Cruzeiro (Brazil) Market Value
| CSED3 Stock | BRL 3.06 0.16 4.97% |
| Symbol | Cruzeiro |
Cruzeiro '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 Cruzeiro'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 Cruzeiro.
| 11/25/2024 |
| 12/25/2024 |
If you would invest 0.00 in Cruzeiro on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding Cruzeiro do Sul or generate 0.0% return on investment in Cruzeiro over 30 days. Cruzeiro is related to or competes with New Oriental, TAL Education, Yduqs Participaes, GAEC Educacao, Ser Educacional. More
Cruzeiro 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 Cruzeiro'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 Cruzeiro do Sul upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 22.8 | |||
| Value At Risk | (6.38) | |||
| Potential Upside | 7.62 |
Cruzeiro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cruzeiro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cruzeiro's standard deviation. In reality, there are many statistical measures that can use Cruzeiro historical prices to predict the future Cruzeiro's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.24) |
Cruzeiro do Sul Backtested Returns
Cruzeiro do Sul secures Sharpe Ratio (or Efficiency) of -0.0161, which signifies that the company had a -0.0161% return per unit of risk over the last 3 months. Cruzeiro do Sul exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cruzeiro's Standard Deviation of 4.36, risk adjusted performance of (0.02), and Mean Deviation of 3.33 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.63, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cruzeiro's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cruzeiro is expected to be smaller as well. At this point, Cruzeiro do Sul has a negative expected return of -0.0704%. Please make sure to confirm Cruzeiro's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Cruzeiro do Sul performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.51 |
Modest predictability
Cruzeiro do Sul has modest predictability. Overlapping area represents the amount of predictability between Cruzeiro time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th 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 Cruzeiro do Sul price movement. The serial correlation of 0.51 indicates that about 51.0% of current Cruzeiro price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Cruzeiro do Sul lagged returns against current returns
Autocorrelation, which is Cruzeiro 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 Cruzeiro's stock expected returns. We can calculate the autocorrelation of Cruzeiro returns to help us make a trade decision. For example, suppose you find that Cruzeiro 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 |
Cruzeiro 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 Cruzeiro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cruzeiro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cruzeiro stock over time.
Current vs Lagged Prices |
| Timeline |
Cruzeiro Lagged Returns
When evaluating Cruzeiro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cruzeiro stock have on its future price. Cruzeiro 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, Cruzeiro autocorrelation shows the relationship between Cruzeiro stock current value and its past values and can show if there is a momentum factor associated with investing in Cruzeiro do Sul.
Regressed Prices |
| Timeline |
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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 Cruzeiro Stock Analysis
When running Cruzeiro's price analysis, check to measure Cruzeiro'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 Cruzeiro is operating at the current time. Most of Cruzeiro's value examination focuses on studying past and present price action to predict the probability of Cruzeiro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cruzeiro's price. Additionally, you may evaluate how the addition of Cruzeiro to your portfolios can decrease your overall portfolio volatility.