Alupar Investimento (Brazil) Market Value
| ALUP11 Stock | BRL 27.63 0.43 1.58% |
| Symbol | Alupar |
Alupar Investimento '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 Alupar Investimento's stock 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 Alupar Investimento.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Alupar Investimento on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Alupar Investimento SA or generate 0.0% return on investment in Alupar Investimento over 30 days. Alupar Investimento is related to or competes with Banco BTG, Cosan SA, Banco Pan, Equatorial Energia, and Rumo SA. Alupar Investimento S.A., through its subsidiaries, engages in the generation, transformation, transportation, distribut... More
Alupar Investimento 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 Alupar Investimento's stock 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 Alupar Investimento SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 6.16 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 1.79 |
Alupar Investimento Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alupar Investimento's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alupar Investimento's standard deviation. In reality, there are many statistical measures that can use Alupar Investimento historical prices to predict the future Alupar Investimento's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (1.43) |
Alupar Investimento Backtested Returns
Alupar Investimento secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of risk over the last 3 months. Alupar Investimento SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alupar Investimento's Risk Adjusted Performance of (0.10), standard deviation of 1.16, and Mean Deviation of 0.8332 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Alupar Investimento's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alupar Investimento is expected to be smaller as well. At this point, Alupar Investimento has a negative expected return of -0.19%. Please make sure to confirm Alupar Investimento's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Alupar Investimento performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.30 |
Below average predictability
Alupar Investimento SA has below average predictability. Overlapping area represents the amount of predictability between Alupar Investimento time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 Alupar Investimento price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Alupar Investimento price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
Alupar Investimento lagged returns against current returns
Autocorrelation, which is Alupar Investimento stock'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 Alupar Investimento's stock expected returns. We can calculate the autocorrelation of Alupar Investimento returns to help us make a trade decision. For example, suppose you find that Alupar Investimento has exhibited high autocorrelation historically, and you observe that the stock 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 |
Alupar Investimento 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 Alupar Investimento stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alupar Investimento stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alupar Investimento stock over time.
Current vs Lagged Prices |
| Timeline |
Alupar Investimento Lagged Returns
When evaluating Alupar Investimento's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alupar Investimento stock have on its future price. Alupar Investimento 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, Alupar Investimento autocorrelation shows the relationship between Alupar Investimento stock current value and its past values and can show if there is a momentum factor associated with investing in Alupar Investimento SA.
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 Alupar Stock
Alupar Investimento financial ratios help investors to determine whether Alupar Stock 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 Alupar with respect to the benefits of owning Alupar Investimento security.