COREBRIDGE FINANCIAL's market value is the price at which a share of COREBRIDGE FINANCIAL trades on a public exchange. It measures the collective expectations of COREBRIDGE FINANCIAL INC investors about its performance. COREBRIDGE FINANCIAL is trading at 28.60 as of the 2nd of January 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 28.6. With this module, you can estimate the performance of a buy and hold strategy of COREBRIDGE FINANCIAL INC and determine expected loss or profit from investing in COREBRIDGE FINANCIAL over a given investment horizon. Check out COREBRIDGE FINANCIAL Correlation, COREBRIDGE FINANCIAL Volatility and COREBRIDGE FINANCIAL Alpha and Beta module to complement your research on COREBRIDGE FINANCIAL. For more detail on how to invest in COREBRIDGE Stock please use our How to Invest in COREBRIDGE FINANCIAL guide.
Please note, there is a significant difference between COREBRIDGE FINANCIAL's value and its price as these two are different measures arrived at by different means. Investors typically determine if COREBRIDGE FINANCIAL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, COREBRIDGE FINANCIAL'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.
COREBRIDGE 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 COREBRIDGE 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 COREBRIDGE FINANCIAL.
0.00
01/13/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/02/2025
0.00
If you would invest 0.00 in COREBRIDGE FINANCIAL on January 13, 2023 and sell it all today you would earn a total of 0.00 from holding COREBRIDGE FINANCIAL INC or generate 0.0% return on investment in COREBRIDGE FINANCIAL over 720 days. COREBRIDGE FINANCIAL is related to or competes with Regions Financial, DALATA HOTEL, Meliá Hotels, Pebblebrook Hotel, National Bank, COMINTL BANK, and HYATT HOTELS. More
COREBRIDGE 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 COREBRIDGE 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 COREBRIDGE FINANCIAL INC 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 COREBRIDGE FINANCIAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COREBRIDGE FINANCIAL's standard deviation. In reality, there are many statistical measures that can use COREBRIDGE FINANCIAL historical prices to predict the future COREBRIDGE FINANCIAL's volatility.
At this point, COREBRIDGE FINANCIAL is very steady. COREBRIDGE FINANCIAL INC secures Sharpe Ratio (or Efficiency) of 0.0973, which signifies that the company had a 0.0973% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for COREBRIDGE FINANCIAL INC, which you can use to evaluate the volatility of the firm. Please confirm COREBRIDGE FINANCIAL's risk adjusted performance of 0.0889, and Mean Deviation of 1.23 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. COREBRIDGE FINANCIAL has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning COREBRIDGE FINANCIAL are expected to decrease at a much lower rate. During the bear market, COREBRIDGE FINANCIAL is likely to outperform the market. COREBRIDGE FINANCIAL INC currently shows a risk of 1.96%. Please confirm COREBRIDGE FINANCIAL INC jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if COREBRIDGE FINANCIAL INC will be following its price patterns.
Auto-correlation
0.27
Poor predictability
COREBRIDGE FINANCIAL INC has poor predictability. Overlapping area represents the amount of predictability between COREBRIDGE FINANCIAL time series from 13th of January 2023 to 8th of January 2024 and 8th of January 2024 to 2nd 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 COREBRIDGE FINANCIAL INC price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current COREBRIDGE FINANCIAL price fluctuation can be explain by its past prices.
Correlation Coefficient
0.27
Spearman Rank Test
0.49
Residual Average
0.0
Price Variance
7.06
COREBRIDGE FINANCIAL INC lagged returns against current returns
Autocorrelation, which is COREBRIDGE 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 COREBRIDGE FINANCIAL's stock expected returns. We can calculate the autocorrelation of COREBRIDGE FINANCIAL returns to help us make a trade decision. For example, suppose you find that COREBRIDGE 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
COREBRIDGE 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 COREBRIDGE FINANCIAL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COREBRIDGE FINANCIAL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COREBRIDGE FINANCIAL stock over time.
Current vs Lagged Prices
Timeline
COREBRIDGE FINANCIAL Lagged Returns
When evaluating COREBRIDGE FINANCIAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COREBRIDGE FINANCIAL stock have on its future price. COREBRIDGE 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, COREBRIDGE FINANCIAL autocorrelation shows the relationship between COREBRIDGE FINANCIAL stock current value and its past values and can show if there is a momentum factor associated with investing in COREBRIDGE FINANCIAL INC.
Other Information on Investing in COREBRIDGE Stock
COREBRIDGE FINANCIAL financial ratios help investors to determine whether COREBRIDGE 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 COREBRIDGE with respect to the benefits of owning COREBRIDGE FINANCIAL security.