Capitania Securities (Brazil) Market Value
| CPTS11B Etf | BRL 7.02 0.01 0.14% |
| Symbol | Capitania |
Please note, there is a significant difference between Capitania Securities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Capitania Securities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capitania Securities' 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 Securities '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 Securities' 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 Securities.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Capitania Securities on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding Capitania Securities II or generate 0.0% return on investment in Capitania Securities over 60 days. Capitania Securities is related to or competes with BTG Pactual, Plano Plano, Companhia Habitasul, Procter Gamble, Telefonaktiebolaget, Cable One, and ATMA Participaes. More
Capitania Securities 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 Securities' 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 Securities II upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 19.84 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 0.9009 |
Capitania Securities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Capitania Securities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capitania Securities' standard deviation. In reality, there are many statistical measures that can use Capitania Securities historical prices to predict the future Capitania Securities' volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.59) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | (1.67) |
Capitania Securities Backtested Returns
Capitania Securities secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the etf had a -0.22% return per unit of risk over the last 3 months. Capitania Securities II exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Capitania Securities' Risk Adjusted Performance of (0.15), standard deviation of 2.57, and Mean Deviation of 0.9855 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Capitania Securities' returns are expected to increase less than the market. However, during the bear market, the loss of holding Capitania Securities is expected to be smaller as well.
Auto-correlation | -0.28 |
Weak reverse predictability
Capitania Securities II has weak reverse predictability. Overlapping area represents the amount of predictability between Capitania Securities time series from 27th of September 2024 to 27th of October 2024 and 27th of October 2024 to 26th 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 Securities price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Capitania Securities price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Capitania Securities lagged returns against current returns
Autocorrelation, which is Capitania Securities 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 Securities' etf expected returns. We can calculate the autocorrelation of Capitania Securities returns to help us make a trade decision. For example, suppose you find that Capitania Securities 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 Securities 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 Securities etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capitania Securities etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capitania Securities etf over time.
Current vs Lagged Prices |
| Timeline |
Capitania Securities Lagged Returns
When evaluating Capitania Securities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capitania Securities etf have on its future price. Capitania Securities 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 Securities autocorrelation shows the relationship between Capitania Securities etf current value and its past values and can show if there is a momentum factor associated with investing in Capitania Securities II.
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 Securities 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 Securities security.