Allpark Empreendimentos (Brazil) Market Value
| ALPK3 Stock | BRL 2.67 0.34 11.30% |
| Symbol | Allpark |
Allpark Empreendimentos '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 Allpark Empreendimentos' 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 Allpark Empreendimentos.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Allpark Empreendimentos on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Allpark Empreendimentos Participaes or generate 0.0% return on investment in Allpark Empreendimentos over 180 days. Allpark Empreendimentos is related to or competes with CCR SA, Triunfo Participaes, and Banco Do. Allpark Empreendimentos, Participaes e Servios S.A More
Allpark Empreendimentos 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 Allpark Empreendimentos' 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 Allpark Empreendimentos Participaes upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 21.6 | |||
| Value At Risk | (5.94) | |||
| Potential Upside | 4.73 |
Allpark Empreendimentos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allpark Empreendimentos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Allpark Empreendimentos' standard deviation. In reality, there are many statistical measures that can use Allpark Empreendimentos historical prices to predict the future Allpark Empreendimentos' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | (0.47) |
Allpark Empreendimentos Backtested Returns
Allpark Empreendimentos secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Allpark Empreendimentos Participaes exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Allpark Empreendimentos' Risk Adjusted Performance of (0.06), standard deviation of 3.68, and Mean Deviation of 2.71 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.68, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Allpark Empreendimentos' returns are expected to increase less than the market. However, during the bear market, the loss of holding Allpark Empreendimentos is expected to be smaller as well. At this point, Allpark Empreendimentos has a negative expected return of -0.45%. Please make sure to confirm Allpark Empreendimentos' information ratio, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Allpark Empreendimentos performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.54 |
Good reverse predictability
Allpark Empreendimentos Participaes has good reverse predictability. Overlapping area represents the amount of predictability between Allpark Empreendimentos time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 Allpark Empreendimentos price movement. The serial correlation of -0.54 indicates that about 54.0% of current Allpark Empreendimentos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Allpark Empreendimentos lagged returns against current returns
Autocorrelation, which is Allpark Empreendimentos 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 Allpark Empreendimentos' stock expected returns. We can calculate the autocorrelation of Allpark Empreendimentos returns to help us make a trade decision. For example, suppose you find that Allpark Empreendimentos 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 |
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Allpark Empreendimentos 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 Allpark Empreendimentos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Allpark Empreendimentos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Allpark Empreendimentos stock over time.
Current vs Lagged Prices |
| Timeline |
Allpark Empreendimentos Lagged Returns
When evaluating Allpark Empreendimentos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Allpark Empreendimentos stock have on its future price. Allpark Empreendimentos 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, Allpark Empreendimentos autocorrelation shows the relationship between Allpark Empreendimentos stock current value and its past values and can show if there is a momentum factor associated with investing in Allpark Empreendimentos Participaes.
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 Allpark Stock Analysis
When running Allpark Empreendimentos' price analysis, check to measure Allpark Empreendimentos' 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 Allpark Empreendimentos is operating at the current time. Most of Allpark Empreendimentos' value examination focuses on studying past and present price action to predict the probability of Allpark Empreendimentos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allpark Empreendimentos' price. Additionally, you may evaluate how the addition of Allpark Empreendimentos to your portfolios can decrease your overall portfolio volatility.