Capitania Infra (Brazil) Market Value
| CPTI11 Etf | BRL 86.65 0.71 0.83% |
| Symbol | Capitania |
Please note, there is a significant difference between Capitania Infra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Capitania Infra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capitania Infra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Capitania Infra '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 Capitania Infra'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 Capitania Infra.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Capitania Infra on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding Capitania Infra Fic or generate 0.0% return on investment in Capitania Infra over 540 days. Capitania Infra is related to or competes with Energisa, BTG Pactual, Plano Plano, Companhia Habitasul, Procter Gamble, Telefonaktiebolaget, and Cable One. More
Capitania Infra 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 Capitania Infra'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 Capitania Infra Fic upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.44) | |||
| Maximum Drawdown | 2.95 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 0.8061 |
Capitania Infra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Capitania Infra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capitania Infra's standard deviation. In reality, there are many statistical measures that can use Capitania Infra historical prices to predict the future Capitania Infra's volatility.| Risk Adjusted Performance | (0.19) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | 14.64 |
Capitania Infra Fic Backtested Returns
Capitania Infra Fic secures Sharpe Ratio (or Efficiency) of -0.23, which signifies that the etf had a -0.23% return per unit of risk over the last 3 months. Capitania Infra Fic exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Capitania Infra's Risk Adjusted Performance of (0.19), standard deviation of 0.6917, and Mean Deviation of 0.5346 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of -0.0123, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Capitania Infra are expected to decrease at a much lower rate. During the bear market, Capitania Infra is likely to outperform the market.
Auto-correlation | -0.27 |
Weak reverse predictability
Capitania Infra Fic has weak reverse predictability. Overlapping area represents the amount of predictability between Capitania Infra time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th 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 Capitania Infra Fic price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Capitania Infra price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 20.93 |
Capitania Infra Fic lagged returns against current returns
Autocorrelation, which is Capitania Infra 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 Capitania Infra's etf expected returns. We can calculate the autocorrelation of Capitania Infra returns to help us make a trade decision. For example, suppose you find that Capitania Infra 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 |
Capitania Infra 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 Capitania Infra etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capitania Infra etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capitania Infra etf over time.
Current vs Lagged Prices |
| Timeline |
Capitania Infra Lagged Returns
When evaluating Capitania Infra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capitania Infra etf have on its future price. Capitania Infra 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, Capitania Infra autocorrelation shows the relationship between Capitania Infra etf current value and its past values and can show if there is a momentum factor associated with investing in Capitania Infra Fic.
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 Capitania Etf
Capitania Infra financial ratios help investors to determine whether Capitania Etf 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 Capitania with respect to the benefits of owning Capitania Infra security.