Rossi Residencial (Brazil) Market Value
| RSID3 Stock | BRL 3.14 0.16 4.85% |
| Symbol | Rossi |
Rossi Residencial '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 Rossi Residencial'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 Rossi Residencial.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Rossi Residencial on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Rossi Residencial SA or generate 0.0% return on investment in Rossi Residencial over 180 days. Rossi Residencial is related to or competes with Gafisa SA, Cyrela Brazil, MRV Engenharia, and Even Construtora. Rossi Residencial S.A., together with its subsidiaries, engages in construction, development of plottings, and sale of r... More
Rossi Residencial 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 Rossi Residencial'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 Rossi Residencial SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 12.37 | |||
| Value At Risk | (4.86) | |||
| Potential Upside | 5.05 |
Rossi Residencial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rossi Residencial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rossi Residencial's standard deviation. In reality, there are many statistical measures that can use Rossi Residencial historical prices to predict the future Rossi Residencial's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (1.01) |
Rossi Residencial Backtested Returns
Rossi Residencial maintains Sharpe Ratio (i.e., Efficiency) of -0.1, which implies the firm had a -0.1% return per unit of risk over the last 3 months. Rossi Residencial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rossi Residencial's Risk Adjusted Performance of (0.05), variance of 8.94, and Coefficient Of Variation of (1,336) to confirm the risk estimate we provide. The company holds a Beta of 0.23, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rossi Residencial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rossi Residencial is expected to be smaller as well. At this point, Rossi Residencial has a negative expected return of -0.32%. Please make sure to check Rossi Residencial's skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Rossi Residencial performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.47 |
Average predictability
Rossi Residencial SA has average predictability. Overlapping area represents the amount of predictability between Rossi Residencial time series from 26th of May 2024 to 24th of August 2024 and 24th of August 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 Rossi Residencial price movement. The serial correlation of 0.47 indicates that about 47.0% of current Rossi Residencial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Rossi Residencial lagged returns against current returns
Autocorrelation, which is Rossi Residencial 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 Rossi Residencial's stock expected returns. We can calculate the autocorrelation of Rossi Residencial returns to help us make a trade decision. For example, suppose you find that Rossi Residencial 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 |
Rossi Residencial 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 Rossi Residencial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rossi Residencial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rossi Residencial stock over time.
Current vs Lagged Prices |
| Timeline |
Rossi Residencial Lagged Returns
When evaluating Rossi Residencial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rossi Residencial stock have on its future price. Rossi Residencial 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, Rossi Residencial autocorrelation shows the relationship between Rossi Residencial stock current value and its past values and can show if there is a momentum factor associated with investing in Rossi Residencial 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 Rossi Stock Analysis
When running Rossi Residencial's price analysis, check to measure Rossi Residencial'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 Rossi Residencial is operating at the current time. Most of Rossi Residencial's value examination focuses on studying past and present price action to predict the probability of Rossi Residencial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rossi Residencial's price. Additionally, you may evaluate how the addition of Rossi Residencial to your portfolios can decrease your overall portfolio volatility.