Hedge Realty (Brazil) Market Value
| HRDF11 Fund | BRL 3.60 0.10 2.86% |
| Symbol | Hedge |
Please note, there is a significant difference between Hedge Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hedge Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hedge Realty's 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.
Hedge Realty '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 Realty'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 Realty.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Hedge Realty on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Hedge Realty Development or generate 0.0% return on investment in Hedge Realty over 720 days. Hedge Realty is related to or competes with Energisa, BTG Pactual, Plano Plano, Companhia Habitasul, Procter Gamble, Telefonaktiebolaget, and Cable One. More
Hedge Realty 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 Realty'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 Realty Development upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.98 | |||
| Information Ratio | 0.055 | |||
| Maximum Drawdown | 26.91 | |||
| Value At Risk | (4.44) | |||
| Potential Upside | 6.9 |
Hedge Realty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hedge Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hedge Realty's standard deviation. In reality, there are many statistical measures that can use Hedge Realty historical prices to predict the future Hedge Realty's volatility.| Risk Adjusted Performance | 0.0775 | |||
| Jensen Alpha | 0.1995 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0529 | |||
| Treynor Ratio | 0.3114 |
Hedge Realty Development Backtested Returns
Hedge Realty appears to be unstable, given 3 months investment horizon. Hedge Realty Development holds Efficiency (Sharpe) Ratio of 0.0924, which attests that the entity had a 0.0924% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Hedge Realty Development, which you can use to evaluate the volatility of the entity. Please utilize Hedge Realty's Market Risk Adjusted Performance of 0.3214, downside deviation of 3.98, and Risk Adjusted Performance of 0.0775 to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of 1.09, which attests to a somewhat significant risk relative to the market. Hedge Realty returns are very sensitive to returns on the market. As the market goes up or down, Hedge Realty is expected to follow.
Auto-correlation | 0.24 |
Weak predictability
Hedge Realty Development has weak predictability. Overlapping area represents the amount of predictability between Hedge Realty time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Realty Development price movement. The serial correlation of 0.24 indicates that over 24.0% of current Hedge Realty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Hedge Realty Development lagged returns against current returns
Autocorrelation, which is Hedge Realty 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 Realty's fund expected returns. We can calculate the autocorrelation of Hedge Realty returns to help us make a trade decision. For example, suppose you find that Hedge Realty 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 Realty 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 Realty fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hedge Realty fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hedge Realty fund over time.
Current vs Lagged Prices |
| Timeline |
Hedge Realty Lagged Returns
When evaluating Hedge Realty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hedge Realty fund have on its future price. Hedge Realty 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 Realty autocorrelation shows the relationship between Hedge Realty fund current value and its past values and can show if there is a momentum factor associated with investing in Hedge Realty Development.
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 Hedge Fund
Hedge Realty financial ratios help investors to determine whether Hedge Fund 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 Hedge with respect to the benefits of owning Hedge Realty security.
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