Berkshire Hathaway Stock Market Value

BRK-B Stock  USD 416.93  5.36  1.30%   
Berkshire Hathaway's market value is the price at which a share of Berkshire Hathaway trades on a public exchange. It measures the collective expectations of Berkshire Hathaway investors about its performance. Berkshire Hathaway is trading at 416.93 as of the 28th of March 2024, a 1.30% increase since the beginning of the trading day. The stock's open price was 411.57.
With this module, you can estimate the performance of a buy and hold strategy of Berkshire Hathaway and determine expected loss or profit from investing in Berkshire Hathaway over a given investment horizon. Check out Berkshire Hathaway Correlation, Berkshire Hathaway Volatility and Berkshire Hathaway Alpha and Beta module to complement your research on Berkshire Hathaway.
Symbol

Berkshire Hathaway Price To Book Ratio

Please note, there is a significant difference between Berkshire Hathaway's value and its price as these two are different measures arrived at by different means. Investors typically determine if Berkshire Hathaway is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berkshire Hathaway'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.

Berkshire Hathaway '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 Berkshire Hathaway'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 Berkshire Hathaway.
0.00
01/03/2023
No Change 0.00  0.0 
In 1 year 2 months and 27 days
03/28/2024
0.00
If you would invest  0.00  in Berkshire Hathaway on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding Berkshire Hathaway or generate 0.0% return on investment in Berkshire Hathaway over 450 days. Berkshire Hathaway is related to or competes with Athene Holding, Athene Holding, Athene Holding, Athene Holding, Athene Holding, Enstar Group, and Fidelis Insurance. Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility bu... More

Berkshire Hathaway 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 Berkshire Hathaway'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 Berkshire Hathaway upside and downside potential and time the market with a certain degree of confidence.

Berkshire Hathaway Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Berkshire Hathaway's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Berkshire Hathaway's standard deviation. In reality, there are many statistical measures that can use Berkshire Hathaway historical prices to predict the future Berkshire Hathaway's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Berkshire Hathaway'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.
Hype
Prediction
LowEstimatedHigh
416.17416.93417.69
Details
Intrinsic
Valuation
LowRealHigh
401.18401.94458.62
Details
Naive
Forecast
LowNextHigh
421.64422.40423.17
Details
3 Analysts
Consensus
LowTargetHigh
355.30390.44433.39
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Berkshire Hathaway. Your research has to be compared to or analyzed against Berkshire Hathaway's peers to derive any actionable benefits. When done correctly, Berkshire Hathaway's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Berkshire Hathaway.

Berkshire Hathaway Backtested Returns

Berkshire Hathaway appears to be very steady, given 3 months investment horizon. Berkshire Hathaway secures Sharpe Ratio (or Efficiency) of 0.33, which signifies that the company had a 0.33% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Berkshire Hathaway, which you can use to evaluate the volatility of the firm. Please makes use of Berkshire Hathaway's Downside Deviation of 0.7445, risk adjusted performance of 0.1823, and Mean Deviation of 0.6138 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Berkshire Hathaway holds a performance score of 25. The firm shows a Beta (market volatility) of 0.66, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Berkshire Hathaway's returns are expected to increase less than the market. However, during the bear market, the loss of holding Berkshire Hathaway is expected to be smaller as well. Please check Berkshire Hathaway's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Berkshire Hathaway's price patterns will revert.

Auto-correlation

    
  0.90  

Excellent predictability

Berkshire Hathaway has excellent predictability. Overlapping area represents the amount of predictability between Berkshire Hathaway time series from 3rd of January 2023 to 16th of August 2023 and 16th of August 2023 to 28th of March 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 Berkshire Hathaway price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Berkshire Hathaway price fluctuation can be explain by its past prices.
Correlation Coefficient0.9
Spearman Rank Test0.68
Residual Average0.0
Price Variance533.38

Berkshire Hathaway lagged returns against current returns

Autocorrelation, which is Berkshire Hathaway 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 Berkshire Hathaway's stock expected returns. We can calculate the autocorrelation of Berkshire Hathaway returns to help us make a trade decision. For example, suppose you find that Berkshire Hathaway 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  

Berkshire Hathaway 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 Berkshire Hathaway stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Berkshire Hathaway stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Berkshire Hathaway stock over time.
   Current vs Lagged Prices   
       Timeline  

Berkshire Hathaway Lagged Returns

When evaluating Berkshire Hathaway's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Berkshire Hathaway stock have on its future price. Berkshire Hathaway 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, Berkshire Hathaway autocorrelation shows the relationship between Berkshire Hathaway stock current value and its past values and can show if there is a momentum factor associated with investing in Berkshire Hathaway.
   Regressed Prices   
       Timeline  

Pair Trading with Berkshire Hathaway

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 Berkshire Hathaway 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 Berkshire Hathaway will appreciate offsetting losses from the drop in the long position's value.

Moving together with Berkshire Stock

  0.85ATH-PD Athene HoldingPairCorr
  0.71ATH-PB Athene HoldingPairCorr
  0.67ATH-PC Athene HoldingPairCorr

Moving against Berkshire Stock

  0.42FGF FG Financial GroupPairCorr
The ability to find closely correlated positions to Berkshire Hathaway could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Berkshire Hathaway 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 Berkshire Hathaway - 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 Berkshire Hathaway to buy it.
The correlation of Berkshire Hathaway 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 Berkshire Hathaway moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Berkshire Hathaway 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 Berkshire Hathaway 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
Check out Berkshire Hathaway Correlation, Berkshire Hathaway Volatility and Berkshire Hathaway Alpha and Beta module to complement your research on Berkshire Hathaway.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for Berkshire Stock analysis

When running Berkshire Hathaway's price analysis, check to measure Berkshire Hathaway'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 Berkshire Hathaway is operating at the current time. Most of Berkshire Hathaway's value examination focuses on studying past and present price action to predict the probability of Berkshire Hathaway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berkshire Hathaway's price. Additionally, you may evaluate how the addition of Berkshire Hathaway to your portfolios can decrease your overall portfolio volatility.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Bonds Directory
Find actively traded corporate debentures issued by US companies
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Berkshire Hathaway 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 Berkshire Hathaway technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Berkshire Hathaway 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...