Broke Out Stock Market Value
| BRKO Stock | USD 0.0001 0.00 0.00% |
| Symbol | Broke |
Broke Out Price To Book Ratio
Is Apparel Manufacturing 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 Broke Out. If investors know Broke 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 Broke Out listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Broke Out is measured differently than its book value, which is the value of Broke that is recorded on the company's balance sheet. Investors also form their own opinion of Broke Out's value that differs from its market value or its book value, called intrinsic value, which is Broke Out'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 Broke Out's market value can be influenced by many factors that don't directly affect Broke Out'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 Broke Out's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broke Out is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broke Out'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.
Broke Out '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 Broke Out'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 Broke Out.
| 06/09/2024 |
| 12/31/2025 |
If you would invest 0.00 in Broke Out on June 9, 2024 and sell it all today you would earn a total of 0.00 from holding Broke Out or generate 0.0% return on investment in Broke Out over 570 days. Broke Out is related to or competes with Good Times, Nordic Semiconductor, Topsports International, JD Sports, Roadrunner Transportation, and Gaztransport Technigaz. Broke Out Inc. operates as a software company, develops and sells apps and games for android and iOS mobile devices More
Broke Out 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 Broke Out'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 Broke Out upside and downside potential and time the market with a certain degree of confidence.
Broke Out Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Broke Out's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Broke Out's standard deviation. In reality, there are many statistical measures that can use Broke Out historical prices to predict the future Broke Out's volatility.Broke Out Backtested Returns
We have found three technical indicators for Broke Out, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Broke Out are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Broke Out has perfect predictability. Overlapping area represents the amount of predictability between Broke Out time series from 9th of June 2024 to 21st of March 2025 and 21st of March 2025 to 31st of December 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 Broke Out price movement. The serial correlation of 1.0 indicates that 100.0% of current Broke Out 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 |
Broke Out lagged returns against current returns
Autocorrelation, which is Broke Out 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 Broke Out's stock expected returns. We can calculate the autocorrelation of Broke Out returns to help us make a trade decision. For example, suppose you find that Broke Out 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 |
Broke Out 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 Broke Out stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Broke Out stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Broke Out stock over time.
Current vs Lagged Prices |
| Timeline |
Broke Out Lagged Returns
When evaluating Broke Out's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Broke Out stock have on its future price. Broke Out 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, Broke Out autocorrelation shows the relationship between Broke Out stock current value and its past values and can show if there is a momentum factor associated with investing in Broke Out.
Regressed Prices |
| Timeline |
Pair Trading with Broke Out
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 Broke Out 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 Broke Out will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Broke Out could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broke Out 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 Broke Out - 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 Broke Out to buy it.
The correlation of Broke Out 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 Broke Out moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broke Out 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 Broke Out 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.Check out Broke Out Correlation, Broke Out Volatility and Broke Out Alpha and Beta module to complement your research on Broke Out. To learn how to invest in Broke Stock, please use our How to Invest in Broke Out guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Broke Out technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.