XP Corporate (Brazil) Market Value
| XPCM11 Fund | BRL 7.50 0.21 2.88% |
| Symbol | XPCM11 |
XP Corporate '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 Corporate'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 XP Corporate.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in XP Corporate on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding XP Corporate Maca or generate 0.0% return on investment in XP Corporate over 180 days. XP Corporate is related to or competes with Energisa, BTG Pactual, Plano Plano, Companhia Habitasul, Procter Gamble, Telefonaktiebolaget, and Cable One. XPCM - XP Corporate Real Estate Investment Fund Macae FII specializes in real estate investments More
XP Corporate 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 Corporate'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 XP Corporate Maca upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 4.63 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 2.0 |
XP Corporate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for XP Corporate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as XP Corporate's standard deviation. In reality, there are many statistical measures that can use XP Corporate historical prices to predict the future XP Corporate's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.33) |
XP Corporate Maca Backtested Returns
XP Corporate Maca retains Efficiency (Sharpe Ratio) of -0.0045, which attests that the fund had a -0.0045% return per unit of price deviation over the last 3 months. XP Corporate exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out XP Corporate's market risk adjusted performance of (0.32), and Information Ratio of (0.17) to validate the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, XP Corporate's returns are expected to increase less than the market. However, during the bear market, the loss of holding XP Corporate is expected to be smaller as well.
Auto-correlation | 0.67 |
Good predictability
XP Corporate Maca has good predictability. Overlapping area represents the amount of predictability between XP Corporate time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Corporate Maca price movement. The serial correlation of 0.67 indicates that around 67.0% of current XP Corporate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
XP Corporate Maca lagged returns against current returns
Autocorrelation, which is XP Corporate 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 XP Corporate's fund expected returns. We can calculate the autocorrelation of XP Corporate returns to help us make a trade decision. For example, suppose you find that XP Corporate 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 |
XP Corporate 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 Corporate fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if XP Corporate fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in XP Corporate fund over time.
Current vs Lagged Prices |
| Timeline |
XP Corporate Lagged Returns
When evaluating XP Corporate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of XP Corporate fund have on its future price. XP Corporate 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 Corporate autocorrelation shows the relationship between XP Corporate fund current value and its past values and can show if there is a momentum factor associated with investing in XP Corporate Maca.
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 XPCM11 Fund
XP Corporate financial ratios help investors to determine whether XPCM11 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 XPCM11 with respect to the benefits of owning XP Corporate security.
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