brookfield Finance 450 lagged returns against current returns
Autocorrelation, which is Brookfield Finance 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 Brookfield Finance's stock expected returns. We can calculate the autocorrelation of Brookfield Finance returns to help us make a trade decision. For example, suppose you find that Brookfield Finance 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 |
Brookfield Finance 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 Brookfield Finance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brookfield Finance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brookfield Finance stock over time.
Current vs Lagged Prices |
| Timeline |
Brookfield Finance Lagged Returns
When evaluating Brookfield Finance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brookfield Finance stock have on its future price. Brookfield Finance 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, Brookfield Finance autocorrelation shows the relationship between Brookfield Finance stock current value and its past values and can show if there is a momentum factor associated with investing in Brookfield Finance 450.
Regressed Prices |
| Timeline |
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 Brookfield Finance 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, Brookfield Finance's short interest history, or implied volatility extrapolated from Brookfield Finance options trading.
Pair Trading with Brookfield Finance
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 Brookfield Finance 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 Brookfield Finance will appreciate offsetting losses from the drop in the long position's value.Moving together with Brookfield Stock
| 0.62 | MGR | Affiliated Managers | PairCorr |
Moving against Brookfield Stock
| 0.55 | CETUR | Cetus Capital Acquisition | PairCorr |
| 0.52 | QTI | QT Imaging Holdings Symbol Change | PairCorr |
| 0.5 | GDSTR | Goldenstone Acquisition | PairCorr |
| 0.41 | EMCGR | Embrace Change Acqui | PairCorr |
The ability to find closely correlated positions to Brookfield Finance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookfield Finance 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 Brookfield Finance - 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 Brookfield Finance 450 to buy it.
The correlation of Brookfield Finance 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 Brookfield Finance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Finance 450 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 Brookfield Finance 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 Brookfield Finance Correlation, Brookfield Finance Volatility and Brookfield Finance Alpha and Beta module to complement your research on Brookfield Finance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Brookfield Stock analysis
When running Brookfield Finance's price analysis, check to measure Brookfield Finance'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 Brookfield Finance is operating at the current time. Most of Brookfield Finance's value examination focuses on studying past and present price action to predict the probability of Brookfield Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Finance's price. Additionally, you may evaluate how the addition of Brookfield Finance to your portfolios can decrease your overall portfolio volatility.
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Brookfield Finance 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.