Brookstone Yield Etf Market Value
| BAMY Etf | 27.38 0.03 0.11% |
| Symbol | Brookstone |
The market value of Brookstone Yield ETF is measured differently than its book value, which is the value of Brookstone that is recorded on the company's balance sheet. Investors also form their own opinion of Brookstone Yield's value that differs from its market value or its book value, called intrinsic value, which is Brookstone Yield'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 Brookstone Yield's market value can be influenced by many factors that don't directly affect Brookstone Yield'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 Brookstone Yield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookstone Yield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookstone Yield'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.
Brookstone Yield '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 Brookstone Yield's etf 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 Brookstone Yield.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Brookstone Yield on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Brookstone Yield ETF or generate 0.0% return on investment in Brookstone Yield over 90 days. Brookstone Yield is related to or competes with First Trust, Vanguard Intermediate, Vanguard Long, Vanguard Short, and IDX Dynamic. Brookstone Yield is entity of United States More
Brookstone Yield 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 Brookstone Yield's etf 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 Brookstone Yield ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.337 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 1.74 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.6364 |
Brookstone Yield Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brookstone Yield's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brookstone Yield's standard deviation. In reality, there are many statistical measures that can use Brookstone Yield historical prices to predict the future Brookstone Yield's volatility.| Risk Adjusted Performance | 0.3173 | |||
| Jensen Alpha | 0.0745 | |||
| Total Risk Alpha | 0.0641 | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.3939 |
Brookstone Yield ETF Backtested Returns
At this stage we consider Brookstone Etf to be very steady. Brookstone Yield ETF secures Sharpe Ratio (or Efficiency) of 0.4, which signifies that the etf had a 0.4 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Brookstone Yield ETF, which you can use to evaluate the volatility of the entity. Please confirm Brookstone Yield's Risk Adjusted Performance of 0.3173, mean deviation of 0.2417, and Coefficient Of Variation of 278.94 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. The etf shows a Beta (market volatility) of 0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Brookstone Yield's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brookstone Yield is expected to be smaller as well.
Auto-correlation | 0.80 |
Very good predictability
Brookstone Yield ETF has very good predictability. Overlapping area represents the amount of predictability between Brookstone Yield time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Brookstone Yield ETF price movement. The serial correlation of 0.8 indicates that around 80.0% of current Brookstone Yield price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Brookstone Yield ETF lagged returns against current returns
Autocorrelation, which is Brookstone Yield etf'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 Brookstone Yield's etf expected returns. We can calculate the autocorrelation of Brookstone Yield returns to help us make a trade decision. For example, suppose you find that Brookstone Yield has exhibited high autocorrelation historically, and you observe that the etf 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 |
Brookstone Yield 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 Brookstone Yield etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brookstone Yield etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brookstone Yield etf over time.
Current vs Lagged Prices |
| Timeline |
Brookstone Yield Lagged Returns
When evaluating Brookstone Yield's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brookstone Yield etf have on its future price. Brookstone Yield 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, Brookstone Yield autocorrelation shows the relationship between Brookstone Yield etf current value and its past values and can show if there is a momentum factor associated with investing in Brookstone Yield ETF.
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.When determining whether Brookstone Yield ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brookstone Yield's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brookstone Yield Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Brookstone Yield Etf:Check out Brookstone Yield Correlation, Brookstone Yield Volatility and Brookstone Yield Alpha and Beta module to complement your research on Brookstone Yield. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Brookstone Yield technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.