Brilliant Earth Group Stock Market Value
| BRLT Stock | USD 1.70 0.09 5.59% |
| Symbol | Brilliant |
Brilliant Earth Group Price To Book Ratio
Is Apparel, Accessories & Luxury Goods 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 Brilliant Earth. If investors know Brilliant 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 Brilliant Earth 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 0.107 | Earnings Share 0.03 | Revenue Per Share 32.857 | Quarterly Revenue Growth (0.12) | Return On Assets 0.005 |
The market value of Brilliant Earth Group is measured differently than its book value, which is the value of Brilliant that is recorded on the company's balance sheet. Investors also form their own opinion of Brilliant Earth's value that differs from its market value or its book value, called intrinsic value, which is Brilliant Earth'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 Brilliant Earth's market value can be influenced by many factors that don't directly affect Brilliant Earth'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 Brilliant Earth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brilliant Earth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brilliant Earth'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.
Brilliant Earth '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 Brilliant Earth'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 Brilliant Earth.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Brilliant Earth on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Brilliant Earth Group or generate 0.0% return on investment in Brilliant Earth over 360 days. Brilliant Earth is related to or competes with Capri Holdings, Movado, Tapestry, TheRealReal, Lanvin Group, Envela Corp, and Fossil. Brilliant Earth Group, Inc. engages in the design, procurement, and retail sale of diamonds, gemstones, and jewelry in t... More
Brilliant Earth 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 Brilliant Earth'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 Brilliant Earth Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 17.39 | |||
| Value At Risk | (5.85) | |||
| Potential Upside | 7.69 |
Brilliant Earth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brilliant Earth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brilliant Earth's standard deviation. In reality, there are many statistical measures that can use Brilliant Earth historical prices to predict the future Brilliant Earth's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | (0.79) |
Brilliant Earth Group Backtested Returns
Brilliant Earth Group secures Sharpe Ratio (or Efficiency) of -0.066, which signifies that the company had a -0.066% return per unit of risk over the last 3 months. Brilliant Earth Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brilliant Earth's Risk Adjusted Performance of (0.04), standard deviation of 4.03, and Mean Deviation of 3.16 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.35, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Brilliant Earth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brilliant Earth is expected to be smaller as well. At this point, Brilliant Earth Group has a negative expected return of -0.27%. Please make sure to confirm Brilliant Earth's maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Brilliant Earth Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.73 |
Good predictability
Brilliant Earth Group has good predictability. Overlapping area represents the amount of predictability between Brilliant Earth time series from 28th of November 2023 to 26th of May 2024 and 26th of May 2024 to 22nd of November 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 Brilliant Earth Group price movement. The serial correlation of 0.73 indicates that around 73.0% of current Brilliant Earth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Brilliant Earth Group lagged returns against current returns
Autocorrelation, which is Brilliant Earth 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 Brilliant Earth's stock expected returns. We can calculate the autocorrelation of Brilliant Earth returns to help us make a trade decision. For example, suppose you find that Brilliant Earth 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 |
Brilliant Earth 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 Brilliant Earth stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brilliant Earth stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brilliant Earth stock over time.
Current vs Lagged Prices |
| Timeline |
Brilliant Earth Lagged Returns
When evaluating Brilliant Earth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brilliant Earth stock have on its future price. Brilliant Earth 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, Brilliant Earth autocorrelation shows the relationship between Brilliant Earth stock current value and its past values and can show if there is a momentum factor associated with investing in Brilliant Earth Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Brilliant Stock Analysis
When running Brilliant Earth's price analysis, check to measure Brilliant Earth'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 Brilliant Earth is operating at the current time. Most of Brilliant Earth's value examination focuses on studying past and present price action to predict the probability of Brilliant Earth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brilliant Earth's price. Additionally, you may evaluate how the addition of Brilliant Earth to your portfolios can decrease your overall portfolio volatility.