Recrusul (Brazil) Market Value
| RCSL3 Stock | BRL 4.15 0.03 0.73% |
| Symbol | Recrusul |
Recrusul '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 Recrusul'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 Recrusul.
| 02/01/2024 |
| 11/27/2024 |
If you would invest 0.00 in Recrusul on February 1, 2024 and sell it all today you would earn a total of 0.00 from holding Recrusul SA or generate 0.0% return on investment in Recrusul over 300 days. Recrusul is related to or competes with Recrusul, Lupatech, Triunfo Participaes, Viver Incorporadora, and HAGA SA. Recrusul SA manufactures and sells transport and industrial refrigeration equipment in Brazil and internationally More
Recrusul 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 Recrusul'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 Recrusul SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.87 | |||
| Information Ratio | 0.0513 | |||
| Maximum Drawdown | 63.68 | |||
| Value At Risk | (12.06) | |||
| Potential Upside | 13.36 |
Recrusul Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Recrusul's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Recrusul's standard deviation. In reality, there are many statistical measures that can use Recrusul historical prices to predict the future Recrusul's volatility.| Risk Adjusted Performance | 0.0598 | |||
| Jensen Alpha | 0.3463 | |||
| Total Risk Alpha | (0.80) | |||
| Sortino Ratio | 0.0501 | |||
| Treynor Ratio | 0.3108 |
Recrusul SA Backtested Returns
Recrusul appears to be very risky, given 3 months investment horizon. Recrusul SA maintains Sharpe Ratio (i.e., Efficiency) of 0.036, which implies the firm had a 0.036% return per unit of risk over the last 3 months. We have found thirty technical indicators for Recrusul SA, which you can use to evaluate the volatility of the company. Please evaluate Recrusul's Semi Deviation of 7.57, coefficient of variation of 1507.33, and Risk Adjusted Performance of 0.0598 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Recrusul holds a performance score of 2. The company holds a Beta of 1.82, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Recrusul will likely underperform. Please check Recrusul's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether Recrusul's historical price patterns will revert.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Recrusul SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Recrusul time series from 1st of February 2024 to 30th of June 2024 and 30th of June 2024 to 27th 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 Recrusul SA price movement. The serial correlation of -0.16 indicates that over 16.0% of current Recrusul price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 1.84 |
Recrusul SA lagged returns against current returns
Autocorrelation, which is Recrusul 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 Recrusul's stock expected returns. We can calculate the autocorrelation of Recrusul returns to help us make a trade decision. For example, suppose you find that Recrusul 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 |
Recrusul 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 Recrusul stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Recrusul stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Recrusul stock over time.
Current vs Lagged Prices |
| Timeline |
Recrusul Lagged Returns
When evaluating Recrusul's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Recrusul stock have on its future price. Recrusul 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, Recrusul autocorrelation shows the relationship between Recrusul stock current value and its past values and can show if there is a momentum factor associated with investing in Recrusul SA.
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.Additional Tools for Recrusul Stock Analysis
When running Recrusul's price analysis, check to measure Recrusul'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 Recrusul is operating at the current time. Most of Recrusul's value examination focuses on studying past and present price action to predict the probability of Recrusul's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Recrusul's price. Additionally, you may evaluate how the addition of Recrusul to your portfolios can decrease your overall portfolio volatility.