Brighthouse Financial Preferred Stock Market Value
| BHFAP Preferred Stock | USD 22.01 0.14 0.63% |
| Symbol | Brighthouse |
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 preferred 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.
| 12/02/2023 |
| 12/26/2024 |
If you would invest 0.00 in Brighthouse Financial on December 2, 2023 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 390 days. Brighthouse Financial is related to or competes with MetLife Preferred, Jackson Financial, MetLife Preferred, and Brighthouse Financial. Brighthouse Financial, Inc. provides 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 preferred 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.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 3.77 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 1.41 |
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 | (0.16) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.87) |
Brighthouse Financial Backtested Returns
Brighthouse Financial secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of risk over the last 3 months. Brighthouse Financial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brighthouse Financial's Mean Deviation of 0.7273, risk adjusted performance of (0.16), and Standard Deviation of 0.8951 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.21, 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. At this point, Brighthouse Financial has a negative expected return of -0.16%. Please make sure to confirm Brighthouse Financial's skewness, and the relationship between the treynor ratio and rate of daily change , to decide if Brighthouse Financial performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.60 |
Good predictability
Brighthouse Financial has good predictability. Overlapping area represents the amount of predictability between Brighthouse Financial time series from 2nd of December 2023 to 14th of June 2024 and 14th of June 2024 to 26th of December 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 0.6 indicates that roughly 60.0% of current Brighthouse Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.89 |
Brighthouse Financial lagged returns against current returns
Autocorrelation, which is Brighthouse Financial preferred 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 preferred 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 preferred 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 preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brighthouse Financial preferred 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 preferred 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 preferred 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 preferred 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 |
Additional Tools for Brighthouse Preferred Stock Analysis
When running Brighthouse Financial's price analysis, check to measure Brighthouse Financial'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 Brighthouse Financial is operating at the current time. Most of Brighthouse Financial's value examination focuses on studying past and present price action to predict the probability of Brighthouse Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brighthouse Financial's price. Additionally, you may evaluate how the addition of Brighthouse Financial to your portfolios can decrease your overall portfolio volatility.