Hedge Recebiveis (Brazil) Market Value
| HREC11 Fund | BRL 7.61 0.12 1.55% |
| Symbol | Hedge |
Please note, there is a significant difference between Hedge Recebiveis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hedge Recebiveis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hedge Recebiveis' 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.
Hedge Recebiveis '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 Hedge Recebiveis' 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 Hedge Recebiveis.
| 11/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in Hedge Recebiveis on November 20, 2023 and sell it all today you would earn a total of 0.00 from holding Hedge Recebiveis Fundo or generate 0.0% return on investment in Hedge Recebiveis over 390 days. Hedge Recebiveis is related to or competes with BTG Pactual, Plano Plano, Companhia Habitasul, Telefonaktiebolaget, Cable One, British American, and Suzano SA. More
Hedge Recebiveis 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 Hedge Recebiveis' 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 Hedge Recebiveis Fundo upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 5.79 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 1.6 |
Hedge Recebiveis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hedge Recebiveis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hedge Recebiveis' standard deviation. In reality, there are many statistical measures that can use Hedge Recebiveis historical prices to predict the future Hedge Recebiveis' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (3.33) |
Hedge Recebiveis Fundo Backtested Returns
Hedge Recebiveis Fundo holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. Hedge Recebiveis Fundo exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hedge Recebiveis' Risk Adjusted Performance of (0.09), market risk adjusted performance of (3.32), and Standard Deviation of 1.08 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.044, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hedge Recebiveis' returns are expected to increase less than the market. However, during the bear market, the loss of holding Hedge Recebiveis is expected to be smaller as well.
Auto-correlation | 0.27 |
Poor predictability
Hedge Recebiveis Fundo has poor predictability. Overlapping area represents the amount of predictability between Hedge Recebiveis time series from 20th of November 2023 to 2nd of June 2024 and 2nd of June 2024 to 14th 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 Hedge Recebiveis Fundo price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Hedge Recebiveis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Hedge Recebiveis Fundo lagged returns against current returns
Autocorrelation, which is Hedge Recebiveis 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 Hedge Recebiveis' fund expected returns. We can calculate the autocorrelation of Hedge Recebiveis returns to help us make a trade decision. For example, suppose you find that Hedge Recebiveis 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 |
Hedge Recebiveis 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 Hedge Recebiveis fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hedge Recebiveis fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hedge Recebiveis fund over time.
Current vs Lagged Prices |
| Timeline |
Hedge Recebiveis Lagged Returns
When evaluating Hedge Recebiveis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hedge Recebiveis fund have on its future price. Hedge Recebiveis 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, Hedge Recebiveis autocorrelation shows the relationship between Hedge Recebiveis fund current value and its past values and can show if there is a momentum factor associated with investing in Hedge Recebiveis Fundo.
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 Hedge Fund
Hedge Recebiveis financial ratios help investors to determine whether Hedge 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 Hedge with respect to the benefits of owning Hedge Recebiveis security.
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