Brown Brown Stock Market Value

BRO Stock  USD 87.54  0.28  0.32%   
Brown Brown's market value is the price at which a share of Brown Brown trades on a public exchange. It measures the collective expectations of Brown Brown investors about its performance. Brown Brown is selling at 87.54 as of the 29th of March 2024; that is 0.32 percent increase since the beginning of the trading day. The stock's open price was 87.26.
With this module, you can estimate the performance of a buy and hold strategy of Brown Brown and determine expected loss or profit from investing in Brown Brown over a given investment horizon. Check out Brown Brown Correlation, Brown Brown Volatility and Brown Brown Alpha and Beta module to complement your research on Brown Brown.
To learn how to invest in Brown Stock, please use our How to Invest in Brown Brown guide.
Symbol

Brown Brown Price To Book Ratio

Is Brown Brown'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 Brown Brown. If investors know Brown 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 Brown Brown listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.832
Dividend Share
0.475
Earnings Share
3.05
Revenue Per Share
15.038
Quarterly Revenue Growth
0.124
The market value of Brown Brown is measured differently than its book value, which is the value of Brown that is recorded on the company's balance sheet. Investors also form their own opinion of Brown Brown's value that differs from its market value or its book value, called intrinsic value, which is Brown Brown'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 Brown Brown's market value can be influenced by many factors that don't directly affect Brown Brown'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 Brown Brown's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brown Brown is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brown Brown'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.

Brown Brown '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 Brown Brown'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 Brown Brown.
0.00
04/09/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/29/2024
0.00
If you would invest  0.00  in Brown Brown on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding Brown Brown or generate 0.0% return on investment in Brown Brown over 720 days. Brown Brown is related to or competes with EHealth, Erie Indemnity, Fanhua, Arthur J, Brp, Marsh McLennan, and Willis Towers. Brown Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the ... More

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

Brown Brown Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Brown Brown's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brown Brown's standard deviation. In reality, there are many statistical measures that can use Brown Brown historical prices to predict the future Brown Brown's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Brown Brown'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.
Hype
Prediction
LowEstimatedHigh
86.4487.5488.64
Details
Intrinsic
Valuation
LowRealHigh
78.7997.9399.03
Details
Naive
Forecast
LowNextHigh
87.0388.1389.23
Details
12 Analysts
Consensus
LowTargetHigh
71.7178.8087.47
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Brown Brown. Your research has to be compared to or analyzed against Brown Brown's peers to derive any actionable benefits. When done correctly, Brown Brown's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Brown Brown.

Brown Brown Backtested Returns

Brown Brown appears to be very steady, given 3 months investment horizon. Brown Brown secures Sharpe Ratio (or Efficiency) of 0.32, which signifies that the company had a 0.32% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Brown Brown, which you can use to evaluate the volatility of the firm. Please makes use of Brown Brown's Mean Deviation of 0.7591, coefficient of variation of 317.1, and Risk Adjusted Performance of 0.18 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Brown Brown holds a performance score of 25. The firm shows a Beta (market volatility) of 0.75, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Brown Brown's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brown Brown is expected to be smaller as well. Please check Brown Brown's maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to make a quick decision on whether Brown Brown's price patterns will revert.

Auto-correlation

    
  -0.39  

Poor reverse predictability

Brown Brown has poor reverse predictability. Overlapping area represents the amount of predictability between Brown Brown time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Brown Brown price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Brown Brown price fluctuation can be explain by its past prices.
Correlation Coefficient-0.39
Spearman Rank Test-0.32
Residual Average0.0
Price Variance45.48

Brown Brown lagged returns against current returns

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

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

Brown Brown Lagged Returns

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

Pair Trading with Brown Brown

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

Moving together with Brown Stock

  0.86ERIE Erie Indemnity Financial Report 25th of April 2024 PairCorr
  0.92AJG Arthur J Gallagher Fiscal Quarter End 31st of March 2024 PairCorr

Moving against Brown Stock

  0.93FANH Fanhua IncPairCorr
  0.9MBCN Middlefield Banc Fiscal Quarter End 31st of March 2024 PairCorr
  0.86MCBC Macatawa Bank Fiscal Quarter End 31st of March 2024 PairCorr
  0.78DHIL Diamond Hill InvestmentPairCorr
  0.75EHTH EHealth Financial Report 14th of May 2024 PairCorr
The ability to find closely correlated positions to Brown Brown could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brown Brown 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 Brown Brown - 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 Brown Brown to buy it.
The correlation of Brown Brown is a statistical measure of how it moves in relation to other instruments. 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 Brown Brown moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brown Brown 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 Brown Brown 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
When determining whether Brown Brown offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brown Brown'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 Brown Brown Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brown Brown Stock:
Check out Brown Brown Correlation, Brown Brown Volatility and Brown Brown Alpha and Beta module to complement your research on Brown Brown.
To learn how to invest in Brown Stock, please use our How to Invest in Brown Brown guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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