BERKSHIRE HATHAWAY ENERGY Market Value
| 084659AP6 | 80.00 1.81 2.31% |
| Symbol | BERKSHIRE |
BERKSHIRE '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 BERKSHIRE's bond 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 BERKSHIRE.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in BERKSHIRE on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding BERKSHIRE HATHAWAY ENERGY or generate 0.0% return on investment in BERKSHIRE over 540 days. BERKSHIRE is related to or competes with Encore Capital, ServiceNow, Analog Devices, Radcom, Amkor Technology, and Paysafe. More
BERKSHIRE 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 BERKSHIRE's bond 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 BERKSHIRE HATHAWAY ENERGY upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 4.28 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 1.98 |
BERKSHIRE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BERKSHIRE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BERKSHIRE's standard deviation. In reality, there are many statistical measures that can use BERKSHIRE historical prices to predict the future BERKSHIRE's volatility.| Risk Adjusted Performance | 0.0593 | |||
| Jensen Alpha | 0.0643 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 1.47 |
BERKSHIRE HATHAWAY ENERGY Backtested Returns
At this point, BERKSHIRE is very steady. BERKSHIRE HATHAWAY ENERGY secures Sharpe Ratio (or Efficiency) of 0.0713, which signifies that the bond had a 0.0713% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for BERKSHIRE HATHAWAY ENERGY, which you can use to evaluate the volatility of the entity. Please confirm BERKSHIRE's mean deviation of 0.8503, and Risk Adjusted Performance of 0.0593 to double-check if the risk estimate we provide is consistent with the expected return of 0.0718%. The bond shows a Beta (market volatility) of 0.0479, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BERKSHIRE's returns are expected to increase less than the market. However, during the bear market, the loss of holding BERKSHIRE is expected to be smaller as well.
Auto-correlation | 0.29 |
Poor predictability
BERKSHIRE HATHAWAY ENERGY has poor predictability. Overlapping area represents the amount of predictability between BERKSHIRE time series from 10th of June 2023 to 6th of March 2024 and 6th of March 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 BERKSHIRE HATHAWAY ENERGY price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current BERKSHIRE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 5.08 |
BERKSHIRE HATHAWAY ENERGY lagged returns against current returns
Autocorrelation, which is BERKSHIRE bond'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 BERKSHIRE's bond expected returns. We can calculate the autocorrelation of BERKSHIRE returns to help us make a trade decision. For example, suppose you find that BERKSHIRE has exhibited high autocorrelation historically, and you observe that the bond 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 |
BERKSHIRE 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 BERKSHIRE bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BERKSHIRE bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BERKSHIRE bond over time.
Current vs Lagged Prices |
| Timeline |
BERKSHIRE Lagged Returns
When evaluating BERKSHIRE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BERKSHIRE bond have on its future price. BERKSHIRE 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, BERKSHIRE autocorrelation shows the relationship between BERKSHIRE bond current value and its past values and can show if there is a momentum factor associated with investing in BERKSHIRE HATHAWAY ENERGY.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in BERKSHIRE Bond
BERKSHIRE financial ratios help investors to determine whether BERKSHIRE Bond 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 BERKSHIRE with respect to the benefits of owning BERKSHIRE security.