Af Invest (Brazil) Market Value
| AFHI11 Fund | BRL 93.88 0.17 0.18% |
| Symbol | AFHI11 |
Please note, there is a significant difference between Af Invest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Af Invest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Af Invest'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.
Af Invest '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 Af Invest's fund 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 Af Invest.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Af Invest on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Af Invest Cri or generate 0.0% return on investment in Af Invest over 30 days. Af Invest is related to or competes with Energisa, BTG Pactual, Plano Plano, Companhia Habitasul, Procter Gamble, Telefonaktiebolaget, and Cable One. More
Af Invest 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 Af Invest's fund 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 Af Invest Cri upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 2.64 | |||
| Value At Risk | (0.71) | |||
| Potential Upside | 0.3842 |
Af Invest Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Af Invest's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Af Invest's standard deviation. In reality, there are many statistical measures that can use Af Invest historical prices to predict the future Af Invest's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.54) |
Af Invest Cri Backtested Returns
Af Invest Cri retains Efficiency (Sharpe Ratio) of -0.13, which signifies that the fund had a -0.13% return per unit of price deviation over the last 3 months. Af Invest exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Af Invest's Variance of 0.1731, market risk adjusted performance of (0.53), and Information Ratio of (0.41) to double-check the risk estimate we provide. The fund owns a Beta (Systematic Risk) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Af Invest's returns are expected to increase less than the market. However, during the bear market, the loss of holding Af Invest is expected to be smaller as well.
Auto-correlation | -0.28 |
Weak reverse predictability
Af Invest Cri has weak reverse predictability. Overlapping area represents the amount of predictability between Af Invest time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Af Invest Cri price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Af Invest price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Af Invest Cri lagged returns against current returns
Autocorrelation, which is Af Invest fund'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 Af Invest's fund expected returns. We can calculate the autocorrelation of Af Invest returns to help us make a trade decision. For example, suppose you find that Af Invest has exhibited high autocorrelation historically, and you observe that the fund 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 |
Af Invest 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 Af Invest fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Af Invest fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Af Invest fund over time.
Current vs Lagged Prices |
| Timeline |
Af Invest Lagged Returns
When evaluating Af Invest's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Af Invest fund have on its future price. Af Invest 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, Af Invest autocorrelation shows the relationship between Af Invest fund current value and its past values and can show if there is a momentum factor associated with investing in Af Invest Cri.
Regressed Prices |
| Timeline |
Also Currently Popular
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 AFHI11 Fund
Af Invest financial ratios help investors to determine whether AFHI11 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 AFHI11 with respect to the benefits of owning Af Invest security.
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