How expensive a Brookfield Asset Management Inc. (BAM) stock is?

On March 19, Brookfield Asset Management Inc. (BAM) shares have been seen trading -0.28% off its 52 week- peak value and changed 27.26% from its 52 week-bottom price value. The “percentage off the 52-week high or low” refers to when a stock current price is relative to where it has traded over the last 52 weeks. This gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range.

Volume and Price

Shares of Brookfield Asset Management Inc. (BAM) were valued at $46.55 and moved 0.15% as of a recent closing trade. A total volume of 1.88 million shares were traded versus to average volume of 1.35 million shares.

Relative Strength Index (RSI)

Brookfield Asset Management Inc. (BAM)’s Relative Strength Index (RSI) is 66.76. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.

Recently Brookfield Asset Management Inc. (BAM) traded with P/E ratio of 13.23. Forward P/E stands at 22.89.

PE ratio can be calculated by relating the market price per share by the earning per share. By the help of this ratio, we can find out the current value of a stock relative to its earnings. Valuation is a significant factor in explaining future price return. Investors can judge the current and future performance by the P/E Ratio. Low p/E indicates the company is not supporting investor. It is a bad decision to invest this time in the market. Hence P/E is a basic clue for investors what time will be the best for them to invest in the market.

Always keep in mind that you cannot buy any stock on this basis that it is cheap. You should study stock with P/E ratio. On focusing future, you have to remember that stock needs research. If you want to buy a stock, do research and discover the reason which appears attractive to investors.

Performance

Brookfield Asset Management Inc. (BAM) held 972.56 million outstanding shares currently. The company have shares float of 909.88 million. Now have a look at past performance (weekly performance to year to date performance) how Brookfield Asset Management Inc. (BAM) has been moved; whether it performed well or not. BAM reported a change of 1.22% over the last week and performed 5.96% over the last month while its year to date (YTD) performance revealed an activity trend of 21.38%. The stock’s quarterly performance specifies a shift of 12.41%, and its last twelve month performance is stands at 16.14% while moved 10.00% for the past six months.

Volatility

Average True Range (14) for Brookfield Asset Management Inc. (BAM) is stands at 0.68. ATR is a volatility indicator. Volatility measures the strength of the price action, and is often overlooked for clues on market direction.

Over the past week, the company showed volatility of 1.78%. Moving out to look at the previous month volatility move, the stock is at 1.35%. A stock with a price that fluctuates wildly, hits new highs and lows or moves erratically is considered highly volatile..

Beta measures volatility or systematic risk, of a stock or a portfolio in comparison to the market as a whole. 1 shows stock moves with market. < 1 means less volatile than market. > 1 indicates more volatile than the market. The stock’s beta is 1.17.

Analyst mean recommendation rating on a stock by the analyst community is at 1.80. Analyst rating score as published on FINVIZ are rated on a 1 to 5 scale. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating.

Lester Grayson

Lester Grayson covers news related to earnings reports of different companies. He is a financial writer. Lester handles much of this site's news coverage of corporation’s earnings in all US market sectors. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 3 years. He's also been a freelance writer explaining a variety of topics in personal finance, including real estate, and investing. She is a well-known writer and financial research analyst for several authoritative financial news publishers.

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