Orizon Valorizao (Brazil) Market Value
| ORVR3 Stock | BRL 42.01 1.31 3.02% |
| Symbol | Orizon |
Orizon Valorizao '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 Orizon Valorizao'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 Orizon Valorizao.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Orizon Valorizao on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Orizon Valorizao de or generate 0.0% return on investment in Orizon Valorizao over 540 days. Orizon Valorizao is related to or competes with Fras Le, Western Digital, Energisa, BTG Pactual, Procter Gamble, Companhia Paranaense, and Randon SA. Orizon Valorizao de Resduos S.A. provides waste treatment and recovery company More
Orizon Valorizao 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 Orizon Valorizao'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 Orizon Valorizao de upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 11.19 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 3.17 |
Orizon Valorizao Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orizon Valorizao's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Orizon Valorizao's standard deviation. In reality, there are many statistical measures that can use Orizon Valorizao historical prices to predict the future Orizon Valorizao's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (1.24) |
Orizon Valorizao Backtested Returns
Orizon Valorizao maintains Sharpe Ratio (i.e., Efficiency) of -0.0696, which implies the firm had a -0.0696% return per unit of risk over the last 3 months. Orizon Valorizao exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orizon Valorizao's Risk Adjusted Performance of (0.04), variance of 3.1, and Coefficient Of Variation of (1,870) to confirm the risk estimate we provide. The company holds a Beta of 0.0838, which implies not very significant fluctuations relative to the market. As returns on the market increase, Orizon Valorizao's returns are expected to increase less than the market. However, during the bear market, the loss of holding Orizon Valorizao is expected to be smaller as well. At this point, Orizon Valorizao has a negative expected return of -0.13%. Please make sure to check Orizon Valorizao's jensen alpha, potential upside, daily balance of power, as well as the relationship between the treynor ratio and kurtosis , to decide if Orizon Valorizao performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.59 |
Good reverse predictability
Orizon Valorizao de has good reverse predictability. Overlapping area represents the amount of predictability between Orizon Valorizao time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 Orizon Valorizao price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Orizon Valorizao price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 15.94 |
Orizon Valorizao lagged returns against current returns
Autocorrelation, which is Orizon Valorizao 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 Orizon Valorizao's stock expected returns. We can calculate the autocorrelation of Orizon Valorizao returns to help us make a trade decision. For example, suppose you find that Orizon Valorizao 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 |
Orizon Valorizao 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 Orizon Valorizao stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Orizon Valorizao stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Orizon Valorizao stock over time.
Current vs Lagged Prices |
| Timeline |
Orizon Valorizao Lagged Returns
When evaluating Orizon Valorizao's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Orizon Valorizao stock have on its future price. Orizon Valorizao 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, Orizon Valorizao autocorrelation shows the relationship between Orizon Valorizao stock current value and its past values and can show if there is a momentum factor associated with investing in Orizon Valorizao de.
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 Orizon Stock Analysis
When running Orizon Valorizao's price analysis, check to measure Orizon Valorizao'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 Orizon Valorizao is operating at the current time. Most of Orizon Valorizao's value examination focuses on studying past and present price action to predict the probability of Orizon Valorizao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orizon Valorizao's price. Additionally, you may evaluate how the addition of Orizon Valorizao to your portfolios can decrease your overall portfolio volatility.