Xp Industrial (Brazil) Market Value
| XPIN11 Fund | BRL 70.70 0.25 0.35% |
| Symbol | XPIN11 |
Please note, there is a significant difference between Xp Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xp Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xp Industrial'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.
Xp Industrial '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 Industrial'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 Industrial.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Xp Industrial on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Xp Industrial Fundo or generate 0.0% return on investment in Xp Industrial over 30 days. Xp Industrial is related to or competes with BTG Pactual, Plano Plano, Companhia Habitasul, Procter Gamble, Telefonaktiebolaget, Cable One, and ATMA Participaes. More
Xp Industrial 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 Industrial'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 Industrial Fundo upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 3.6 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.36 |
Xp Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xp Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xp Industrial's standard deviation. In reality, there are many statistical measures that can use Xp Industrial historical prices to predict the future Xp Industrial's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.7271 |
Xp Industrial Fundo Backtested Returns
Xp Industrial Fundo retains Efficiency (Sharpe Ratio) of -0.18, which attests that the fund had a -0.18% return per unit of price deviation over the last 3 months. Xp Industrial exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xp Industrial's information ratio of (0.33), and Market Risk Adjusted Performance of 0.7371 to validate the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Xp Industrial are expected to decrease at a much lower rate. During the bear market, Xp Industrial is likely to outperform the market.
Auto-correlation | -0.92 |
Near perfect reversele predictability
Xp Industrial Fundo has near perfect reversele predictability. Overlapping area represents the amount of predictability between Xp Industrial time series from 25th of October 2024 to 9th of November 2024 and 9th of November 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 Xp Industrial Fundo price movement. The serial correlation of -0.92 indicates that approximately 92.0% of current Xp Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.92 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Xp Industrial Fundo lagged returns against current returns
Autocorrelation, which is Xp Industrial 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 Industrial's fund expected returns. We can calculate the autocorrelation of Xp Industrial returns to help us make a trade decision. For example, suppose you find that Xp Industrial 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 Industrial 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 Industrial fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xp Industrial fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xp Industrial fund over time.
Current vs Lagged Prices |
| Timeline |
Xp Industrial Lagged Returns
When evaluating Xp Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xp Industrial fund have on its future price. Xp Industrial 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 Industrial autocorrelation shows the relationship between Xp Industrial fund current value and its past values and can show if there is a momentum factor associated with investing in Xp Industrial Fundo.
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 XPIN11 Fund
Xp Industrial financial ratios help investors to determine whether XPIN11 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 XPIN11 with respect to the benefits of owning Xp Industrial security.
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