Brooklyn Stock Market Value

BTX -  USA Stock  

USD 0.57  0.03  5.00%

Brooklyn Immunotherapeuti's market value is the price at which a share of Brooklyn Immunotherapeuti stock trades on a public exchange. It measures the collective expectations of Brooklyn Immunotherapeutics investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Brooklyn Immunotherapeutics and determine expected loss or profit from investing in Brooklyn Immunotherapeuti over a given investment horizon. Continue to Brooklyn Immunotherapeuti Hype Analysis, Brooklyn Immunotherapeuti Correlation, Brooklyn Immunotherapeuti Valuation, Brooklyn Immunotherapeuti Volatility, as well as analyze Brooklyn Immunotherapeuti Alpha and Beta and Brooklyn Immunotherapeuti Performance.
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Is Brooklyn Immunotherapeuti'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 Brooklyn Immunotherapeuti. If investors know Brooklyn 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 Brooklyn Immunotherapeuti listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Brooklyn Immunotherapeuti is measured differently than its book value, which is the value of Brooklyn that is recorded on the company's balance sheet. Investors also form their own opinion of Brooklyn Immunotherapeuti's value that differs from its market value or its book value, called intrinsic value, which is Brooklyn Immunotherapeuti'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 Brooklyn Immunotherapeuti's market value can be influenced by many factors that don't directly affect Brooklyn Immunotherapeuti'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 Brooklyn Immunotherapeuti's value and its price as these two are different measures arrived at by different means. Investors typically determine Brooklyn Immunotherapeuti value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brooklyn Immunotherapeuti'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.

Brooklyn Immunotherapeuti '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 Brooklyn Immunotherapeuti'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 Brooklyn Immunotherapeuti.
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05/25/2022
No Change 0.00  0.0 
In 31 days
06/24/2022
0.00
If you would invest  0.00  in Brooklyn Immunotherapeuti on May 25, 2022 and sell it all today you would earn a total of 0.00 from holding Brooklyn Immunotherapeutics or generate 0.0% return on investment in Brooklyn Immunotherapeuti over 30 days. Brooklyn Immunotherapeuti is related to or competes with Vertex Energy, McDonalds Corp, ATT, Disney, Boeing, Johnson Johnson, and Walmart. Brooklyn ImmunoTherapeutics, Inc., a clinical stage biopharmaceutical company, engages in developing therapies to treat ...More

Brooklyn Immunotherapeuti 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 Brooklyn Immunotherapeuti'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 Brooklyn Immunotherapeutics upside and downside potential and time the market with a certain degree of confidence.

Brooklyn Immunotherapeuti Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Brooklyn Immunotherapeuti's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brooklyn Immunotherapeuti's standard deviation. In reality, there are many statistical measures that can use Brooklyn Immunotherapeuti historical prices to predict the future Brooklyn Immunotherapeuti's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Brooklyn Immunotherapeuti'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 Brooklyn Immunotherapeuti in the context of predictive analytics.
Hype
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LowEstimated ValueHigh
0.570.570.57
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Intrinsic
Valuation
LowReal ValueHigh
0.514.054.05
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Naive
Forecast
LowNext ValueHigh
0.560.560.56
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2 Analysts
Consensus
LowTarget PriceHigh
9.0014.5020.00
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Brooklyn Immunotherapeuti. Your research has to be compared to or analyzed against Brooklyn Immunotherapeuti's peers to derive any actionable benefits. When done correctly, Brooklyn Immunotherapeuti'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 Brooklyn Immunotherapeuti.

Brooklyn Immunotherapeuti Backtested Returns

Brooklyn Immunotherapeuti secures Sharpe Ratio (or Efficiency) of -0.32, which signifies that the company had -0.32% of return per unit of risk over the last 3 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. Brooklyn Immunotherapeutics exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Brooklyn Immunotherapeuti mean deviation of 4.1, and Risk Adjusted Performance of (0.44) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.7956, which signifies a somewhat significant risk relative to the market. Let's try to break down what Brooklyn'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, Brooklyn Immunotherapeuti will likely underperform. Even though it is essential to pay attention to Brooklyn Immunotherapeuti 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. Brooklyn Immunotherapeutics exposes twenty-one different technical indicators, which can help you to evaluate its performance. Brooklyn Immunotherapeuti has an expected return of -1.89%. Please be advised to confirm Brooklyn Immunotherapeuti coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Brooklyn Immunotherapeuti performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.29  

Poor predictability

Brooklyn Immunotherapeutics has poor predictability. Overlapping area represents the amount of predictability between Brooklyn Immunotherapeuti time series from 25th of May 2022 to 9th of June 2022 and 9th of June 2022 to 24th 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 Brooklyn Immunotherapeuti price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Brooklyn Immunotherapeuti price fluctuation can be explain by its past prices.
Correlation Coefficient0.29
Spearman Rank Test-0.45
Residual Average0.0
Price Variance0.0

Brooklyn Immunotherapeuti lagged returns against current returns

Autocorrelation, which is Brooklyn Immunotherapeuti 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 Brooklyn Immunotherapeuti's stock expected returns. We can calculate the autocorrelation of Brooklyn Immunotherapeuti returns to help us make a trade decision. For example, suppose you find that Brooklyn Immunotherapeuti 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 
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Brooklyn Immunotherapeuti 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 Brooklyn Immunotherapeuti stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brooklyn Immunotherapeuti stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brooklyn Immunotherapeuti stock over time.
 Current vs Lagged Prices 
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Brooklyn Immunotherapeuti Lagged Returns

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

The influence of Brooklyn Immunotherapeuti'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 Brooklyn. 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 Brooklyn Immunotherapeuti 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, Brooklyn Immunotherapeuti's short interest history, or implied volatility extrapolated from Brooklyn Immunotherapeuti options trading.

Current Sentiment - BTX

Brooklyn Immunotherapeuti Investor Sentiment

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

Pair Trading with Brooklyn Immunotherapeuti

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 Brooklyn Immunotherapeuti 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 Brooklyn Immunotherapeuti will appreciate offsetting losses from the drop in the long position's value.

Brooklyn Immunotherapeuti Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Brooklyn Immunotherapeuti could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brooklyn Immunotherapeuti 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 Brooklyn Immunotherapeuti - 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 Brooklyn Immunotherapeutics to buy it.
The correlation of Brooklyn Immunotherapeuti 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 Brooklyn Immunotherapeuti moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brooklyn Immunotherapeuti 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 Brooklyn Immunotherapeuti 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 Brooklyn Immunotherapeuti Hype Analysis, Brooklyn Immunotherapeuti Correlation, Brooklyn Immunotherapeuti Valuation, Brooklyn Immunotherapeuti Volatility, as well as analyze Brooklyn Immunotherapeuti Alpha and Beta and Brooklyn Immunotherapeuti Performance. Note that the Brooklyn Immunotherapeuti information on this page should be used as a complementary analysis to other Brooklyn Immunotherapeuti'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Brooklyn Stock analysis

When running Brooklyn Immunotherapeuti price analysis, check to measure Brooklyn Immunotherapeuti'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 Brooklyn Immunotherapeuti is operating at the current time. Most of Brooklyn Immunotherapeuti's value examination focuses on studying past and present price action to predict the probability of Brooklyn Immunotherapeuti's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Brooklyn Immunotherapeuti's price. Additionally, you may evaluate how the addition of Brooklyn Immunotherapeuti to your portfolios can decrease your overall portfolio volatility.
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Brooklyn Immunotherapeuti 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 Brooklyn Immunotherapeuti technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Brooklyn Immunotherapeuti 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...