Brooge Holdings Stock Market Value
| BROG Stock | USD 1.32 0.07 5.04% |
| Symbol | Brooge |
Brooge Holdings Price To Book Ratio
Is Oil & Gas Storage & Transportation 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 Brooge Holdings. If investors know Brooge 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 Brooge Holdings 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 8.596 | Earnings Share (0.55) | Revenue Per Share 1.203 | Quarterly Revenue Growth (0.20) | Return On Assets 0.0363 |
The market value of Brooge Holdings is measured differently than its book value, which is the value of Brooge that is recorded on the company's balance sheet. Investors also form their own opinion of Brooge Holdings' value that differs from its market value or its book value, called intrinsic value, which is Brooge Holdings' 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 Brooge Holdings' market value can be influenced by many factors that don't directly affect Brooge Holdings' 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 Brooge Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Brooge Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brooge Holdings' 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.
Brooge Holdings '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 Brooge Holdings' 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 Brooge Holdings.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Brooge Holdings on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Brooge Holdings or generate 0.0% return on investment in Brooge Holdings over 360 days. Brooge Holdings is related to or competes with Teekay, Targa Resources, Teekay Tankers, Dynagas LNG, Dynagas LNG, Martin Midstream, and Genesis Energy. Brooge Energy Limited, through its subsidiaries, provides oil storage and related services at the Port of Fujairah in th... More
Brooge Holdings 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 Brooge Holdings' 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 Brooge Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.29 | |||
| Information Ratio | 0.0746 | |||
| Maximum Drawdown | 35.24 | |||
| Value At Risk | (11.18) | |||
| Potential Upside | 14.94 |
Brooge Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brooge Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brooge Holdings' standard deviation. In reality, there are many statistical measures that can use Brooge Holdings historical prices to predict the future Brooge Holdings' volatility.| Risk Adjusted Performance | 0.0804 | |||
| Jensen Alpha | 0.6407 | |||
| Total Risk Alpha | (0.55) | |||
| Sortino Ratio | 0.0746 | |||
| Treynor Ratio | 2.78 |
Brooge Holdings Backtested Returns
Brooge Holdings appears to be very risky, given 3 months investment horizon. Brooge Holdings secures Sharpe Ratio (or Efficiency) of 0.0788, which signifies that the company had a 0.0788% return per unit of risk over the last 3 months. By analyzing Brooge Holdings' technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please makes use of Brooge Holdings' Mean Deviation of 5.69, risk adjusted performance of 0.0804, and Downside Deviation of 7.29 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Brooge Holdings holds a performance score of 6. The firm shows a Beta (market volatility) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Brooge Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Brooge Holdings is expected to be smaller as well. Please check Brooge Holdings' sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Brooge Holdings' price patterns will revert.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Brooge Holdings has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Brooge Holdings time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Brooge Holdings price movement. The serial correlation of -0.73 indicates that around 73.0% of current Brooge Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Brooge Holdings lagged returns against current returns
Autocorrelation, which is Brooge Holdings 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 Brooge Holdings' stock expected returns. We can calculate the autocorrelation of Brooge Holdings returns to help us make a trade decision. For example, suppose you find that Brooge Holdings 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 |
Brooge Holdings 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 Brooge Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brooge Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brooge Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Brooge Holdings Lagged Returns
When evaluating Brooge Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brooge Holdings stock have on its future price. Brooge Holdings 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, Brooge Holdings autocorrelation shows the relationship between Brooge Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Brooge Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Brooge Holdings is a strong investment it is important to analyze Brooge Holdings' 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 Brooge Holdings' future performance. For an informed investment choice regarding Brooge Stock, refer to the following important reports:Check out Brooge Holdings Correlation, Brooge Holdings Volatility and Brooge Holdings Alpha and Beta module to complement your research on Brooge Holdings. For more detail on how to invest in Brooge Stock please use our How to Invest in Brooge Holdings guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Brooge Holdings 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.