Brookfield Asset Management Stock Price on December 11, 2023
| BAM Stock | USD 57.78 1.29 2.18% |
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 57.78, as last reported on the 12th of December 2024, with the highest price reaching 59.25 and the lowest price hitting 57.64 during the day. Brookfield Asset appears to be very steady, given 3 months investment horizon. Brookfield Asset Man secures Sharpe Ratio (or Efficiency) of 0.3, which signifies that the company had a 0.3% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Brookfield Asset Management, which you can use to evaluate the volatility of the firm. Please makes use of Brookfield Asset's Mean Deviation of 1.02, downside deviation of 1.02, and Risk Adjusted Performance of 0.2238 to double-check if our risk estimates are consistent with your expectations.
Brookfield Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Brookfield |
Sharpe Ratio = 0.3016
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Estimated Market Risk
| 1.38 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average Brookfield Asset is performing at about 23% 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.
Brookfield Asset Valuation on December 11, 2023
It is possible to determine the worth of Brookfield Asset on a given historical date. On December 11, 2023 Brookfield was worth 34.67 at the beginning of the trading date compared to the closed value of 34.74. 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 | |
| 34.76 | 35.05 | 34.44 | 34.67 | 1,305,127 | |
12/11/2023 | 34.67 | 34.83 | 34.43 | 34.74 | 624,210 |
| 34.74 | 34.99 | 34.66 | 34.92 | 1,178,243 |
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Brookfield Asset Trading Date Momentum on December 11, 2023
| On December 12 2023 Brookfield Asset Management was traded for 34.92 at the closing time. Highest Brookfield Asset's price during the trading hours was 34.99 and the lowest price during the day was 34.66 . The net volume was 1.2 M. The overall trading history on the 12th of December 2023 contributed to the next trading period price boost. The overall trading delta to the next next day price was 0.52% . The overall trading delta to current price is 9.04% . |
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
Brookfield Asset Management is an alternative asset manager and REITReal Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. Brookfield Asset Management Inc. was founded in 1997 and based in Toronto, Canada with additional offices across Northern America South America Europe Middle East and Asia. Brookfield Asset operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 180000 people.
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 | December 12, 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 December 12, 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 | 0.2238 | |||
| Jensen Alpha | 0.3196 | |||
| Total Risk Alpha | 0.2129 | |||
| Sortino Ratio | 0.2981 | |||
| Treynor Ratio | 0.4763 |
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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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.
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.