Brambles (Australia) Market Value
| BXB Stock | 19.03 0.15 0.78% |
| Symbol | Brambles |
Brambles '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 Brambles' 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 Brambles.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Brambles on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Brambles or generate 0.0% return on investment in Brambles over 360 days. Brambles is related to or competes with Coronado Global. Brambles is entity of Australia. It is traded as Stock on AU exchange. More
Brambles 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 Brambles' 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 Brambles upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.14 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 6.66 | |||
| Value At Risk | (1.70) | |||
| Potential Upside | 2.01 |
Brambles Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brambles' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brambles' standard deviation. In reality, there are many statistical measures that can use Brambles historical prices to predict the future Brambles' volatility.| Risk Adjusted Performance | 0.0558 | |||
| Jensen Alpha | 0.029 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.2175 |
Brambles Backtested Returns
Currently, Brambles is very steady. Brambles secures Sharpe Ratio (or Efficiency) of 0.0736, which signifies that the company had a 0.0736% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Brambles, which you can use to evaluate the volatility of the firm. Please confirm Brambles' risk adjusted performance of 0.0558, and Mean Deviation of 0.8995 to double-check if the risk estimate we provide is consistent with the expected return of 0.086%. Brambles has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.32, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Brambles' returns are expected to increase less than the market. However, during the bear market, the loss of holding Brambles is expected to be smaller as well. Brambles right now shows a risk of 1.17%. Please confirm Brambles semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Brambles will be following its price patterns.
Auto-correlation | 0.57 |
Modest predictability
Brambles has modest predictability. Overlapping area represents the amount of predictability between Brambles time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 Brambles price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Brambles price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 4.23 |
Brambles lagged returns against current returns
Autocorrelation, which is Brambles 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 Brambles' stock expected returns. We can calculate the autocorrelation of Brambles returns to help us make a trade decision. For example, suppose you find that Brambles 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 |
Brambles 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 Brambles stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brambles stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brambles stock over time.
Current vs Lagged Prices |
| Timeline |
Brambles Lagged Returns
When evaluating Brambles' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brambles stock have on its future price. Brambles 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, Brambles autocorrelation shows the relationship between Brambles stock current value and its past values and can show if there is a momentum factor associated with investing in Brambles.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Brambles Stock Analysis
When running Brambles' price analysis, check to measure Brambles' 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 Brambles is operating at the current time. Most of Brambles' value examination focuses on studying past and present price action to predict the probability of Brambles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brambles' price. Additionally, you may evaluate how the addition of Brambles to your portfolios can decrease your overall portfolio volatility.