Sequoia III (Brazil) Market Value
| SEQR11 Fund | BRL 50.40 0.19 0.38% |
| Symbol | Sequoia |
Please note, there is a significant difference between Sequoia III's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sequoia III is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sequoia III'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.
Sequoia III '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 Sequoia III'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 Sequoia III.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Sequoia III on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Sequoia III Renda or generate 0.0% return on investment in Sequoia III over 180 days. Sequoia III is related to or competes with BB Renda, and SDI Logstica. More
Sequoia III 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 Sequoia III'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 Sequoia III Renda upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 2.71 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 0.8659 |
Sequoia III Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sequoia III's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sequoia III's standard deviation. In reality, there are many statistical measures that can use Sequoia III historical prices to predict the future Sequoia III's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.17) |
Sequoia III Renda Backtested Returns
Sequoia III Renda owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0395, which indicates the fund had a -0.0395% return per unit of risk over the last 3 months. Sequoia III Renda exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sequoia III's Coefficient Of Variation of (1,469), risk adjusted performance of (0.05), and Variance of 0.3512 to confirm the risk estimate we provide. The entity has a beta of 0.3, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sequoia III's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sequoia III is expected to be smaller as well.
Auto-correlation | 0.22 |
Weak predictability
Sequoia III Renda has weak predictability. Overlapping area represents the amount of predictability between Sequoia III time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Sequoia III Renda price movement. The serial correlation of 0.22 indicates that over 22.0% of current Sequoia III price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
Sequoia III Renda lagged returns against current returns
Autocorrelation, which is Sequoia III 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 Sequoia III's fund expected returns. We can calculate the autocorrelation of Sequoia III returns to help us make a trade decision. For example, suppose you find that Sequoia III 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 |
Sequoia III 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 Sequoia III fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sequoia III fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sequoia III fund over time.
Current vs Lagged Prices |
| Timeline |
Sequoia III Lagged Returns
When evaluating Sequoia III's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sequoia III fund have on its future price. Sequoia III 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, Sequoia III autocorrelation shows the relationship between Sequoia III fund current value and its past values and can show if there is a momentum factor associated with investing in Sequoia III Renda.
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 Sequoia Fund
Sequoia III financial ratios help investors to determine whether Sequoia 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 Sequoia with respect to the benefits of owning Sequoia III security.
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