BROOKFBH 462 (Germany) Market Value
| 7D8 Stock | EUR 14.95 0.27 1.77% |
| Symbol | BROOKFBH |
Please note, there is a significant difference between BROOKFBH 462's value and its price as these two are different measures arrived at by different means. Investors typically determine if BROOKFBH 462 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BROOKFBH 462'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.
BROOKFBH 462 '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 BROOKFBH 462'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 BROOKFBH 462.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in BROOKFBH 462 on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding BROOKFBH 462 PRSNU or generate 0.0% return on investment in BROOKFBH 462 over 180 days. BROOKFBH 462 is related to or competes with Suntory Beverage, China Resources, Thai Beverage, SIDETRADE, SALESFORCE INC, SCANSOURCE (SC3SG), and Vastned Retail. More
BROOKFBH 462 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 BROOKFBH 462'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 BROOKFBH 462 PRSNU upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.2 | |||
| Information Ratio | 0.0018 | |||
| Maximum Drawdown | 15.6 | |||
| Value At Risk | (5.54) | |||
| Potential Upside | 6.64 |
BROOKFBH 462 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BROOKFBH 462's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BROOKFBH 462's standard deviation. In reality, there are many statistical measures that can use BROOKFBH 462 historical prices to predict the future BROOKFBH 462's volatility.| Risk Adjusted Performance | 0.0427 | |||
| Jensen Alpha | 0.2348 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | 0.0017 | |||
| Treynor Ratio | (0.14) |
BROOKFBH 462 PRSNU Backtested Returns
BROOKFBH 462 appears to be not too volatile, given 3 months investment horizon. BROOKFBH 462 PRSNU secures Sharpe Ratio (or Efficiency) of 0.0947, which signifies that the company had a 0.0947% return per unit of risk over the last 3 months. We have found thirty technical indicators for BROOKFBH 462 PRSNU, which you can use to evaluate the volatility of the firm. Please makes use of BROOKFBH 462's mean deviation of 1.73, and Risk Adjusted Performance of 0.0427 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BROOKFBH 462 holds a performance score of 7. The firm shows a Beta (market volatility) of -0.9, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning BROOKFBH 462 are expected to decrease slowly. On the other hand, during market turmoil, BROOKFBH 462 is expected to outperform it slightly. Please check BROOKFBH 462's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to make a quick decision on whether BROOKFBH 462's price patterns will revert.
Auto-correlation | -0.31 |
Poor reverse predictability
BROOKFBH 462 PRSNU has poor reverse predictability. Overlapping area represents the amount of predictability between BROOKFBH 462 time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd of November 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 BROOKFBH 462 PRSNU price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current BROOKFBH 462 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.63 |
BROOKFBH 462 PRSNU lagged returns against current returns
Autocorrelation, which is BROOKFBH 462 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 BROOKFBH 462's stock expected returns. We can calculate the autocorrelation of BROOKFBH 462 returns to help us make a trade decision. For example, suppose you find that BROOKFBH 462 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 |
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BROOKFBH 462 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 BROOKFBH 462 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BROOKFBH 462 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BROOKFBH 462 stock over time.
Current vs Lagged Prices |
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BROOKFBH 462 Lagged Returns
When evaluating BROOKFBH 462's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BROOKFBH 462 stock have on its future price. BROOKFBH 462 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, BROOKFBH 462 autocorrelation shows the relationship between BROOKFBH 462 stock current value and its past values and can show if there is a momentum factor associated with investing in BROOKFBH 462 PRSNU.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BROOKFBH Stock
BROOKFBH 462 financial ratios help investors to determine whether BROOKFBH Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BROOKFBH with respect to the benefits of owning BROOKFBH 462 security.