Intelbras (Brazil) Market Value
| INTB3 Stock | BRL 15.00 1.02 6.37% |
| Symbol | Intelbras |
Intelbras '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 Intelbras' 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 Intelbras.
| 05/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Intelbras on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding Intelbras SA or generate 0.0% return on investment in Intelbras over 570 days. Intelbras is related to or competes with Mliuz SA, Locaweb Servios, Pet Center, Aeris Indstria, and Neogrid Participaes. Intelbras S.A. - Indstria de Telecomunicao Eletrnica Brasileira provides safety, networks, communication, and energy rel... More
Intelbras 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 Intelbras' 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 Intelbras SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 8.24 | |||
| Value At Risk | (3.54) | |||
| Potential Upside | 2.06 |
Intelbras Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intelbras' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intelbras' standard deviation. In reality, there are many statistical measures that can use Intelbras historical prices to predict the future Intelbras' volatility.| Risk Adjusted Performance | (0.25) | |||
| Jensen Alpha | (0.62) | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | (2.54) |
Intelbras SA Backtested Returns
Intelbras SA holds Efficiency (Sharpe) Ratio of -0.32, which attests that the entity had a -0.32% return per unit of risk over the last 3 months. Intelbras SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Intelbras' Standard Deviation of 1.79, market risk adjusted performance of (2.53), and Risk Adjusted Performance of (0.25) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Intelbras' returns are expected to increase less than the market. However, during the bear market, the loss of holding Intelbras is expected to be smaller as well. At this point, Intelbras SA has a negative expected return of -0.58%. Please make sure to check out Intelbras' skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Intelbras SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.05 |
Very weak reverse predictability
Intelbras SA has very weak reverse predictability. Overlapping area represents the amount of predictability between Intelbras time series from 9th of May 2023 to 18th of February 2024 and 18th of February 2024 to 29th 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 Intelbras SA price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Intelbras price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 3.06 |
Intelbras SA lagged returns against current returns
Autocorrelation, which is Intelbras 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 Intelbras' stock expected returns. We can calculate the autocorrelation of Intelbras returns to help us make a trade decision. For example, suppose you find that Intelbras 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 |
Intelbras 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 Intelbras stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intelbras stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intelbras stock over time.
Current vs Lagged Prices |
| Timeline |
Intelbras Lagged Returns
When evaluating Intelbras' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intelbras stock have on its future price. Intelbras 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, Intelbras autocorrelation shows the relationship between Intelbras stock current value and its past values and can show if there is a momentum factor associated with investing in Intelbras 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 Intelbras Stock Analysis
When running Intelbras' price analysis, check to measure Intelbras' 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 Intelbras is operating at the current time. Most of Intelbras' value examination focuses on studying past and present price action to predict the probability of Intelbras' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intelbras' price. Additionally, you may evaluate how the addition of Intelbras to your portfolios can decrease your overall portfolio volatility.