Brookfield Offi Pro Preferred Stock Market Value
| BPO-PN Preferred Stock | CAD 14.37 0.11 0.77% |
| Symbol | Brookfield |
Brookfield Offi '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 Brookfield Offi's preferred 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 Brookfield Offi.
| 12/11/2024 |
| 01/10/2025 |
If you would invest 0.00 in Brookfield Offi on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding Brookfield Offi Pro or generate 0.0% return on investment in Brookfield Offi over 30 days. Brookfield Offi is related to or competes with Diversified Royalty, WELL Health, Westshore Terminals, Andlauer Healthcare, and CVS HEALTH. Brookfield Properties Corporation is a privately owned real estate investment firm More
Brookfield Offi 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 Brookfield Offi's preferred 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 Brookfield Offi Pro upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.0 | |||
| Information Ratio | 0.0843 | |||
| Maximum Drawdown | 5.03 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 1.48 |
Brookfield Offi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brookfield Offi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brookfield Offi's standard deviation. In reality, there are many statistical measures that can use Brookfield Offi historical prices to predict the future Brookfield Offi's volatility.| Risk Adjusted Performance | 0.0918 | |||
| Jensen Alpha | 0.0992 | |||
| Total Risk Alpha | 0.0769 | |||
| Sortino Ratio | 0.08 | |||
| Treynor Ratio | (1.29) |
Brookfield Offi Pro Backtested Returns
At this point, Brookfield Offi is very steady. Brookfield Offi Pro secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Brookfield Offi Pro, which you can use to evaluate the volatility of the firm. Please confirm Brookfield Offi's Risk Adjusted Performance of 0.0918, downside deviation of 1.0, and Mean Deviation of 0.6807 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. Brookfield Offi has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.076, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Brookfield Offi are expected to decrease at a much lower rate. During the bear market, Brookfield Offi is likely to outperform the market. Brookfield Offi Pro right now shows a risk of 0.98%. Please confirm Brookfield Offi Pro downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to decide if Brookfield Offi Pro will be following its price patterns.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Brookfield Offi Pro has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Brookfield Offi time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th of January 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 Brookfield Offi Pro price movement. The serial correlation of -0.76 indicates that around 76.0% of current Brookfield Offi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Brookfield Offi Pro lagged returns against current returns
Autocorrelation, which is Brookfield Offi preferred 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 Brookfield Offi's preferred stock expected returns. We can calculate the autocorrelation of Brookfield Offi returns to help us make a trade decision. For example, suppose you find that Brookfield Offi has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Brookfield Offi 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 Brookfield Offi preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brookfield Offi preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brookfield Offi preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Brookfield Offi Lagged Returns
When evaluating Brookfield Offi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brookfield Offi preferred stock have on its future price. Brookfield Offi 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, Brookfield Offi autocorrelation shows the relationship between Brookfield Offi preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Brookfield Offi Pro.
Regressed Prices |
| Timeline |
Pair Trading with Brookfield Offi
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brookfield Offi position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brookfield Offi will appreciate offsetting losses from the drop in the long position's value.Moving together with Brookfield Preferred Stock
| 0.82 | BPO-PC | Brookfield Office | PairCorr |
| 0.87 | BPO-PA | Brookfield Office | PairCorr |
| 0.8 | BPO-PP | Brookfield Offi Pro | PairCorr |
The ability to find closely correlated positions to Brookfield Offi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookfield Offi when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brookfield Offi - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brookfield Offi Pro to buy it.
The correlation of Brookfield Offi is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brookfield Offi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Offi Pro moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brookfield Offi can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Brookfield Preferred Stock
Brookfield Offi financial ratios help investors to determine whether Brookfield Preferred 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 Brookfield with respect to the benefits of owning Brookfield Offi security.