Brinks' market value is the price at which a share of Brinks trades on a public exchange. It measures the collective expectations of The Brinks investors about its performance. Brinks is trading at 86.50 as of the 15th of January 2025. This is a 1.14% down since the beginning of the trading day. The stock's lowest day price was 86.5. With this module, you can estimate the performance of a buy and hold strategy of The Brinks and determine expected loss or profit from investing in Brinks over a given investment horizon. Check out Brinks Correlation, Brinks Volatility and Brinks Alpha and Beta module to complement your research on Brinks.
Please note, there is a significant difference between Brinks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Brinks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brinks' 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.
Brinks '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 Brinks' 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 Brinks.
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06/19/2024
No Change 0.00
0.0
In 6 months and 30 days
01/15/2025
0.00
If you would invest 0.00 in Brinks on June 19, 2024 and sell it all today you would earn a total of 0.00 from holding The Brinks or generate 0.0% return on investment in Brinks over 210 days. Brinks is related to or competes with Fukuyama Transporting, Siamgas, Uber Technologies, Sunny Optical, NTG Nordic, JD SPORTS, and TITANIUM TRANSPORTGROUP. The Brinks Company provides secure transportation, cash management, and other security-related services in North America... More
Brinks 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 Brinks' 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 The Brinks upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brinks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brinks' standard deviation. In reality, there are many statistical measures that can use Brinks historical prices to predict the future Brinks' volatility.
Brinks secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of standard deviation over the last 3 months. The Brinks exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brinks' Coefficient Of Variation of (737.07), mean deviation of 1.43, and Risk Adjusted Performance of (0.11) to double-check the risk estimate we provide. 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, returns on owning Brinks are expected to decrease at a much lower rate. During the bear market, Brinks is likely to outperform the market. At this point, Brinks has a negative expected return of -0.27%. Please make sure to confirm Brinks' variance, treynor ratio, daily balance of power, as well as the relationship between the jensen alpha and skewness , to decide if Brinks performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.13
Insignificant reverse predictability
The Brinks has insignificant reverse predictability. Overlapping area represents the amount of predictability between Brinks time series from 19th of June 2024 to 2nd of October 2024 and 2nd of October 2024 to 15th of January 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 Brinks price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Brinks price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.13
Spearman Rank Test
-0.41
Residual Average
0.0
Price Variance
23.02
Brinks lagged returns against current returns
Autocorrelation, which is Brinks 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 Brinks' stock expected returns. We can calculate the autocorrelation of Brinks returns to help us make a trade decision. For example, suppose you find that Brinks 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
Brinks 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 Brinks stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brinks stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brinks stock over time.
Current vs Lagged Prices
Timeline
Brinks Lagged Returns
When evaluating Brinks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brinks stock have on its future price. Brinks 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, Brinks autocorrelation shows the relationship between Brinks stock current value and its past values and can show if there is a momentum factor associated with investing in The Brinks.
Brinks financial ratios help investors to determine whether Brinks 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 Brinks with respect to the benefits of owning Brinks security.