Brompton Canadian Cash Etf Market Value
| KNGC Etf | 15.45 0.01 0.06% |
| Symbol | Brompton |
Brompton Canadian '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 Brompton Canadian's etf 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 Brompton Canadian.
| 12/18/2025 |
| 01/17/2026 |
If you would invest 0.00 in Brompton Canadian on December 18, 2025 and sell it all today you would earn a total of 0.00 from holding Brompton Canadian Cash or generate 0.0% return on investment in Brompton Canadian over 30 days. Brompton Canadian is related to or competes with Brompton Flaherty, Brompton Global, Brompton European, Brompton North, and Brompton Split. Brompton Canadian is entity of Canada. It is traded as Etf on TO exchange. More
Brompton Canadian 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 Brompton Canadian's etf 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 Brompton Canadian Cash upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8917 | |||
| Information Ratio | 0.1167 | |||
| Maximum Drawdown | 3.91 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.45 |
Brompton Canadian Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brompton Canadian's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brompton Canadian's standard deviation. In reality, there are many statistical measures that can use Brompton Canadian historical prices to predict the future Brompton Canadian's volatility.| Risk Adjusted Performance | 0.1676 | |||
| Jensen Alpha | 0.1803 | |||
| Total Risk Alpha | 0.0792 | |||
| Sortino Ratio | 0.1068 | |||
| Treynor Ratio | 3.15 |
Brompton Canadian Cash Backtested Returns
Brompton Canadian appears to be very steady, given 3 months investment horizon. Brompton Canadian Cash secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the etf had a 0.25 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Brompton Canadian Cash, which you can use to evaluate the volatility of the entity. Please makes use of Brompton Canadian's Mean Deviation of 0.5879, downside deviation of 0.8917, and Risk Adjusted Performance of 0.1676 to double-check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 0.0589, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Brompton Canadian's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brompton Canadian is expected to be smaller as well.
Auto-correlation | 0.64 |
Good predictability
Brompton Canadian Cash has good predictability. Overlapping area represents the amount of predictability between Brompton Canadian time series from 18th of December 2025 to 2nd of January 2026 and 2nd of January 2026 to 17th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Brompton Canadian Cash price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Brompton Canadian price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Brompton Canadian Cash lagged returns against current returns
Autocorrelation, which is Brompton Canadian etf'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 Brompton Canadian's etf expected returns. We can calculate the autocorrelation of Brompton Canadian returns to help us make a trade decision. For example, suppose you find that Brompton Canadian has exhibited high autocorrelation historically, and you observe that the etf 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 |
Brompton Canadian 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 Brompton Canadian etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brompton Canadian etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brompton Canadian etf over time.
Current vs Lagged Prices |
| Timeline |
Brompton Canadian Lagged Returns
When evaluating Brompton Canadian's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brompton Canadian etf have on its future price. Brompton Canadian 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, Brompton Canadian autocorrelation shows the relationship between Brompton Canadian etf current value and its past values and can show if there is a momentum factor associated with investing in Brompton Canadian Cash.
Regressed Prices |
| Timeline |
Pair Trading with Brompton Canadian
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 Brompton Canadian 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 Brompton Canadian will appreciate offsetting losses from the drop in the long position's value.Moving together with Brompton Etf
| 0.9 | XIU | iShares SPTSX 60 | PairCorr |
| 0.9 | XIC | iShares Core SPTSX | PairCorr |
| 0.9 | ZCN | BMO SPTSX Capped | PairCorr |
| 0.9 | VCN | Vanguard FTSE Canada | PairCorr |
| 0.9 | HXT | Global X SPTSX | PairCorr |
Moving against Brompton Etf
| 0.71 | TCLB | TD Canadian Long | PairCorr |
| 0.55 | XBB | iShares Canadian Universe | PairCorr |
| 0.53 | ZAG | BMO Aggregate Bond | PairCorr |
The ability to find closely correlated positions to Brompton Canadian could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brompton Canadian 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 Brompton Canadian - 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 Brompton Canadian Cash to buy it.
The correlation of Brompton Canadian 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 Brompton Canadian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brompton Canadian Cash 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 Brompton Canadian 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 Brompton Etf
Brompton Canadian financial ratios help investors to determine whether Brompton Etf 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 Brompton with respect to the benefits of owning Brompton Canadian security.