Castello Branco (Brazil) Market Value
| CBOP11 Fund | BRL 24.00 0.50 2.04% |
| Symbol | Castello |
Castello Branco '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 Castello Branco's fund 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 Castello Branco.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Castello Branco on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Castello Branco Off or generate 0.0% return on investment in Castello Branco over 30 days. Castello Branco is related to or competes with BTG Pactual. More
Castello Branco 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 Castello Branco's fund 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 Castello Branco Off upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 13.52 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 2.02 |
Castello Branco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Castello Branco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Castello Branco's standard deviation. In reality, there are many statistical measures that can use Castello Branco historical prices to predict the future Castello Branco's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | 0.9228 |
Castello Branco Off Backtested Returns
Castello Branco Off secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the fund had a -0.13% return per unit of risk over the last 3 months. Castello Branco Off exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Castello Branco's Risk Adjusted Performance of (0.08), standard deviation of 1.71, and Mean Deviation of 0.9746 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Castello Branco are expected to decrease at a much lower rate. During the bear market, Castello Branco is likely to outperform the market.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Castello Branco Off has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Castello Branco time series from 29th of October 2024 to 13th of November 2024 and 13th of November 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 Castello Branco Off price movement. The serial correlation of -0.72 indicates that around 72.0% of current Castello Branco price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.76 |
Castello Branco Off lagged returns against current returns
Autocorrelation, which is Castello Branco fund'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 Castello Branco's fund expected returns. We can calculate the autocorrelation of Castello Branco returns to help us make a trade decision. For example, suppose you find that Castello Branco has exhibited high autocorrelation historically, and you observe that the fund 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 |
Castello Branco 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 Castello Branco fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Castello Branco fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Castello Branco fund over time.
Current vs Lagged Prices |
| Timeline |
Castello Branco Lagged Returns
When evaluating Castello Branco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Castello Branco fund have on its future price. Castello Branco 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, Castello Branco autocorrelation shows the relationship between Castello Branco fund current value and its past values and can show if there is a momentum factor associated with investing in Castello Branco Off.
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 Castello Fund
Castello Branco financial ratios help investors to determine whether Castello Fund 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 Castello with respect to the benefits of owning Castello Branco security.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |