Brookdale Senior Living Stock Market Value
| BKD Stock | USD 6.93 0.33 5.00% |
| Symbol | Brookdale |
Brookdale Senior Living Price To Book Ratio
Is Brookdale Senior'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 Brookdale Senior. If investors know Brookdale 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 Brookdale Senior listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.84) | Revenue Per Share 12.732 | Quarterly Revenue Growth 0.089 | Return On Assets 0.0029 | Return On Equity (0.38) |
The market value of Brookdale Senior Living is measured differently than its book value, which is the value of Brookdale that is recorded on the company's balance sheet. Investors also form their own opinion of Brookdale Senior's value that differs from its market value or its book value, called intrinsic value, which is Brookdale Senior'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 Brookdale Senior's market value can be influenced by many factors that don't directly affect Brookdale Senior'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 Brookdale Senior's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookdale Senior is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookdale Senior'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.
Brookdale Senior '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 Brookdale Senior'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 Brookdale Senior.
| 02/24/2024 |
| 04/24/2024 |
If you would invest 0.00 in Brookdale Senior on February 24, 2024 and sell it all today you would earn a total of 0.00 from holding Brookdale Senior Living or generate 0.0% return on investment in Brookdale Senior over 60 days. Brookdale Senior is related to or competes with Select Medical, Encompass Health, Acadia Healthcare, Surgery Partners, Ensign, and Healthcare Services. Brookdale Senior Living Inc. owns, manages, and operates senior living communities in the United States More
Brookdale Senior 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 Brookdale Senior'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 Brookdale Senior Living upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.01 | |||
| Information Ratio | 0.0488 | |||
| Maximum Drawdown | 19.24 | |||
| Value At Risk | (3.55) | |||
| Potential Upside | 5.03 |
Brookdale Senior Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brookdale Senior's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brookdale Senior's standard deviation. In reality, there are many statistical measures that can use Brookdale Senior historical prices to predict the future Brookdale Senior's volatility.| Risk Adjusted Performance | 0.0571 | |||
| Jensen Alpha | 0.215 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0518 | |||
| Treynor Ratio | 0.7879 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Brookdale Senior'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.
Brookdale Senior Living Backtested Returns
Brookdale Senior appears to be slightly risky, given 3 months investment horizon. Brookdale Senior Living secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Brookdale Senior Living, which you can use to evaluate the volatility of the firm. Please makes use of Brookdale Senior's Downside Deviation of 3.01, risk adjusted performance of 0.0571, and Mean Deviation of 2.38 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Brookdale Senior holds a performance score of 8. The firm shows a Beta (market volatility) of 0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Brookdale Senior's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brookdale Senior is expected to be smaller as well. Please check Brookdale Senior's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Brookdale Senior's price patterns will revert.
Auto-correlation | -0.28 |
Weak reverse predictability
Brookdale Senior Living has weak reverse predictability. Overlapping area represents the amount of predictability between Brookdale Senior time series from 24th of February 2024 to 25th of March 2024 and 25th of March 2024 to 24th 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 Brookdale Senior Living price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Brookdale Senior price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Brookdale Senior Living lagged returns against current returns
Autocorrelation, which is Brookdale Senior 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 Brookdale Senior's stock expected returns. We can calculate the autocorrelation of Brookdale Senior returns to help us make a trade decision. For example, suppose you find that Brookdale Senior 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 |
Brookdale Senior 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 Brookdale Senior stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brookdale Senior stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brookdale Senior stock over time.
Current vs Lagged Prices |
| Timeline |
Brookdale Senior Lagged Returns
When evaluating Brookdale Senior's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brookdale Senior stock have on its future price. Brookdale Senior 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, Brookdale Senior autocorrelation shows the relationship between Brookdale Senior stock current value and its past values and can show if there is a momentum factor associated with investing in Brookdale Senior Living.
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 Brookdale Senior 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, Brookdale Senior's short interest history, or implied volatility extrapolated from Brookdale Senior options trading.
Pair Trading with Brookdale Senior
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 Brookdale Senior 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 Brookdale Senior will appreciate offsetting losses from the drop in the long position's value.Moving against Brookdale Stock
| 0.75 | MCD | McDonalds Earnings Call This Week | PairCorr |
| 0.62 | JNJ | Johnson Johnson Aggressive Push | PairCorr |
The ability to find closely correlated positions to Brookdale Senior could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookdale Senior 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 Brookdale Senior - 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 Brookdale Senior Living to buy it.
The correlation of Brookdale Senior 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 Brookdale Senior moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookdale Senior Living 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 Brookdale Senior 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 Brookdale Senior Correlation, Brookdale Senior Volatility and Brookdale Senior Alpha and Beta module to complement your research on Brookdale Senior. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Brookdale Stock analysis
When running Brookdale Senior's price analysis, check to measure Brookdale Senior'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 Brookdale Senior is operating at the current time. Most of Brookdale Senior's value examination focuses on studying past and present price action to predict the probability of Brookdale Senior's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookdale Senior's price. Additionally, you may evaluate how the addition of Brookdale Senior to your portfolios can decrease your overall portfolio volatility.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device |
Brookdale Senior 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.