Excelsior Alimentos (Brazil) Market Value
| BAUH4 Preferred Stock | BRL 78.79 0.30 0.38% |
| Symbol | Excelsior |
Excelsior Alimentos '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 Excelsior Alimentos' preferred 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 Excelsior Alimentos.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Excelsior Alimentos on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Excelsior Alimentos SA or generate 0.0% return on investment in Excelsior Alimentos over 90 days. Excelsior Alimentos is related to or competes with Minupar Participaes, Grazziotin, Banco Da, and Grazziotin. Excelsior Alimentos S.A. produces and commercializes industrialized meat products More
Excelsior Alimentos 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 Excelsior Alimentos' preferred 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 Excelsior Alimentos SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.60) | |||
| Maximum Drawdown | 1.86 | |||
| Value At Risk | (0.46) |
Excelsior Alimentos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Excelsior Alimentos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Excelsior Alimentos' standard deviation. In reality, there are many statistical measures that can use Excelsior Alimentos historical prices to predict the future Excelsior Alimentos' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 1.44 |
Excelsior Alimentos Backtested Returns
Excelsior Alimentos secures Sharpe Ratio (or Efficiency) of -0.0779, which denotes the company had a -0.0779% return per unit of standard deviation over the last 3 months. Excelsior Alimentos SA exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Excelsior Alimentos' Mean Deviation of 0.101, standard deviation of 0.2645, and Coefficient Of Variation of (1,292) to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0212, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Excelsior Alimentos are expected to decrease at a much lower rate. During the bear market, Excelsior Alimentos is likely to outperform the market. At this point, Excelsior Alimentos has a negative expected return of -0.0209%. Please make sure to confirm Excelsior Alimentos' coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if Excelsior Alimentos performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.01 |
Very weak reverse predictability
Excelsior Alimentos SA has very weak reverse predictability. Overlapping area represents the amount of predictability between Excelsior Alimentos time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st of December 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 Excelsior Alimentos price movement. The serial correlation of -0.01 indicates that just 1.0% of current Excelsior Alimentos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Excelsior Alimentos lagged returns against current returns
Autocorrelation, which is Excelsior Alimentos preferred 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 Excelsior Alimentos' preferred stock expected returns. We can calculate the autocorrelation of Excelsior Alimentos returns to help us make a trade decision. For example, suppose you find that Excelsior Alimentos has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Excelsior Alimentos 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 Excelsior Alimentos preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Excelsior Alimentos preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Excelsior Alimentos preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Excelsior Alimentos Lagged Returns
When evaluating Excelsior Alimentos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Excelsior Alimentos preferred stock have on its future price. Excelsior Alimentos 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, Excelsior Alimentos autocorrelation shows the relationship between Excelsior Alimentos preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Excelsior Alimentos SA.
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 Excelsior Preferred Stock Analysis
When running Excelsior Alimentos' price analysis, check to measure Excelsior Alimentos' 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 Excelsior Alimentos is operating at the current time. Most of Excelsior Alimentos' value examination focuses on studying past and present price action to predict the probability of Excelsior Alimentos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Excelsior Alimentos' price. Additionally, you may evaluate how the addition of Excelsior Alimentos to your portfolios can decrease your overall portfolio volatility.