Equatorial Par (Brazil) Market Value
| EQPA3 Stock | BRL 5.62 0.16 2.77% |
| Symbol | Equatorial |
Equatorial Par '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 Equatorial Par'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 Equatorial Par.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Equatorial Par on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Equatorial Par Distribuidora or generate 0.0% return on investment in Equatorial Par over 30 days. Equatorial Par is related to or competes with Rede Energia, Atom Empreendimentos, Renova Energia, Unicasa Indstria, and Banestes. Equatorial Par Distribuidora de Energia S.A More
Equatorial Par 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 Equatorial Par'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 Equatorial Par Distribuidora upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.86 | |||
| Information Ratio | 0.0282 | |||
| Maximum Drawdown | 13.21 | |||
| Value At Risk | (3.75) | |||
| Potential Upside | 3.15 |
Equatorial Par Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Equatorial Par's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Equatorial Par's standard deviation. In reality, there are many statistical measures that can use Equatorial Par historical prices to predict the future Equatorial Par's volatility.| Risk Adjusted Performance | 0.0283 | |||
| Jensen Alpha | 0.0481 | |||
| Total Risk Alpha | 0.0649 | |||
| Sortino Ratio | 0.0292 | |||
| Treynor Ratio | 1.88 |
Equatorial Par Distr Backtested Returns
Currently, Equatorial Par Distribuidora is somewhat reliable. Equatorial Par Distr secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of risk over the last 3 months. We have found thirty technical indicators for Equatorial Par Distribuidora, which you can use to evaluate the volatility of the firm. Please confirm Equatorial Par's Mean Deviation of 1.18, coefficient of variation of 3327.4, and Downside Deviation of 1.86 to check if the risk estimate we provide is consistent with the expected return of 0.0097%. The firm shows a Beta (market volatility) of 0.0255, which means not very significant fluctuations relative to the market. As returns on the market increase, Equatorial Par's returns are expected to increase less than the market. However, during the bear market, the loss of holding Equatorial Par is expected to be smaller as well. Equatorial Par Distr right now shows a risk of 1.95%. Please confirm Equatorial Par Distr sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Equatorial Par Distr will be following its price patterns.
Auto-correlation | 0.53 |
Modest predictability
Equatorial Par Distribuidora has modest predictability. Overlapping area represents the amount of predictability between Equatorial Par time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Equatorial Par Distr price movement. The serial correlation of 0.53 indicates that about 53.0% of current Equatorial Par price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Equatorial Par Distr lagged returns against current returns
Autocorrelation, which is Equatorial Par 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 Equatorial Par's stock expected returns. We can calculate the autocorrelation of Equatorial Par returns to help us make a trade decision. For example, suppose you find that Equatorial Par 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 |
Equatorial Par 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 Equatorial Par stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Equatorial Par stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Equatorial Par stock over time.
Current vs Lagged Prices |
| Timeline |
Equatorial Par Lagged Returns
When evaluating Equatorial Par's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Equatorial Par stock have on its future price. Equatorial Par 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, Equatorial Par autocorrelation shows the relationship between Equatorial Par stock current value and its past values and can show if there is a momentum factor associated with investing in Equatorial Par Distribuidora.
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 Equatorial Stock Analysis
When running Equatorial Par's price analysis, check to measure Equatorial Par'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 Equatorial Par is operating at the current time. Most of Equatorial Par's value examination focuses on studying past and present price action to predict the probability of Equatorial Par's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equatorial Par's price. Additionally, you may evaluate how the addition of Equatorial Par to your portfolios can decrease your overall portfolio volatility.