Brown Stock Technical Analysis

BF-B
 Stock
  

USD 70.49  0.09  0.13%   

As of the 7th of July, Brown Forman shows the Downside Deviation of 1.48, risk adjusted performance of 0.007, and Mean Deviation of 0.9786. Brown Forman technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Brown Forman, which can be compared to its rivals. Please confirm Brown Forman standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Brown Forman is priced correctly, providing market reflects its regular price of 70.49 per share. Given that Brown Forman has jensen alpha of 0.0174, we suggest you to validate Brown Forman's prevailing market performance to make sure the company can sustain itself at a future point.
  
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Brown Forman Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Brown, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Brown
Brown Forman's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Brown Forman 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 Brown Forman technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Brown Forman 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...

Brown Forman Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of two hundred fifty-eight. The True Range is a measure of Brown Forman volatility developed by Welles Wilder.
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Brown Forman Trend Analysis

Use this graph to draw trend lines for Brown Forman. You can use it to identify possible trend reversals for Brown Forman as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Brown Forman price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Brown Forman Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Brown Forman applied against its price change over selected period. The best fit line has a slop of   -0.01  , which may suggest that Brown Forman market price will keep on failing further. It has 518 observation points and a regression sum of squares at 625.24, which is the sum of squared deviations for the predicted Brown Forman price change compared to its average price change.

About Brown Forman Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Brown Forman on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Brown Forman based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Brown Forman stock first instead of the macroeconomic environment surrounding Brown Forman. By analyzing Brown Forman's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Brown Forman's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Brown Forman specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity1.150.890.740.72
Interest Coverage14.1713.1515.6422.06

Brown Forman July 7, 2022 Technical Indicators

Most technical analysis of Brown help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Brown from various momentum indicators to cycle indicators. When you analyze Brown charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Brown Forman July 7, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Brown stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Continue to Trending Equities. Note that the Brown Forman information on this page should be used as a complementary analysis to other Brown Forman'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Brown Stock analysis

When running Brown Forman price analysis, check to measure Brown Forman'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 Brown Forman is operating at the current time. Most of Brown Forman's value examination focuses on studying past and present price action to predict the probability of Brown Forman's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Brown Forman's price. Additionally, you may evaluate how the addition of Brown Forman to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Brown Forman's value and its price as these two are different measures arrived at by different means. Investors typically determine Brown Forman value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brown Forman'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.