Investo Teva (Brazil) Market Value
| LFTS11 Etf | 126.34 0.08 0.06% |
| Symbol | Investo |
Investo Teva '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 Investo Teva's etf 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 Investo Teva.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Investo Teva on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Investo Teva Tesouro or generate 0.0% return on investment in Investo Teva over 180 days.
Investo Teva 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 Investo Teva's etf 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 Investo Teva Tesouro upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (5.18) | |||
| Maximum Drawdown | 0.081 | |||
| Potential Upside | 0.0718 |
Investo Teva Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Investo Teva's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Investo Teva's standard deviation. In reality, there are many statistical measures that can use Investo Teva historical prices to predict the future Investo Teva's volatility.Investo Teva Tesouro Backtested Returns
At this point, Investo Teva is very steady. Investo Teva Tesouro holds Efficiency (Sharpe) Ratio of 2.05, which attests that the entity had a 2.05% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Investo Teva Tesouro, which you can use to evaluate the volatility of the entity. Please check out Investo Teva's Mean Deviation of 0.0142, variance of 4.0E-4, and Risk Adjusted Performance of 1.26 to validate if the risk estimate we provide is consistent with the expected return of 0.04%. The etf retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Investo Teva are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Investo Teva Tesouro has perfect predictability. Overlapping area represents the amount of predictability between Investo Teva time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Investo Teva Tesouro price movement. The serial correlation of 1.0 indicates that 100.0% of current Investo Teva price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.89 |
Investo Teva Tesouro lagged returns against current returns
Autocorrelation, which is Investo Teva etf'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 Investo Teva's etf expected returns. We can calculate the autocorrelation of Investo Teva returns to help us make a trade decision. For example, suppose you find that Investo Teva has exhibited high autocorrelation historically, and you observe that the etf 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 |
Investo Teva 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 Investo Teva etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Investo Teva etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Investo Teva etf over time.
Current vs Lagged Prices |
| Timeline |
Investo Teva Lagged Returns
When evaluating Investo Teva's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Investo Teva etf have on its future price. Investo Teva 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, Investo Teva autocorrelation shows the relationship between Investo Teva etf current value and its past values and can show if there is a momentum factor associated with investing in Investo Teva Tesouro.
Regressed Prices |
| Timeline |