BRKHEC 34 16 OCT 51 Market Value
| 665501AM4 | 68.88 1.06 1.56% |
| Symbol | BRKHEC |
Please note, there is a significant difference between BRKHEC's value and its price as these two are different measures arrived at by different means. Investors typically determine if BRKHEC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRKHEC's 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.
BRKHEC '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 BRKHEC'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 BRKHEC.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in BRKHEC on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding BRKHEC 34 16 OCT 51 or generate 0.0% return on investment in BRKHEC over 720 days. BRKHEC is related to or competes with 00108WAF7, 90331HPL1, 3M, Alcoa Corp, ATT, Johnson Johnson, and Intel. More
BRKHEC 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 BRKHEC'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 BRKHEC 34 16 OCT 51 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.59 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 8.61 | |||
| Value At Risk | (2.35) | |||
| Potential Upside | 2.21 |
BRKHEC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BRKHEC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BRKHEC's standard deviation. In reality, there are many statistical measures that can use BRKHEC historical prices to predict the future BRKHEC's volatility.| Risk Adjusted Performance | 0.0645 | |||
| Jensen Alpha | 0.1258 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.39) |
BRKHEC 34 16 Backtested Returns
BRKHEC 34 16 secures Sharpe Ratio (or Efficiency) of -0.0481, which signifies that the bond had a -0.0481% return per unit of return volatility over the last 3 months. BRKHEC 34 16 OCT 51 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BRKHEC's Semi Deviation of 1.4, risk adjusted performance of 0.0645, and Mean Deviation of 0.9376 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BRKHEC are expected to decrease at a much lower rate. During the bear market, BRKHEC is likely to outperform the market.
Auto-correlation | -0.09 |
Very weak reverse predictability
BRKHEC 34 16 OCT 51 has very weak reverse predictability. Overlapping area represents the amount of predictability between BRKHEC time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th of November 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 BRKHEC 34 16 price movement. The serial correlation of -0.09 indicates that less than 9.0% of current BRKHEC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 3.31 |
BRKHEC 34 16 lagged returns against current returns
Autocorrelation, which is BRKHEC 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 BRKHEC's bond expected returns. We can calculate the autocorrelation of BRKHEC returns to help us make a trade decision. For example, suppose you find that BRKHEC 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 |
BRKHEC 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 BRKHEC bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BRKHEC bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BRKHEC bond over time.
Current vs Lagged Prices |
| Timeline |
BRKHEC Lagged Returns
When evaluating BRKHEC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BRKHEC bond have on its future price. BRKHEC 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, BRKHEC autocorrelation shows the relationship between BRKHEC bond current value and its past values and can show if there is a momentum factor associated with investing in BRKHEC 34 16 OCT 51.
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 BRKHEC Bond
BRKHEC financial ratios help investors to determine whether BRKHEC 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 BRKHEC with respect to the benefits of owning BRKHEC security.