Brookstone Ultra Short Bond Etf Market Value
| BAMU Etf | 25.35 0.01 0.04% |
| Symbol | Brookstone |
The market value of Brookstone Ultra Short is measured differently than its book value, which is the value of Brookstone that is recorded on the company's balance sheet. Investors also form their own opinion of Brookstone Ultra's value that differs from its market value or its book value, called intrinsic value, which is Brookstone Ultra'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 Brookstone Ultra's market value can be influenced by many factors that don't directly affect Brookstone Ultra'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 Brookstone Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookstone Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookstone Ultra'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.
Brookstone Ultra '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 Brookstone Ultra's etf 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 Brookstone Ultra.
| 04/29/2025 |
| 07/28/2025 |
If you would invest 0.00 in Brookstone Ultra on April 29, 2025 and sell it all today you would earn a total of 0.00 from holding Brookstone Ultra Short Bond or generate 0.0% return on investment in Brookstone Ultra over 90 days. Brookstone Ultra is related to or competes with Valued Advisers, Columbia Diversified, Principal Exchange, Doubleline Etf, Virtus Newfleet, Vident Core, and PIMCO Enhanced. Brookstone Ultra is entity of United States More
Brookstone Ultra 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 Brookstone Ultra's etf 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 Brookstone Ultra Short Bond upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.0517 | |||
| Information Ratio | (5.65) | |||
| Maximum Drawdown | 0.1588 | |||
| Value At Risk | (0.04) | |||
| Potential Upside | 0.0792 |
Brookstone Ultra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brookstone Ultra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brookstone Ultra's standard deviation. In reality, there are many statistical measures that can use Brookstone Ultra historical prices to predict the future Brookstone Ultra's volatility.| Risk Adjusted Performance | 0.0277 | |||
| Jensen Alpha | 0.0012 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (3.84) | |||
| Treynor Ratio | (0.45) |
Brookstone Ultra Short Backtested Returns
Currently, Brookstone Ultra Short Bond is very steady. Brookstone Ultra Short secures Sharpe Ratio (or Efficiency) of 0.34, which signifies that the etf had a 0.34 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Brookstone Ultra Short Bond, which you can use to evaluate the volatility of the entity. Please confirm Brookstone Ultra's Coefficient Of Variation of 325.3, mean deviation of 0.0284, and Risk Adjusted Performance of 0.0277 to double-check if the risk estimate we provide is consistent with the expected return of 0.0115%. The etf shows a Beta (market volatility) of -0.0018, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Brookstone Ultra are expected to decrease at a much lower rate. During the bear market, Brookstone Ultra is likely to outperform the market.
Auto-correlation | 0.92 |
Excellent predictability
Brookstone Ultra Short Bond has excellent predictability. Overlapping area represents the amount of predictability between Brookstone Ultra time series from 29th of April 2025 to 13th of June 2025 and 13th of June 2025 to 28th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Brookstone Ultra Short price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Brookstone Ultra price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.98 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Brookstone Ultra Short lagged returns against current returns
Autocorrelation, which is Brookstone Ultra etf'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 Brookstone Ultra's etf expected returns. We can calculate the autocorrelation of Brookstone Ultra returns to help us make a trade decision. For example, suppose you find that Brookstone Ultra has exhibited high autocorrelation historically, and you observe that the etf 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 |
Brookstone Ultra 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 Brookstone Ultra etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brookstone Ultra etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brookstone Ultra etf over time.
Current vs Lagged Prices |
| Timeline |
Brookstone Ultra Lagged Returns
When evaluating Brookstone Ultra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brookstone Ultra etf have on its future price. Brookstone Ultra 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, Brookstone Ultra autocorrelation shows the relationship between Brookstone Ultra etf current value and its past values and can show if there is a momentum factor associated with investing in Brookstone Ultra Short Bond.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Check out Brookstone Ultra Correlation, Brookstone Ultra Volatility and Brookstone Ultra Alpha and Beta module to complement your research on Brookstone Ultra. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Brookstone Ultra technical etf 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, etf market cycles, or different charting patterns.