SPARTA FIAGRO (Brazil) Market Value
| CRAA11 Fund | 95.51 0.09 0.09% |
| Symbol | SPARTA |
SPARTA FIAGRO '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 SPARTA FIAGRO'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 SPARTA FIAGRO.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in SPARTA FIAGRO on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding SPARTA FIAGRO FDO or generate 0.0% return on investment in SPARTA FIAGRO over 90 days.
SPARTA FIAGRO 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 SPARTA FIAGRO'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 SPARTA FIAGRO FDO upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5497 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 3.03 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 1.21 |
SPARTA FIAGRO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPARTA FIAGRO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SPARTA FIAGRO's standard deviation. In reality, there are many statistical measures that can use SPARTA FIAGRO historical prices to predict the future SPARTA FIAGRO's volatility.| Risk Adjusted Performance | 0.1932 | |||
| Jensen Alpha | 0.0891 | |||
| Total Risk Alpha | 0.0317 | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.671 |
SPARTA FIAGRO FDO Backtested Returns
At this point, SPARTA FIAGRO is very steady. SPARTA FIAGRO FDO retains Efficiency (Sharpe Ratio) of 0.21, which indicates the fund had a 0.21 % return per unit of risk over the last 3 months. We have found thirty technical indicators for SPARTA FIAGRO, which you can use to evaluate the volatility of the fund. Please validate SPARTA FIAGRO's risk adjusted performance of 0.1932, and Downside Deviation of 0.5497 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. The entity owns a Beta (Systematic Risk) of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SPARTA FIAGRO's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPARTA FIAGRO is expected to be smaller as well.
Auto-correlation | 0.75 |
Good predictability
SPARTA FIAGRO FDO has good predictability. Overlapping area represents the amount of predictability between SPARTA FIAGRO time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SPARTA FIAGRO FDO price movement. The serial correlation of 0.75 indicates that around 75.0% of current SPARTA FIAGRO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 1.59 |
SPARTA FIAGRO FDO lagged returns against current returns
Autocorrelation, which is SPARTA FIAGRO 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 SPARTA FIAGRO's fund expected returns. We can calculate the autocorrelation of SPARTA FIAGRO returns to help us make a trade decision. For example, suppose you find that SPARTA FIAGRO 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 |
SPARTA FIAGRO 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 SPARTA FIAGRO fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SPARTA FIAGRO fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SPARTA FIAGRO fund over time.
Current vs Lagged Prices |
| Timeline |
SPARTA FIAGRO Lagged Returns
When evaluating SPARTA FIAGRO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SPARTA FIAGRO fund have on its future price. SPARTA FIAGRO 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, SPARTA FIAGRO autocorrelation shows the relationship between SPARTA FIAGRO fund current value and its past values and can show if there is a momentum factor associated with investing in SPARTA FIAGRO FDO.
Regressed Prices |
| Timeline |
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