SUPREMO FUNDO (Brazil) Market Value
| SPMO11 Fund | 144.00 0.00 0.00% |
| Symbol | SUPREMO |
SUPREMO FUNDO '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 SUPREMO FUNDO'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 SUPREMO FUNDO.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in SUPREMO FUNDO on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding SUPREMO FUNDO DE or generate 0.0% return on investment in SUPREMO FUNDO over 30 days.
SUPREMO FUNDO 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 SUPREMO FUNDO'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 SUPREMO FUNDO DE upside and downside potential and time the market with a certain degree of confidence.
SUPREMO FUNDO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SUPREMO FUNDO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SUPREMO FUNDO's standard deviation. In reality, there are many statistical measures that can use SUPREMO FUNDO historical prices to predict the future SUPREMO FUNDO's volatility.SUPREMO FUNDO DE Backtested Returns
We have found three technical indicators for SUPREMO FUNDO DE, which you can use to evaluate the volatility of the fund. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SUPREMO FUNDO are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
SUPREMO FUNDO DE has no correlation between past and present. Overlapping area represents the amount of predictability between SUPREMO FUNDO time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 SUPREMO FUNDO DE price movement. The serial correlation of 0.0 indicates that just 0.0% of current SUPREMO FUNDO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SUPREMO FUNDO DE lagged returns against current returns
Autocorrelation, which is SUPREMO FUNDO 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 SUPREMO FUNDO's fund expected returns. We can calculate the autocorrelation of SUPREMO FUNDO returns to help us make a trade decision. For example, suppose you find that SUPREMO FUNDO 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 |
SUPREMO FUNDO 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 SUPREMO FUNDO fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SUPREMO FUNDO fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SUPREMO FUNDO fund over time.
Current vs Lagged Prices |
| Timeline |
SUPREMO FUNDO Lagged Returns
When evaluating SUPREMO FUNDO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SUPREMO FUNDO fund have on its future price. SUPREMO FUNDO 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, SUPREMO FUNDO autocorrelation shows the relationship between SUPREMO FUNDO fund current value and its past values and can show if there is a momentum factor associated with investing in SUPREMO FUNDO DE.
Regressed Prices |
| Timeline |
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