Brown Forman Stock Price on October 2, 2023
BF-A Stock | USD 40.15 0.39 0.98% |
If you're considering investing in Brown Stock, it is important to understand the factors that can impact its price. As of today, the current price of Brown Forman stands at 40.15, as last reported on the 22nd of November, with the highest price reaching 40.36 and the lowest price hitting 39.73 during the day. Brown Forman secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Brown Forman exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brown Forman's Mean Deviation of 1.11, risk adjusted performance of (0.09), and Standard Deviation of 1.52 to double-check the risk estimate we provide.
Brown Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Brown |
Sharpe Ratio = -0.1238
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Estimated Market Risk
1.52 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Brown Forman is not performing at its full potential. However, 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 Brown Forman by adding Brown Forman to a well-diversified portfolio.
Brown Forman Main Headline on 2nd of October 2023
Brown Forman dividend paid on 2nd of October 2023 |
Brown Forman Valuation on October 2, 2023
It is possible to determine the worth of Brown Forman on a given historical date. On October 2, 2023 Brown was worth 57.15 at the beginning of the trading date compared to the closed value of 56.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Brown Forman stock. Still, in general, we apply an absolute valuation method to find Brown Forman'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 Brown Forman where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Brown Forman's related companies.
Open | High | Low | Close | Volume | |
57.11 | 57.77 | 56.98 | 57.11 | 60,224 | |
10/02/2023 | 57.15 | 57.66 | 56.30 | 56.55 | 78,339 |
56.90 | 57.73 | 56.90 | 57.45 | 68,308 |
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Brown Forman Trading Date Momentum on October 2, 2023
On October 03 2023 Brown Forman was traded for 57.45 at the closing time. The top price for the day was 57.73 and the lowest listed price was 56.90 . The trading volume for the day was 68.3 K. The trading history from October 3, 2023 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 1.59% . The overall trading delta against the current closing price is 1.22% . |
Brown Forman Fundamentals Correlations and Trends
By evaluating Brown Forman'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 Brown Forman's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Brown financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Brown Forman Stock history
Brown Forman 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 Brown is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Brown Forman 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 Brown Forman stock prices may prove useful in developing a viable investing in Brown Forman
Brown-Forman Corporation manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages worldwide. Brown-Forman Corporation was founded in 1870 and is headquartered in Louisville, Kentucky. Brown Forman operates under Beverages - Wineries Distilleries classification in USA and is traded on New York Stock Exchange. It employs 4700 people.
Brown Forman Stock Technical Analysis
Brown Forman 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
Brown Forman Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Brown Forman 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.
Brown Forman November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Brown Forman stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Brown Forman shares will generate the highest return on investment. By undertsting and applying Brown Forman stock market strength indicators, traders can identify Brown Forman entry and exit signals to maximize returns
Brown Forman Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Brown Forman's price direction in advance. Along with the technical and fundamental analysis of Brown Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Brown 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 | (0.09) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.40) | |||
Treynor Ratio | 0.9846 |
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Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Complementary Tools for Brown Stock analysis
When running Brown Forman's price analysis, check to measure Brown Forman'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 Brown Forman is operating at the current time. Most of Brown Forman's value examination focuses on studying past and present price action to predict the probability of Brown Forman's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brown Forman's price. Additionally, you may evaluate how the addition of Brown Forman to your portfolios can decrease your overall portfolio volatility.
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