Boa Safra (Brazil) Market Value
| SOJA3 Stock | BRL 10.94 0.30 2.67% |
| Symbol | Boa |
Boa Safra '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 Boa Safra's 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 Boa Safra.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Boa Safra on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Boa Safra Sementes or generate 0.0% return on investment in Boa Safra over 360 days. Boa Safra is related to or competes with Salesforce, Automatic Data, Telecomunicaes Brasileiras, Unity Software, Iron Mountain, Spotify Technology, and Zoom Video. Boa Safra Sementes S.A. produces and sells soybean seeds in Brazil More
Boa Safra 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 Boa Safra's 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 Boa Safra Sementes upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 11.23 | |||
| Value At Risk | (3.41) | |||
| Potential Upside | 2.94 |
Boa Safra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Boa Safra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Boa Safra's standard deviation. In reality, there are many statistical measures that can use Boa Safra historical prices to predict the future Boa Safra's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.67) |
Boa Safra Sementes Backtested Returns
Boa Safra Sementes secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of standard deviation over the last 3 months. Boa Safra Sementes exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Boa Safra's mean deviation of 1.64, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Boa Safra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Boa Safra is expected to be smaller as well. At this point, Boa Safra Sementes has a negative expected return of -0.23%. Please make sure to confirm Boa Safra's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Boa Safra Sementes performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.65 |
Very good reverse predictability
Boa Safra Sementes has very good reverse predictability. Overlapping area represents the amount of predictability between Boa Safra time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Boa Safra Sementes price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Boa Safra price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 1.61 |
Boa Safra Sementes lagged returns against current returns
Autocorrelation, which is Boa Safra 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 Boa Safra's stock expected returns. We can calculate the autocorrelation of Boa Safra returns to help us make a trade decision. For example, suppose you find that Boa Safra 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 |
Boa Safra 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 Boa Safra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Boa Safra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Boa Safra stock over time.
Current vs Lagged Prices |
| Timeline |
Boa Safra Lagged Returns
When evaluating Boa Safra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Boa Safra stock have on its future price. Boa Safra 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, Boa Safra autocorrelation shows the relationship between Boa Safra stock current value and its past values and can show if there is a momentum factor associated with investing in Boa Safra Sementes.
Regressed Prices |
| Timeline |
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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 Boa Stock Analysis
When running Boa Safra's price analysis, check to measure Boa Safra's 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 Boa Safra is operating at the current time. Most of Boa Safra's value examination focuses on studying past and present price action to predict the probability of Boa Safra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boa Safra's price. Additionally, you may evaluate how the addition of Boa Safra to your portfolios can decrease your overall portfolio volatility.