Brp Inc Stock Market Value
| DOOO Stock | USD 69.27 0.78 1.11% |
| Symbol | BRP |
BRP Inc Price To Book Ratio
Is BRP'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 BRP. If investors know BRP 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 BRP 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 (0.46) | Dividend Share 0.72 | Earnings Share 6.89 | Revenue Per Share 134.346 | Quarterly Revenue Growth (0.12) |
The market value of BRP Inc is measured differently than its book value, which is the value of BRP that is recorded on the company's balance sheet. Investors also form their own opinion of BRP's value that differs from its market value or its book value, called intrinsic value, which is BRP'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 BRP's market value can be influenced by many factors that don't directly affect BRP'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 BRP's value and its price as these two are different measures arrived at by different means. Investors typically determine if BRP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRP'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.
BRP '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 BRP'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 BRP.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in BRP on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding BRP Inc or generate 0.0% return on investment in BRP over 30 days. BRP is related to or competes with Twin Vee, Marine Products, MCBC Holdings, Malibu Boats, EZGO Technologies, and Brunswick. BRP Inc., together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles... More
BRP 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 BRP'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 BRP Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.18 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 11.09 | |||
| Value At Risk | (3.55) | |||
| Potential Upside | 3.44 |
BRP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BRP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BRP's standard deviation. In reality, there are many statistical measures that can use BRP historical prices to predict the future BRP's volatility.| Risk Adjusted Performance | 0.0199 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0299 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BRP'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.
BRP Inc Backtested Returns
We consider BRP very steady. BRP Inc secures Sharpe Ratio (or Efficiency) of 0.0435, which signifies that the company had a 0.0435% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for BRP Inc, which you can use to evaluate the volatility of the firm. Please confirm BRP's risk adjusted performance of 0.0199, and Mean Deviation of 1.73 to double-check if the risk estimate we provide is consistent with the expected return of 0.0999%. BRP has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.22, 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, BRP will likely underperform. BRP Inc currently shows a risk of 2.3%. Please confirm BRP Inc expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if BRP Inc will be following its price patterns.
Auto-correlation | -0.58 |
Good reverse predictability
BRP Inc has good reverse predictability. Overlapping area represents the amount of predictability between BRP time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 BRP Inc price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current BRP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 2.18 |
BRP Inc lagged returns against current returns
Autocorrelation, which is BRP 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 BRP's stock expected returns. We can calculate the autocorrelation of BRP returns to help us make a trade decision. For example, suppose you find that BRP 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 |
BRP 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 BRP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BRP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BRP stock over time.
Current vs Lagged Prices |
| Timeline |
BRP Lagged Returns
When evaluating BRP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BRP stock have on its future price. BRP 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, BRP autocorrelation shows the relationship between BRP stock current value and its past values and can show if there is a momentum factor associated with investing in BRP Inc.
Regressed Prices |
| Timeline |
BRP Investors Sentiment
The influence of BRP's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in BRP. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to BRP's public news can be used to forecast risks associated with an investment in BRP. The trend in average sentiment can be used to explain how an investor holding BRP can time the market purely based on public headlines and social activities around BRP Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
BRP's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for BRP's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average BRP's news discussions. The higher the estimated score, the more favorable is the investor's outlook on BRP.
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 BRP 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, BRP's short interest history, or implied volatility extrapolated from BRP options trading.
Pair Trading with BRP
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 BRP 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 BRP will appreciate offsetting losses from the drop in the long position's value.Moving against BRP Stock
| 0.6 | LULU | Lululemon Athletica Sell-off Trend | PairCorr |
| 0.56 | HD | Home Depot Financial Report 21st of May 2024 | PairCorr |
| 0.47 | NKE | Nike Inc Financial Report 4th of July 2024 | PairCorr |
| 0.46 | SKX | Skechers USA Earnings Call Today | PairCorr |
The ability to find closely correlated positions to BRP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BRP 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 BRP - 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 BRP Inc to buy it.
The correlation of BRP 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 BRP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BRP Inc 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 BRP 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 BRP Correlation, BRP Volatility and BRP Alpha and Beta module to complement your research on BRP. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for BRP Stock analysis
When running BRP's price analysis, check to measure BRP'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 BRP is operating at the current time. Most of BRP's value examination focuses on studying past and present price action to predict the probability of BRP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BRP's price. Additionally, you may evaluate how the addition of BRP to your portfolios can decrease your overall portfolio volatility.
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BRP 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.