Metalrgica Riosulense (Brazil) Market Value

RSUL4 Preferred Stock  BRL 59.19  0.19  0.32%   
Metalrgica Riosulense's market value is the price at which a share of Metalrgica Riosulense trades on a public exchange. It measures the collective expectations of Metalrgica Riosulense SA investors about its performance. Metalrgica Riosulense is selling for under 59.19 as of the 25th of November 2024; that is 0.32% up since the beginning of the trading day. The preferred stock's lowest day price was 58.2.
With this module, you can estimate the performance of a buy and hold strategy of Metalrgica Riosulense SA and determine expected loss or profit from investing in Metalrgica Riosulense over a given investment horizon. Check out Metalrgica Riosulense Correlation, Metalrgica Riosulense Volatility and Metalrgica Riosulense Alpha and Beta module to complement your research on Metalrgica Riosulense.
Symbol

Please note, there is a significant difference between Metalrgica Riosulense's value and its price as these two are different measures arrived at by different means. Investors typically determine if Metalrgica Riosulense is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metalrgica Riosulense's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Metalrgica Riosulense '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 Metalrgica Riosulense's preferred 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 Metalrgica Riosulense.
0.00
10/26/2024
No Change 0.00  0.0 
In 31 days
11/25/2024
0.00
If you would invest  0.00  in Metalrgica Riosulense on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Metalrgica Riosulense SA or generate 0.0% return on investment in Metalrgica Riosulense over 30 days. Metalrgica Riosulense is related to or competes with METISA Metalrgica, Recrusul, Randon SA, and Electro Ao. Metalrgica Riosulense S.A. engages in the manufacture and sale of high-precision parts and accessories for automotive an... More

Metalrgica Riosulense 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 Metalrgica Riosulense's preferred 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 Metalrgica Riosulense SA upside and downside potential and time the market with a certain degree of confidence.

Metalrgica Riosulense Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Metalrgica Riosulense's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metalrgica Riosulense's standard deviation. In reality, there are many statistical measures that can use Metalrgica Riosulense historical prices to predict the future Metalrgica Riosulense's volatility.
Hype
Prediction
LowEstimatedHigh
57.8959.1960.49
Details
Intrinsic
Valuation
LowRealHigh
53.2760.5961.89
Details
Naive
Forecast
LowNextHigh
58.3859.6860.98
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
58.0459.6061.16
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Metalrgica Riosulense. Your research has to be compared to or analyzed against Metalrgica Riosulense's peers to derive any actionable benefits. When done correctly, Metalrgica Riosulense's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Metalrgica Riosulense.

Metalrgica Riosulense Backtested Returns

Metalrgica Riosulense has Sharpe Ratio of -0.0832, which conveys that the firm had a -0.0832% return per unit of risk over the last 3 months. Metalrgica Riosulense exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metalrgica Riosulense's Standard Deviation of 1.32, mean deviation of 0.979, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Metalrgica Riosulense's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metalrgica Riosulense is expected to be smaller as well. At this point, Metalrgica Riosulense has a negative expected return of -0.11%. Please make sure to verify Metalrgica Riosulense's rate of daily change, price action indicator, and the relationship between the accumulation distribution and day typical price , to decide if Metalrgica Riosulense performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.5  

Modest reverse predictability

Metalrgica Riosulense SA has modest reverse predictability. Overlapping area represents the amount of predictability between Metalrgica Riosulense time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 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 Metalrgica Riosulense price movement. The serial correlation of -0.5 indicates that about 50.0% of current Metalrgica Riosulense price fluctuation can be explain by its past prices.
Correlation Coefficient-0.5
Spearman Rank Test0.38
Residual Average0.0
Price Variance0.7

Metalrgica Riosulense lagged returns against current returns

Autocorrelation, which is Metalrgica Riosulense preferred 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 Metalrgica Riosulense's preferred stock expected returns. We can calculate the autocorrelation of Metalrgica Riosulense returns to help us make a trade decision. For example, suppose you find that Metalrgica Riosulense has exhibited high autocorrelation historically, and you observe that the preferred 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  

Metalrgica Riosulense 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 Metalrgica Riosulense preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metalrgica Riosulense preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metalrgica Riosulense preferred stock over time.
   Current vs Lagged Prices   
       Timeline  

Metalrgica Riosulense Lagged Returns

When evaluating Metalrgica Riosulense's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metalrgica Riosulense preferred stock have on its future price. Metalrgica Riosulense 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, Metalrgica Riosulense autocorrelation shows the relationship between Metalrgica Riosulense preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Metalrgica Riosulense SA.
   Regressed Prices   
       Timeline  

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Additional Tools for Metalrgica Preferred Stock Analysis

When running Metalrgica Riosulense's price analysis, check to measure Metalrgica Riosulense'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 Metalrgica Riosulense is operating at the current time. Most of Metalrgica Riosulense's value examination focuses on studying past and present price action to predict the probability of Metalrgica Riosulense's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalrgica Riosulense's price. Additionally, you may evaluate how the addition of Metalrgica Riosulense to your portfolios can decrease your overall portfolio volatility.