Banco Mercantil (Brazil) Market Value
| BMEB3 Stock | BRL 37.00 1.00 2.78% |
| Symbol | Banco |
Banco Mercantil '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 Banco Mercantil'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 Banco Mercantil.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Banco Mercantil on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Banco Mercantil do or generate 0.0% return on investment in Banco Mercantil over 30 days. Banco Mercantil is related to or competes with Fras Le, BTG Pactual, Telefonaktiebolaget, Cable One, Randon SA, and Alphabet. Banco Mercantil do Brasil S.A., together with its subsidiaries, provides financial services to individuals and corporate... More
Banco Mercantil 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 Banco Mercantil'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 Banco Mercantil do upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.92 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 12.42 | |||
| Value At Risk | (3.14) | |||
| Potential Upside | 2.83 |
Banco Mercantil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banco Mercantil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banco Mercantil's standard deviation. In reality, there are many statistical measures that can use Banco Mercantil historical prices to predict the future Banco Mercantil's volatility.| Risk Adjusted Performance | 0.0475 | |||
| Jensen Alpha | 0.1629 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.15) |
Banco Mercantil do Backtested Returns
Currently, Banco Mercantil do is very steady. Banco Mercantil do secures Sharpe Ratio (or Efficiency) of 0.0325, which signifies that the company had a 0.0325% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Banco Mercantil do, which you can use to evaluate the volatility of the firm. Please confirm Banco Mercantil's Risk Adjusted Performance of 0.0475, mean deviation of 1.1, and Downside Deviation of 2.92 to double-check if the risk estimate we provide is consistent with the expected return of 0.0623%. Banco Mercantil has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.59, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Banco Mercantil are expected to decrease at a much lower rate. During the bear market, Banco Mercantil is likely to outperform the market. Banco Mercantil do right now shows a risk of 1.92%. Please confirm Banco Mercantil do total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Banco Mercantil do will be following its price patterns.
Auto-correlation | -0.59 |
Good reverse predictability
Banco Mercantil do has good reverse predictability. Overlapping area represents the amount of predictability between Banco Mercantil time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Banco Mercantil do price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Banco Mercantil price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.44 |
Banco Mercantil do lagged returns against current returns
Autocorrelation, which is Banco Mercantil 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 Banco Mercantil's stock expected returns. We can calculate the autocorrelation of Banco Mercantil returns to help us make a trade decision. For example, suppose you find that Banco Mercantil 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 |
Banco Mercantil 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 Banco Mercantil stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banco Mercantil stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banco Mercantil stock over time.
Current vs Lagged Prices |
| Timeline |
Banco Mercantil Lagged Returns
When evaluating Banco Mercantil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banco Mercantil stock have on its future price. Banco Mercantil 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, Banco Mercantil autocorrelation shows the relationship between Banco Mercantil stock current value and its past values and can show if there is a momentum factor associated with investing in Banco Mercantil do.
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 Banco Stock Analysis
When running Banco Mercantil's price analysis, check to measure Banco Mercantil'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 Banco Mercantil is operating at the current time. Most of Banco Mercantil's value examination focuses on studying past and present price action to predict the probability of Banco Mercantil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banco Mercantil's price. Additionally, you may evaluate how the addition of Banco Mercantil to your portfolios can decrease your overall portfolio volatility.