HEDGE Brasil (Brazil) Market Value
| HGBS11 Fund | BRL 221.95 0.15 0.07% |
| Symbol | HEDGE |
HEDGE Brasil '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 HEDGE Brasil'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 HEDGE Brasil.
| 04/01/2024 |
| 05/01/2024 |
If you would invest 0.00 in HEDGE Brasil on April 1, 2024 and sell it all today you would earn a total of 0.00 from holding HEDGE Brasil Shopping or generate 0.0% return on investment in HEDGE Brasil over 30 days. CSHG Brasil Shopping FII specializes in real estate investing More
HEDGE Brasil 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 HEDGE Brasil'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 HEDGE Brasil Shopping upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 3.58 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 0.8088 |
HEDGE Brasil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HEDGE Brasil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HEDGE Brasil's standard deviation. In reality, there are many statistical measures that can use HEDGE Brasil historical prices to predict the future HEDGE Brasil's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 0.5959 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HEDGE Brasil's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
HEDGE Brasil Shopping Backtested Returns
HEDGE Brasil Shopping holds Efficiency (Sharpe) Ratio of -0.0602, which attests that the entity had a -0.0602% return per unit of return volatility over the last 3 months. HEDGE Brasil Shopping exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HEDGE Brasil's Coefficient Of Variation of (1,229), risk adjusted performance of (0.05), and Market Risk Adjusted Performance of 0.6059 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning HEDGE Brasil are expected to decrease at a much lower rate. During the bear market, HEDGE Brasil is likely to outperform the market.
Auto-correlation | -0.2 |
Insignificant reverse predictability
HEDGE Brasil Shopping has insignificant reverse predictability. Overlapping area represents the amount of predictability between HEDGE Brasil time series from 1st of April 2024 to 16th of April 2024 and 16th of April 2024 to 1st of May 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 HEDGE Brasil Shopping price movement. The serial correlation of -0.2 indicates that over 20.0% of current HEDGE Brasil price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 3.25 |
HEDGE Brasil Shopping lagged returns against current returns
Autocorrelation, which is HEDGE Brasil 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 HEDGE Brasil's fund expected returns. We can calculate the autocorrelation of HEDGE Brasil returns to help us make a trade decision. For example, suppose you find that HEDGE Brasil 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 |
HEDGE Brasil 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 HEDGE Brasil fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HEDGE Brasil fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HEDGE Brasil fund over time.
Current vs Lagged Prices |
| Timeline |
HEDGE Brasil Lagged Returns
When evaluating HEDGE Brasil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HEDGE Brasil fund have on its future price. HEDGE Brasil 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, HEDGE Brasil autocorrelation shows the relationship between HEDGE Brasil fund current value and its past values and can show if there is a momentum factor associated with investing in HEDGE Brasil Shopping.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards HEDGE Brasil in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, HEDGE Brasil's short interest history, or implied volatility extrapolated from HEDGE Brasil options trading.
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HEDGE Brasil technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.