Brighthouse Financial Preferred Stock Market Value

BHFAP Preferred Stock  USD 23.88  0.03  0.13%   
Brighthouse Financial's market value is the price at which a share of Brighthouse Financial trades on a public exchange. It measures the collective expectations of Brighthouse Financial investors about its performance. Brighthouse Financial is selling at 23.88 as of the 1st of December 2024; that is 0.13 percent decrease since the beginning of the trading day. The preferred stock's last reported lowest price was 23.69.
With this module, you can estimate the performance of a buy and hold strategy of Brighthouse Financial and determine expected loss or profit from investing in Brighthouse Financial over a given investment horizon. Check out Brighthouse Financial Correlation, Brighthouse Financial Volatility and Brighthouse Financial Alpha and Beta module to complement your research on Brighthouse Financial.
To learn how to invest in Brighthouse Preferred Stock, please use our How to Invest in Brighthouse Financial guide.
Symbol

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 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.
0.00
09/02/2024
No Change 0.00  0.0 
In 3 months and 1 day
12/01/2024
0.00
If you would invest  0.00  in Brighthouse Financial on September 2, 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 90 days. Brighthouse Financial is related to or competes with FG Annuities, Globe Life, MetLife Preferred, MetLife Preferred, MetLife Preferred, Abacus Life, and Aflac Incorporated. 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.

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.
Hype
Prediction
LowEstimatedHigh
22.9723.8824.79
Details
Intrinsic
Valuation
LowRealHigh
23.2224.1325.04
Details
Naive
Forecast
LowNextHigh
22.9023.8024.71
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23.3723.8424.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Brighthouse Financial. Your research has to be compared to or analyzed against Brighthouse Financial's peers to derive any actionable benefits. When done correctly, Brighthouse Financial'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 Brighthouse Financial.

Brighthouse Financial Backtested Returns

Currently, Brighthouse Financial is very steady. Brighthouse Financial secures Sharpe Ratio (or Efficiency) of 0.0037, which signifies that the company had a 0.0037% return per unit of risk over the last 3 months. We have found thirty technical indicators for Brighthouse Financial, which you can use to evaluate the volatility of the firm. Please confirm Brighthouse Financial's Mean Deviation of 0.7224, downside deviation of 0.9159, and Risk Adjusted Performance of 0.0288 to double-check if the risk estimate we provide is consistent with the expected return of 0.0034%. The firm shows a Beta (market volatility) of 0.24, 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 0.91%. Please confirm Brighthouse Financial semi variance, day typical price, and the relationship between the maximum drawdown and accumulation distribution , to decide if Brighthouse Financial will be following its price patterns.

Auto-correlation

    
  -0.16  

Insignificant reverse predictability

Brighthouse Financial has insignificant reverse predictability. Overlapping area represents the amount of predictability between Brighthouse Financial time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 -0.16 indicates that over 16.0% of current Brighthouse Financial price fluctuation can be explain by its past prices.
Correlation Coefficient-0.16
Spearman Rank Test-0.55
Residual Average0.0
Price Variance0.27

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  

Pair Trading with Brighthouse Financial

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

Moving together with Brighthouse Preferred Stock

  0.71MET-PE MetLife Preferred StockPairCorr
  0.82MET-PF MetLife Preferred StockPairCorr

Moving against Brighthouse Preferred Stock

  0.53GNW Genworth FinancialPairCorr
  0.38FG FG Annuities LifePairCorr
  0.34BHF Brighthouse FinancialPairCorr
  0.34CNO CNO Financial GroupPairCorr
  0.33UNM Unum GroupPairCorr
The ability to find closely correlated positions to Brighthouse Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brighthouse Financial 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 Brighthouse Financial - 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 Brighthouse Financial to buy it.
The correlation of Brighthouse Financial 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 Brighthouse Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brighthouse Financial 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 Brighthouse Financial 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

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.