Brembo Spa Stock Market Value
| BRBOF Stock | USD 9.57 0.49 5.40% |
| Symbol | Brembo |
Brembo SpA '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 Brembo SpA's otc 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 Brembo SpA.
| 05/16/2024 |
| 12/12/2024 |
If you would invest 0.00 in Brembo SpA on May 16, 2024 and sell it all today you would earn a total of 0.00 from holding Brembo SpA or generate 0.0% return on investment in Brembo SpA over 210 days. Brembo SpA is related to or competes with Compagnie Generale, Bridgestone Corp, Adient PLC, ECARX Holdings, Allison Transmission, Aptiv PLC, and LKQ. Brembo S.p.A., together with its subsidiaries, designs, develops, produces, and sells braking systems and components for... More
Brembo SpA 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 Brembo SpA's otc 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 Brembo SpA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 22.5 | |||
| Value At Risk | (3.70) |
Brembo SpA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brembo SpA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brembo SpA's standard deviation. In reality, there are many statistical measures that can use Brembo SpA historical prices to predict the future Brembo SpA's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (0.51) |
Brembo SpA Backtested Returns
Brembo SpA secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of standard deviation over the last 3 months. Brembo SpA exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brembo SpA's risk adjusted performance of (0.09), and Mean Deviation of 0.8697 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.62, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Brembo SpA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brembo SpA is expected to be smaller as well. At this point, Brembo SpA has a negative expected return of -0.32%. Please make sure to confirm Brembo SpA's value at risk, and the relationship between the variance and rate of daily change , to decide if Brembo SpA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.34 |
Below average predictability
Brembo SpA has below average predictability. Overlapping area represents the amount of predictability between Brembo SpA time series from 16th of May 2024 to 29th of August 2024 and 29th of August 2024 to 12th 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 Brembo SpA price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Brembo SpA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.76 |
Brembo SpA lagged returns against current returns
Autocorrelation, which is Brembo SpA otc 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 Brembo SpA's otc stock expected returns. We can calculate the autocorrelation of Brembo SpA returns to help us make a trade decision. For example, suppose you find that Brembo SpA has exhibited high autocorrelation historically, and you observe that the otc 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 |
Brembo SpA 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 Brembo SpA otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brembo SpA otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brembo SpA otc stock over time.
Current vs Lagged Prices |
| Timeline |
Brembo SpA Lagged Returns
When evaluating Brembo SpA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brembo SpA otc stock have on its future price. Brembo SpA 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, Brembo SpA autocorrelation shows the relationship between Brembo SpA otc stock current value and its past values and can show if there is a momentum factor associated with investing in Brembo SpA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Brembo OTC Stock
Brembo SpA financial ratios help investors to determine whether Brembo OTC 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 Brembo with respect to the benefits of owning Brembo SpA security.