Brunswick Corp Preferred Stock Market Value
| BC-PB Preferred Stock | USD 24.94 0.09 0.36% |
| Symbol | Brunswick |
Brunswick Corp '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 Brunswick Corp's preferred 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 Brunswick Corp.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Brunswick Corp on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Brunswick Corp or generate 0.0% return on investment in Brunswick Corp over 30 days. Brunswick Corp is related to or competes with BRP, Vision Marine, EZGO Technologies, Harley Davidson, Brunswick Corp, Polaris Industries, and Ree Automotive. More
Brunswick Corp 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 Brunswick Corp's preferred 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 Brunswick Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5013 | |||
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 2.34 | |||
| Value At Risk | (0.83) | |||
| Potential Upside | 0.8646 |
Brunswick Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brunswick Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brunswick Corp's standard deviation. In reality, there are many statistical measures that can use Brunswick Corp historical prices to predict the future Brunswick Corp's volatility.| Risk Adjusted Performance | 0.0482 | |||
| Jensen Alpha | 0.0311 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | (0.47) |
Brunswick Corp Backtested Returns
At this point, Brunswick Corp is very steady. Brunswick Corp secures Sharpe Ratio (or Efficiency) of 0.0854, which signifies that the company had a 0.0854% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Brunswick Corp, which you can use to evaluate the volatility of the firm. Please confirm Brunswick Corp's Mean Deviation of 0.3948, risk adjusted performance of 0.0482, and Downside Deviation of 0.5013 to double-check if the risk estimate we provide is consistent with the expected return of 0.0432%. Brunswick Corp has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0528, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Brunswick Corp are expected to decrease at a much lower rate. During the bear market, Brunswick Corp is likely to outperform the market. Brunswick Corp right now shows a risk of 0.51%. Please confirm Brunswick Corp sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if Brunswick Corp will be following its price patterns.
Auto-correlation | 0.02 |
Virtually no predictability
Brunswick Corp has virtually no predictability. Overlapping area represents the amount of predictability between Brunswick Corp time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Brunswick Corp price movement. The serial correlation of 0.02 indicates that only 2.0% of current Brunswick Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Brunswick Corp lagged returns against current returns
Autocorrelation, which is Brunswick Corp preferred 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 Brunswick Corp's preferred stock expected returns. We can calculate the autocorrelation of Brunswick Corp returns to help us make a trade decision. For example, suppose you find that Brunswick Corp has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Brunswick Corp 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 Brunswick Corp preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brunswick Corp preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brunswick Corp preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Brunswick Corp Lagged Returns
When evaluating Brunswick Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brunswick Corp preferred stock have on its future price. Brunswick Corp 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, Brunswick Corp autocorrelation shows the relationship between Brunswick Corp preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Brunswick Corp.
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.Other Information on Investing in Brunswick Preferred Stock
Brunswick Corp financial ratios help investors to determine whether Brunswick Preferred 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 Brunswick with respect to the benefits of owning Brunswick Corp security.