Brookfield Global Infrastructure Stock Market Value
| BGI-UN Stock | CAD 5.07 0.04 0.80% |
| Symbol | Brookfield |
Brookfield Global Price To Book Ratio
Brookfield Global '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 Brookfield Global'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 Brookfield Global.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Brookfield Global on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Brookfield Global Infrastructure or generate 0.0% return on investment in Brookfield Global over 360 days. Brookfield Global is related to or competes with Income Financial, Dividend Select, Global Dividend, and Brompton Split. Brookfield Global Infrastructure Securities Income Fund is a close ended equity mutual fund launched by Brookfield Inves... More
Brookfield Global 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 Brookfield Global'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 Brookfield Global Infrastructure upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.4 | |||
| Information Ratio | 0.0565 | |||
| Maximum Drawdown | 6.72 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 2.15 |
Brookfield Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brookfield Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brookfield Global's standard deviation. In reality, there are many statistical measures that can use Brookfield Global historical prices to predict the future Brookfield Global's volatility.| Risk Adjusted Performance | 0.1225 | |||
| Jensen Alpha | 0.1682 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0508 | |||
| Treynor Ratio | 1.23 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Brookfield Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Brookfield Global Backtested Returns
At this point, Brookfield Global is somewhat reliable. Brookfield Global secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Brookfield Global Infrastructure, which you can use to evaluate the volatility of the firm. Please confirm Brookfield Global's Risk Adjusted Performance of 0.1225, downside deviation of 1.4, and Mean Deviation of 0.9185 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Brookfield Global has a performance score of 10 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Brookfield Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brookfield Global is expected to be smaller as well. Brookfield Global right now shows a risk of 1.27%. Please confirm Brookfield Global total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Brookfield Global will be following its price patterns.
Auto-correlation | 0.78 |
Good predictability
Brookfield Global Infrastructure has good predictability. Overlapping area represents the amount of predictability between Brookfield Global time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Brookfield Global price movement. The serial correlation of 0.78 indicates that around 78.0% of current Brookfield Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Brookfield Global lagged returns against current returns
Autocorrelation, which is Brookfield Global 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 Brookfield Global's stock expected returns. We can calculate the autocorrelation of Brookfield Global returns to help us make a trade decision. For example, suppose you find that Brookfield Global 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 |
Brookfield Global 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 Brookfield Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brookfield Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brookfield Global stock over time.
Current vs Lagged Prices |
| Timeline |
Brookfield Global Lagged Returns
When evaluating Brookfield Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brookfield Global stock have on its future price. Brookfield Global 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, Brookfield Global autocorrelation shows the relationship between Brookfield Global stock current value and its past values and can show if there is a momentum factor associated with investing in Brookfield Global Infrastructure.
Regressed Prices |
| Timeline |
Other Information on Investing in Brookfield Stock
Brookfield Global financial ratios help investors to determine whether Brookfield 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 Brookfield with respect to the benefits of owning Brookfield Global security.