Brinks Co 4625 Market Value
| 109696AA2 | 92.09 5.48 5.62% |
| Symbol | Brinks |
Brinks '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 Brinks' bond 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 Brinks.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in Brinks on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding Brinks Co 4625 or generate 0.0% return on investment in Brinks over 30 days. Brinks is related to or competes with Definitive Healthcare, Iridium Communications, Cheche Group, Zhihu, Reservoir Media, and CDW Corp. More
Brinks 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 Brinks' bond 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 Brinks Co 4625 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 10.8 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 0.6302 |
Brinks Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brinks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brinks' standard deviation. In reality, there are many statistical measures that can use Brinks historical prices to predict the future Brinks' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (1.89) |
Brinks Co 4625 Backtested Returns
Brinks Co 4625 secures Sharpe Ratio (or Efficiency) of -0.0873, which signifies that the bond had a -0.0873 % return per unit of risk over the last 3 months. Brinks Co 4625 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brinks' Mean Deviation of 0.5373, standard deviation of 1.3, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0537, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Brinks' returns are expected to increase less than the market. However, during the bear market, the loss of holding Brinks is expected to be smaller as well.
Auto-correlation | 0.45 |
Average predictability
Brinks Co 4625 has average predictability. Overlapping area represents the amount of predictability between Brinks time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 to 24th of January 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 Brinks Co 4625 price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Brinks price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Brinks Co 4625 lagged returns against current returns
Autocorrelation, which is Brinks bond'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 Brinks' bond expected returns. We can calculate the autocorrelation of Brinks returns to help us make a trade decision. For example, suppose you find that Brinks has exhibited high autocorrelation historically, and you observe that the bond 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 |
Brinks 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 Brinks bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brinks bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brinks bond over time.
Current vs Lagged Prices |
| Timeline |
Brinks Lagged Returns
When evaluating Brinks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brinks bond have on its future price. Brinks 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, Brinks autocorrelation shows the relationship between Brinks bond current value and its past values and can show if there is a momentum factor associated with investing in Brinks Co 4625.
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 Brinks Bond
Brinks financial ratios help investors to determine whether Brinks Bond 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 Brinks with respect to the benefits of owning Brinks security.