Investo Marketvector's market value is the price at which a share of Investo Marketvector trades on a public exchange. It measures the collective expectations of Investo Marketvector Brazil investors about its performance. Investo Marketvector is trading at 134.41 as of the 25th of November 2024, a 1.72 percent increase since the beginning of the trading day. The etf's open price was 132.14. With this module, you can estimate the performance of a buy and hold strategy of Investo Marketvector Brazil and determine expected loss or profit from investing in Investo Marketvector over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Investo
Investo Marketvector '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 Investo Marketvector's etf 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 Investo Marketvector.
0.00
02/29/2024
No Change 0.00
0.0
In 8 months and 28 days
11/25/2024
0.00
If you would invest 0.00 in Investo Marketvector on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Investo Marketvector Brazil or generate 0.0% return on investment in Investo Marketvector over 270 days.
Investo Marketvector 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 Investo Marketvector's etf 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 Investo Marketvector Brazil upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Investo Marketvector's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Investo Marketvector's standard deviation. In reality, there are many statistical measures that can use Investo Marketvector historical prices to predict the future Investo Marketvector's volatility.
At this point, Investo Marketvector is very steady. Investo Marketvector holds Efficiency (Sharpe) Ratio of 0.0303, which attests that the entity had a 0.0303% return per unit of risk over the last 3 months. We have found thirty technical indicators for Investo Marketvector, which you can use to evaluate the volatility of the entity. Please check out Investo Marketvector's Risk Adjusted Performance of 0.0229, market risk adjusted performance of 0.0642, and Downside Deviation of 0.8192 to validate if the risk estimate we provide is consistent with the expected return of 0.027%. The etf retains a Market Volatility (i.e., Beta) of 0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Investo Marketvector's returns are expected to increase less than the market. However, during the bear market, the loss of holding Investo Marketvector is expected to be smaller as well.
Auto-correlation
0.21
Weak predictability
Investo Marketvector Brazil has weak predictability. Overlapping area represents the amount of predictability between Investo Marketvector time series from 29th of February 2024 to 13th of July 2024 and 13th of July 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 Investo Marketvector price movement. The serial correlation of 0.21 indicates that over 21.0% of current Investo Marketvector price fluctuation can be explain by its past prices.
Correlation Coefficient
0.21
Spearman Rank Test
0.16
Residual Average
0.0
Price Variance
14.18
Investo Marketvector lagged returns against current returns
Autocorrelation, which is Investo Marketvector etf'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 Investo Marketvector's etf expected returns. We can calculate the autocorrelation of Investo Marketvector returns to help us make a trade decision. For example, suppose you find that Investo Marketvector has exhibited high autocorrelation historically, and you observe that the etf 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
Investo Marketvector 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 Investo Marketvector etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Investo Marketvector etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Investo Marketvector etf over time.
Current vs Lagged Prices
Timeline
Investo Marketvector Lagged Returns
When evaluating Investo Marketvector's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Investo Marketvector etf have on its future price. Investo Marketvector 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, Investo Marketvector autocorrelation shows the relationship between Investo Marketvector etf current value and its past values and can show if there is a momentum factor associated with investing in Investo Marketvector Brazil.
Regressed Prices
Timeline
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