Brighthouse Financial Stock Market Value
| BHFAL Stock | USD 24.95 0.21 0.85% |
| Symbol | Brighthouse |
Brighthouse Financial Price To Book Ratio
Is Oil & Gas Exploration & Production space 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 Brighthouse Financial. If investors know Brighthouse 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 Brighthouse Financial 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 Brighthouse Financial is measured differently than its book value, which is the value of Brighthouse that is recorded on the company's balance sheet. Investors also form their own opinion of Brighthouse Financial's value that differs from its market value or its book value, called intrinsic value, which is Brighthouse Financial'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 Brighthouse Financial's market value can be influenced by many factors that don't directly affect Brighthouse Financial'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 Brighthouse Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brighthouse Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brighthouse Financial'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.
Brighthouse Financial '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 Brighthouse Financial'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 Brighthouse Financial.
| 04/16/2024 |
| 10/13/2024 |
If you would invest 0.00 in Brighthouse Financial on April 16, 2024 and sell it all today you would earn a total of 0.00 from holding Brighthouse Financial or generate 0.0% return on investment in Brighthouse Financial over 180 days. Brighthouse Financial is related to or competes with RiverNorth Specialty, Royce Micro, Ready Capital, Thrivent High, Morningstar Unconstrained, Via Renewables, and T Rowe. Brighthouse Financial, Inc. provides a range of annuity and life insurance products in the United States More
Brighthouse Financial 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 Brighthouse Financial'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 Brighthouse Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8208 | |||
| Information Ratio | 0.0776 | |||
| Maximum Drawdown | 3.58 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 1.48 |
Brighthouse Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brighthouse Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brighthouse Financial's standard deviation. In reality, there are many statistical measures that can use Brighthouse Financial historical prices to predict the future Brighthouse Financial's volatility.| Risk Adjusted Performance | 0.1901 | |||
| Jensen Alpha | 0.1396 | |||
| Total Risk Alpha | 0.0674 | |||
| Sortino Ratio | 0.0727 | |||
| Treynor Ratio | 0.6504 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Brighthouse Financial'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.
Brighthouse Financial Backtested Returns
As of now, Brighthouse Stock is very steady. Brighthouse Financial secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Brighthouse Financial, which you can use to evaluate the volatility of the firm. Please confirm Brighthouse Financial's Risk Adjusted Performance of 0.1901, downside deviation of 0.8208, and Mean Deviation of 0.5828 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Brighthouse Financial has a performance score of 17 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Brighthouse Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brighthouse Financial is expected to be smaller as well. Brighthouse Financial right now shows a risk of 0.77%. Please confirm Brighthouse Financial standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to decide if Brighthouse Financial will be following its price patterns.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Brighthouse Financial has insignificant reverse predictability. Overlapping area represents the amount of predictability between Brighthouse Financial time series from 16th of April 2024 to 15th of July 2024 and 15th of July 2024 to 13th of October 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 Brighthouse Financial price movement. The serial correlation of -0.2 indicates that over 20.0% of current Brighthouse Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 1.35 |
Brighthouse Financial lagged returns against current returns
Autocorrelation, which is Brighthouse Financial 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 Brighthouse Financial's stock expected returns. We can calculate the autocorrelation of Brighthouse Financial returns to help us make a trade decision. For example, suppose you find that Brighthouse Financial 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 |
Brighthouse Financial 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 Brighthouse Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brighthouse Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brighthouse Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Brighthouse Financial Lagged Returns
When evaluating Brighthouse Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brighthouse Financial stock have on its future price. Brighthouse Financial 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, Brighthouse Financial autocorrelation shows the relationship between Brighthouse Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Brighthouse Financial.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Brighthouse Financial Correlation, Brighthouse Financial Volatility and Brighthouse Financial Alpha and Beta module to complement your research on Brighthouse Financial. For more information on how to buy Brighthouse Stock please use our How to buy in Brighthouse Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Brighthouse Financial 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.