Fundo Investimento (Brazil) Market Value
| VTLT11 Fund | BRL 90.64 0.66 0.73% |
| Symbol | Fundo |
Please note, there is a significant difference between Fundo Investimento's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fundo Investimento is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fundo Investimento'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.
Fundo Investimento '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 Fundo Investimento'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 Fundo Investimento.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in Fundo Investimento on August 2, 2023 and sell it all today you would earn a total of 0.00 from holding Fundo Investimento Imobiliario or generate 0.0% return on investment in Fundo Investimento over 480 days. Fundo Investimento is related to or competes with BTG Pactual, and BB Renda. More
Fundo Investimento 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 Fundo Investimento'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 Fundo Investimento Imobiliario upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 3.45 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 0.8451 |
Fundo Investimento Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fundo Investimento's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fundo Investimento's standard deviation. In reality, there are many statistical measures that can use Fundo Investimento historical prices to predict the future Fundo Investimento's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (1.05) |
Fundo Investimento Backtested Returns
Fundo Investimento secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the fund had a -0.13% return per unit of risk over the last 3 months. Fundo Investimento Imobiliario exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fundo Investimento's Standard Deviation of 0.6527, mean deviation of 0.4919, and Variance of 0.426 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, Fundo Investimento's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fundo Investimento is expected to be smaller as well.
Auto-correlation | -0.07 |
Very weak reverse predictability
Fundo Investimento Imobiliario has very weak reverse predictability. Overlapping area represents the amount of predictability between Fundo Investimento time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 2024 to 24th 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 Fundo Investimento price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Fundo Investimento price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 4.78 |
Fundo Investimento lagged returns against current returns
Autocorrelation, which is Fundo Investimento 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 Fundo Investimento's fund expected returns. We can calculate the autocorrelation of Fundo Investimento returns to help us make a trade decision. For example, suppose you find that Fundo Investimento 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 |
Fundo Investimento 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 Fundo Investimento fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fundo Investimento fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fundo Investimento fund over time.
Current vs Lagged Prices |
| Timeline |
Fundo Investimento Lagged Returns
When evaluating Fundo Investimento's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fundo Investimento fund have on its future price. Fundo Investimento 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, Fundo Investimento autocorrelation shows the relationship between Fundo Investimento fund current value and its past values and can show if there is a momentum factor associated with investing in Fundo Investimento Imobiliario.
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 Fundo Fund
Fundo Investimento financial ratios help investors to determine whether Fundo 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 Fundo with respect to the benefits of owning Fundo Investimento security.
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