Polo Fundo (Brazil) Market Value
| PLRI11 Fund | BRL 14.98 0.01 0.07% |
| Symbol | Polo |
Polo Fundo '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 Polo Fundo'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 Polo Fundo.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Polo Fundo on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Polo Fundo de or generate 0.0% return on investment in Polo Fundo over 30 days. Polo Fundo is related to or competes with Polo Fundo. More
Polo Fundo 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 Polo Fundo'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 Polo Fundo de upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.96 | |||
| Information Ratio | 0.068 | |||
| Maximum Drawdown | 42.52 | |||
| Value At Risk | (8.27) | |||
| Potential Upside | 9.79 |
Polo Fundo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Polo Fundo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Polo Fundo's standard deviation. In reality, there are many statistical measures that can use Polo Fundo historical prices to predict the future Polo Fundo's volatility.| Risk Adjusted Performance | 0.0692 | |||
| Jensen Alpha | 0.488 | |||
| Total Risk Alpha | 0.322 | |||
| Sortino Ratio | 0.0776 | |||
| Treynor Ratio | (1.67) |
Polo Fundo de Backtested Returns
Polo Fundo appears to be slightly risky, given 3 months investment horizon. Polo Fundo de maintains Sharpe Ratio (i.e., Efficiency) of 0.095, which implies the entity had a 0.095% return per unit of risk over the last 3 months. By analyzing Polo Fundo's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please evaluate Polo Fundo's Coefficient Of Variation of 1382.17, risk adjusted performance of 0.0692, and Semi Deviation of 3.94 to confirm if our risk estimates are consistent with your expectations. The fund holds a Beta of -0.29, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Polo Fundo are expected to decrease at a much lower rate. During the bear market, Polo Fundo is likely to outperform the market.
Auto-correlation | 0.09 |
Virtually no predictability
Polo Fundo de has virtually no predictability. Overlapping area represents the amount of predictability between Polo Fundo time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 Polo Fundo de price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Polo Fundo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Polo Fundo de lagged returns against current returns
Autocorrelation, which is Polo Fundo 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 Polo Fundo's fund expected returns. We can calculate the autocorrelation of Polo Fundo returns to help us make a trade decision. For example, suppose you find that Polo Fundo 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 |
Polo Fundo 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 Polo Fundo fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Polo Fundo fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Polo Fundo fund over time.
Current vs Lagged Prices |
| Timeline |
Polo Fundo Lagged Returns
When evaluating Polo Fundo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Polo Fundo fund have on its future price. Polo Fundo 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, Polo Fundo autocorrelation shows the relationship between Polo Fundo fund current value and its past values and can show if there is a momentum factor associated with investing in Polo Fundo de.
Regressed Prices |
| Timeline |
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Other Information on Investing in Polo Fund
Polo Fundo financial ratios help investors to determine whether Polo 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 Polo with respect to the benefits of owning Polo Fundo security.
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