Brown Advisory Flexible Etf Market Value
| BAFE Etf | 25.97 0.23 0.89% |
| Symbol | Brown |
The market value of Brown Advisory Flexible is measured differently than its book value, which is the value of Brown that is recorded on the company's balance sheet. Investors also form their own opinion of Brown Advisory's value that differs from its market value or its book value, called intrinsic value, which is Brown Advisory's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brown Advisory's market value can be influenced by many factors that don't directly affect Brown Advisory's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brown Advisory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brown Advisory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brown Advisory'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.
Brown Advisory '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 Brown Advisory's etf 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 Brown Advisory.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Brown Advisory on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Brown Advisory Flexible or generate 0.0% return on investment in Brown Advisory over 30 days. Brown Advisory is related to or competes with FT Vest, Northern Lights, Dimensional International, JPMorgan Fundamental, Matthews China, Davis Select, and Dimensional ETF. Brown Advisory is entity of United States More
Brown Advisory 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 Brown Advisory's etf 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 Brown Advisory Flexible upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1638 | |||
| Maximum Drawdown | 1.8 | |||
| Value At Risk | (0.77) | |||
| Potential Upside | 1.03 |
Brown Advisory Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brown Advisory's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brown Advisory's standard deviation. In reality, there are many statistical measures that can use Brown Advisory historical prices to predict the future Brown Advisory's volatility.| Risk Adjusted Performance | 0.3038 | |||
| Jensen Alpha | 0.1805 | |||
| Total Risk Alpha | 0.117 | |||
| Treynor Ratio | 1.96 |
Brown Advisory Flexible Backtested Returns
At this point, Brown Advisory is very steady. Brown Advisory Flexible secures Sharpe Ratio (or Efficiency) of 0.41, which signifies that the etf had a 0.41% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Brown Advisory Flexible, which you can use to evaluate the volatility of the entity. Please confirm Brown Advisory's Risk Adjusted Performance of 0.3038, standard deviation of 0.4713, and Mean Deviation of 0.3522 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. The etf shows a Beta (market volatility) of 0.0976, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Brown Advisory's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brown Advisory is expected to be smaller as well.
Auto-correlation | 0.09 |
Virtually no predictability
Brown Advisory Flexible has virtually no predictability. Overlapping area represents the amount of predictability between Brown Advisory time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Brown Advisory Flexible price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Brown Advisory price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Brown Advisory Flexible lagged returns against current returns
Autocorrelation, which is Brown Advisory etf'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 Brown Advisory's etf expected returns. We can calculate the autocorrelation of Brown Advisory returns to help us make a trade decision. For example, suppose you find that Brown Advisory has exhibited high autocorrelation historically, and you observe that the etf 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 |
Brown Advisory 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 Brown Advisory etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brown Advisory etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brown Advisory etf over time.
Current vs Lagged Prices |
| Timeline |
Brown Advisory Lagged Returns
When evaluating Brown Advisory's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brown Advisory etf have on its future price. Brown Advisory 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, Brown Advisory autocorrelation shows the relationship between Brown Advisory etf current value and its past values and can show if there is a momentum factor associated with investing in Brown Advisory Flexible.
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.When determining whether Brown Advisory Flexible is a strong investment it is important to analyze Brown Advisory'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 Brown Advisory's future performance. For an informed investment choice regarding Brown Etf, refer to the following important reports:Check out Brown Advisory Correlation, Brown Advisory Volatility and Brown Advisory Alpha and Beta module to complement your research on Brown Advisory. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Brown Advisory technical etf 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, etf market cycles, or different charting patterns.