Kinea Rendimentos (Brazil) Market Value
| KNCR11 Fund | BRL 100.69 0.23 0.23% |
| Symbol | Kinea |
Kinea Rendimentos '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 Kinea Rendimentos' 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 Kinea Rendimentos.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Kinea Rendimentos on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Kinea Rendimentos Imobilirios or generate 0.0% return on investment in Kinea Rendimentos over 30 days. Kinea Rendimentos is related to or competes with Kinea Indices, Kinea Renda, Kinea Fundo. More
Kinea Rendimentos 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 Kinea Rendimentos' 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 Kinea Rendimentos Imobilirios upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9944 | |||
| Information Ratio | 8.0E-4 | |||
| Maximum Drawdown | 4.4 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.84 |
Kinea Rendimentos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinea Rendimentos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kinea Rendimentos' standard deviation. In reality, there are many statistical measures that can use Kinea Rendimentos historical prices to predict the future Kinea Rendimentos' volatility.| Risk Adjusted Performance | 0.0141 | |||
| Jensen Alpha | 0.005 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 9.0E-4 | |||
| Treynor Ratio | 0.0354 |
Kinea Rendimentos Backtested Returns
At this point, Kinea Rendimentos is very steady. Kinea Rendimentos has Sharpe Ratio of close to zero, which conveys that the entity had a close to zero % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kinea Rendimentos, which you can use to evaluate the volatility of the fund. Please verify Kinea Rendimentos' Downside Deviation of 0.9944, mean deviation of 0.7485, and Risk Adjusted Performance of 0.0141 to check out if the risk estimate we provide is consistent with the expected return of 0.0068%. The fund secures a Beta (Market Risk) of 0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kinea Rendimentos' returns are expected to increase less than the market. However, during the bear market, the loss of holding Kinea Rendimentos is expected to be smaller as well.
Auto-correlation | -0.24 |
Weak reverse predictability
Kinea Rendimentos Imobilirios has weak reverse predictability. Overlapping area represents the amount of predictability between Kinea Rendimentos time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kinea Rendimentos price movement. The serial correlation of -0.24 indicates that over 24.0% of current Kinea Rendimentos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.42 |
Kinea Rendimentos lagged returns against current returns
Autocorrelation, which is Kinea Rendimentos 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 Kinea Rendimentos' fund expected returns. We can calculate the autocorrelation of Kinea Rendimentos returns to help us make a trade decision. For example, suppose you find that Kinea Rendimentos 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 |
Kinea Rendimentos 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 Kinea Rendimentos fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kinea Rendimentos fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kinea Rendimentos fund over time.
Current vs Lagged Prices |
| Timeline |
Kinea Rendimentos Lagged Returns
When evaluating Kinea Rendimentos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kinea Rendimentos fund have on its future price. Kinea Rendimentos 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, Kinea Rendimentos autocorrelation shows the relationship between Kinea Rendimentos fund current value and its past values and can show if there is a momentum factor associated with investing in Kinea Rendimentos Imobilirios.
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 Kinea Fund
Kinea Rendimentos financial ratios help investors to determine whether Kinea 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 Kinea with respect to the benefits of owning Kinea Rendimentos security.
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