TOTVS SA (Brazil) Market Value
| TOTS3 Stock | BRL 30.34 0.57 1.91% |
| Symbol | TOTVS |
TOTVS 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 TOTVS 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 TOTVS SA.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in TOTVS SA on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding TOTVS SA or generate 0.0% return on investment in TOTVS SA over 30 days. TOTVS SA is related to or competes with Lojas Renner, Localiza Rent, Raia Drogasil, Cyrela Brazil, and WEG SA. TOTVS S.A. engages in provision of business management systems and platforms and related services in Brazil More
TOTVS 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 TOTVS 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 TOTVS SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 15.65 | |||
| Value At Risk | (2.79) | |||
| Potential Upside | 2.91 |
TOTVS SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TOTVS SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TOTVS SA's standard deviation. In reality, there are many statistical measures that can use TOTVS SA historical prices to predict the future TOTVS SA's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.04) |
TOTVS SA Backtested Returns
TOTVS SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0154, which indicates the firm had a -0.0154% return per unit of standard deviation over the last 3 months. TOTVS SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TOTVS SA's variance of 4.16, and Risk Adjusted Performance of (0) to confirm the risk estimate we provide. The entity has a beta of 0.7, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TOTVS SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding TOTVS SA is expected to be smaller as well. At this point, TOTVS SA has a negative expected return of -0.0314%. Please make sure to validate TOTVS SA's skewness, rate of daily change, period momentum indicator, as well as the relationship between the accumulation distribution and day typical price , to decide if TOTVS SA performance from the past will be repeated at some future point.
Auto-correlation | 0.15 |
Insignificant predictability
TOTVS SA has insignificant predictability. Overlapping area represents the amount of predictability between TOTVS SA time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 TOTVS SA price movement. The serial correlation of 0.15 indicates that less than 15.0% of current TOTVS SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
TOTVS SA lagged returns against current returns
Autocorrelation, which is TOTVS 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 TOTVS SA's stock expected returns. We can calculate the autocorrelation of TOTVS SA returns to help us make a trade decision. For example, suppose you find that TOTVS 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 |
TOTVS 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 TOTVS SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TOTVS SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TOTVS SA stock over time.
Current vs Lagged Prices |
| Timeline |
TOTVS SA Lagged Returns
When evaluating TOTVS SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TOTVS SA stock have on its future price. TOTVS 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, TOTVS SA autocorrelation shows the relationship between TOTVS SA stock current value and its past values and can show if there is a momentum factor associated with investing in TOTVS SA.
Regressed Prices |
| Timeline |
Also Currently Popular
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 TOTVS Stock Analysis
When running TOTVS SA's price analysis, check to measure TOTVS 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 TOTVS SA is operating at the current time. Most of TOTVS SA's value examination focuses on studying past and present price action to predict the probability of TOTVS 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 TOTVS SA's price. Additionally, you may evaluate how the addition of TOTVS SA to your portfolios can decrease your overall portfolio volatility.