Xp Malls (Brazil) Market Value
| XPML11 Fund | BRL 103.50 0.15 0.14% |
| Symbol | XPML11 |
Please note, there is a significant difference between Xp Malls' value and its price as these two are different measures arrived at by different means. Investors typically determine if Xp Malls is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xp Malls' 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 Malls '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 Malls' 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 Malls.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Xp Malls on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Xp Malls Fundo or generate 0.0% return on investment in Xp Malls over 720 days. Xp Malls is related to or competes with BTG Pactual, Plano Plano, Companhia Habitasul, Procter Gamble, Telefonaktiebolaget, Cable One, and ATMA Participaes. More
Xp Malls 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 Malls' 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 Malls Fundo upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.43) | |||
| Maximum Drawdown | 3.05 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 0.7034 |
Xp Malls Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xp Malls' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xp Malls' standard deviation. In reality, there are many statistical measures that can use Xp Malls historical prices to predict the future Xp Malls' volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 1.37 |
Xp Malls Fundo Backtested Returns
Xp Malls Fundo retains Efficiency (Sharpe Ratio) of -0.22, which attests that the fund had a -0.22% return per unit of price deviation over the last 3 months. Xp Malls exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xp Malls' information ratio of (0.43), and Market Risk Adjusted Performance of 1.38 to validate the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.0881, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Xp Malls are expected to decrease at a much lower rate. During the bear market, Xp Malls is likely to outperform the market.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Xp Malls Fundo has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Xp Malls time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 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 Malls Fundo price movement. The serial correlation of -0.77 indicates that around 77.0% of current Xp Malls price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 18.91 |
Xp Malls Fundo lagged returns against current returns
Autocorrelation, which is Xp Malls 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 Malls' fund expected returns. We can calculate the autocorrelation of Xp Malls returns to help us make a trade decision. For example, suppose you find that Xp Malls 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 Malls 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 Malls fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xp Malls fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xp Malls fund over time.
Current vs Lagged Prices |
| Timeline |
Xp Malls Lagged Returns
When evaluating Xp Malls' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xp Malls fund have on its future price. Xp Malls 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 Malls autocorrelation shows the relationship between Xp Malls fund current value and its past values and can show if there is a momentum factor associated with investing in Xp Malls 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 XPML11 Fund
Xp Malls financial ratios help investors to determine whether XPML11 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 XPML11 with respect to the benefits of owning Xp Malls security.
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