Bridgemarq Real Estate Stock Market Value
| BRE Stock | CAD 15.25 0.04 0.26% |
| Symbol | Bridgemarq |
Bridgemarq Real Estate Price To Book Ratio
Bridgemarq Real '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 Bridgemarq Real'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 Bridgemarq Real.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Bridgemarq Real on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Bridgemarq Real Estate or generate 0.0% return on investment in Bridgemarq Real over 30 days. Bridgemarq Real is related to or competes with Inovalis Real, Atrium Mortgage, Slate Office, Timbercreek Financial, and True North. Bridgemarq Real Estate Services Inc. provides various services to residential real estate brokers and REALTORS in Canada More
Bridgemarq Real 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 Bridgemarq Real'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 Bridgemarq Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.12 | |||
| Information Ratio | 0.1128 | |||
| Maximum Drawdown | 7.04 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 2.04 |
Bridgemarq Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bridgemarq Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bridgemarq Real's standard deviation. In reality, there are many statistical measures that can use Bridgemarq Real historical prices to predict the future Bridgemarq Real's volatility.| Risk Adjusted Performance | 0.1772 | |||
| Jensen Alpha | 0.2422 | |||
| Total Risk Alpha | 0.0695 | |||
| Sortino Ratio | 0.1157 | |||
| Treynor Ratio | 3.71 |
Bridgemarq Real Estate Backtested Returns
Bridgemarq Real appears to be very steady, given 3 months investment horizon. Bridgemarq Real Estate secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bridgemarq Real Estate, which you can use to evaluate the volatility of the firm. Please makes use of Bridgemarq Real's Risk Adjusted Performance of 0.1772, downside deviation of 1.12, and Mean Deviation of 0.8755 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bridgemarq Real holds a performance score of 15. The firm shows a Beta (market volatility) of 0.0674, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bridgemarq Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bridgemarq Real is expected to be smaller as well. Please check Bridgemarq Real's value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to make a quick decision on whether Bridgemarq Real's price patterns will revert.
Auto-correlation | -0.34 |
Poor reverse predictability
Bridgemarq Real Estate has poor reverse predictability. Overlapping area represents the amount of predictability between Bridgemarq Real 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 Bridgemarq Real Estate price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Bridgemarq Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Bridgemarq Real Estate lagged returns against current returns
Autocorrelation, which is Bridgemarq Real 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 Bridgemarq Real's stock expected returns. We can calculate the autocorrelation of Bridgemarq Real returns to help us make a trade decision. For example, suppose you find that Bridgemarq Real 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 |
Bridgemarq Real 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 Bridgemarq Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bridgemarq Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bridgemarq Real stock over time.
Current vs Lagged Prices |
| Timeline |
Bridgemarq Real Lagged Returns
When evaluating Bridgemarq Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bridgemarq Real stock have on its future price. Bridgemarq Real 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, Bridgemarq Real autocorrelation shows the relationship between Bridgemarq Real stock current value and its past values and can show if there is a momentum factor associated with investing in Bridgemarq Real Estate.
Regressed Prices |
| Timeline |
Pair Trading with Bridgemarq Real
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 Bridgemarq Real 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 Bridgemarq Real will appreciate offsetting losses from the drop in the long position's value.Moving together with Bridgemarq Stock
| 0.74 | PIC-A | Premium Income Split | PairCorr |
| 0.84 | FFH | Fairfax Financial | PairCorr |
| 0.67 | FFH-PC | Fairfax Fin Hld | PairCorr |
The ability to find closely correlated positions to Bridgemarq Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bridgemarq Real 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 Bridgemarq Real - 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 Bridgemarq Real Estate to buy it.
The correlation of Bridgemarq Real 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 Bridgemarq Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bridgemarq Real Estate 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 Bridgemarq Real 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 Bridgemarq Stock
Bridgemarq Real financial ratios help investors to determine whether Bridgemarq 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 Bridgemarq with respect to the benefits of owning Bridgemarq Real security.