Minupar Participaes (Brazil) Market Value
| MNPR3 Stock | BRL 22.00 0.49 2.28% |
| Symbol | Minupar |
Minupar Participaes '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 Minupar Participaes' 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 Minupar Participaes.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Minupar Participaes on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Minupar Participaes SA or generate 0.0% return on investment in Minupar Participaes over 30 days. Minupar Participaes is related to or competes with Lupatech, Refinaria, Recrusul, Plascar Participaes, and Mangels Industrial. Minupar Participaes S.A., through its subsidiaries, focuses on the creation, slaughter, commercialization, import, and e... More
Minupar Participaes 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 Minupar Participaes' 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 Minupar Participaes SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.86 | |||
| Information Ratio | 0.1187 | |||
| Maximum Drawdown | 24.11 | |||
| Value At Risk | (3.35) | |||
| Potential Upside | 5.65 |
Minupar Participaes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Minupar Participaes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Minupar Participaes' standard deviation. In reality, there are many statistical measures that can use Minupar Participaes historical prices to predict the future Minupar Participaes' volatility.| Risk Adjusted Performance | 0.1202 | |||
| Jensen Alpha | 0.4021 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1043 | |||
| Treynor Ratio | 0.5153 |
Minupar Participaes Backtested Returns
Minupar Participaes appears to be not too volatile, given 3 months investment horizon. Minupar Participaes has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. By analyzing Minupar Participaes' technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please exercise Minupar Participaes' Risk Adjusted Performance of 0.1202, downside deviation of 3.86, and Mean Deviation of 2.16 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Minupar Participaes holds a performance score of 12. The company secures a Beta (Market Risk) of 1.0, which conveys a somewhat significant risk relative to the market. Minupar Participaes returns are very sensitive to returns on the market. As the market goes up or down, Minupar Participaes is expected to follow. Please check Minupar Participaes' value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to make a quick decision on whether Minupar Participaes' current price movements will revert.
Auto-correlation | 0.53 |
Modest predictability
Minupar Participaes SA has modest predictability. Overlapping area represents the amount of predictability between Minupar Participaes time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Minupar Participaes price movement. The serial correlation of 0.53 indicates that about 53.0% of current Minupar Participaes price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 1.22 |
Minupar Participaes lagged returns against current returns
Autocorrelation, which is Minupar Participaes 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 Minupar Participaes' stock expected returns. We can calculate the autocorrelation of Minupar Participaes returns to help us make a trade decision. For example, suppose you find that Minupar Participaes 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 |
Minupar Participaes 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 Minupar Participaes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Minupar Participaes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Minupar Participaes stock over time.
Current vs Lagged Prices |
| Timeline |
Minupar Participaes Lagged Returns
When evaluating Minupar Participaes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Minupar Participaes stock have on its future price. Minupar Participaes 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, Minupar Participaes autocorrelation shows the relationship between Minupar Participaes stock current value and its past values and can show if there is a momentum factor associated with investing in Minupar Participaes SA.
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.Additional Tools for Minupar Stock Analysis
When running Minupar Participaes' price analysis, check to measure Minupar Participaes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Minupar Participaes is operating at the current time. Most of Minupar Participaes' value examination focuses on studying past and present price action to predict the probability of Minupar Participaes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minupar Participaes' price. Additionally, you may evaluate how the addition of Minupar Participaes to your portfolios can decrease your overall portfolio volatility.