Green Brick Partners Preferred Stock Market Value
| GRBK-PA Preferred Stock | 23.13 0.02 0.09% |
| Symbol | Green |
Green Brick '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 Green Brick's preferred 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 Green Brick.
| 10/23/2024 |
| 12/22/2024 |
If you would invest 0.00 in Green Brick on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Green Brick Partners or generate 0.0% return on investment in Green Brick over 60 days. Green Brick is related to or competes with Global Medical, Global Net, Hartford Financial, Saul Centers, and Gabelli Multimedia. More
Green Brick 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 Green Brick's preferred 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 Green Brick Partners upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.48 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 1.23 |
Green Brick Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Green Brick's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Green Brick's standard deviation. In reality, there are many statistical measures that can use Green Brick historical prices to predict the future Green Brick's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.2466 |
Green Brick Partners Backtested Returns
Green Brick Partners holds Efficiency (Sharpe) Ratio of -0.0324, which attests that the entity had a -0.0324% return per unit of risk over the last 3 months. Green Brick Partners exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Green Brick's Standard Deviation of 0.9037, market risk adjusted performance of 0.2566, and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Green Brick are expected to decrease at a much lower rate. During the bear market, Green Brick is likely to outperform the market. At this point, Green Brick Partners has a negative expected return of -0.0295%. Please make sure to check out Green Brick's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Green Brick Partners performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.58 |
Good reverse predictability
Green Brick Partners has good reverse predictability. Overlapping area represents the amount of predictability between Green Brick time series from 23rd of October 2024 to 22nd of November 2024 and 22nd of November 2024 to 22nd 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 Green Brick Partners price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Green Brick price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Green Brick Partners lagged returns against current returns
Autocorrelation, which is Green Brick preferred 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 Green Brick's preferred stock expected returns. We can calculate the autocorrelation of Green Brick returns to help us make a trade decision. For example, suppose you find that Green Brick has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Green Brick 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 Green Brick preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Green Brick preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Green Brick preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Green Brick Lagged Returns
When evaluating Green Brick's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Green Brick preferred stock have on its future price. Green Brick 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, Green Brick autocorrelation shows the relationship between Green Brick preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Green Brick Partners.
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 Green Preferred Stock
Green Brick financial ratios help investors to determine whether Green Preferred 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 Green with respect to the benefits of owning Green Brick security.