BROOKFIELD CORP (Germany) Market Value
| K7X Stock | 58.80 0.40 0.68% |
| Symbol | BROOKFIELD |
BROOKFIELD CORP '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 BROOKFIELD CORP'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 BROOKFIELD CORP.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in BROOKFIELD CORP on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding BROOKFIELD P CLA or generate 0.0% return on investment in BROOKFIELD CORP over 30 days. BROOKFIELD CORP is related to or competes with MCEWEN MINING, Lion One, Perseus Mining, Zijin Mining, ADRIATIC METALS, Motorcar Parts, and Commercial Vehicle. More
BROOKFIELD CORP 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 BROOKFIELD CORP'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 BROOKFIELD P CLA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.89 | |||
| Information Ratio | 0.1352 | |||
| Maximum Drawdown | 13.82 | |||
| Value At Risk | (2.51) | |||
| Potential Upside | 3.38 |
BROOKFIELD CORP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BROOKFIELD CORP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BROOKFIELD CORP's standard deviation. In reality, there are many statistical measures that can use BROOKFIELD CORP historical prices to predict the future BROOKFIELD CORP's volatility.| Risk Adjusted Performance | 0.1563 | |||
| Jensen Alpha | 0.3573 | |||
| Total Risk Alpha | 0.0851 | |||
| Sortino Ratio | 0.1453 | |||
| Treynor Ratio | 1.4 |
BROOKFIELD P CLA Backtested Returns
BROOKFIELD CORP appears to be very steady, given 3 months investment horizon. BROOKFIELD P CLA secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the company had a 0.25% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for BROOKFIELD P CLA, which you can use to evaluate the volatility of the firm. Please makes use of BROOKFIELD CORP's mean deviation of 1.43, and Risk Adjusted Performance of 0.1563 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BROOKFIELD CORP holds a performance score of 19. The firm shows a Beta (market volatility) of 0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BROOKFIELD CORP's returns are expected to increase less than the market. However, during the bear market, the loss of holding BROOKFIELD CORP is expected to be smaller as well. Please check BROOKFIELD CORP's value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to make a quick decision on whether BROOKFIELD CORP's price patterns will revert.
Auto-correlation | 0.54 |
Modest predictability
BROOKFIELD P CLA has modest predictability. Overlapping area represents the amount of predictability between BROOKFIELD CORP time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 BROOKFIELD P CLA price movement. The serial correlation of 0.54 indicates that about 54.0% of current BROOKFIELD CORP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 4.12 |
BROOKFIELD P CLA lagged returns against current returns
Autocorrelation, which is BROOKFIELD CORP 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 BROOKFIELD CORP's stock expected returns. We can calculate the autocorrelation of BROOKFIELD CORP returns to help us make a trade decision. For example, suppose you find that BROOKFIELD CORP 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 |
BROOKFIELD CORP 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 BROOKFIELD CORP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BROOKFIELD CORP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BROOKFIELD CORP stock over time.
Current vs Lagged Prices |
| Timeline |
BROOKFIELD CORP Lagged Returns
When evaluating BROOKFIELD CORP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BROOKFIELD CORP stock have on its future price. BROOKFIELD CORP 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, BROOKFIELD CORP autocorrelation shows the relationship between BROOKFIELD CORP stock current value and its past values and can show if there is a momentum factor associated with investing in BROOKFIELD P CLA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BROOKFIELD Stock
BROOKFIELD CORP financial ratios help investors to determine whether BROOKFIELD 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 BROOKFIELD with respect to the benefits of owning BROOKFIELD CORP security.