Afluente Transmisso (Brazil) Market Value
| AFLT3 Stock | BRL 7.13 0.08 1.11% |
| Symbol | Afluente |
Afluente Transmisso '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 Afluente Transmisso'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 Afluente Transmisso.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Afluente Transmisso on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Afluente Transmisso de or generate 0.0% return on investment in Afluente Transmisso over 30 days. Afluente Transmisso is related to or competes with Zoom Video, METISA Metalrgica, Metalurgica Gerdau, Ross Stores, and Trade Desk. Afluente Transmisso de Energia Eltrica S.A More
Afluente Transmisso 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 Afluente Transmisso'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 Afluente Transmisso de upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.32 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 8.88 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 2.94 |
Afluente Transmisso Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Afluente Transmisso's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Afluente Transmisso's standard deviation. In reality, there are many statistical measures that can use Afluente Transmisso historical prices to predict the future Afluente Transmisso's volatility.| Risk Adjusted Performance | 0.0158 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0169 |
Afluente Transmisso Backtested Returns
Currently, Afluente Transmisso de is not too volatile. Afluente Transmisso secures Sharpe Ratio (or Efficiency) of 0.0073, which signifies that the company had a 0.0073% return per unit of risk over the last 3 months. We have found thirty technical indicators for Afluente Transmisso de, which you can use to evaluate the volatility of the firm. Please confirm Afluente Transmisso's Mean Deviation of 0.7373, risk adjusted performance of 0.0158, and Downside Deviation of 2.32 to double-check if the risk estimate we provide is consistent with the expected return of 0.011%. The firm shows a Beta (market volatility) of 0.66, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Afluente Transmisso's returns are expected to increase less than the market. However, during the bear market, the loss of holding Afluente Transmisso is expected to be smaller as well. Afluente Transmisso right now shows a risk of 1.49%. Please confirm Afluente Transmisso coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Afluente Transmisso will be following its price patterns.
Auto-correlation | -0.42 |
Modest reverse predictability
Afluente Transmisso de has modest reverse predictability. Overlapping area represents the amount of predictability between Afluente Transmisso time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Afluente Transmisso price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Afluente Transmisso price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Afluente Transmisso lagged returns against current returns
Autocorrelation, which is Afluente Transmisso 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 Afluente Transmisso's stock expected returns. We can calculate the autocorrelation of Afluente Transmisso returns to help us make a trade decision. For example, suppose you find that Afluente Transmisso 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 |
Afluente Transmisso 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 Afluente Transmisso stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Afluente Transmisso stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Afluente Transmisso stock over time.
Current vs Lagged Prices |
| Timeline |
Afluente Transmisso Lagged Returns
When evaluating Afluente Transmisso's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Afluente Transmisso stock have on its future price. Afluente Transmisso 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, Afluente Transmisso autocorrelation shows the relationship between Afluente Transmisso stock current value and its past values and can show if there is a momentum factor associated with investing in Afluente Transmisso de.
Regressed Prices |
| Timeline |
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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.Additional Tools for Afluente Stock Analysis
When running Afluente Transmisso's price analysis, check to measure Afluente Transmisso'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 Afluente Transmisso is operating at the current time. Most of Afluente Transmisso's value examination focuses on studying past and present price action to predict the probability of Afluente Transmisso's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Afluente Transmisso's price. Additionally, you may evaluate how the addition of Afluente Transmisso to your portfolios can decrease your overall portfolio volatility.