Consrcio Alfa (Brazil) Market Value
| BRGE12 Stock | BRL 13.47 0.00 0.00% |
| Symbol | Consrcio |
Consrcio Alfa '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 Consrcio Alfa'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 Consrcio Alfa.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Consrcio Alfa on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Consrcio Alfa de or generate 0.0% return on investment in Consrcio Alfa over 360 days. Consrcio Alfa is related to or competes with Consrcio Alfa, Consrcio Alfa, Financeira Alfa, Banco Alfa, and Financeira Alfa. Consrcio Alfa de Administrao S.A., through its subsidiaries, provides financing, insurance, and technology and services ... More
Consrcio Alfa 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 Consrcio Alfa'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 Consrcio Alfa de upside and downside potential and time the market with a certain degree of confidence.
Consrcio Alfa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Consrcio Alfa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Consrcio Alfa's standard deviation. In reality, there are many statistical measures that can use Consrcio Alfa historical prices to predict the future Consrcio Alfa's volatility.Consrcio Alfa de Backtested Returns
We have found three technical indicators for Consrcio Alfa de, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Consrcio Alfa are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Consrcio Alfa de has no correlation between past and present. Overlapping area represents the amount of predictability between Consrcio Alfa time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Consrcio Alfa de price movement. The serial correlation of 0.0 indicates that just 0.0% of current Consrcio Alfa price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Consrcio Alfa de lagged returns against current returns
Autocorrelation, which is Consrcio Alfa 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 Consrcio Alfa's stock expected returns. We can calculate the autocorrelation of Consrcio Alfa returns to help us make a trade decision. For example, suppose you find that Consrcio Alfa 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 |
Consrcio Alfa 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 Consrcio Alfa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Consrcio Alfa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Consrcio Alfa stock over time.
Current vs Lagged Prices |
| Timeline |
Consrcio Alfa Lagged Returns
When evaluating Consrcio Alfa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Consrcio Alfa stock have on its future price. Consrcio Alfa 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, Consrcio Alfa autocorrelation shows the relationship between Consrcio Alfa stock current value and its past values and can show if there is a momentum factor associated with investing in Consrcio Alfa de.
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 Consrcio Stock
Consrcio Alfa financial ratios help investors to determine whether Consrcio Stock 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 Consrcio with respect to the benefits of owning Consrcio Alfa security.