Brickability Group (UK) Market Value
| BRCK Stock | 60.70 0.60 0.98% |
| Symbol | Brickability |
Brickability Group '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 Brickability Group'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 Brickability Group.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Brickability Group on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Brickability Group Plc or generate 0.0% return on investment in Brickability Group over 270 days. Brickability Group is related to or competes with Pfeiffer Vacuum, Microchip Technology, Vitec Software, Sabien Technology, Mindflair Plc, and Sunny Optical. Brickability Group is entity of United Kingdom More
Brickability Group 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 Brickability Group'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 Brickability Group Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 15.57 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 1.4 |
Brickability Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brickability Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brickability Group's standard deviation. In reality, there are many statistical measures that can use Brickability Group historical prices to predict the future Brickability Group's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.77) |
Brickability Group Plc Backtested Returns
Brickability Group Plc secures Sharpe Ratio (or Efficiency) of -0.0772, which signifies that the company had a -0.0772% return per unit of risk over the last 3 months. Brickability Group Plc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brickability Group's Standard Deviation of 1.93, mean deviation of 1.03, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Brickability Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brickability Group is expected to be smaller as well. At this point, Brickability Group Plc has a negative expected return of -0.15%. Please make sure to confirm Brickability Group's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Brickability Group Plc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.67 |
Very good reverse predictability
Brickability Group Plc has very good reverse predictability. Overlapping area represents the amount of predictability between Brickability Group time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 Brickability Group Plc price movement. The serial correlation of -0.67 indicates that around 67.0% of current Brickability Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 9.4 |
Brickability Group Plc lagged returns against current returns
Autocorrelation, which is Brickability Group 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 Brickability Group's stock expected returns. We can calculate the autocorrelation of Brickability Group returns to help us make a trade decision. For example, suppose you find that Brickability Group 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 |
Brickability Group 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 Brickability Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brickability Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brickability Group stock over time.
Current vs Lagged Prices |
| Timeline |
Brickability Group Lagged Returns
When evaluating Brickability Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brickability Group stock have on its future price. Brickability Group 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, Brickability Group autocorrelation shows the relationship between Brickability Group stock current value and its past values and can show if there is a momentum factor associated with investing in Brickability Group Plc.
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.Additional Tools for Brickability Stock Analysis
When running Brickability Group's price analysis, check to measure Brickability Group'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 Brickability Group is operating at the current time. Most of Brickability Group's value examination focuses on studying past and present price action to predict the probability of Brickability Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brickability Group's price. Additionally, you may evaluate how the addition of Brickability Group to your portfolios can decrease your overall portfolio volatility.