Hedge Top (Brazil) Market Value
| HFOF11 Fund | 58.50 0.15 0.26% |
| Symbol | Hedge |
Hedge Top '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 Hedge Top's fund 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 Hedge Top.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Hedge Top on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Hedge Top Fofii or generate 0.0% return on investment in Hedge Top over 720 days.
Hedge Top 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 Hedge Top's fund 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 Hedge Top Fofii upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.58) | |||
| Maximum Drawdown | 4.17 | |||
| Value At Risk | (1.50) | |||
| Potential Upside | 0.5155 |
Hedge Top Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hedge Top's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hedge Top's standard deviation. In reality, there are many statistical measures that can use Hedge Top historical prices to predict the future Hedge Top's volatility.| Risk Adjusted Performance | (0.29) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 4.83 |
Hedge Top Fofii Backtested Returns
Hedge Top Fofii holds Efficiency (Sharpe) Ratio of -0.38, which attests that the entity had a -0.38% return per unit of risk over the last 3 months. Hedge Top Fofii exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hedge Top's Risk Adjusted Performance of (0.29), market risk adjusted performance of 4.84, and Standard Deviation of 0.6683 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.0536, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hedge Top are expected to decrease at a much lower rate. During the bear market, Hedge Top is likely to outperform the market.
Auto-correlation | -0.7 |
Very good reverse predictability
Hedge Top Fofii has very good reverse predictability. Overlapping area represents the amount of predictability between Hedge Top time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Hedge Top Fofii price movement. The serial correlation of -0.7 indicates that around 70.0% of current Hedge Top price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 31.53 |
Hedge Top Fofii lagged returns against current returns
Autocorrelation, which is Hedge Top fund'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 Hedge Top's fund expected returns. We can calculate the autocorrelation of Hedge Top returns to help us make a trade decision. For example, suppose you find that Hedge Top has exhibited high autocorrelation historically, and you observe that the fund 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 |
Hedge Top 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 Hedge Top fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hedge Top fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hedge Top fund over time.
Current vs Lagged Prices |
| Timeline |
Hedge Top Lagged Returns
When evaluating Hedge Top's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hedge Top fund have on its future price. Hedge Top 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, Hedge Top autocorrelation shows the relationship between Hedge Top fund current value and its past values and can show if there is a momentum factor associated with investing in Hedge Top Fofii.
Regressed Prices |
| Timeline |
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