BROOKDALE (Germany) Market Value
| B7S Stock | EUR 5.25 0.10 1.94% |
| Symbol | BROOKDALE |
BROOKDALE '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 BROOKDALE'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 BROOKDALE.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in BROOKDALE on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding BROOKDALE SR LIVING or generate 0.0% return on investment in BROOKDALE over 30 days. BROOKDALE is related to or competes with FARO Technologies, DELTA AIR, Altair Engineering, Digilife Technologies, Global Ship, Playtech Plc, and PKSHA TECHNOLOGY. More
BROOKDALE 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 BROOKDALE'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 BROOKDALE SR LIVING upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 22.67 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 3.57 |
BROOKDALE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BROOKDALE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BROOKDALE's standard deviation. In reality, there are many statistical measures that can use BROOKDALE historical prices to predict the future BROOKDALE's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | (0.14) |
BROOKDALE SR LIVING Backtested Returns
BROOKDALE SR LIVING secures Sharpe Ratio (or Efficiency) of -0.0529, which signifies that the company had a -0.0529% return per unit of risk over the last 3 months. BROOKDALE SR LIVING exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BROOKDALE's mean deviation of 2.01, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.73, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BROOKDALE will likely underperform. At this point, BROOKDALE SR LIVING has a negative expected return of -0.15%. Please make sure to confirm BROOKDALE's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if BROOKDALE SR LIVING performance from the past will be repeated at future time.
Auto-correlation | -0.11 |
Insignificant reverse predictability
BROOKDALE SR LIVING has insignificant reverse predictability. Overlapping area represents the amount of predictability between BROOKDALE time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 BROOKDALE SR LIVING price movement. The serial correlation of -0.11 indicates that less than 11.0% of current BROOKDALE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BROOKDALE SR LIVING lagged returns against current returns
Autocorrelation, which is BROOKDALE 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 BROOKDALE's stock expected returns. We can calculate the autocorrelation of BROOKDALE returns to help us make a trade decision. For example, suppose you find that BROOKDALE 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 |
| Timeline |
BROOKDALE 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 BROOKDALE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BROOKDALE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BROOKDALE stock over time.
Current vs Lagged Prices |
| Timeline |
BROOKDALE Lagged Returns
When evaluating BROOKDALE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BROOKDALE stock have on its future price. BROOKDALE 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, BROOKDALE autocorrelation shows the relationship between BROOKDALE stock current value and its past values and can show if there is a momentum factor associated with investing in BROOKDALE SR LIVING.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in BROOKDALE Stock
BROOKDALE financial ratios help investors to determine whether BROOKDALE 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 BROOKDALE with respect to the benefits of owning BROOKDALE security.