Brenmiller Stock Volatility

BNRG
 Stock
  

USD 1.63  0.02  1.21%   

Brenmiller Energy secures Sharpe Ratio (or Efficiency) of -0.24, which signifies that the company had -0.24% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Brenmiller Energy exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Brenmiller Energy risk adjusted performance of (0.35), and Mean Deviation of 3.76 to double-check the risk estimate we provide.
  
Brenmiller Energy Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Brenmiller daily returns, and it is calculated using variance and standard deviation. We also use Brenmiller's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Brenmiller Energy volatility.

720 Days Market Risk

Dangerous

Chance of Distress

Below Average

720 Days Economic Sensitivity

Follows the market closely
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Brenmiller Energy can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Brenmiller Energy at lower prices. For example, an investor can purchase Brenmiller stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Brenmiller Energy's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.

Moving together with Brenmiller Energy

+0.72ADNAdvent TechnologiesPairCorr
+0.88AQNAlgonquin Power UtilitiesPairCorr
+0.89AQNUAlgonquin Power UtilitiesPairCorr
+0.82ELLOEllomay CapitalPairCorr

Moving against Brenmiller Energy

-0.71AESAESPairCorr
-0.68ALEAllete IncPairCorr
-0.66EEExcelerate EnergyPairCorr
-0.55ARISAris Water SolutionsPairCorr

Brenmiller Energy Market Sensitivity And Downside Risk

Brenmiller Energy's beta coefficient measures the volatility of Brenmiller stock compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Brenmiller stock's returns against your selected market. In other words, Brenmiller Energy's beta of 0.67 provides an investor with an approximation of how much risk Brenmiller Energy stock can potentially add to one of your existing portfolios.
Brenmiller Energy exhibits very low volatility with skewness of 0.05 and kurtosis of 0.81. However, we advise investors to further study Brenmiller Energy technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Brenmiller Energy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Brenmiller Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
3 Months Beta |Analyze Brenmiller Energy Demand Trend
Check current 90 days Brenmiller Energy correlation with market (NYSE Composite)

Brenmiller Beta

    
  0.67  
Brenmiller standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

    
  5.1  
It is essential to understand the difference between upside risk (as represented by Brenmiller Energy's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Brenmiller Energy's daily returns or price. Since the actual investment returns on holding a position in brenmiller stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Brenmiller Energy.

Brenmiller Energy Stock Volatility Analysis

Volatility refers to the frequency at which Brenmiller Energy stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Brenmiller Energy's price changes. Investors will then calculate the volatility of Brenmiller Energy's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Brenmiller Energy's volatility:

Historical Volatility

This type of stock volatility measures Brenmiller Energy's fluctuations based on previous trends. It's commonly used to predict Brenmiller Energy's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Brenmiller Energy's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Brenmiller Energy's to be redeemed at a future date.
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Brenmiller Energy Typical Price indicator is an average of each day price and can be used instead of closing price when creating different Brenmiller Energy moving average lines.
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Brenmiller Energy Projected Return Density Against Market

Given the investment horizon of 90 days Brenmiller Energy has a beta of 0.6679 suggesting as returns on the market go up, Brenmiller Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Brenmiller Energy will be expected to be much smaller as well.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Brenmiller Energy or Utilities sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Brenmiller Energy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Brenmiller stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Brenmiller Energy is significantly underperforming NYSE Composite.
   Predicted Return Density   
       Returns  
Brenmiller Energy's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how brenmiller stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a Brenmiller Energy Price Volatility?

Several factors can influence a Stock's stock volatility:

Industry

Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.

Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.

The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

Brenmiller Energy Stock Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Brenmiller Energy or Utilities sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Brenmiller Energy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Brenmiller stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision. Given the investment horizon of 90 days the coefficient of variation of Brenmiller Energy is -421.14. The daily returns are distributed with a variance of 26.05 and standard deviation of 5.1. The mean deviation of Brenmiller Energy is currently at 3.83. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 1.5
α
Alpha over NYSE Composite
-1.25
β
Beta against NYSE Composite0.67
σ
Overall volatility
5.10
Ir
Information ratio -0.25

Brenmiller Energy Stock Return Volatility

Brenmiller Energy historical daily return volatility represents how much of Brenmiller Energy stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 5.1039% risk (volatility on return distribution) over the 90 days horizon. By contrast, NYSE Composite accepts 1.5114% volatility on return distribution over the 90 days horizon.
 Performance (%) 
       Timeline  

About Brenmiller Energy Volatility

Volatility is a rate at which the price of Brenmiller Energy or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Brenmiller Energy may increase or decrease. In other words, similar to Brenmiller's beta indicator, it measures the risk of Brenmiller Energy and helps estimate the fluctuations that may happen in a short period of time. So if prices of Brenmiller Energy fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.
Brenmiller Energy Ltd. engages in development, production, marketing, and sale of thermal energy storage systems based on technology that enables heat storage at high temperatures in crushed volcanic rock. Brenmiller Energy Ltd was incorporated in 2012 and is based in Rosh HaAyin, Israel. Brenmiller Energy operates under UtilitiesRenewable classification in the United States and is traded on NASDAQ Exchange. It employs 70 people.

Brenmiller Energy Investment Opportunity

Brenmiller Energy has a volatility of 5.1 and is 3.38 times more volatile than NYSE Composite. 44  of all equities and portfolios are less risky than Brenmiller Energy. Compared to the overall equity markets, volatility of historical daily returns of Brenmiller Energy is lower than 44 () of all global equities and portfolios over the last 90 days. Use Brenmiller Energy to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Brenmiller Energy to be traded at $1.5811 in 90 days.

Modest diversification

The correlation between Brenmiller Energy Ltd and NYA is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brenmiller Energy Ltd and NYA in the same portfolio, assuming nothing else is changed.

Brenmiller Energy Additional Risk Indicators

The analysis of Brenmiller Energy's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Brenmiller Energy's investment and either accepting that risk or mitigating it. Along with some common measures of Brenmiller Energy stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Brenmiller Energy Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Brenmiller Energy as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Brenmiller Energy's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Brenmiller Energy's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Brenmiller Energy.
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Is Brenmiller Energy's industry 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 Brenmiller Energy. If investors know Brenmiller 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 Brenmiller Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
25.1 M
Quarterly Revenue Growth YOY
4.263
Return On Assets
(0.41) 
Return On Equity
(2.00) 
The market value of Brenmiller Energy is measured differently than its book value, which is the value of Brenmiller that is recorded on the company's balance sheet. Investors also form their own opinion of Brenmiller Energy's value that differs from its market value or its book value, called intrinsic value, which is Brenmiller Energy'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 Brenmiller Energy's market value can be influenced by many factors that don't directly affect Brenmiller Energy'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 Brenmiller Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Brenmiller Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brenmiller Energy'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.