Brompton Split Banc Stock Market Value
| SBC Stock | CAD 9.84 0.04 0.40% |
| Symbol | Brompton |
Brompton Split Banc Price To Book Ratio
Brompton Split '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 Brompton Split'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 Brompton Split.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Brompton Split on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Brompton Split Banc or generate 0.0% return on investment in Brompton Split over 30 days. Brompton Split is related to or competes with Global Dividend, Life Banc, E Split, Real Estate, and Dividend Growth. Brompton Split Banc Corp. is a close-ended equity mutual fund launched and managed by Brompton Funds Limited More
Brompton Split 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 Brompton Split'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 Brompton Split Banc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 5.37 | |||
| Value At Risk | (2.34) | |||
| Potential Upside | 1.7 |
Brompton Split Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brompton Split's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brompton Split's standard deviation. In reality, there are many statistical measures that can use Brompton Split historical prices to predict the future Brompton Split's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.16) |
Brompton Split Banc Backtested Returns
Brompton Split Banc secures Sharpe Ratio (or Efficiency) of -0.0959, which signifies that the company had a -0.0959 % return per unit of risk over the last 3 months. Brompton Split Banc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brompton Split's Standard Deviation of 1.1, mean deviation of 0.8146, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Brompton Split's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brompton Split is expected to be smaller as well. At this point, Brompton Split Banc has a negative expected return of -0.1%. Please make sure to confirm Brompton Split's accumulation distribution, and the relationship between the potential upside and day median price , to decide if Brompton Split Banc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.82 |
Excellent reverse predictability
Brompton Split Banc has excellent reverse predictability. Overlapping area represents the amount of predictability between Brompton Split time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Brompton Split Banc price movement. The serial correlation of -0.82 indicates that around 82.0% of current Brompton Split price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.82 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Brompton Split Banc lagged returns against current returns
Autocorrelation, which is Brompton Split 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 Brompton Split's stock expected returns. We can calculate the autocorrelation of Brompton Split returns to help us make a trade decision. For example, suppose you find that Brompton Split 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 |
Brompton Split 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 Brompton Split stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brompton Split stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brompton Split stock over time.
Current vs Lagged Prices |
| Timeline |
Brompton Split Lagged Returns
When evaluating Brompton Split's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brompton Split stock have on its future price. Brompton Split 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, Brompton Split autocorrelation shows the relationship between Brompton Split stock current value and its past values and can show if there is a momentum factor associated with investing in Brompton Split Banc.
Regressed Prices |
| Timeline |
Pair Trading with Brompton Split
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brompton Split position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brompton Split will appreciate offsetting losses from the drop in the long position's value.Moving against Brompton Stock
| 0.65 | FFH-PM | Fairfax Financial | PairCorr |
| 0.62 | ELF-PH | E L Financial Earnings Call This Week | PairCorr |
| 0.47 | FFH-PH | Fairfax Financial | PairCorr |
| 0.45 | GOOG | Alphabet CDR | PairCorr |
| 0.32 | ELF | E L Financial Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Brompton Split could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brompton Split when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brompton Split - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brompton Split Banc to buy it.
The correlation of Brompton Split is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brompton Split moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brompton Split Banc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brompton Split can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Brompton Stock
Brompton Split financial ratios help investors to determine whether Brompton 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 Brompton with respect to the benefits of owning Brompton Split security.