Banco BTG (Brazil) Market Value
| BPAC3 Stock | BRL 14.62 0.17 1.15% |
| Symbol | Banco |
Banco BTG '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 Banco BTG'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 Banco BTG.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Banco BTG on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Banco BTG Pactual or generate 0.0% return on investment in Banco BTG over 360 days. Banco BTG is related to or competes with Banco BTG, Banco BTG, Banco Pan, Banco Santander, and Banco Santander. Banco BTG Pactual S.A. provides financial products and services in Brazil and internationally More
Banco BTG 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 Banco BTG'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 Banco BTG Pactual upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 9.87 | |||
| Value At Risk | (3.59) | |||
| Potential Upside | 2.98 |
Banco BTG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banco BTG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banco BTG's standard deviation. In reality, there are many statistical measures that can use Banco BTG historical prices to predict the future Banco BTG's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (6.48) |
Banco BTG Pactual Backtested Returns
Banco BTG Pactual secures Sharpe Ratio (or Efficiency) of -0.0889, which signifies that the company had a -0.0889% return per unit of risk over the last 3 months. Banco BTG Pactual exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Banco BTG's Standard Deviation of 1.96, risk adjusted performance of (0.06), and Mean Deviation of 1.44 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0284, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Banco BTG's returns are expected to increase less than the market. However, during the bear market, the loss of holding Banco BTG is expected to be smaller as well. At this point, Banco BTG Pactual has a negative expected return of -0.17%. Please make sure to confirm Banco BTG's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Banco BTG Pactual performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.15 |
Insignificant predictability
Banco BTG Pactual has insignificant predictability. Overlapping area represents the amount of predictability between Banco BTG time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Banco BTG Pactual price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Banco BTG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Banco BTG Pactual lagged returns against current returns
Autocorrelation, which is Banco BTG 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 Banco BTG's stock expected returns. We can calculate the autocorrelation of Banco BTG returns to help us make a trade decision. For example, suppose you find that Banco BTG 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 |
Banco BTG 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 Banco BTG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banco BTG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banco BTG stock over time.
Current vs Lagged Prices |
| Timeline |
Banco BTG Lagged Returns
When evaluating Banco BTG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banco BTG stock have on its future price. Banco BTG 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, Banco BTG autocorrelation shows the relationship between Banco BTG stock current value and its past values and can show if there is a momentum factor associated with investing in Banco BTG Pactual.
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.Additional Tools for Banco Stock Analysis
When running Banco BTG's price analysis, check to measure Banco BTG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Banco BTG is operating at the current time. Most of Banco BTG's value examination focuses on studying past and present price action to predict the probability of Banco BTG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banco BTG's price. Additionally, you may evaluate how the addition of Banco BTG to your portfolios can decrease your overall portfolio volatility.