Fertilizantes Heringer (Brazil) Market Value
| FHER3 Stock | BRL 5.77 0.58 9.13% |
| Symbol | Fertilizantes |
Fertilizantes Heringer '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 Fertilizantes Heringer'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 Fertilizantes Heringer.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in Fertilizantes Heringer on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding Fertilizantes Heringer SA or generate 0.0% return on investment in Fertilizantes Heringer over 30 days. Fertilizantes Heringer is related to or competes with Toyota, Honda, Taiwan Semiconductor, Sony, Mitsubishi UFJ, Alibaba Group, and Ita Unibanco. Fertilizantes Heringer S.A. engages in the production, marketing, and distribution of fertilizers in Brazil More
Fertilizantes Heringer 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 Fertilizantes Heringer'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 Fertilizantes Heringer SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.0 | |||
| Information Ratio | 0.0917 | |||
| Maximum Drawdown | 103.94 | |||
| Value At Risk | (7.16) | |||
| Potential Upside | 6.25 |
Fertilizantes Heringer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fertilizantes Heringer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fertilizantes Heringer's standard deviation. In reality, there are many statistical measures that can use Fertilizantes Heringer historical prices to predict the future Fertilizantes Heringer's volatility.| Risk Adjusted Performance | 0.0805 | |||
| Jensen Alpha | 1.14 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.2927 | |||
| Treynor Ratio | 0.9073 |
Fertilizantes Heringer Backtested Returns
Fertilizantes Heringer is very risky given 3 months investment horizon. Fertilizantes Heringer secures Sharpe Ratio (or Efficiency) of 0.0907, which denotes the company had a 0.0907% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.19% are justified by taking the suggested risk. Use Fertilizantes Heringer Downside Deviation of 4.0, mean deviation of 4.77, and Coefficient Of Variation of 1016.04 to evaluate company specific risk that cannot be diversified away. Fertilizantes Heringer holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.37, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Fertilizantes Heringer will likely underperform. Use Fertilizantes Heringer treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to analyze future returns on Fertilizantes Heringer.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Fertilizantes Heringer SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Fertilizantes Heringer time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th of December 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 Fertilizantes Heringer price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Fertilizantes Heringer price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 3.14 |
Fertilizantes Heringer lagged returns against current returns
Autocorrelation, which is Fertilizantes Heringer 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 Fertilizantes Heringer's stock expected returns. We can calculate the autocorrelation of Fertilizantes Heringer returns to help us make a trade decision. For example, suppose you find that Fertilizantes Heringer 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 |
Fertilizantes Heringer 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 Fertilizantes Heringer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fertilizantes Heringer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fertilizantes Heringer stock over time.
Current vs Lagged Prices |
| Timeline |
Fertilizantes Heringer Lagged Returns
When evaluating Fertilizantes Heringer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fertilizantes Heringer stock have on its future price. Fertilizantes Heringer 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, Fertilizantes Heringer autocorrelation shows the relationship between Fertilizantes Heringer stock current value and its past values and can show if there is a momentum factor associated with investing in Fertilizantes Heringer SA.
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.Additional Tools for Fertilizantes Stock Analysis
When running Fertilizantes Heringer's price analysis, check to measure Fertilizantes Heringer'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 Fertilizantes Heringer is operating at the current time. Most of Fertilizantes Heringer's value examination focuses on studying past and present price action to predict the probability of Fertilizantes Heringer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fertilizantes Heringer's price. Additionally, you may evaluate how the addition of Fertilizantes Heringer to your portfolios can decrease your overall portfolio volatility.