Brown Forman Stock Forecast - Daily Balance Of Power
| BF5A Stock | EUR 36.20 0.00 0.00% |
Brown Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Brown Forman's historical fundamentals, such as revenue growth or operating cash flow patterns.
Brown |
| Check Brown Forman Volatility | Backtest Brown Forman | Trend Details |
Brown Forman Trading Date Momentum
| On February 29 2024 Brown Forman was traded for 53.40 at the closing time. The maximum traded price for the trading interval was 53.40 and the lowest daily price was 53.40 . There was no trading activity during the period 1.0. Lack of trading volume on 29th of February 2024 played a part in the next trading day price rise. The overall trading delta to the next closing price was 0.93% . The overall trading delta to the closing price today is 2.78% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Brown Forman Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Brown Forman stock to make a market-neutral strategy. Peer analysis of Brown Forman could also be used in its relative valuation, which is a method of valuing Brown Forman by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Brown Forman Market Strength Events
Market strength indicators help investors to evaluate how Brown Forman stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Brown Forman shares will generate the highest return on investment. By undertsting and applying Brown Forman stock market strength indicators, traders can identify Brown Forman entry and exit signals to maximize returns.
Brown Forman Risk Indicators
The analysis of Brown Forman's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Brown Forman's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting brown stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.42 | |||
| Standard Deviation | 2.11 | |||
| Variance | 4.44 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Other Information on Investing in Brown Stock
Brown Forman financial ratios help investors to determine whether Brown 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 Brown with respect to the benefits of owning Brown Forman security.