Green Brick Partners Preferred Stock Market Value

GRBK-PA Preferred Stock   23.13  0.02  0.09%   
Green Brick's market value is the price at which a share of Green Brick trades on a public exchange. It measures the collective expectations of Green Brick Partners investors about its performance. Green Brick is trading at 23.13 as of the 23rd of December 2024, a 0.09% down since the beginning of the trading day. The preferred stock's open price was 23.15.
With this module, you can estimate the performance of a buy and hold strategy of Green Brick Partners and determine expected loss or profit from investing in Green Brick over a given investment horizon. Check out Green Brick Correlation, Green Brick Volatility and Green Brick Alpha and Beta module to complement your research on Green Brick.
Symbol

Please note, there is a significant difference between Green Brick's value and its price as these two are different measures arrived at by different means. Investors typically determine if Green Brick is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Green Brick'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.

Green Brick '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 Green Brick'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 Green Brick.
0.00
11/23/2024
No Change 0.00  0.0 
In 31 days
12/23/2024
0.00
If you would invest  0.00  in Green Brick on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Green Brick Partners or generate 0.0% return on investment in Green Brick over 30 days. Green Brick is related to or competes with Global Medical, Global Net, Hartford Financial, Saul Centers, and Gabelli Multimedia. More

Green Brick 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 Green Brick'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 Green Brick Partners upside and downside potential and time the market with a certain degree of confidence.

Green Brick Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Green Brick's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Green Brick's standard deviation. In reality, there are many statistical measures that can use Green Brick historical prices to predict the future Green Brick's volatility.
Hype
Prediction
LowEstimatedHigh
22.2223.1324.04
Details
Intrinsic
Valuation
LowRealHigh
19.4020.3125.44
Details

Green Brick Partners Backtested Returns

Green Brick Partners holds Efficiency (Sharpe) Ratio of -0.0198, which attests that the entity had a -0.0198% return per unit of risk over the last 3 months. Green Brick Partners exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Green Brick's Risk Adjusted Performance of (0.02), market risk adjusted performance of 0.2566, and Standard Deviation of 0.9037 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Green Brick are expected to decrease at a much lower rate. During the bear market, Green Brick is likely to outperform the market. At this point, Green Brick Partners has a negative expected return of -0.018%. Please make sure to check out Green Brick's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Green Brick Partners performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.03  

Virtually no predictability

Green Brick Partners has virtually no predictability. Overlapping area represents the amount of predictability between Green Brick time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 Green Brick Partners price movement. The serial correlation of 0.03 indicates that only 3.0% of current Green Brick price fluctuation can be explain by its past prices.
Correlation Coefficient0.03
Spearman Rank Test-0.2
Residual Average0.0
Price Variance0.0

Green Brick Partners lagged returns against current returns

Autocorrelation, which is Green Brick 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 Green Brick's preferred stock expected returns. We can calculate the autocorrelation of Green Brick returns to help us make a trade decision. For example, suppose you find that Green Brick 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  

Green Brick 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 Green Brick preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Green Brick preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Green Brick preferred stock over time.
   Current vs Lagged Prices   
       Timeline  

Green Brick Lagged Returns

When evaluating Green Brick's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Green Brick preferred stock have on its future price. Green Brick 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, Green Brick autocorrelation shows the relationship between Green Brick preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Green Brick Partners.
   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 Green Preferred Stock

Green Brick financial ratios help investors to determine whether Green 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 Green with respect to the benefits of owning Green Brick security.