Brickell Stock Market Value

BBI -  USA Stock  

USD 0.12  0.01  7.69%

Brickell Biotech's market value is the price at which a share of Brickell Biotech stock trades on a public exchange. It measures the collective expectations of Brickell Biotech investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Brickell Biotech and determine expected loss or profit from investing in Brickell Biotech over a given investment horizon. Continue to Brickell Biotech Hype Analysis, Brickell Biotech Correlation, Brickell Biotech Valuation, Brickell Biotech Volatility, as well as analyze Brickell Biotech Alpha and Beta and Brickell Biotech Performance.
Symbol
Backtest


Is Brickell Biotech'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 Brickell Biotech. If investors know Brickell 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 Brickell Biotech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
14.5 M
Quarterly Revenue Growth YOY
4.41
Return On Assets
-0.85
Return On Equity
-1.76
The market value of Brickell Biotech is measured differently than its book value, which is the value of Brickell that is recorded on the company's balance sheet. Investors also form their own opinion of Brickell Biotech's value that differs from its market value or its book value, called intrinsic value, which is Brickell Biotech'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 Brickell Biotech's market value can be influenced by many factors that don't directly affect Brickell Biotech'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 Brickell Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine Brickell Biotech value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brickell Biotech'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.

Brickell Biotech '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 Brickell Biotech'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 Brickell Biotech.
0.00
05/26/2022
No Change 0.00  0.0 
In 31 days
06/25/2022
0.00
If you would invest  0.00  in Brickell Biotech on May 26, 2022 and sell it all today you would earn a total of 0.00 from holding Brickell Biotech or generate 0.0% return on investment in Brickell Biotech over 30 days. Brickell Biotech is related to or competes with Abcellera Biologics, Arca Biopharma, Acumen Pharmaceuticals, Abvc Biopharma, Acadia Pharmaceutica, Achilles Therapeutics, and Vertex Energy. Brickell Biotech, Inc., a clinical-stage pharmaceutical company, engages in the development of various prescription ther...More

Brickell Biotech 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 Brickell Biotech'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 Brickell Biotech upside and downside potential and time the market with a certain degree of confidence.

Brickell Biotech Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Brickell Biotech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brickell Biotech's standard deviation. In reality, there are many statistical measures that can use Brickell Biotech historical prices to predict the future Brickell Biotech's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Brickell Biotech'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. Please use the tools below to analyze the current value of Brickell Biotech in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.010.127.53
Details
Intrinsic
Valuation
LowReal ValueHigh
0.051.098.50
Details
Naive
Forecast
LowNext ValueHigh
0.0016510.087.50
Details
1 Analysts
Consensus
LowTarget PriceHigh
4.004.004.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Brickell Biotech. Your research has to be compared to or analyzed against Brickell Biotech's peers to derive any actionable benefits. When done correctly, Brickell Biotech's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Brickell Biotech.

Brickell Biotech Backtested Returns

Brickell Biotech secures Sharpe Ratio (or Efficiency) of -0.0285, which signifies that the company had -0.0285% of return per unit of risk over the last 6 months. Macroaxis standpoint towards 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. Brickell Biotech exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Brickell Biotech mean deviation of 5.47, and Risk Adjusted Performance of (0.038478) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.3432, which signifies a somewhat significant risk relative to the market. Let's try to break down what Brickell's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Brickell Biotech will likely underperform. Even though it is essential to pay attention to Brickell Biotech historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Brickell Biotech exposes twenty-one different technical indicators, which can help you to evaluate its performance. Brickell Biotech has an expected return of -0.25%. Please be advised to confirm Brickell Biotech standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Brickell Biotech performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.40  

Average predictability

Brickell Biotech has average predictability. Overlapping area represents the amount of predictability between Brickell Biotech time series from 26th of May 2022 to 10th of June 2022 and 10th of June 2022 to 25th of June 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Brickell Biotech price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Brickell Biotech price fluctuation can be explain by its past prices.
Correlation Coefficient0.4
Spearman Rank Test0.02
Residual Average0.0
Price Variance0.0

Brickell Biotech lagged returns against current returns

Autocorrelation, which is Brickell Biotech 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 Brickell Biotech's stock expected returns. We can calculate the autocorrelation of Brickell Biotech returns to help us make a trade decision. For example, suppose you find that Brickell Biotech stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
Share
      Timeline 

Brickell Biotech 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 Brickell Biotech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brickell Biotech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brickell Biotech stock over time.
 Current vs Lagged Prices 
Share
      Timeline 

Brickell Biotech Lagged Returns

When evaluating Brickell Biotech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brickell Biotech stock have on its future price. Brickell Biotech 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, Brickell Biotech autocorrelation shows the relationship between Brickell Biotech stock current value and its past values and can show if there is a momentum factor associated with investing in Brickell Biotech.
 Regressed Prices 
Share
      Timeline 

Brickell Biotech Investors Sentiment

The influence of Brickell Biotech's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Brickell. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Brickell Biotech in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Brickell Biotech's short interest history, or implied volatility extrapolated from Brickell Biotech options trading.

Current Sentiment - BBI

Brickell Biotech Investor Sentiment

Greater number of Macroaxis users are currently bullish on Brickell Biotech. What is your opinion about investing in Brickell Biotech? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Brickell Biotech

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 Brickell Biotech 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 Brickell Biotech will appreciate offsetting losses from the drop in the long position's value.

Brickell Biotech Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Brickell Biotech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brickell Biotech 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 Brickell Biotech - 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 Brickell Biotech to buy it.
The correlation of Brickell Biotech is a statistical measure of how it moves in relation to other equities. 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 Brickell Biotech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brickell Biotech 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 Brickell Biotech 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.
Pair CorrelationCorrelation Matching
Continue to Brickell Biotech Hype Analysis, Brickell Biotech Correlation, Brickell Biotech Valuation, Brickell Biotech Volatility, as well as analyze Brickell Biotech Alpha and Beta and Brickell Biotech Performance. Note that the Brickell Biotech information on this page should be used as a complementary analysis to other Brickell Biotech's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Brickell Stock analysis

When running Brickell Biotech price analysis, check to measure Brickell Biotech'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 Brickell Biotech is operating at the current time. Most of Brickell Biotech's value examination focuses on studying past and present price action to predict the probability of Brickell Biotech's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Brickell Biotech's price. Additionally, you may evaluate how the addition of Brickell Biotech to your portfolios can decrease your overall portfolio volatility.
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Brickell Biotech technical stock 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, stock market cycles, or different charting patterns.
A focus of Brickell Biotech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Brickell Biotech trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...