Santos Brasil (Brazil) Market Value
| STBP3 Stock | BRL 12.82 0.01 0.08% |
| Symbol | Santos |
Santos Brasil '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 Santos Brasil'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 Santos Brasil.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Santos Brasil on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Santos Brasil Participaes or generate 0.0% return on investment in Santos Brasil over 30 days. Santos Brasil is related to or competes with Livetech, Paycom Software, Trade Desk, Lupatech, Spotify Technology, Palantir Technologies, and Bemobi Mobile. Santos Brasil Participaes S.A., through its subsidiaries, provides port container handling and logistics services in Bra... More
Santos Brasil 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 Santos Brasil'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 Santos Brasil Participaes upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.53 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 28.86 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 2.8 |
Santos Brasil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Santos Brasil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Santos Brasil's standard deviation. In reality, there are many statistical measures that can use Santos Brasil historical prices to predict the future Santos Brasil's volatility.| Risk Adjusted Performance | 0.016 | |||
| Jensen Alpha | 0.0377 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.18) |
Santos Brasil Participaes Backtested Returns
Currently, Santos Brasil Participaes is somewhat reliable. Santos Brasil Participaes owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0113, which indicates the firm had a 0.0113% return per unit of risk over the last 3 months. We have found thirty technical indicators for Santos Brasil Participaes, which you can use to evaluate the volatility of the company. Please validate Santos Brasil's Coefficient Of Variation of 8813.99, risk adjusted performance of 0.016, and Semi Deviation of 2.3 to confirm if the risk estimate we provide is consistent with the expected return of 0.032%. 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 Santos Brasil are expected to decrease at a much lower rate. During the bear market, Santos Brasil is likely to outperform the market. Santos Brasil Participaes right now has a risk of 2.82%. Please validate Santos Brasil treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Santos Brasil will be following its existing price patterns.
Auto-correlation | -0.37 |
Poor reverse predictability
Santos Brasil Participaes has poor reverse predictability. Overlapping area represents the amount of predictability between Santos Brasil time series from 1st of November 2024 to 16th of November 2024 and 16th of November 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 Santos Brasil Participaes price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Santos Brasil price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Santos Brasil Participaes lagged returns against current returns
Autocorrelation, which is Santos Brasil 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 Santos Brasil's stock expected returns. We can calculate the autocorrelation of Santos Brasil returns to help us make a trade decision. For example, suppose you find that Santos Brasil 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 |
Santos Brasil 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 Santos Brasil stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Santos Brasil stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Santos Brasil stock over time.
Current vs Lagged Prices |
| Timeline |
Santos Brasil Lagged Returns
When evaluating Santos Brasil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Santos Brasil stock have on its future price. Santos Brasil 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, Santos Brasil autocorrelation shows the relationship between Santos Brasil stock current value and its past values and can show if there is a momentum factor associated with investing in Santos Brasil Participaes.
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 Santos Stock Analysis
When running Santos Brasil's price analysis, check to measure Santos Brasil'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 Santos Brasil is operating at the current time. Most of Santos Brasil's value examination focuses on studying past and present price action to predict the probability of Santos Brasil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Santos Brasil's price. Additionally, you may evaluate how the addition of Santos Brasil to your portfolios can decrease your overall portfolio volatility.