Grazziotin (Brazil) Market Value
| CGRA3 Stock | BRL 24.89 0.75 2.93% |
| Symbol | Grazziotin |
Grazziotin '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 Grazziotin'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 Grazziotin.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Grazziotin on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Grazziotin SA or generate 0.0% return on investment in Grazziotin over 30 days. Grazziotin is related to or competes with Grazziotin, Grendene, Guararapes Confeces, M Dias, and Marcopolo. The company stores offer clothing, home decorations, intimate line products, confections, footwear, beds, tables, and ba... More
Grazziotin 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 Grazziotin'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 Grazziotin SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 7.21 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 2.39 |
Grazziotin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grazziotin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grazziotin's standard deviation. In reality, there are many statistical measures that can use Grazziotin historical prices to predict the future Grazziotin's volatility.| Risk Adjusted Performance | 0.0144 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0421 |
Grazziotin SA Backtested Returns
Grazziotin SA holds Efficiency (Sharpe) Ratio of -0.0287, which attests that the entity had a -0.0287% return per unit of standard deviation over the last 3 months. Grazziotin SA exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grazziotin's market risk adjusted performance of 0.0521, and Risk Adjusted Performance of 0.0144 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Grazziotin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grazziotin is expected to be smaller as well. At this point, Grazziotin SA has a negative expected return of -0.0424%. Please make sure to check out Grazziotin's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Grazziotin SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.48 |
Modest reverse predictability
Grazziotin SA has modest reverse predictability. Overlapping area represents the amount of predictability between Grazziotin 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 Grazziotin SA price movement. The serial correlation of -0.48 indicates that about 48.0% of current Grazziotin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Grazziotin SA lagged returns against current returns
Autocorrelation, which is Grazziotin 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 Grazziotin's stock expected returns. We can calculate the autocorrelation of Grazziotin returns to help us make a trade decision. For example, suppose you find that Grazziotin 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 |
Grazziotin 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 Grazziotin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grazziotin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grazziotin stock over time.
Current vs Lagged Prices |
| Timeline |
Grazziotin Lagged Returns
When evaluating Grazziotin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grazziotin stock have on its future price. Grazziotin 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, Grazziotin autocorrelation shows the relationship between Grazziotin stock current value and its past values and can show if there is a momentum factor associated with investing in Grazziotin SA.
Regressed Prices |
| Timeline |
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When running Grazziotin's price analysis, check to measure Grazziotin'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 Grazziotin is operating at the current time. Most of Grazziotin's value examination focuses on studying past and present price action to predict the probability of Grazziotin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grazziotin's price. Additionally, you may evaluate how the addition of Grazziotin to your portfolios can decrease your overall portfolio volatility.