Suzano SA (Germany) Market Value
| SPXB Stock | EUR 9.85 0.05 0.51% |
| Symbol | Suzano |
Suzano 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 Suzano SA's 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 Suzano SA.
| 08/24/2024 |
| 11/22/2024 |
If you would invest 0.00 in Suzano SA on August 24, 2024 and sell it all today you would earn a total of 0.00 from holding Suzano SA or generate 0.0% return on investment in Suzano SA over 90 days. Suzano SA is related to or competes with Wizz Air, Alaska Air, GFL ENVIRONM, Fair Isaac, Boiron SA, BlueScope Steel, and United States. Suzano S.A. produces and sells eucalyptus pulp and paper products in Brazil and internationally More
Suzano 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 Suzano SA's 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 Suzano SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.38 | |||
| Information Ratio | 0.0157 | |||
| Maximum Drawdown | 7.5 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 2.86 |
Suzano SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Suzano SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Suzano SA's standard deviation. In reality, there are many statistical measures that can use Suzano SA historical prices to predict the future Suzano SA's volatility.| Risk Adjusted Performance | 0.0739 | |||
| Jensen Alpha | 0.1344 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0166 | |||
| Treynor Ratio | (1.01) |
Suzano SA Backtested Returns
At this point, Suzano SA is not too volatile. Suzano SA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0907, which indicates the firm had a 0.0907% return per unit of risk over the last 3 months. We have found thirty technical indicators for Suzano SA, which you can use to evaluate the volatility of the company. Please validate Suzano SA's Risk Adjusted Performance of 0.0739, semi deviation of 1.05, and Coefficient Of Variation of 1102.67 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. Suzano SA has a performance score of 7 on a scale of 0 to 100. The entity has a beta of -0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Suzano SA are expected to decrease at a much lower rate. During the bear market, Suzano SA is likely to outperform the market. Suzano SA right now has a risk of 1.46%. Please validate Suzano SA downside variance, expected short fall, and the relationship between the potential upside and semi variance , to decide if Suzano SA will be following its existing price patterns.
Auto-correlation | 0.17 |
Very weak predictability
Suzano SA has very weak predictability. Overlapping area represents the amount of predictability between Suzano SA time series from 24th of August 2024 to 8th of October 2024 and 8th of October 2024 to 22nd 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 Suzano SA price movement. The serial correlation of 0.17 indicates that over 17.0% of current Suzano SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Suzano SA lagged returns against current returns
Autocorrelation, which is Suzano SA 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 Suzano SA's stock expected returns. We can calculate the autocorrelation of Suzano SA returns to help us make a trade decision. For example, suppose you find that Suzano SA has exhibited high autocorrelation historically, and you observe that the 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 |
Suzano 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 Suzano SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Suzano SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Suzano SA stock over time.
Current vs Lagged Prices |
| Timeline |
Suzano SA Lagged Returns
When evaluating Suzano SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Suzano SA stock have on its future price. Suzano 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, Suzano SA autocorrelation shows the relationship between Suzano SA stock current value and its past values and can show if there is a momentum factor associated with investing in Suzano SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Suzano Stock
Suzano SA financial ratios help investors to determine whether Suzano Stock 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 Suzano with respect to the benefits of owning Suzano SA security.