Caixa Seguridade (Brazil) Market Value
| CXSE3 Stock | BRL 14.97 0.10 0.67% |
| Symbol | Caixa |
Caixa Seguridade '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 Caixa Seguridade'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 Caixa Seguridade.
| 05/07/2023 |
| 11/27/2024 |
If you would invest 0.00 in Caixa Seguridade on May 7, 2023 and sell it all today you would earn a total of 0.00 from holding Caixa Seguridade Participaes or generate 0.0% return on investment in Caixa Seguridade over 570 days. Caixa Seguridade is related to or competes with Porto Seguro, Energisa, BTG Pactual, Plano Plano, Companhia Habitasul, Procter Gamble, and Telefonaktiebolaget. Caixa Seguridade Participaes S.A. provides various life and non-life insurance policies in Brazil More
Caixa Seguridade 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 Caixa Seguridade'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 Caixa Seguridade Participaes upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 8.7 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 2.69 |
Caixa Seguridade Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Caixa Seguridade's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Caixa Seguridade's standard deviation. In reality, there are many statistical measures that can use Caixa Seguridade historical prices to predict the future Caixa Seguridade's volatility.| Risk Adjusted Performance | 0.0305 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.112 |
Caixa Seguridade Par Backtested Returns
Caixa Seguridade Par secures Sharpe Ratio (or Efficiency) of -0.0325, which signifies that the company had a -0.0325% return per unit of risk over the last 3 months. Caixa Seguridade Participaes exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Caixa Seguridade's Downside Deviation of 1.31, risk adjusted performance of 0.0305, and Mean Deviation of 1.02 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Caixa Seguridade's returns are expected to increase less than the market. However, during the bear market, the loss of holding Caixa Seguridade is expected to be smaller as well. At this point, Caixa Seguridade Par has a negative expected return of -0.0455%. Please make sure to confirm Caixa Seguridade's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Caixa Seguridade Par performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Caixa Seguridade Participaes has insignificant reverse predictability. Overlapping area represents the amount of predictability between Caixa Seguridade time series from 7th of May 2023 to 16th of February 2024 and 16th of February 2024 to 27th 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 Caixa Seguridade Par price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Caixa Seguridade price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Caixa Seguridade Par lagged returns against current returns
Autocorrelation, which is Caixa Seguridade 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 Caixa Seguridade's stock expected returns. We can calculate the autocorrelation of Caixa Seguridade returns to help us make a trade decision. For example, suppose you find that Caixa Seguridade 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 |
Caixa Seguridade 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 Caixa Seguridade stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Caixa Seguridade stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Caixa Seguridade stock over time.
Current vs Lagged Prices |
| Timeline |
Caixa Seguridade Lagged Returns
When evaluating Caixa Seguridade's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Caixa Seguridade stock have on its future price. Caixa Seguridade 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, Caixa Seguridade autocorrelation shows the relationship between Caixa Seguridade stock current value and its past values and can show if there is a momentum factor associated with investing in Caixa Seguridade Participaes.
Regressed Prices |
| Timeline |
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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.Additional Tools for Caixa Stock Analysis
When running Caixa Seguridade's price analysis, check to measure Caixa Seguridade'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 Caixa Seguridade is operating at the current time. Most of Caixa Seguridade's value examination focuses on studying past and present price action to predict the probability of Caixa Seguridade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caixa Seguridade's price. Additionally, you may evaluate how the addition of Caixa Seguridade to your portfolios can decrease your overall portfolio volatility.