Brookside Energy Stock Market Value
| RDFEF Stock | USD 0.33 0.00 0.00% |
| Symbol | Brookside |
Brookside Energy '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 Brookside Energy's pink sheet 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 Brookside Energy.
| 10/01/2024 |
| 12/30/2024 |
If you would invest 0.00 in Brookside Energy on October 1, 2024 and sell it all today you would earn a total of 0.00 from holding Brookside Energy or generate 0.0% return on investment in Brookside Energy over 90 days. Brookside Energy Limited, together with its subsidiaries, engages in the exploration, production, and appraisal of oil a... More
Brookside Energy 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 Brookside Energy's pink sheet 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 Brookside Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1249 | |||
| Maximum Drawdown | 599983.33 | |||
| Value At Risk | (21.18) | |||
| Potential Upside | 26.87 |
Brookside Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brookside Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brookside Energy's standard deviation. In reality, there are many statistical measures that can use Brookside Energy historical prices to predict the future Brookside Energy's volatility.| Risk Adjusted Performance | 0.1096 | |||
| Jensen Alpha | 9302.62 | |||
| Total Risk Alpha | 7166.07 | |||
| Treynor Ratio | (2.52) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Brookside Energy'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.
Brookside Energy Backtested Returns
Brookside Energy is out of control given 3 months investment horizon. Brookside Energy secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We were able to analyze and collect data for eighteen different technical indicators, which can help you to evaluate if expected returns of 29.98% are justified by taking the suggested risk. Use Brookside Energy Standard Deviation of 73834.08, risk adjusted performance of 0.1096, and Mean Deviation of 17899.35 to evaluate company specific risk that cannot be diversified away. Brookside Energy holds a performance score of 13 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -3653.62, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Brookside Energy are expected to decrease by larger amounts. On the other hand, during market turmoil, Brookside Energy is expected to outperform it. Use Brookside Energy jensen alpha, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to analyze future returns on Brookside Energy.
Auto-correlation | 0.21 |
Weak predictability
Brookside Energy has weak predictability. Overlapping area represents the amount of predictability between Brookside Energy time series from 1st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Brookside Energy price movement. The serial correlation of 0.21 indicates that over 21.0% of current Brookside Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Brookside Energy lagged returns against current returns
Autocorrelation, which is Brookside Energy pink sheet'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 Brookside Energy's pink sheet expected returns. We can calculate the autocorrelation of Brookside Energy returns to help us make a trade decision. For example, suppose you find that Brookside Energy has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Brookside Energy 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 Brookside Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brookside Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brookside Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Brookside Energy Lagged Returns
When evaluating Brookside Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brookside Energy pink sheet have on its future price. Brookside Energy 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, Brookside Energy autocorrelation shows the relationship between Brookside Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Brookside Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Brookside Pink Sheet
Brookside Energy financial ratios help investors to determine whether Brookside Pink Sheet 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 Brookside with respect to the benefits of owning Brookside Energy security.