Brookstone Growth Stock Etf Market Value
| BAMG Etf | 31.81 0.71 2.18% |
| Symbol | Brookstone |
The market value of Brookstone Growth Stock is measured differently than its book value, which is the value of Brookstone that is recorded on the company's balance sheet. Investors also form their own opinion of Brookstone Growth's value that differs from its market value or its book value, called intrinsic value, which is Brookstone Growth'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 Brookstone Growth's market value can be influenced by many factors that don't directly affect Brookstone Growth'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 Brookstone Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookstone Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookstone Growth'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.
Brookstone Growth '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 Brookstone Growth'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 Brookstone Growth.
| 12/29/2024 |
| 03/29/2025 |
If you would invest 0.00 in Brookstone Growth on December 29, 2024 and sell it all today you would earn a total of 0.00 from holding Brookstone Growth Stock or generate 0.0% return on investment in Brookstone Growth over 90 days. Brookstone Growth is related to or competes with JPMorgan Fundamental, Vanguard Mid, SPDR SP, SPDR SP, DBX ETF, Cambria Micro, and Invesco Actively. Brookstone Growth is entity of United States More
Brookstone Growth 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 Brookstone Growth'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 Brookstone Growth Stock upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 5.23 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 1.55 |
Brookstone Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brookstone Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brookstone Growth's standard deviation. In reality, there are many statistical measures that can use Brookstone Growth historical prices to predict the future Brookstone Growth's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.13) |
Brookstone Growth Stock Backtested Returns
Brookstone Growth Stock secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the etf had a -0.11 % return per unit of risk over the last 3 months. Brookstone Growth Stock exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brookstone Growth's Standard Deviation of 1.1, risk adjusted performance of (0.1), and Mean Deviation of 0.8463 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 1.09, which signifies a somewhat significant risk relative to the market. Brookstone Growth returns are very sensitive to returns on the market. As the market goes up or down, Brookstone Growth is expected to follow.
Auto-correlation | -0.82 |
Excellent reverse predictability
Brookstone Growth Stock has excellent reverse predictability. Overlapping area represents the amount of predictability between Brookstone Growth time series from 29th of December 2024 to 12th of February 2025 and 12th of February 2025 to 29th of March 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 Brookstone Growth Stock price movement. The serial correlation of -0.82 indicates that around 82.0% of current Brookstone Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.82 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 1.8 |
Brookstone Growth Stock lagged returns against current returns
Autocorrelation, which is Brookstone Growth 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 Brookstone Growth's etf expected returns. We can calculate the autocorrelation of Brookstone Growth returns to help us make a trade decision. For example, suppose you find that Brookstone Growth 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 |
Brookstone Growth 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 Brookstone Growth etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brookstone Growth etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brookstone Growth etf over time.
Current vs Lagged Prices |
| Timeline |
Brookstone Growth Lagged Returns
When evaluating Brookstone Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brookstone Growth etf have on its future price. Brookstone Growth 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, Brookstone Growth autocorrelation shows the relationship between Brookstone Growth etf current value and its past values and can show if there is a momentum factor associated with investing in Brookstone Growth Stock.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Brookstone Growth Stock is a strong investment it is important to analyze Brookstone Growth'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 Brookstone Growth's future performance. For an informed investment choice regarding Brookstone Etf, refer to the following important reports:Check out Brookstone Growth Correlation, Brookstone Growth Volatility and Brookstone Growth Alpha and Beta module to complement your research on Brookstone Growth. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Brookstone Growth 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.