Votorantim Securities (Brazil) Market Value
| VOTS11 Fund | BRL 70.19 5.14 6.82% |
| Symbol | Votorantim |
Please note, there is a significant difference between Votorantim Securities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Votorantim Securities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Votorantim Securities' 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.
Votorantim Securities '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 Votorantim Securities' 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 Votorantim Securities.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Votorantim Securities on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Votorantim Securities Master or generate 0.0% return on investment in Votorantim Securities over 30 days. Votorantim Securities is related to or competes with BTG Pactual, Plano Plano, Companhia Habitasul, Procter Gamble, Telefonaktiebolaget, Cable One, and ATMA Participaes. More
Votorantim Securities 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 Votorantim Securities' 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 Votorantim Securities Master upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 13.8 | |||
| Value At Risk | (3.35) | |||
| Potential Upside | 2.92 |
Votorantim Securities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Votorantim Securities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Votorantim Securities' standard deviation. In reality, there are many statistical measures that can use Votorantim Securities historical prices to predict the future Votorantim Securities' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.48) |
Votorantim Securities Backtested Returns
Votorantim Securities owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0983, which indicates the fund had a -0.0983% return per unit of risk over the last 3 months. Votorantim Securities Master exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Votorantim Securities' Variance of 5.26, coefficient of variation of (1,849), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Votorantim Securities' returns are expected to increase less than the market. However, during the bear market, the loss of holding Votorantim Securities is expected to be smaller as well.
Auto-correlation | -0.48 |
Modest reverse predictability
Votorantim Securities Master has modest reverse predictability. Overlapping area represents the amount of predictability between Votorantim Securities 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 Votorantim Securities price movement. The serial correlation of -0.48 indicates that about 48.0% of current Votorantim Securities price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 2.96 |
Votorantim Securities lagged returns against current returns
Autocorrelation, which is Votorantim Securities 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 Votorantim Securities' fund expected returns. We can calculate the autocorrelation of Votorantim Securities returns to help us make a trade decision. For example, suppose you find that Votorantim Securities 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 |
Votorantim Securities 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 Votorantim Securities fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Votorantim Securities fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Votorantim Securities fund over time.
Current vs Lagged Prices |
| Timeline |
Votorantim Securities Lagged Returns
When evaluating Votorantim Securities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Votorantim Securities fund have on its future price. Votorantim Securities 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, Votorantim Securities autocorrelation shows the relationship between Votorantim Securities fund current value and its past values and can show if there is a momentum factor associated with investing in Votorantim Securities Master.
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 Votorantim Fund
Votorantim Securities financial ratios help investors to determine whether Votorantim 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 Votorantim with respect to the benefits of owning Votorantim Securities security.
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