Parque Dom Pedro Fund Beta
| PQDP11 Fund | BRL 2,050 31.00 1.49% |
Parque Dom Pedro fundamentals help investors to digest information that contributes to Parque Dom's financial success or failures. It also enables traders to predict the movement of Parque Fund. The fundamental analysis module provides a way to measure Parque Dom's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Parque Dom fund.
Parque |
Parque Dom Pedro Fund Beta Analysis
Parque Dom's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Parque Dom Beta | 0.47 |
Most of Parque Dom's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Parque Dom Pedro is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Parque Dom Pedro has a Beta of 0.47. This is 6.0% lower than that of the Financial family and 30.88% lower than that of the REIT - Retail category. The beta for all Brazil funds is notably lower than that of the firm.
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As returns on the market increase, Parque Dom's returns are expected to increase less than the market. However, during the bear market, the loss of holding Parque Dom is expected to be smaller as well.
Parque Fundamentals
| Shares Outstanding | 238.48 K | |||
| Beta | 0.47 | |||
| Market Capitalization | 809.87 M | |||
| Last Dividend Paid | 157.44 |
About Parque Dom Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Parque Dom Pedro's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parque Dom using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parque Dom Pedro based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Parque Fund
Parque Dom financial ratios help investors to determine whether Parque Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Parque with respect to the benefits of owning Parque Dom security.
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