Infracommerce CXaaS (Brazil) Market Value
| IFCM3 Stock | BRL 0.11 0.01 8.33% |
| Symbol | Infracommerce |
Infracommerce CXaaS '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 Infracommerce CXaaS'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 Infracommerce CXaaS.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Infracommerce CXaaS on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Infracommerce CXaaS SA or generate 0.0% return on investment in Infracommerce CXaaS over 180 days. Infracommerce CXaaS is related to or competes with Mliuz SA, Lojas Quero, GPS Participaes, Grupo SBF, and Enjoei SA. Infracommerce Cxaas S.A. provides digital solutions for the e-commerce operations in Brazil and Latin America More
Infracommerce CXaaS 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 Infracommerce CXaaS'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 Infracommerce CXaaS SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 44.95 | |||
| Value At Risk | (11.76) | |||
| Potential Upside | 12.5 |
Infracommerce CXaaS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Infracommerce CXaaS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Infracommerce CXaaS's standard deviation. In reality, there are many statistical measures that can use Infracommerce CXaaS historical prices to predict the future Infracommerce CXaaS's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (1.51) | |||
| Treynor Ratio | (0.28) |
Infracommerce CXaaS Backtested Returns
Infracommerce CXaaS holds Efficiency (Sharpe) Ratio of -0.0227, which attests that the entity had a -0.0227% return per unit of risk over the last 3 months. Infracommerce CXaaS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Infracommerce CXaaS's Standard Deviation of 7.43, market risk adjusted performance of (0.27), and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.43, which attests to 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, Infracommerce CXaaS will likely underperform. At this point, Infracommerce CXaaS has a negative expected return of -0.16%. Please make sure to check out Infracommerce CXaaS's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Infracommerce CXaaS performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Infracommerce CXaaS SA has modest predictability. Overlapping area represents the amount of predictability between Infracommerce CXaaS time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 Infracommerce CXaaS price movement. The serial correlation of 0.52 indicates that about 52.0% of current Infracommerce CXaaS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Infracommerce CXaaS lagged returns against current returns
Autocorrelation, which is Infracommerce CXaaS 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 Infracommerce CXaaS's stock expected returns. We can calculate the autocorrelation of Infracommerce CXaaS returns to help us make a trade decision. For example, suppose you find that Infracommerce CXaaS 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 |
Infracommerce CXaaS 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 Infracommerce CXaaS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Infracommerce CXaaS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Infracommerce CXaaS stock over time.
Current vs Lagged Prices |
| Timeline |
Infracommerce CXaaS Lagged Returns
When evaluating Infracommerce CXaaS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Infracommerce CXaaS stock have on its future price. Infracommerce CXaaS 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, Infracommerce CXaaS autocorrelation shows the relationship between Infracommerce CXaaS stock current value and its past values and can show if there is a momentum factor associated with investing in Infracommerce CXaaS SA.
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 Infracommerce Stock Analysis
When running Infracommerce CXaaS's price analysis, check to measure Infracommerce CXaaS'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 Infracommerce CXaaS is operating at the current time. Most of Infracommerce CXaaS's value examination focuses on studying past and present price action to predict the probability of Infracommerce CXaaS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Infracommerce CXaaS's price. Additionally, you may evaluate how the addition of Infracommerce CXaaS to your portfolios can decrease your overall portfolio volatility.