Xp Credito's market value is the price at which a share of Xp Credito trades on a public exchange. It measures the collective expectations of Xp Credito Agricola investors about its performance. Xp Credito is trading at 5.95 as of the 28th of November 2024, a 8.74% down since the beginning of the trading day. The etf's open price was 6.52. With this module, you can estimate the performance of a buy and hold strategy of Xp Credito Agricola and determine expected loss or profit from investing in Xp Credito over a given investment horizon. Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
XPCA11
Xp Credito '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 Xp Credito'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 Xp Credito.
0.00
12/09/2022
No Change 0.00
0.0
In 1 year 11 months and 21 days
11/28/2024
0.00
If you would invest 0.00 in Xp Credito on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Xp Credito Agricola or generate 0.0% return on investment in Xp Credito over 720 days.
Xp Credito 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 Xp Credito'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 Xp Credito Agricola upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xp Credito's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xp Credito's standard deviation. In reality, there are many statistical measures that can use Xp Credito historical prices to predict the future Xp Credito's volatility.
Xp Credito Agricola retains Efficiency (Sharpe Ratio) of -0.35, which attests that the etf had a -0.35% return per unit of price deviation over the last 3 months. Xp Credito exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xp Credito's information ratio of (0.39), and Market Risk Adjusted Performance of (1.54) to validate the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Xp Credito's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xp Credito is expected to be smaller as well.
Auto-correlation
-0.47
Modest reverse predictability
Xp Credito Agricola has modest reverse predictability. Overlapping area represents the amount of predictability between Xp Credito time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 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 Xp Credito Agricola price movement. The serial correlation of -0.47 indicates that about 47.0% of current Xp Credito price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.47
Spearman Rank Test
-0.67
Residual Average
0.0
Price Variance
0.83
Xp Credito Agricola lagged returns against current returns
Autocorrelation, which is Xp Credito 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 Xp Credito's etf expected returns. We can calculate the autocorrelation of Xp Credito returns to help us make a trade decision. For example, suppose you find that Xp Credito 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
Xp Credito 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 Xp Credito etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xp Credito etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xp Credito etf over time.
Current vs Lagged Prices
Timeline
Xp Credito Lagged Returns
When evaluating Xp Credito's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xp Credito etf have on its future price. Xp Credito 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, Xp Credito autocorrelation shows the relationship between Xp Credito etf current value and its past values and can show if there is a momentum factor associated with investing in Xp Credito Agricola.
Regressed Prices
Timeline
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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.