Brazil Potash Corp Stock Market Value
| GRO Stock | 9.70 1.60 14.16% |
| Symbol | Brazil |
Is Non-Metallic and Industrial Metal Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brazil Potash. If investors know Brazil will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brazil Potash listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.70) | Return On Assets (0.08) | Return On Equity (0.13) |
The market value of Brazil Potash Corp is measured differently than its book value, which is the value of Brazil that is recorded on the company's balance sheet. Investors also form their own opinion of Brazil Potash's value that differs from its market value or its book value, called intrinsic value, which is Brazil Potash's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brazil Potash's market value can be influenced by many factors that don't directly affect Brazil Potash's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brazil Potash's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brazil Potash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brazil Potash'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.
Brazil Potash '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 Brazil Potash'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 Brazil Potash.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Brazil Potash on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Brazil Potash Corp or generate 0.0% return on investment in Brazil Potash over 390 days. Brazil Potash is related to or competes with MP Materials, NioCorp Developments, Vale SA, Vizsla Resources, Electra Battery, Foremost Lithium, and BHP Group. Agria Corporationration operates as an agricultural company with operations and networks servicing New Zealand, Australia, South America, China, and various international markets. More
Brazil Potash 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 Brazil Potash'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 Brazil Potash Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 17.21 | |||
| Value At Risk | (13.40) | |||
| Potential Upside | 3.82 |
Brazil Potash Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brazil Potash's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brazil Potash's standard deviation. In reality, there are many statistical measures that can use Brazil Potash historical prices to predict the future Brazil Potash's volatility.| Risk Adjusted Performance | (0.22) | |||
| Jensen Alpha | (1.48) | |||
| Total Risk Alpha | (2.17) | |||
| Treynor Ratio | 5.24 |
Brazil Potash Corp Backtested Returns
Brazil Potash Corp secures Sharpe Ratio (or Efficiency) of -0.32, which signifies that the company had a -0.32% return per unit of standard deviation over the last 3 months. Brazil Potash Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brazil Potash's risk adjusted performance of (0.22), and Mean Deviation of 3.37 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Brazil Potash are expected to decrease at a much lower rate. During the bear market, Brazil Potash is likely to outperform the market. At this point, Brazil Potash Corp has a negative expected return of -1.5%. Please make sure to confirm Brazil Potash's information ratio, as well as the relationship between the potential upside and rate of daily change , to decide if Brazil Potash Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Brazil Potash Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Brazil Potash time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Brazil Potash Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Brazil Potash price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Brazil Potash Corp lagged returns against current returns
Autocorrelation, which is Brazil Potash 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 Brazil Potash's stock expected returns. We can calculate the autocorrelation of Brazil Potash returns to help us make a trade decision. For example, suppose you find that Brazil Potash 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 |
Brazil Potash 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 Brazil Potash stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brazil Potash stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brazil Potash stock over time.
Current vs Lagged Prices |
| Timeline |
Brazil Potash Lagged Returns
When evaluating Brazil Potash's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brazil Potash stock have on its future price. Brazil Potash 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, Brazil Potash autocorrelation shows the relationship between Brazil Potash stock current value and its past values and can show if there is a momentum factor associated with investing in Brazil Potash Corp.
Regressed Prices |
| Timeline |
Pair Trading with Brazil Potash
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brazil Potash position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brazil Potash will appreciate offsetting losses from the drop in the long position's value.Moving against Brazil Stock
| 0.53 | FMST | Foremost Lithium Resource | PairCorr |
| 0.52 | VALE | Vale SA ADR | PairCorr |
| 0.51 | ELBM | Electra Battery Materials | PairCorr |
| 0.4 | VZLA | Vizsla Resources Corp | PairCorr |
| 0.38 | EMX | EMX Royalty Corp | PairCorr |
The ability to find closely correlated positions to Brazil Potash could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brazil Potash when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brazil Potash - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brazil Potash Corp to buy it.
The correlation of Brazil Potash is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brazil Potash moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brazil Potash Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brazil Potash can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Brazil Potash Correlation, Brazil Potash Volatility and Brazil Potash Alpha and Beta module to complement your research on Brazil Potash. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Brazil Potash technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.