Brightspire Capital Stock Forecast - Risk Adjusted Performance
| BRSP Stock | USD 6.18 0.03 0.49% |
Brightspire Stock Forecast is based on your current time horizon. Although Brightspire Capital's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Brightspire Capital's systematic risk associated with finding meaningful patterns of Brightspire Capital fundamentals over time.
Brightspire |
| Check Brightspire Capital Volatility | Backtest Brightspire Capital | Information Ratio |
Brightspire Capital Trading Date Momentum
| On November 22 2024 Brightspire Capital was traded for 6.18 at the closing time. The top price for the day was 6.25 and the lowest listed price was 6.16 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.16% . |
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Other Forecasting Options for Brightspire Capital
For every potential investor in Brightspire, whether a beginner or expert, Brightspire Capital's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Brightspire Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Brightspire. Basic forecasting techniques help filter out the noise by identifying Brightspire Capital's price trends.Brightspire Capital Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Brightspire Capital stock to make a market-neutral strategy. Peer analysis of Brightspire Capital could also be used in its relative valuation, which is a method of valuing Brightspire Capital by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Brightspire Capital Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Brightspire Capital's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Brightspire Capital's current price.| Cycle Indicators | ||
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Brightspire Capital Market Strength Events
Market strength indicators help investors to evaluate how Brightspire Capital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Brightspire Capital shares will generate the highest return on investment. By undertsting and applying Brightspire Capital stock market strength indicators, traders can identify Brightspire Capital entry and exit signals to maximize returns.
Brightspire Capital Risk Indicators
The analysis of Brightspire Capital's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Brightspire Capital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting brightspire stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.42 | |||
| Semi Deviation | 1.43 | |||
| Standard Deviation | 2.79 | |||
| Variance | 7.77 | |||
| Downside Variance | 2.95 | |||
| Semi Variance | 2.05 | |||
| Expected Short fall | (1.62) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Brightspire Capital
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 Brightspire Capital 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 Brightspire Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Brightspire Stock
Moving against Brightspire Stock
| 0.81 | O | Realty Income | PairCorr |
| 0.7 | ADC-PA | Agree Realty | PairCorr |
| 0.66 | CKX | CKX Lands | PairCorr |
| 0.57 | BHM | Bluerock Homes Trust | PairCorr |
| 0.53 | VICI | VICI Properties | PairCorr |
The ability to find closely correlated positions to Brightspire Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brightspire Capital 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 Brightspire Capital - 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 Brightspire Capital to buy it.
The correlation of Brightspire Capital 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 Brightspire Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brightspire Capital 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 Brightspire Capital 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.Additional Tools for Brightspire Stock Analysis
When running Brightspire Capital's price analysis, check to measure Brightspire Capital'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 Brightspire Capital is operating at the current time. Most of Brightspire Capital's value examination focuses on studying past and present price action to predict the probability of Brightspire Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brightspire Capital's price. Additionally, you may evaluate how the addition of Brightspire Capital to your portfolios can decrease your overall portfolio volatility.