Vinci Logistica (Brazil) Market Value
| VILG11 Etf | BRL 78.35 0.33 0.42% |
| Symbol | Vinci |
Please note, there is a significant difference between Vinci Logistica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vinci Logistica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vinci Logistica'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.
Vinci Logistica '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 Vinci Logistica's etf 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 Vinci Logistica.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Vinci Logistica on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Vinci Logistica Fundo or generate 0.0% return on investment in Vinci Logistica over 30 days. More
Vinci Logistica 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 Vinci Logistica's etf 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 Vinci Logistica Fundo upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 7.17 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 1.05 |
Vinci Logistica Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vinci Logistica's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vinci Logistica's standard deviation. In reality, there are many statistical measures that can use Vinci Logistica historical prices to predict the future Vinci Logistica's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 2.62 |
Vinci Logistica Fundo Backtested Returns
Vinci Logistica Fundo owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the etf had a -0.16% return per unit of risk over the last 3 months. Vinci Logistica Fundo exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vinci Logistica's Coefficient Of Variation of (632.16), risk adjusted performance of (0.12), and Variance of 1.14 to confirm the risk estimate we provide. The entity has a beta of -0.0683, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Vinci Logistica are expected to decrease at a much lower rate. During the bear market, Vinci Logistica is likely to outperform the market.
Auto-correlation | -0.43 |
Modest reverse predictability
Vinci Logistica Fundo has modest reverse predictability. Overlapping area represents the amount of predictability between Vinci Logistica time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Vinci Logistica Fundo price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Vinci Logistica price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Vinci Logistica Fundo lagged returns against current returns
Autocorrelation, which is Vinci Logistica etf'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 Vinci Logistica's etf expected returns. We can calculate the autocorrelation of Vinci Logistica returns to help us make a trade decision. For example, suppose you find that Vinci Logistica has exhibited high autocorrelation historically, and you observe that the etf 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 |
Vinci Logistica 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 Vinci Logistica etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vinci Logistica etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vinci Logistica etf over time.
Current vs Lagged Prices |
| Timeline |
Vinci Logistica Lagged Returns
When evaluating Vinci Logistica's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vinci Logistica etf have on its future price. Vinci Logistica 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, Vinci Logistica autocorrelation shows the relationship between Vinci Logistica etf current value and its past values and can show if there is a momentum factor associated with investing in Vinci Logistica Fundo.
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 Vinci Etf
Vinci Logistica financial ratios help investors to determine whether Vinci Etf 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 Vinci with respect to the benefits of owning Vinci Logistica security.