Berkshire Hathaway Stock Market Value
| BRK-B Stock | USD 405.08 5.19 1.30% |
| Symbol | Berkshire |
Berkshire Hathaway Price To Book Ratio
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.
| 02/19/2024 |
| 04/19/2024 |
If you would invest 0.00 in Berkshire Hathaway on February 19, 2024 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 60 days. Berkshire Hathaway is related to or competes with American International, Arch Capital, Sun Life, Hartford Financial, Aegon NV, Axa Equitable, and Old Republic. 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.
| Downside Deviation | 0.7601 | |||
| Information Ratio | 0.1154 | |||
| Maximum Drawdown | 3.38 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 1.2 |
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.| Risk Adjusted Performance | 0.1282 | |||
| Jensen Alpha | 0.1007 | |||
| Total Risk Alpha | 0.0745 | |||
| Sortino Ratio | 0.1172 | |||
| Treynor Ratio | 0.1843 |
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.
Berkshire Hathaway Backtested Returns
We consider Berkshire Hathaway very steady. Berkshire Hathaway secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Berkshire Hathaway, which you can use to evaluate the volatility of the firm. Please confirm Berkshire Hathaway's Mean Deviation of 0.6522, downside deviation of 0.7601, and Risk Adjusted Performance of 0.1282 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. Berkshire Hathaway has a performance score of 13 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.8, 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. Berkshire Hathaway right now shows a risk of 0.77%. Please confirm Berkshire Hathaway jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Berkshire Hathaway will be following its price patterns.
Auto-correlation | -0.25 |
Weak reverse predictability
Berkshire Hathaway has weak reverse predictability. Overlapping area represents the amount of predictability between Berkshire Hathaway time series from 19th of February 2024 to 20th of March 2024 and 20th of March 2024 to 19th 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 Berkshire Hathaway price movement. The serial correlation of -0.25 indicates that over 25.0% of current Berkshire Hathaway price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 56.0 |
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
| 0.8 | ESGR | Enstar Group Limited | PairCorr |
| 0.69 | FIHL | Fidelis Insurance Report 28th of June 2024 | PairCorr |
| 0.76 | AIG | American International Financial Report 2nd of May 2024 | PairCorr |
| 0.75 | EQH | Axa Equitable Holdings Financial Report 1st of May 2024 | PairCorr |
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.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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Stocks Directory Find actively traded stocks across global markets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |
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.