Brookstone Active Etf Market Value
BAMA Etf | 30.98 0.02 0.06% |
Symbol | Brookstone |
The market value of Brookstone Active ETF is measured differently than its book value, which is the value of Brookstone that is recorded on the company's balance sheet. Investors also form their own opinion of Brookstone Active's value that differs from its market value or its book value, called intrinsic value, which is Brookstone Active'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 Brookstone Active's market value can be influenced by many factors that don't directly affect Brookstone Active'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 Brookstone Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookstone Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookstone Active'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.
Brookstone Active '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 Brookstone Active's etf 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 Brookstone Active.
01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Brookstone Active on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Brookstone Active ETF or generate 0.0% return on investment in Brookstone Active over 30 days. Brookstone Active is related to or competes with Ocean Park, IShares Trust, Day HaganNed, Brookstone Opportunities, FT Vest, Zillow Group, and Northern Lights. Brookstone Active is entity of United States More
Brookstone Active 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 Brookstone Active's etf 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 Brookstone Active ETF upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.6312 | |||
Information Ratio | 0.0189 | |||
Maximum Drawdown | 2.56 | |||
Value At Risk | (0.93) | |||
Potential Upside | 0.6547 |
Brookstone Active Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brookstone Active's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brookstone Active's standard deviation. In reality, there are many statistical measures that can use Brookstone Active historical prices to predict the future Brookstone Active's volatility.Risk Adjusted Performance | 0.0151 | |||
Jensen Alpha | 0.0062 | |||
Total Risk Alpha | 0.0084 | |||
Sortino Ratio | 0.0161 | |||
Treynor Ratio | 0.0094 |
Brookstone Active ETF Backtested Returns
Brookstone Active ETF secures Sharpe Ratio (or Efficiency) of -0.0236, which signifies that the etf had a -0.0236 % return per unit of risk over the last 3 months. Brookstone Active ETF exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brookstone Active's Downside Deviation of 0.6312, risk adjusted performance of 0.0151, and Mean Deviation of 0.4034 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Brookstone Active's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brookstone Active is expected to be smaller as well.
Auto-correlation | -0.31 |
Poor reverse predictability
Brookstone Active ETF has poor reverse predictability. Overlapping area represents the amount of predictability between Brookstone Active time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Brookstone Active ETF price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Brookstone Active price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.31 | |
Spearman Rank Test | 0.33 | |
Residual Average | 0.0 | |
Price Variance | 0.05 |
Brookstone Active ETF lagged returns against current returns
Autocorrelation, which is Brookstone Active etf'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 Brookstone Active's etf expected returns. We can calculate the autocorrelation of Brookstone Active returns to help us make a trade decision. For example, suppose you find that Brookstone Active has exhibited high autocorrelation historically, and you observe that the etf 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 |
Brookstone Active 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 Brookstone Active etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brookstone Active etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brookstone Active etf over time.
Current vs Lagged Prices |
Timeline |
Brookstone Active Lagged Returns
When evaluating Brookstone Active's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brookstone Active etf have on its future price. Brookstone Active 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, Brookstone Active autocorrelation shows the relationship between Brookstone Active etf current value and its past values and can show if there is a momentum factor associated with investing in Brookstone Active ETF.
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.When determining whether Brookstone Active ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brookstone Active's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brookstone Active Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Brookstone Active Etf:Check out Brookstone Active Correlation, Brookstone Active Volatility and Brookstone Active Alpha and Beta module to complement your research on Brookstone Active. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Brookstone Active technical etf 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, etf market cycles, or different charting patterns.