Broad Capital Acquisition Stock Market Value
| BRACR Stock | USD 0.13 0.01 8.33% |
| Symbol | Broad |
Broad Capital Acquisition Price To Book Ratio
Is Trading space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Broad Capital. If investors know Broad will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Broad Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (0.04) |
The market value of Broad Capital Acquisition is measured differently than its book value, which is the value of Broad that is recorded on the company's balance sheet. Investors also form their own opinion of Broad Capital's value that differs from its market value or its book value, called intrinsic value, which is Broad Capital'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 Broad Capital's market value can be influenced by many factors that don't directly affect Broad Capital'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 Broad Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broad Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broad Capital'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.
Broad Capital '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 Broad Capital'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 Broad Capital.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Broad Capital on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Broad Capital Acquisition or generate 0.0% return on investment in Broad Capital over 30 days. Broad Capital is related to or competes with Morningstar Unconstrained, Thrivent High, Via Renewables, T Rowe, 70082LAB3, Sitka Gold, and MSCI ACWI. Broad Capital Acquisition Corp focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase,... More
Broad Capital 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 Broad Capital'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 Broad Capital Acquisition upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 19.41 | |||
| Information Ratio | (0.0007) | |||
| Maximum Drawdown | 67.84 | |||
| Value At Risk | (15.38) | |||
| Potential Upside | 16.67 |
Broad Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Broad Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Broad Capital's standard deviation. In reality, there are many statistical measures that can use Broad Capital historical prices to predict the future Broad Capital's volatility.| Risk Adjusted Performance | 0.018 | |||
| Jensen Alpha | 0.3014 | |||
| Total Risk Alpha | (1.59) | |||
| Sortino Ratio | (0.0004) | |||
| Treynor Ratio | (0.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Broad Capital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Broad Capital Acquisition Backtested Returns
Broad Capital is out of control given 3 months investment horizon. Broad Capital Acquisition secures Sharpe Ratio (or Efficiency) of 0.28, which signifies that the company had a 0.28% return per unit of risk over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 86.18% are justified by taking the suggested risk. Use Broad Capital Downside Deviation of 19.41, risk adjusted performance of 0.018, and Mean Deviation of 5.97 to evaluate company specific risk that cannot be diversified away. Broad Capital holds a performance score of 22 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.56, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Broad Capital are expected to decrease by larger amounts. On the other hand, during market turmoil, Broad Capital is expected to outperform it. Use Broad Capital treynor ratio and the relationship between the semi variance and price action indicator , to analyze future returns on Broad Capital.
Auto-correlation | -1 |
Near perfect reversele predictability
Broad Capital Acquisition has near perfect reversele predictability. Overlapping area represents the amount of predictability between Broad Capital time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Broad Capital Acquisition price movement. The serial correlation of -1.0 indicates that 100.0% of current Broad Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -1.0 | |
| Spearman Rank Test | -1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Broad Capital Acquisition lagged returns against current returns
Autocorrelation, which is Broad Capital 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 Broad Capital's stock expected returns. We can calculate the autocorrelation of Broad Capital returns to help us make a trade decision. For example, suppose you find that Broad Capital 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 |
Broad Capital 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 Broad Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Broad Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Broad Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Broad Capital Lagged Returns
When evaluating Broad Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Broad Capital stock have on its future price. Broad Capital 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, Broad Capital autocorrelation shows the relationship between Broad Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Broad Capital Acquisition.
Regressed Prices |
| Timeline |
Pair Trading with Broad Capital
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 Broad Capital 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 Broad Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Broad Stock
| 0.65 | FRLAU | Fortune Rise Acquisition | PairCorr |
| 0.56 | DSAQ | Direct Selling Acqui | PairCorr |
| 0.55 | OCAXW | OCA Acquisition Corp | PairCorr |
| 0.48 | BAYAR | Bayview Acquisition Corp | PairCorr |
| 0.46 | NPABW | New Providence Acqui | PairCorr |
The ability to find closely correlated positions to Broad Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broad Capital 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 Broad Capital - 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 Broad Capital Acquisition to buy it.
The correlation of Broad Capital 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 Broad Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broad Capital Acquisition 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 Broad Capital 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.Additional Tools for Broad Stock Analysis
When running Broad Capital's price analysis, check to measure Broad Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Broad Capital is operating at the current time. Most of Broad Capital's value examination focuses on studying past and present price action to predict the probability of Broad Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broad Capital's price. Additionally, you may evaluate how the addition of Broad Capital to your portfolios can decrease your overall portfolio volatility.