Cshg Logistica (Brazil) Market Value
| HGLG11 Fund | BRL 154.66 0.93 0.60% |
| Symbol | Cshg |
Cshg Logistica '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 Cshg Logistica's 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 Cshg Logistica.
| 12/03/2023 |
| 12/27/2024 |
If you would invest 0.00 in Cshg Logistica on December 3, 2023 and sell it all today you would earn a total of 0.00 from holding Cshg Logistica or generate 0.0% return on investment in Cshg Logistica over 390 days. Cshg Logistica is related to or competes with BTG Pactual, Plano Plano, S1YM34, Cable One, ATMA Participaes, British American, and ConocoPhillips. Cshg Logistica - Fundo De Investimento Imobiliario specializes in real estate investments More
Cshg Logistica 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 Cshg Logistica's 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 Cshg Logistica upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 7.01 | |||
| Value At Risk | (1.67) | |||
| Potential Upside | 1.74 |
Cshg Logistica Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cshg Logistica's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cshg Logistica's standard deviation. In reality, there are many statistical measures that can use Cshg Logistica historical prices to predict the future Cshg Logistica's volatility.| Risk Adjusted Performance | 4.0E-4 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.16) |
Cshg Logistica Backtested Returns
Cshg Logistica secures Sharpe Ratio (or Efficiency) of -0.0149, which signifies that the fund had a -0.0149% return per unit of risk over the last 3 months. Cshg Logistica exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cshg Logistica's Standard Deviation of 1.11, risk adjusted performance of 4.0E-4, and Mean Deviation of 0.7329 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0847, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cshg Logistica's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cshg Logistica is expected to be smaller as well.
Auto-correlation | 0.06 |
Virtually no predictability
Cshg Logistica has virtually no predictability. Overlapping area represents the amount of predictability between Cshg Logistica time series from 3rd of December 2023 to 15th of June 2024 and 15th of June 2024 to 27th 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 Cshg Logistica price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Cshg Logistica price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 8.87 |
Cshg Logistica lagged returns against current returns
Autocorrelation, which is Cshg Logistica 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 Cshg Logistica's fund expected returns. We can calculate the autocorrelation of Cshg Logistica returns to help us make a trade decision. For example, suppose you find that Cshg Logistica 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 |
Cshg Logistica 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 Cshg Logistica fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cshg Logistica fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cshg Logistica fund over time.
Current vs Lagged Prices |
| Timeline |
Cshg Logistica Lagged Returns
When evaluating Cshg Logistica's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cshg Logistica fund have on its future price. Cshg Logistica 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, Cshg Logistica autocorrelation shows the relationship between Cshg Logistica fund current value and its past values and can show if there is a momentum factor associated with investing in Cshg Logistica .
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 Cshg Fund
Cshg Logistica financial ratios help investors to determine whether Cshg 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 Cshg with respect to the benefits of owning Cshg Logistica security.
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