Sondotcnica Engenharia (Brazil) Market Value
| SOND5 Preferred Stock | BRL 40.01 6.99 14.87% |
| Symbol | Sondotcnica |
Sondotcnica Engenharia '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 Sondotcnica Engenharia'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 Sondotcnica Engenharia.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Sondotcnica Engenharia on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Sondotcnica Engenharia de or generate 0.0% return on investment in Sondotcnica Engenharia over 360 days. Sondotcnica Engenharia is related to or competes with Priner Servios, Azevedo Travassos, BTG Pactual, Plano Plano, Cable One, ATMA Participaes, and British American. Sondotcnica Engenharia de Solos S.A. provides various engineering services and solutions in Brazil and internationally More
Sondotcnica Engenharia 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 Sondotcnica Engenharia'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 Sondotcnica Engenharia de upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 14.87 |
Sondotcnica Engenharia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sondotcnica Engenharia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sondotcnica Engenharia's standard deviation. In reality, there are many statistical measures that can use Sondotcnica Engenharia historical prices to predict the future Sondotcnica Engenharia's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (1.03) | |||
| Treynor Ratio | 28.44 |
Sondotcnica Engenharia Backtested Returns
Sondotcnica Engenharia owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.22, which indicates the firm had a -0.22% return per unit of risk over the last 3 months. Sondotcnica Engenharia de exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sondotcnica Engenharia's Coefficient Of Variation of (469.19), variance of 7.23, and Risk Adjusted Performance of (0.16) to confirm the risk estimate we provide. The entity has a beta of -0.0205, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sondotcnica Engenharia are expected to decrease at a much lower rate. During the bear market, Sondotcnica Engenharia is likely to outperform the market. At this point, Sondotcnica Engenharia has a negative expected return of -0.59%. Please make sure to validate Sondotcnica Engenharia's total risk alpha, kurtosis, rate of daily change, as well as the relationship between the skewness and daily balance of power , to decide if Sondotcnica Engenharia performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Sondotcnica Engenharia de has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Sondotcnica Engenharia time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 Sondotcnica Engenharia price movement. The serial correlation of -0.76 indicates that around 76.0% of current Sondotcnica Engenharia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 32.81 |
Sondotcnica Engenharia lagged returns against current returns
Autocorrelation, which is Sondotcnica Engenharia 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 Sondotcnica Engenharia's preferred stock expected returns. We can calculate the autocorrelation of Sondotcnica Engenharia returns to help us make a trade decision. For example, suppose you find that Sondotcnica Engenharia 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 |
Sondotcnica Engenharia 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 Sondotcnica Engenharia preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sondotcnica Engenharia preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sondotcnica Engenharia preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Sondotcnica Engenharia Lagged Returns
When evaluating Sondotcnica Engenharia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sondotcnica Engenharia preferred stock have on its future price. Sondotcnica Engenharia 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, Sondotcnica Engenharia autocorrelation shows the relationship between Sondotcnica Engenharia preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Sondotcnica Engenharia de.
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 Sondotcnica Preferred Stock Analysis
When running Sondotcnica Engenharia's price analysis, check to measure Sondotcnica Engenharia'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 Sondotcnica Engenharia is operating at the current time. Most of Sondotcnica Engenharia's value examination focuses on studying past and present price action to predict the probability of Sondotcnica Engenharia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sondotcnica Engenharia's price. Additionally, you may evaluate how the addition of Sondotcnica Engenharia to your portfolios can decrease your overall portfolio volatility.