XP Infra (Brazil) Market Value

XPIE11 Etf   61.86  0.62  0.99%   
XP Infra's market value is the price at which a share of XP Infra trades on a public exchange. It measures the collective expectations of XP Infra Fund investors about its performance. XP Infra is trading at 61.86 as of the 28th of November 2024, a 0.99% down since the beginning of the trading day. The etf's open price was 62.48.
With this module, you can estimate the performance of a buy and hold strategy of XP Infra Fund and determine expected loss or profit from investing in XP Infra 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.
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XP Infra '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 Infra'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 Infra.
0.00
05/08/2023
No Change 0.00  0.0 
In 1 year 6 months and 24 days
11/28/2024
0.00
If you would invest  0.00  in XP Infra on May 8, 2023 and sell it all today you would earn a total of 0.00 from holding XP Infra Fund or generate 0.0% return on investment in XP Infra over 570 days.

XP Infra 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 Infra'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 Infra Fund upside and downside potential and time the market with a certain degree of confidence.

XP Infra Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for XP Infra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as XP Infra's standard deviation. In reality, there are many statistical measures that can use XP Infra historical prices to predict the future XP Infra's volatility.

XP Infra Fund Backtested Returns

XP Infra Fund retains Efficiency (Sharpe Ratio) of -0.28, which attests that the etf had a -0.28% return per unit of price deviation over the last 3 months. XP Infra exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out XP Infra's market risk adjusted performance of (7.16), and Information Ratio of (0.40) to validate the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.0446, which attests to not very significant fluctuations relative to the market. As returns on the market increase, XP Infra's returns are expected to increase less than the market. However, during the bear market, the loss of holding XP Infra is expected to be smaller as well.

Auto-correlation

    
  -0.79  

Almost perfect reverse predictability

XP Infra Fund has almost perfect reverse predictability. Overlapping area represents the amount of predictability between XP Infra time series from 8th of May 2023 to 17th of February 2024 and 17th of February 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 XP Infra Fund price movement. The serial correlation of -0.79 indicates that around 79.0% of current XP Infra price fluctuation can be explain by its past prices.
Correlation Coefficient-0.79
Spearman Rank Test-0.83
Residual Average0.0
Price Variance33.53

XP Infra Fund lagged returns against current returns

Autocorrelation, which is XP Infra 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 Infra's etf expected returns. We can calculate the autocorrelation of XP Infra returns to help us make a trade decision. For example, suppose you find that XP Infra 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 Infra 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 Infra etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if XP Infra etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in XP Infra etf over time.
   Current vs Lagged Prices   
       Timeline  

XP Infra Lagged Returns

When evaluating XP Infra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of XP Infra etf have on its future price. XP Infra 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 Infra autocorrelation shows the relationship between XP Infra etf current value and its past values and can show if there is a momentum factor associated with investing in XP Infra Fund.
   Regressed Prices   
       Timeline  

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