Brown Brown (Germany) Market Value
| BTW Stock | EUR 99.00 0.00 0.00% |
| Symbol | Brown |
Brown Brown '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 Brown'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 Brown Brown.
| 06/29/2024 |
| 12/26/2024 |
If you would invest 0.00 in Brown Brown on June 29, 2024 and sell it all today you would earn a total of 0.00 from holding Brown Brown or generate 0.0% return on investment in Brown Brown over 180 days. Brown Brown is related to or competes with XTANT MEDICAL, CompuGroup Medical, Compugroup Medical, MEDICAL FACILITIES, CAREER EDUCATION, G8 EDUCATION, and AVITA Medical. Brown Brown, Inc. markets and sells insurance products and services in the United States, England, Canada, Bermuda, and ... More
Brown Brown 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 Brown'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 Brown Brown upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.38 | |||
| Information Ratio | 0.0676 | |||
| Maximum Drawdown | 9.62 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 2.26 |
Brown Brown Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brown Brown's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brown Brown's standard deviation. In reality, there are many statistical measures that can use Brown Brown historical prices to predict the future Brown Brown's volatility.| Risk Adjusted Performance | 0.0828 | |||
| Jensen Alpha | 0.1117 | |||
| Total Risk Alpha | 0.0703 | |||
| Sortino Ratio | 0.0724 | |||
| Treynor Ratio | 0.2058 |
Brown Brown Backtested Returns
At this point, Brown Brown is very steady. Brown Brown secures Sharpe Ratio (or Efficiency) of 0.0864, which signifies that the company had a 0.0864% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Brown Brown, which you can use to evaluate the volatility of the firm. Please confirm Brown Brown's Downside Deviation of 1.38, risk adjusted performance of 0.0828, and Mean Deviation of 1.07 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. Brown Brown has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.65, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Brown Brown's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brown Brown is expected to be smaller as well. Brown Brown right now shows a risk of 1.5%. Please confirm Brown Brown maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to decide if Brown Brown will be following its price patterns.
Auto-correlation | 0.76 |
Good predictability
Brown Brown has good predictability. Overlapping area represents the amount of predictability between Brown Brown time series from 29th of June 2024 to 27th of September 2024 and 27th of September 2024 to 26th 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 Brown price movement. The serial correlation of 0.76 indicates that around 76.0% of current Brown Brown price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 22.51 |
Brown Brown lagged returns against current returns
Autocorrelation, which is Brown Brown 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 Brown Brown's stock expected returns. We can calculate the autocorrelation of Brown Brown returns to help us make a trade decision. For example, suppose you find that Brown Brown 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 |
Brown Brown 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 Brown stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brown Brown stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brown Brown stock over time.
Current vs Lagged Prices |
| Timeline |
Brown Brown Lagged Returns
When evaluating Brown Brown's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brown Brown stock have on its future price. Brown Brown 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 Brown autocorrelation shows the relationship between Brown Brown stock current value and its past values and can show if there is a momentum factor associated with investing in Brown Brown.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Brown Stock
When determining whether Brown Brown offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brown Brown's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brown Brown Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brown Brown Stock:Check out Brown Brown Correlation, Brown Brown Volatility and Brown Brown Alpha and Beta module to complement your research on Brown Brown. For more detail on how to invest in Brown Stock please use our How to Invest in Brown Brown guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Brown Brown 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.