Rec Fundo (Brazil) Market Value
| RECX11 Fund | BRL 67.99 0.00 0.00% |
| Symbol | Rec |
Please note, there is a significant difference between Rec Fundo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rec Fundo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rec Fundo's 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.
Rec Fundo '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 Rec Fundo'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 Rec Fundo.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Rec Fundo on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Rec Fundo De or generate 0.0% return on investment in Rec Fundo over 360 days. Rec Fundo is related to or competes with BTG Pactual. More
Rec Fundo 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 Rec Fundo'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 Rec Fundo De upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.26 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 22.24 | |||
| Value At Risk | (3.35) | |||
| Potential Upside | 3.14 |
Rec Fundo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rec Fundo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rec Fundo's standard deviation. In reality, there are many statistical measures that can use Rec Fundo historical prices to predict the future Rec Fundo's volatility.| Risk Adjusted Performance | 0.0319 | |||
| Jensen Alpha | 0.0353 | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | (0.0005) | |||
| Treynor Ratio | 0.1682 |
Rec Fundo De Backtested Returns
At this point, Rec Fundo is very steady. Rec Fundo De maintains Sharpe Ratio (i.e., Efficiency) of 0.0373, which implies the entity had a 0.0373% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Rec Fundo De, which you can use to evaluate the volatility of the fund. Please check Rec Fundo's Coefficient Of Variation of 3025.47, risk adjusted performance of 0.0319, and Semi Deviation of 2.33 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. The fund holds a Beta of 0.66, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Rec Fundo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rec Fundo is expected to be smaller as well.
Auto-correlation | 0.02 |
Virtually no predictability
Rec Fundo De has virtually no predictability. Overlapping area represents the amount of predictability between Rec Fundo time series from 18th of December 2023 to 15th of June 2024 and 15th of June 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 Rec Fundo De price movement. The serial correlation of 0.02 indicates that only 2.0% of current Rec Fundo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 19.31 |
Rec Fundo De lagged returns against current returns
Autocorrelation, which is Rec Fundo 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 Rec Fundo's fund expected returns. We can calculate the autocorrelation of Rec Fundo returns to help us make a trade decision. For example, suppose you find that Rec Fundo 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 |
Rec Fundo 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 Rec Fundo fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rec Fundo fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rec Fundo fund over time.
Current vs Lagged Prices |
| Timeline |
Rec Fundo Lagged Returns
When evaluating Rec Fundo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rec Fundo fund have on its future price. Rec Fundo 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, Rec Fundo autocorrelation shows the relationship between Rec Fundo fund current value and its past values and can show if there is a momentum factor associated with investing in Rec Fundo De.
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 Rec Fund
Rec Fundo financial ratios help investors to determine whether Rec 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 Rec with respect to the benefits of owning Rec Fundo security.
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