Vamos Locao (Brazil) Market Value
| VAMO3 Stock | 5.30 0.16 2.93% |
| Symbol | Vamos |
Vamos Locao '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 Vamos Locao'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 Vamos Locao.
| 11/08/2024 |
| 12/08/2024 |
If you would invest 0.00 in Vamos Locao on November 8, 2024 and sell it all today you would earn a total of 0.00 from holding Vamos Locao de or generate 0.0% return on investment in Vamos Locao over 30 days. Vamos Locao is related to or competes with Electronic Arts, Delta Air, Unity Software, Multilaser Industrial, and STMicroelectronics. More
Vamos Locao 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 Vamos Locao'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 Vamos Locao de upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 13.62 | |||
| Value At Risk | (5.32) | |||
| Potential Upside | 4.69 |
Vamos Locao Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vamos Locao's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vamos Locao's standard deviation. In reality, there are many statistical measures that can use Vamos Locao historical prices to predict the future Vamos Locao's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.46) | |||
| Total Risk Alpha | (0.96) | |||
| Treynor Ratio | (6.79) |
Vamos Locao de Backtested Returns
Vamos Locao de owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Vamos Locao de exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vamos Locao's Variance of 8.38, coefficient of variation of (660.58), and Risk Adjusted Performance of (0.10) to confirm the risk estimate we provide. The entity has a beta of 0.066, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vamos Locao's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vamos Locao is expected to be smaller as well. At this point, Vamos Locao de has a negative expected return of -0.41%. Please make sure to validate Vamos Locao's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Vamos Locao de performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.58 |
Good reverse predictability
Vamos Locao de has good reverse predictability. Overlapping area represents the amount of predictability between Vamos Locao time series from 8th of November 2024 to 23rd of November 2024 and 23rd of November 2024 to 8th 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 Vamos Locao de price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Vamos Locao price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Vamos Locao de lagged returns against current returns
Autocorrelation, which is Vamos Locao 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 Vamos Locao's stock expected returns. We can calculate the autocorrelation of Vamos Locao returns to help us make a trade decision. For example, suppose you find that Vamos Locao 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 |
Vamos Locao 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 Vamos Locao stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vamos Locao stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vamos Locao stock over time.
Current vs Lagged Prices |
| Timeline |
Vamos Locao Lagged Returns
When evaluating Vamos Locao's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vamos Locao stock have on its future price. Vamos Locao 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, Vamos Locao autocorrelation shows the relationship between Vamos Locao stock current value and its past values and can show if there is a momentum factor associated with investing in Vamos Locao de.
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 Vamos Stock Analysis
When running Vamos Locao's price analysis, check to measure Vamos Locao'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 Vamos Locao is operating at the current time. Most of Vamos Locao's value examination focuses on studying past and present price action to predict the probability of Vamos Locao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vamos Locao's price. Additionally, you may evaluate how the addition of Vamos Locao to your portfolios can decrease your overall portfolio volatility.