Maxi Renda (Brazil) Market Value
| MXRF11 Fund | BRL 9.35 0.15 1.63% |
| Symbol | Maxi |
Maxi Renda '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 Maxi Renda'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 Maxi Renda.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Maxi Renda on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Maxi Renda Fundo or generate 0.0% return on investment in Maxi Renda over 30 days. Maxi Renda is related to or competes with Domo Fundo, Aesapar Fundo, and Ourinvest Jpp. Maxi Renda Fundo De Investimento Imobiliaro - FII specializes in real estate investments More
Maxi Renda 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 Maxi Renda'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 Maxi Renda Fundo upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 5.23 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 1.53 |
Maxi Renda Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Maxi Renda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Maxi Renda's standard deviation. In reality, there are many statistical measures that can use Maxi Renda historical prices to predict the future Maxi Renda's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | 0.5838 |
Maxi Renda Fundo Backtested Returns
Maxi Renda Fundo has Sharpe Ratio of -0.0705, which conveys that the entity had a -0.0705% return per unit of risk over the last 3 months. Maxi Renda exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Maxi Renda's Risk Adjusted Performance of (0.05), mean deviation of 0.6182, and Standard Deviation of 0.9063 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of -0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Maxi Renda are expected to decrease at a much lower rate. During the bear market, Maxi Renda is likely to outperform the market.
Auto-correlation | -0.64 |
Very good reverse predictability
Maxi Renda Fundo has very good reverse predictability. Overlapping area represents the amount of predictability between Maxi Renda time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Maxi Renda Fundo price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Maxi Renda price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Maxi Renda Fundo lagged returns against current returns
Autocorrelation, which is Maxi Renda 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 Maxi Renda's fund expected returns. We can calculate the autocorrelation of Maxi Renda returns to help us make a trade decision. For example, suppose you find that Maxi Renda 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 |
Maxi Renda 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 Maxi Renda fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Maxi Renda fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Maxi Renda fund over time.
Current vs Lagged Prices |
| Timeline |
Maxi Renda Lagged Returns
When evaluating Maxi Renda's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Maxi Renda fund have on its future price. Maxi Renda 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, Maxi Renda autocorrelation shows the relationship between Maxi Renda fund current value and its past values and can show if there is a momentum factor associated with investing in Maxi Renda Fundo.
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 Maxi Fund
Maxi Renda financial ratios help investors to determine whether Maxi 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 Maxi with respect to the benefits of owning Maxi Renda security.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |