Brookfield Infrastructure Partners Preferred Stock Market Value

BIP-PB Preferred Stock  CAD 23.70  0.05  0.21%   
Brookfield Infrastructure's market value is the price at which a share of Brookfield Infrastructure trades on a public exchange. It measures the collective expectations of Brookfield Infrastructure Partners investors about its performance. Brookfield Infrastructure is trading at 23.70 as of the 21st of April 2024, a -0.21% down since the beginning of the trading day. The preferred stock's open price was 23.75.
With this module, you can estimate the performance of a buy and hold strategy of Brookfield Infrastructure Partners and determine expected loss or profit from investing in Brookfield Infrastructure over a given investment horizon. Check out Brookfield Infrastructure Correlation, Brookfield Infrastructure Volatility and Brookfield Infrastructure Alpha and Beta module to complement your research on Brookfield Infrastructure.
Symbol

Please note, there is a significant difference between Brookfield Infrastructure's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Infrastructure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Infrastructure'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 Infrastructure '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 Infrastructure's preferred 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 Infrastructure.
0.00
05/02/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
04/21/2024
0.00
If you would invest  0.00  in Brookfield Infrastructure on May 2, 2022 and sell it all today you would earn a total of 0.00 from holding Brookfield Infrastructure Partners or generate 0.0% return on investment in Brookfield Infrastructure over 720 days. Brookfield Infrastructure is related to or competes with Brookfield, CHEVRON CDR, Apple, Amazon CDR, and Walmart. Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, energy, and data infrastructure business... More

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

Brookfield Infrastructure Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Brookfield Infrastructure's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brookfield Infrastructure's standard deviation. In reality, there are many statistical measures that can use Brookfield Infrastructure historical prices to predict the future Brookfield Infrastructure's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Brookfield Infrastructure'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
23.0023.7024.40
Details
Intrinsic
Valuation
LowRealHigh
22.6023.3024.00
Details
Naive
Forecast
LowNextHigh
22.4823.1923.89
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23.6223.6923.76
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Brookfield Infrastructure. Your research has to be compared to or analyzed against Brookfield Infrastructure's peers to derive any actionable benefits. When done correctly, Brookfield Infrastructure'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 Brookfield Infrastructure.

Brookfield Infrastructure Backtested Returns

We consider Brookfield Infrastructure very steady. Brookfield Infrastructure secures Sharpe Ratio (or Efficiency) of 0.0194, which signifies that the company had a 0.0194% return per unit of risk over the last 3 months. We have found thirty technical indicators for Brookfield Infrastructure Partners, which you can use to evaluate the volatility of the firm. Please confirm Brookfield Infrastructure's Downside Deviation of 0.7609, mean deviation of 0.6405, and Risk Adjusted Performance of 0.0475 to double-check if the risk estimate we provide is consistent with the expected return of 0.0137%. Brookfield Infrastructure has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Brookfield Infrastructure's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brookfield Infrastructure is expected to be smaller as well. Brookfield Infrastructure right now shows a risk of 0.7%. Please confirm Brookfield Infrastructure total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Brookfield Infrastructure will be following its price patterns.

Auto-correlation

    
  -0.42  

Modest reverse predictability

Brookfield Infrastructure Partners has modest reverse predictability. Overlapping area represents the amount of predictability between Brookfield Infrastructure time series from 2nd of May 2022 to 27th of April 2023 and 27th of April 2023 to 21st 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 Infrastructure price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Brookfield Infrastructure price fluctuation can be explain by its past prices.
Correlation Coefficient-0.42
Spearman Rank Test-0.51
Residual Average0.0
Price Variance1.37

Brookfield Infrastructure lagged returns against current returns

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

Brookfield Infrastructure Lagged Returns

When evaluating Brookfield Infrastructure's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brookfield Infrastructure preferred stock have on its future price. Brookfield Infrastructure 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 Infrastructure autocorrelation shows the relationship between Brookfield Infrastructure preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Brookfield Infrastructure Partners.
   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 Infrastructure 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 Infrastructure's short interest history, or implied volatility extrapolated from Brookfield Infrastructure options trading.

Pair Trading with Brookfield Infrastructure

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 Infrastructure 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 Infrastructure will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Brookfield Infrastructure 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 Infrastructure 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 Infrastructure - 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 Infrastructure Partners to buy it.
The correlation of Brookfield Infrastructure 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 Infrastructure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Infrastructure 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 Infrastructure 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 Brookfield Infrastructure Correlation, Brookfield Infrastructure Volatility and Brookfield Infrastructure Alpha and Beta module to complement your research on Brookfield Infrastructure.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Brookfield Preferred Stock analysis

When running Brookfield Infrastructure's price analysis, check to measure Brookfield Infrastructure'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 Infrastructure is operating at the current time. Most of Brookfield Infrastructure's value examination focuses on studying past and present price action to predict the probability of Brookfield Infrastructure'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 Infrastructure's price. Additionally, you may evaluate how the addition of Brookfield Infrastructure to your portfolios can decrease your overall portfolio volatility.
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Brookfield Infrastructure technical preferred 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, preferred stock market cycles, or different charting patterns.
A focus of Brookfield Infrastructure technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Brookfield Infrastructure 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...