Porto Seguro (Brazil) Market Value
| PSSA3 Stock | BRL 38.55 0.10 0.26% |
| Symbol | Porto |
Porto Seguro '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 Porto Seguro'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 Porto Seguro.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Porto Seguro on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Porto Seguro SA or generate 0.0% return on investment in Porto Seguro over 30 days. Porto Seguro is related to or competes with Banco Alfa, Financeira Alfa, Banco Alfa, Financeira Alfa, and Alfa Holdings. Porto Seguro S.A., together with its subsidiaries, provides a range of insurance products and services for individuals a... More
Porto Seguro 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 Porto Seguro'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 Porto Seguro SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.724 | |||
| Information Ratio | 0.1462 | |||
| Maximum Drawdown | 4.69 | |||
| Value At Risk | (1.21) | |||
| Potential Upside | 2.14 |
Porto Seguro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Porto Seguro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Porto Seguro's standard deviation. In reality, there are many statistical measures that can use Porto Seguro historical prices to predict the future Porto Seguro's volatility.| Risk Adjusted Performance | 0.1992 | |||
| Jensen Alpha | 0.2508 | |||
| Total Risk Alpha | 0.1149 | |||
| Sortino Ratio | 0.1972 | |||
| Treynor Ratio | (2.81) |
Porto Seguro SA Backtested Returns
Porto Seguro appears to be very steady, given 3 months investment horizon. Porto Seguro SA maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Porto Seguro SA, which you can use to evaluate the volatility of the company. Please evaluate Porto Seguro's Semi Deviation of 0.4657, coefficient of variation of 387.22, and Risk Adjusted Performance of 0.1992 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Porto Seguro holds a performance score of 18. The company holds a Beta of -0.0861, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Porto Seguro are expected to decrease at a much lower rate. During the bear market, Porto Seguro is likely to outperform the market. Please check Porto Seguro's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Porto Seguro's historical price patterns will revert.
Auto-correlation | 0.46 |
Average predictability
Porto Seguro SA has average predictability. Overlapping area represents the amount of predictability between Porto Seguro time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Porto Seguro SA price movement. The serial correlation of 0.46 indicates that about 46.0% of current Porto Seguro price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Porto Seguro SA lagged returns against current returns
Autocorrelation, which is Porto Seguro 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 Porto Seguro's stock expected returns. We can calculate the autocorrelation of Porto Seguro returns to help us make a trade decision. For example, suppose you find that Porto Seguro 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 |
Porto Seguro 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 Porto Seguro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Porto Seguro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Porto Seguro stock over time.
Current vs Lagged Prices |
| Timeline |
Porto Seguro Lagged Returns
When evaluating Porto Seguro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Porto Seguro stock have on its future price. Porto Seguro 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, Porto Seguro autocorrelation shows the relationship between Porto Seguro stock current value and its past values and can show if there is a momentum factor associated with investing in Porto Seguro SA.
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 Porto Stock Analysis
When running Porto Seguro's price analysis, check to measure Porto Seguro'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 Porto Seguro is operating at the current time. Most of Porto Seguro's value examination focuses on studying past and present price action to predict the probability of Porto Seguro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Porto Seguro's price. Additionally, you may evaluate how the addition of Porto Seguro to your portfolios can decrease your overall portfolio volatility.