Brookfield Asset Management Stock Price on November 7, 2024
| BAM Stock | USD 57.16 0.10 0.17% |
If you're considering investing in Brookfield Stock, it is important to understand the factors that can impact its price. As of today, the current price of Brookfield Asset stands at 57.16, as last reported on the 29th of November, with the highest price reaching 57.57 and the lowest price hitting 56.90 during the day. Brookfield Asset appears to be very steady, given 3 months investment horizon. Brookfield Asset Man secures Sharpe Ratio (or Efficiency) of 0.38, which signifies that the company had a 0.38% return per unit of risk over the last 3 months. By analyzing Brookfield Asset's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please makes use of Brookfield Asset's Mean Deviation of 1.11, downside deviation of 1.02, and Risk Adjusted Performance of 0.2698 to double-check if our risk estimates are consistent with your expectations.
At this time, Brookfield Asset's Common Stock Total Equity is very stable compared to the past year. As of the 29th of November 2024, Preferred Stock Total Equity is likely to grow to about 6.3 B, while Common Stock Shares Outstanding is likely to drop about 379.2 M. . At this time, Brookfield Asset's Price Cash Flow Ratio is very stable compared to the past year. As of the 29th of November 2024, Price Sales Ratio is likely to grow to 43.90, while Price Earnings Ratio is likely to drop 33.88. Brookfield Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Brookfield |
Sharpe Ratio = 0.3844
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Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.38 actual daily | 30 70% of assets perform better |
Based on monthly moving average Brookfield Asset is performing at about 30% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Brookfield Asset by adding it to a well-diversified portfolio.
Price Book 7.4694 | Enterprise Value Ebitda 43.9549 | Price Sales 44.7522 | Shares Float 384.1 M | Dividend Share 1.46 |
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Brookfield Asset Valuation on November 7, 2024
It is possible to determine the worth of Brookfield Asset on a given historical date. On November 7, 2024 Brookfield was worth 56.75 at the beginning of the trading date compared to the closed value of 55.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Brookfield Asset stock. Still, in general, we apply an absolute valuation method to find Brookfield Asset's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Brookfield Asset where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Brookfield Asset's related companies.
| Open | High | Low | Close | Volume | |
| 56.80 | 56.92 | 55.29 | 56.58 | 1,729,246 | |
11/07/2024 | 56.75 | 57.10 | 55.22 | 55.55 | 1,603,295 |
| 55.63 | 56.16 | 55.40 | 56.02 | 730,200 |
| Backtest Brookfield Asset | | | Brookfield Asset History | | | Brookfield Asset Valuation | Previous | Next |
Brookfield Asset Trading Date Momentum on November 7, 2024
| On November 08 2024 Brookfield Asset Management was traded for 56.02 at the closing time. Highest Brookfield Asset's price during the trading hours was 56.16 and the lowest price during the day was 55.40 . The net volume was 730.2 K. The overall trading history on the 8th of November contributed to the next trading period price boost. The overall trading delta to the next next day price was 0.85% . The overall trading delta to current price is 0.68% . |
Brookfield Asset Man Fundamentals Correlations and Trends
By evaluating Brookfield Asset's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Brookfield Asset's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Brookfield financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Brookfield Asset Stock history
Brookfield Asset investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Brookfield is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Brookfield Asset Man will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Brookfield Asset stock prices may prove useful in developing a viable investing in Brookfield Asset
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 399.1 M | 379.2 M | |
| Net Income Applicable To Common Shares | 2.2 B | 1.5 B |
Brookfield Asset Stock Technical Analysis
Brookfield Asset 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.
Price Boundaries
Brookfield Asset Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Brookfield Asset Management cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Brookfield Asset November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Brookfield Asset stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Brookfield Asset shares will generate the highest return on investment. By undertsting and applying Brookfield Asset stock market strength indicators, traders can identify Brookfield Asset Management entry and exit signals to maximize returns
Brookfield Asset Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Brookfield Asset's price direction in advance. Along with the technical and fundamental analysis of Brookfield Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Brookfield to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2698 | |||
| Jensen Alpha | 0.3845 | |||
| Total Risk Alpha | 0.2719 | |||
| Sortino Ratio | 0.3661 | |||
| Treynor Ratio | 0.5394 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Asset Management & Custody Banks 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 Asset. 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 Asset 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 (0.03) | Dividend Share 1.46 | Earnings Share 1.09 | Revenue Per Share 10.449 | Quarterly Revenue Growth 5.406 |
The market value of Brookfield Asset Man 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 Asset's value that differs from its market value or its book value, called intrinsic value, which is Brookfield Asset'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 Brookfield Asset's market value can be influenced by many factors that don't directly affect Brookfield Asset'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 Brookfield Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Asset'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.