Broadridge Financial (Germany) Market Value
| 5B9 Stock | EUR 220.00 2.00 0.90% |
| Symbol | Broadridge |
Broadridge Financial '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 Broadridge Financial's 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 Broadridge Financial.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Broadridge Financial on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Broadridge Financial Solutions or generate 0.0% return on investment in Broadridge Financial over 90 days. Broadridge Financial is related to or competes with Automatic Data, Paychex, Superior Plus, SIVERS SEMICONDUCTORS, NorAm Drilling, Norsk Hydro, and Reliance Steel. Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial ... More
Broadridge Financial 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 Broadridge Financial's 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 Broadridge Financial Solutions upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.07 | |||
| Information Ratio | 0.0894 | |||
| Maximum Drawdown | 6.02 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 2.0 |
Broadridge Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Broadridge Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Broadridge Financial's standard deviation. In reality, there are many statistical measures that can use Broadridge Financial historical prices to predict the future Broadridge Financial's volatility.| Risk Adjusted Performance | 0.1402 | |||
| Jensen Alpha | 0.151 | |||
| Total Risk Alpha | 0.0274 | |||
| Sortino Ratio | 0.1051 | |||
| Treynor Ratio | 0.3414 |
Broadridge Financial Backtested Returns
Broadridge Financial appears to be very steady, given 3 months investment horizon. Broadridge Financial secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Broadridge Financial Solutions, which you can use to evaluate the volatility of the firm. Please makes use of Broadridge Financial's Downside Deviation of 1.07, mean deviation of 0.9762, and Risk Adjusted Performance of 0.1402 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Broadridge Financial holds a performance score of 15. The firm shows a Beta (market volatility) of 0.67, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Broadridge Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Broadridge Financial is expected to be smaller as well. Please check Broadridge Financial's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Broadridge Financial's price patterns will revert.
Auto-correlation | 0.82 |
Very good predictability
Broadridge Financial Solutions has very good predictability. Overlapping area represents the amount of predictability between Broadridge Financial time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 Broadridge Financial price movement. The serial correlation of 0.82 indicates that around 82.0% of current Broadridge Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 115.44 |
Broadridge Financial lagged returns against current returns
Autocorrelation, which is Broadridge Financial 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 Broadridge Financial's stock expected returns. We can calculate the autocorrelation of Broadridge Financial returns to help us make a trade decision. For example, suppose you find that Broadridge Financial 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 |
Broadridge Financial 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 Broadridge Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Broadridge Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Broadridge Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Broadridge Financial Lagged Returns
When evaluating Broadridge Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Broadridge Financial stock have on its future price. Broadridge Financial 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, Broadridge Financial autocorrelation shows the relationship between Broadridge Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Broadridge Financial Solutions.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Broadridge Stock
When determining whether Broadridge Financial is a strong investment it is important to analyze Broadridge Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Broadridge Financial's future performance. For an informed investment choice regarding Broadridge Stock, refer to the following important reports:Check out Broadridge Financial Correlation, Broadridge Financial Volatility and Broadridge Financial Alpha and Beta module to complement your research on Broadridge Financial. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Broadridge Financial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.