Kinea Oportunidades (Brazil) Market Value
| KORE11 Fund | 85.11 1.23 1.42% |
| Symbol | Kinea |
Kinea Oportunidades '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 Oportunidades' 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 Oportunidades.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Kinea Oportunidades on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Kinea Oportunidades Real or generate 0.0% return on investment in Kinea Oportunidades over 30 days.
Kinea Oportunidades 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 Oportunidades' 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 Oportunidades Real upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 9.02 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 2.12 |
Kinea Oportunidades Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinea Oportunidades' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kinea Oportunidades' standard deviation. In reality, there are many statistical measures that can use Kinea Oportunidades historical prices to predict the future Kinea Oportunidades' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (5.10) |
Kinea Oportunidades Real Backtested Returns
Kinea Oportunidades Real has Sharpe Ratio of -0.16, which conveys that the entity had a -0.16% return per unit of risk over the last 3 months. Kinea Oportunidades exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kinea Oportunidades' Risk Adjusted Performance of (0.09), standard deviation of 1.63, and Mean Deviation of 1.13 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.0405, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kinea Oportunidades' returns are expected to increase less than the market. However, during the bear market, the loss of holding Kinea Oportunidades is expected to be smaller as well.
Auto-correlation | -0.95 |
Near perfect reversele predictability
Kinea Oportunidades Real has near perfect reversele predictability. Overlapping area represents the amount of predictability between Kinea Oportunidades time series from 29th of October 2024 to 13th of November 2024 and 13th of November 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 Kinea Oportunidades Real price movement. The serial correlation of -0.95 indicates that approximately 95.0% of current Kinea Oportunidades price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.95 | |
| Spearman Rank Test | -0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 11.58 |
Kinea Oportunidades Real lagged returns against current returns
Autocorrelation, which is Kinea Oportunidades 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 Oportunidades' fund expected returns. We can calculate the autocorrelation of Kinea Oportunidades returns to help us make a trade decision. For example, suppose you find that Kinea Oportunidades 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 Oportunidades 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 Oportunidades fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kinea Oportunidades fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kinea Oportunidades fund over time.
Current vs Lagged Prices |
| Timeline |
Kinea Oportunidades Lagged Returns
When evaluating Kinea Oportunidades' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kinea Oportunidades fund have on its future price. Kinea Oportunidades 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 Oportunidades autocorrelation shows the relationship between Kinea Oportunidades fund current value and its past values and can show if there is a momentum factor associated with investing in Kinea Oportunidades Real.
Regressed Prices |
| Timeline |
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