Brookfield Business Partners Stock Market Value

BBU Stock  USD 19.29  0.28  1.47%   
Brookfield Business' market value is the price at which a share of Brookfield Business trades on a public exchange. It measures the collective expectations of Brookfield Business Partners investors about its performance. Brookfield Business is selling for under 19.29 as of the 15th of June 2024; that is 1.47% increase since the beginning of the trading day. The stock's last reported lowest price was 18.78.
With this module, you can estimate the performance of a buy and hold strategy of Brookfield Business Partners and determine expected loss or profit from investing in Brookfield Business over a given investment horizon. Check out Brookfield Business Correlation, Brookfield Business Volatility and Brookfield Business Alpha and Beta module to complement your research on Brookfield Business.
Symbol

Brookfield Business Price To Book Ratio

Is Construction & Engineering space 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 Business. 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 Business 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
(0.32)
Dividend Share
0.25
Earnings Share
6.38
Revenue Per Share
245.803
Quarterly Revenue Growth
(0.13)
The market value of Brookfield Business 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 Business' value that differs from its market value or its book value, called intrinsic value, which is Brookfield Business' 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 Business' market value can be influenced by many factors that don't directly affect Brookfield Business' 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 Business' value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Business is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Business' 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 Business '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 Business' 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 Business.
0.00
06/21/2023
No Change 0.00  0.0 
In 11 months and 27 days
06/15/2024
0.00
If you would invest  0.00  in Brookfield Business on June 21, 2023 and sell it all today you would earn a total of 0.00 from holding Brookfield Business Partners or generate 0.0% return on investment in Brookfield Business over 360 days. Brookfield Business is related to or competes with Canadian Solar, Maxeon Solar, SunPower, SolarEdge Technologies, Sunnova Energy, Sunrun, and First Solar. Brookfield Business Partners L.P. is a private equity firm specializes in acquisition More

Brookfield Business 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 Business' 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 Business Partners upside and downside potential and time the market with a certain degree of confidence.

Brookfield Business Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Brookfield Business' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brookfield Business' standard deviation. In reality, there are many statistical measures that can use Brookfield Business historical prices to predict the future Brookfield Business' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Brookfield Business' 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
17.3518.9620.57
Details
Intrinsic
Valuation
LowRealHigh
17.1123.1024.71
Details
Naive
Forecast
LowNextHigh
18.3619.9621.57
Details
7 Analysts
Consensus
LowTargetHigh
24.2126.6029.53
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Brookfield Business. Your research has to be compared to or analyzed against Brookfield Business' peers to derive any actionable benefits. When done correctly, Brookfield Business' 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 Brookfield Business.

Brookfield Business Backtested Returns

Brookfield Business secures Sharpe Ratio (or Efficiency) of -0.0667, which signifies that the company had a -0.0667% return per unit of risk over the last 3 months. Brookfield Business Partners exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brookfield Business' Mean Deviation of 1.16, standard deviation of 1.6, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.51, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Brookfield Business will likely underperform. At this point, Brookfield Business has a negative expected return of -0.11%. Please make sure to confirm Brookfield Business' information ratio, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to decide if Brookfield Business performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.12  

Insignificant predictability

Brookfield Business Partners has insignificant predictability. Overlapping area represents the amount of predictability between Brookfield Business time series from 21st of June 2023 to 18th of December 2023 and 18th of December 2023 to 15th of June 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 Business price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Brookfield Business price fluctuation can be explain by its past prices.
Correlation Coefficient0.12
Spearman Rank Test0.15
Residual Average0.0
Price Variance1.86

Brookfield Business lagged returns against current returns

Autocorrelation, which is Brookfield Business 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 Business' stock expected returns. We can calculate the autocorrelation of Brookfield Business returns to help us make a trade decision. For example, suppose you find that Brookfield Business 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 Business 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 Business stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brookfield Business stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brookfield Business stock over time.
   Current vs Lagged Prices   
       Timeline  

Brookfield Business Lagged Returns

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

Pair Trading with Brookfield Business

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

Moving together with Brookfield Stock

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Moving against Brookfield Stock

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  0.48VMI Valmont IndustriesPairCorr
The ability to find closely correlated positions to Brookfield Business 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 Business 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 Business - 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 Business Partners to buy it.
The correlation of Brookfield Business 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 Business moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Business 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 Business 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

Additional Tools for Brookfield Stock Analysis

When running Brookfield Business' price analysis, check to measure Brookfield Business' 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 Business is operating at the current time. Most of Brookfield Business' value examination focuses on studying past and present price action to predict the probability of Brookfield Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Business' price. Additionally, you may evaluate how the addition of Brookfield Business to your portfolios can decrease your overall portfolio volatility.