Schulz SA (Brazil) Market Value
| SHUL4 Preferred Stock | BRL 5.78 0.07 1.23% |
| Symbol | Schulz |
Schulz SA '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 Schulz SA'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 Schulz SA.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Schulz SA on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Schulz SA or generate 0.0% return on investment in Schulz SA over 360 days. Schulz SA is related to or competes with Fras Le, Indstrias Romi, BTG Pactual, Telefonaktiebolaget, Cable One, Randon SA, and Alphabet. Schulz S.A. manufactures and sells air compressors and automotive components in Brazil and internationally More
Schulz SA 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 Schulz SA'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 Schulz SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 6.66 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 1.94 |
Schulz SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schulz SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schulz SA's standard deviation. In reality, there are many statistical measures that can use Schulz SA historical prices to predict the future Schulz SA's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (1.37) |
Schulz SA Backtested Returns
Schulz SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.2, which indicates the firm had a -0.2% return per unit of risk over the last 3 months. Schulz SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Schulz SA's Coefficient Of Variation of (532.50), risk adjusted performance of (0.14), and Variance of 1.36 to confirm the risk estimate we provide. The entity has a beta of 0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Schulz SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schulz SA is expected to be smaller as well. At this point, Schulz SA has a negative expected return of -0.22%. Please make sure to validate Schulz SA's potential upside, daily balance of power, and the relationship between the maximum drawdown and kurtosis , to decide if Schulz SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.21 |
Weak predictability
Schulz SA has weak predictability. Overlapping area represents the amount of predictability between Schulz SA time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 Schulz SA price movement. The serial correlation of 0.21 indicates that over 21.0% of current Schulz SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Schulz SA lagged returns against current returns
Autocorrelation, which is Schulz SA 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 Schulz SA's preferred stock expected returns. We can calculate the autocorrelation of Schulz SA returns to help us make a trade decision. For example, suppose you find that Schulz SA 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 |
Schulz SA 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 Schulz SA preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schulz SA preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schulz SA preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Schulz SA Lagged Returns
When evaluating Schulz SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schulz SA preferred stock have on its future price. Schulz SA 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, Schulz SA autocorrelation shows the relationship between Schulz SA preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Schulz 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 Schulz Preferred Stock Analysis
When running Schulz SA's price analysis, check to measure Schulz SA'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 Schulz SA is operating at the current time. Most of Schulz SA's value examination focuses on studying past and present price action to predict the probability of Schulz SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schulz SA's price. Additionally, you may evaluate how the addition of Schulz SA to your portfolios can decrease your overall portfolio volatility.