Bruker Stock Market Value
| BRKR Stock | USD 57.95 0.43 0.74% |
| Symbol | Bruker |
Bruker Price To Book Ratio
Is Life Sciences Tools & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bruker. If investors know Bruker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bruker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Dividend Share 0.2 | Earnings Share 2.07 | Revenue Per Share 21.982 | Quarterly Revenue Growth 0.164 |
The market value of Bruker is measured differently than its book value, which is the value of Bruker that is recorded on the company's balance sheet. Investors also form their own opinion of Bruker's value that differs from its market value or its book value, called intrinsic value, which is Bruker's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bruker's market value can be influenced by many factors that don't directly affect Bruker's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bruker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bruker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bruker'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.
Bruker '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 Bruker'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 Bruker.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Bruker on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Bruker or generate 0.0% return on investment in Bruker over 720 days. Bruker is related to or competes with Orthofix Medical, Glaukos Corp, Integer Holdings, CONMED, LivaNova PLC, IRhythm Technologies, and Zimmer Biomet. Bruker Corporation develops, manufactures, and distributes scientific instruments, and analytical and diagnostic solutio... More
Bruker 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 Bruker'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 Bruker upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 12.99 | |||
| Value At Risk | (3.68) | |||
| Potential Upside | 4.74 |
Bruker Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bruker's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bruker's standard deviation. In reality, there are many statistical measures that can use Bruker historical prices to predict the future Bruker's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.15) |
Bruker Backtested Returns
Bruker secures Sharpe Ratio (or Efficiency) of -0.0611, which signifies that the company had a -0.0611% return per unit of risk over the last 3 months. Bruker exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bruker's Risk Adjusted Performance of (0.03), standard deviation of 2.7, and Mean Deviation of 2.03 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.89, which signifies possible diversification benefits within a given portfolio. Bruker returns are very sensitive to returns on the market. As the market goes up or down, Bruker is expected to follow. At this point, Bruker has a negative expected return of -0.16%. Please make sure to confirm Bruker's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Bruker performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.64 |
Good predictability
Bruker has good predictability. Overlapping area represents the amount of predictability between Bruker time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Bruker price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Bruker price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 106.39 |
Bruker lagged returns against current returns
Autocorrelation, which is Bruker 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 Bruker's stock expected returns. We can calculate the autocorrelation of Bruker returns to help us make a trade decision. For example, suppose you find that Bruker 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 |
Bruker 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 Bruker stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bruker stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bruker stock over time.
Current vs Lagged Prices |
| Timeline |
Bruker Lagged Returns
When evaluating Bruker's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bruker stock have on its future price. Bruker 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, Bruker autocorrelation shows the relationship between Bruker stock current value and its past values and can show if there is a momentum factor associated with investing in Bruker.
Regressed Prices |
| Timeline |
Pair Trading with Bruker
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 Bruker 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 Bruker will appreciate offsetting losses from the drop in the long position's value.Moving together with Bruker Stock
| 0.86 | A | Agilent Technologies Sell-off Trend | PairCorr |
| 0.88 | ME | 23Andme Holding Upward Rally | PairCorr |
| 0.65 | VALN | Valneva SE ADR | PairCorr |
Moving against Bruker Stock
| 0.78 | DRUG | Bright Minds Biosciences Trending | PairCorr |
| 0.63 | VANI | Vivani Medical | PairCorr |
| 0.58 | VCYT | Veracyte | PairCorr |
| 0.57 | VCEL | Vericel Corp Ord | PairCorr |
| 0.5 | VERA | Vera Therapeutics | PairCorr |
The ability to find closely correlated positions to Bruker could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bruker 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 Bruker - 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 Bruker to buy it.
The correlation of Bruker 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 Bruker moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bruker 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 Bruker 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.Additional Tools for Bruker Stock Analysis
When running Bruker's price analysis, check to measure Bruker's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bruker is operating at the current time. Most of Bruker's value examination focuses on studying past and present price action to predict the probability of Bruker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bruker's price. Additionally, you may evaluate how the addition of Bruker to your portfolios can decrease your overall portfolio volatility.