Aesapar Fundo (Brazil) Market Value
| RBED11 Fund | BRL 111.61 1.61 1.46% |
| Symbol | Aesapar |
Aesapar 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 Aesapar 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 Aesapar Fundo.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Aesapar Fundo on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Aesapar Fundo de or generate 0.0% return on investment in Aesapar Fundo over 660 days. Aesapar Fundo is related to or competes with BTG Pactual, Plano Plano, Companhia Habitasul, Procter Gamble, Telefonaktiebolaget, Cable One, and ATMA Participaes. Aesapar Fundo de Investimento Imobilirio - FII specializes in real estate investments More
Aesapar 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 Aesapar 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 Aesapar Fundo de upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 9.03 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 1.46 |
Aesapar Fundo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aesapar Fundo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aesapar Fundo's standard deviation. In reality, there are many statistical measures that can use Aesapar Fundo historical prices to predict the future Aesapar Fundo's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | 3.7 |
Aesapar Fundo de Backtested Returns
Aesapar Fundo de secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that the fund had a -0.21% return per unit of risk over the last 3 months. Aesapar Fundo de exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aesapar Fundo's Mean Deviation of 0.9367, standard deviation of 1.41, and Risk Adjusted Performance of (0.16) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0853, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aesapar Fundo are expected to decrease at a much lower rate. During the bear market, Aesapar Fundo is likely to outperform the market.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Aesapar Fundo de has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Aesapar Fundo time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Aesapar Fundo de price movement. The serial correlation of -0.77 indicates that around 77.0% of current Aesapar Fundo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 90.43 |
Aesapar Fundo de lagged returns against current returns
Autocorrelation, which is Aesapar 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 Aesapar Fundo's fund expected returns. We can calculate the autocorrelation of Aesapar Fundo returns to help us make a trade decision. For example, suppose you find that Aesapar 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 |
Aesapar 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 Aesapar Fundo fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aesapar Fundo fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aesapar Fundo fund over time.
Current vs Lagged Prices |
| Timeline |
Aesapar Fundo Lagged Returns
When evaluating Aesapar Fundo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aesapar Fundo fund have on its future price. Aesapar 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, Aesapar Fundo autocorrelation shows the relationship between Aesapar Fundo fund current value and its past values and can show if there is a momentum factor associated with investing in Aesapar Fundo de.
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 Aesapar Fund
Aesapar Fundo financial ratios help investors to determine whether Aesapar 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 Aesapar with respect to the benefits of owning Aesapar Fundo security.
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