Brookfield Off Prop Preferred Stock Market Value
| BPO-PT Preferred Stock | CAD 17.55 0.06 0.34% |
| Symbol | Brookfield |
Brookfield Off '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 Off'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 Off.
| 11/10/2024 |
| 01/09/2025 |
If you would invest 0.00 in Brookfield Off on November 10, 2024 and sell it all today you would earn a total of 0.00 from holding Brookfield Off Prop or generate 0.0% return on investment in Brookfield Off over 60 days. Brookfield Off is related to or competes with Brookfield Offi, Brookfield Office, Brookfield Office, Brookfield Offi, and Brookfield Office. More
Brookfield Off 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 Off'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 Off Prop upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6762 | |||
| Information Ratio | 0.1158 | |||
| Maximum Drawdown | 4.64 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 1.45 |
Brookfield Off Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brookfield Off's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brookfield Off's standard deviation. In reality, there are many statistical measures that can use Brookfield Off historical prices to predict the future Brookfield Off's volatility.| Risk Adjusted Performance | 0.1191 | |||
| Jensen Alpha | 0.1113 | |||
| Total Risk Alpha | 0.0953 | |||
| Sortino Ratio | 0.142 | |||
| Treynor Ratio | 0.9026 |
Brookfield Off Prop Backtested Returns
At this point, Brookfield Off is very steady. Brookfield Off Prop secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Brookfield Off Prop, which you can use to evaluate the volatility of the firm. Please confirm Brookfield Off's Mean Deviation of 0.5901, downside deviation of 0.6762, and Risk Adjusted Performance of 0.1191 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. Brookfield Off has a performance score of 11 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Brookfield Off's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brookfield Off is expected to be smaller as well. Brookfield Off Prop right now shows a risk of 0.83%. Please confirm Brookfield Off Prop total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Brookfield Off Prop will be following its price patterns.
Auto-correlation | 0.12 |
Insignificant predictability
Brookfield Off Prop has insignificant predictability. Overlapping area represents the amount of predictability between Brookfield Off time series from 10th of November 2024 to 10th of December 2024 and 10th of December 2024 to 9th 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 Off Prop price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Brookfield Off price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Brookfield Off Prop lagged returns against current returns
Autocorrelation, which is Brookfield Off 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 Off's preferred stock expected returns. We can calculate the autocorrelation of Brookfield Off returns to help us make a trade decision. For example, suppose you find that Brookfield Off 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 Off 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 Off preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brookfield Off 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 Off preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Brookfield Off Lagged Returns
When evaluating Brookfield Off's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brookfield Off preferred stock have on its future price. Brookfield Off 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 Off autocorrelation shows the relationship between Brookfield Off preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Brookfield Off Prop.
Regressed Prices |
| Timeline |
Pair Trading with Brookfield Off
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 Off 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 Off will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Brookfield Off 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 Off 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 Off - 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 Off Prop to buy it.
The correlation of Brookfield Off 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 Off moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Off Prop 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 Off 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 Off 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 Off security.