Kinea Indices (Brazil) Market Value
| KNIP11 Fund | BRL 90.17 0.96 1.08% |
| Symbol | Kinea |
Kinea Indices '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 Kinea Indices' 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 Kinea Indices.
| 01/09/2023 |
| 12/29/2024 |
If you would invest 0.00 in Kinea Indices on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Kinea Indices Precos or generate 0.0% return on investment in Kinea Indices over 720 days. Kinea Indices is related to or competes with BTG Pactual, Plano Plano, S1YM34, Cable One, ATMA Participaes, British American, and Western Union. More
Kinea Indices 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 Kinea Indices' 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 Kinea Indices Precos upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 3.57 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.19 |
Kinea Indices Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinea Indices' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kinea Indices' standard deviation. In reality, there are many statistical measures that can use Kinea Indices historical prices to predict the future Kinea Indices' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.51) |
Kinea Indices Precos Backtested Returns
Kinea Indices Precos has Sharpe Ratio of -0.0466, which conveys that the entity had a -0.0466% return per unit of risk over the last 3 months. Kinea Indices exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kinea Indices' Standard Deviation of 0.7586, mean deviation of 0.5386, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.0848, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kinea Indices' returns are expected to increase less than the market. However, during the bear market, the loss of holding Kinea Indices is expected to be smaller as well.
Auto-correlation | 0.51 |
Modest predictability
Kinea Indices Precos has modest predictability. Overlapping area represents the amount of predictability between Kinea Indices time series from 9th of January 2023 to 4th of January 2024 and 4th of January 2024 to 29th 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 Kinea Indices Precos price movement. The serial correlation of 0.51 indicates that about 51.0% of current Kinea Indices price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 2.94 |
Kinea Indices Precos lagged returns against current returns
Autocorrelation, which is Kinea Indices 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 Kinea Indices' fund expected returns. We can calculate the autocorrelation of Kinea Indices returns to help us make a trade decision. For example, suppose you find that Kinea Indices 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 |
Kinea Indices 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 Kinea Indices fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kinea Indices fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kinea Indices fund over time.
Current vs Lagged Prices |
| Timeline |
Kinea Indices Lagged Returns
When evaluating Kinea Indices' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kinea Indices fund have on its future price. Kinea Indices 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, Kinea Indices autocorrelation shows the relationship between Kinea Indices fund current value and its past values and can show if there is a momentum factor associated with investing in Kinea Indices Precos.
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 Kinea Fund
Kinea Indices financial ratios help investors to determine whether Kinea 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 Kinea with respect to the benefits of owning Kinea Indices security.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |