Newport Logastica (Brazil) Market Value
| NEWL11 Fund | BRL 104.43 0.23 0.22% |
| Symbol | Newport |
Please note, there is a significant difference between Newport Logastica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newport Logastica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newport Logastica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Newport Logastica '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 Newport Logastica'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 Newport Logastica.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Newport Logastica on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Newport Logastica Fundo or generate 0.0% return on investment in Newport Logastica over 90 days. Newport Logastica is related to or competes with Energisa, BTG Pactual, Plano Plano, Companhia Habitasul, Procter Gamble, Gen Digital, and Telefonaktiebolaget. More
Newport Logastica 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 Newport Logastica'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 Newport Logastica Fundo upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8936 | |||
| Information Ratio | 0.0585 | |||
| Maximum Drawdown | 3.37 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 1.52 |
Newport Logastica Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Newport Logastica's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Newport Logastica's standard deviation. In reality, there are many statistical measures that can use Newport Logastica historical prices to predict the future Newport Logastica's volatility.| Risk Adjusted Performance | 0.219 | |||
| Jensen Alpha | 0.1874 | |||
| Total Risk Alpha | 0.0663 | |||
| Sortino Ratio | 0.0518 | |||
| Treynor Ratio | (2.24) |
Newport Logastica Fundo Backtested Returns
At this point, Newport Logastica is very steady. Newport Logastica Fundo has Sharpe Ratio of 0.18, which conveys that the entity had a 0.18 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Newport Logastica, which you can use to evaluate the volatility of the fund. Please verify Newport Logastica's Risk Adjusted Performance of 0.219, downside deviation of 0.8936, and Mean Deviation of 0.5923 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. The fund secures a Beta (Market Risk) of -0.0792, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Newport Logastica are expected to decrease at a much lower rate. During the bear market, Newport Logastica is likely to outperform the market.
Auto-correlation | 0.63 |
Good predictability
Newport Logastica Fundo has good predictability. Overlapping area represents the amount of predictability between Newport Logastica time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st 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 Newport Logastica Fundo price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Newport Logastica price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 2.54 |
Newport Logastica Fundo lagged returns against current returns
Autocorrelation, which is Newport Logastica 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 Newport Logastica's fund expected returns. We can calculate the autocorrelation of Newport Logastica returns to help us make a trade decision. For example, suppose you find that Newport Logastica 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 |
Newport Logastica 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 Newport Logastica fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Newport Logastica fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Newport Logastica fund over time.
Current vs Lagged Prices |
| Timeline |
Newport Logastica Lagged Returns
When evaluating Newport Logastica's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Newport Logastica fund have on its future price. Newport Logastica 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, Newport Logastica autocorrelation shows the relationship between Newport Logastica fund current value and its past values and can show if there is a momentum factor associated with investing in Newport Logastica Fundo.
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 Newport Fund
Newport Logastica financial ratios help investors to determine whether Newport 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 Newport with respect to the benefits of owning Newport Logastica security.
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