Fundo Investec (Brazil) Market Value
| WPLZ11 Fund | BRL 50.25 1.41 2.73% |
| Symbol | Fundo |
Fundo Investec '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 Fundo Investec'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 Fundo Investec.
| 06/21/2024 |
| 12/18/2024 |
If you would invest 0.00 in Fundo Investec on June 21, 2024 and sell it all today you would earn a total of 0.00 from holding Fundo Investec IMB or generate 0.0% return on investment in Fundo Investec over 180 days. Fundo Investec is related to or competes with Energisa, BTG Pactual, Plano Plano, Companhia Habitasul, Telefonaktiebolaget, Cable One, and British American. More
Fundo Investec 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 Fundo Investec'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 Fundo Investec IMB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 23.07 | |||
| Value At Risk | (4.58) | |||
| Potential Upside | 3.62 |
Fundo Investec Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fundo Investec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fundo Investec's standard deviation. In reality, there are many statistical measures that can use Fundo Investec historical prices to predict the future Fundo Investec's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.26) |
Fundo Investec IMB Backtested Returns
Fundo Investec IMB secures Sharpe Ratio (or Efficiency) of -0.0511, which denotes the fund had a -0.0511% return per unit of risk over the last 3 months. Fundo Investec IMB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fundo Investec's Variance of 11.99, mean deviation of 2.03, and Standard Deviation of 3.46 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.55, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fundo Investec's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fundo Investec is expected to be smaller as well.
Auto-correlation | 0.35 |
Below average predictability
Fundo Investec IMB has below average predictability. Overlapping area represents the amount of predictability between Fundo Investec time series from 21st of June 2024 to 19th of September 2024 and 19th of September 2024 to 18th 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 Fundo Investec IMB price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Fundo Investec price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 6.19 |
Fundo Investec IMB lagged returns against current returns
Autocorrelation, which is Fundo Investec 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 Fundo Investec's fund expected returns. We can calculate the autocorrelation of Fundo Investec returns to help us make a trade decision. For example, suppose you find that Fundo Investec 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 |
Fundo Investec 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 Fundo Investec fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fundo Investec fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fundo Investec fund over time.
Current vs Lagged Prices |
| Timeline |
Fundo Investec Lagged Returns
When evaluating Fundo Investec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fundo Investec fund have on its future price. Fundo Investec 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, Fundo Investec autocorrelation shows the relationship between Fundo Investec fund current value and its past values and can show if there is a momentum factor associated with investing in Fundo Investec IMB.
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 Fundo Fund
Fundo Investec financial ratios help investors to determine whether Fundo 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 Fundo with respect to the benefits of owning Fundo Investec security.
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