Valora Re (Brazil) Market Value
| VGIR11 Fund | BRL 9.44 0.03 0.32% |
| Symbol | Valora |
Please note, there is a significant difference between Valora Re's value and its price as these two are different measures arrived at by different means. Investors typically determine if Valora Re is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valora Re's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Valora Re '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 Valora Re'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 Valora Re.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Valora Re on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Valora Re III or generate 0.0% return on investment in Valora Re over 30 days. Valora Re is related to or competes with BTG Pactual, Plano Plano, Companhia Habitasul, Procter Gamble, Telefonaktiebolaget, Cable One, and ATMA Participaes. More
Valora Re 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 Valora Re'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 Valora Re III upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 3.82 | |||
| Value At Risk | (1.05) | |||
| Potential Upside | 0.9595 |
Valora Re Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Valora Re's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Valora Re's standard deviation. In reality, there are many statistical measures that can use Valora Re historical prices to predict the future Valora Re's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.5385 |
Valora Re III Backtested Returns
Valora Re III owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the fund had a -0.13% return per unit of risk over the last 3 months. Valora Re III exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Valora Re's Risk Adjusted Performance of (0.07), coefficient of variation of (1,101), and Variance of 0.486 to confirm the risk estimate we provide. The entity has a beta of -0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Valora Re are expected to decrease at a much lower rate. During the bear market, Valora Re is likely to outperform the market.
Auto-correlation | 0.55 |
Modest predictability
Valora Re III has modest predictability. Overlapping area represents the amount of predictability between Valora Re 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 Valora Re III price movement. The serial correlation of 0.55 indicates that about 55.0% of current Valora Re price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Valora Re III lagged returns against current returns
Autocorrelation, which is Valora Re 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 Valora Re's fund expected returns. We can calculate the autocorrelation of Valora Re returns to help us make a trade decision. For example, suppose you find that Valora Re 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 |
Valora Re 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 Valora Re fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Valora Re fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Valora Re fund over time.
Current vs Lagged Prices |
| Timeline |
Valora Re Lagged Returns
When evaluating Valora Re's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Valora Re fund have on its future price. Valora Re 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, Valora Re autocorrelation shows the relationship between Valora Re fund current value and its past values and can show if there is a momentum factor associated with investing in Valora Re III.
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.Other Information on Investing in Valora Fund
Valora Re financial ratios help investors to determine whether Valora Fund 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 Valora with respect to the benefits of owning Valora Re security.
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| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |