Brookline Bancorp Stock Market Value
| BRKL Stock | USD 12.59 0.15 1.18% |
| Symbol | Brookline |
Brookline Bancorp Price To Book Ratio
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brookline Bancorp. If investors know Brookline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brookline Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Dividend Share 0.54 | Earnings Share 0.83 | Revenue Per Share 3.754 | Quarterly Revenue Growth (0.02) |
The market value of Brookline Bancorp is measured differently than its book value, which is the value of Brookline that is recorded on the company's balance sheet. Investors also form their own opinion of Brookline Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Brookline Bancorp'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 Brookline Bancorp's market value can be influenced by many factors that don't directly affect Brookline Bancorp'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 Brookline Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookline Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookline Bancorp'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.
Brookline Bancorp '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 Brookline Bancorp'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 Brookline Bancorp.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Brookline Bancorp on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding Brookline Bancorp or generate 0.0% return on investment in Brookline Bancorp over 540 days. Brookline Bancorp is related to or competes with Heritage Commerce, Eastern Bankshares, HarborOne Bancorp, Kearny Financial, Equity Bancshares,, Heritage Financial, and FVCBankcorp. Brookline Bancorp, Inc. operates as a bank holding company for the Brookline Bank that provide commercial, business, and... More
Brookline Bancorp 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 Brookline Bancorp'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 Brookline Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.45 | |||
| Information Ratio | 0.1107 | |||
| Maximum Drawdown | 14.18 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 3.72 |
Brookline Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brookline Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brookline Bancorp's standard deviation. In reality, there are many statistical measures that can use Brookline Bancorp historical prices to predict the future Brookline Bancorp's volatility.| Risk Adjusted Performance | 0.1414 | |||
| Jensen Alpha | 0.1262 | |||
| Total Risk Alpha | 0.0103 | |||
| Sortino Ratio | 0.1595 | |||
| Treynor Ratio | 0.1968 |
Brookline Bancorp Backtested Returns
Brookline Bancorp appears to be not too volatile, given 3 months investment horizon. Brookline Bancorp secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Brookline Bancorp, which you can use to evaluate the volatility of the firm. Please makes use of Brookline Bancorp's Risk Adjusted Performance of 0.1414, mean deviation of 1.37, and Downside Deviation of 1.45 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Brookline Bancorp holds a performance score of 14. The firm shows a Beta (market volatility) of 1.82, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Brookline Bancorp will likely underperform. Please check Brookline Bancorp's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Brookline Bancorp's price patterns will revert.
Auto-correlation | 0.34 |
Below average predictability
Brookline Bancorp has below average predictability. Overlapping area represents the amount of predictability between Brookline Bancorp time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th 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 Brookline Bancorp price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Brookline Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 1.29 |
Brookline Bancorp lagged returns against current returns
Autocorrelation, which is Brookline Bancorp 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 Brookline Bancorp's stock expected returns. We can calculate the autocorrelation of Brookline Bancorp returns to help us make a trade decision. For example, suppose you find that Brookline Bancorp 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 |
Brookline Bancorp 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 Brookline Bancorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brookline Bancorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brookline Bancorp stock over time.
Current vs Lagged Prices |
| Timeline |
Brookline Bancorp Lagged Returns
When evaluating Brookline Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brookline Bancorp stock have on its future price. Brookline Bancorp 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, Brookline Bancorp autocorrelation shows the relationship between Brookline Bancorp stock current value and its past values and can show if there is a momentum factor associated with investing in Brookline Bancorp.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Brookline Bancorp Correlation, Brookline Bancorp Volatility and Brookline Bancorp Alpha and Beta module to complement your research on Brookline Bancorp. For more information on how to buy Brookline Stock please use our How to buy in Brookline Stock guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Brookline Bancorp 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.