PANORAMA REAL (Brazil) Market Value
| PNRC11 Fund | 105.95 0.00 0.00% |
| Symbol | PANORAMA |
PANORAMA REAL '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 PANORAMA REAL'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 PANORAMA REAL.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in PANORAMA REAL on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding PANORAMA REAL ESTATE or generate 0.0% return on investment in PANORAMA REAL over 90 days.
PANORAMA REAL 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 PANORAMA REAL'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 PANORAMA REAL ESTATE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0555 | |||
| Maximum Drawdown | 13.0 | |||
| Potential Upside | 0.3504 |
PANORAMA REAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PANORAMA REAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PANORAMA REAL's standard deviation. In reality, there are many statistical measures that can use PANORAMA REAL historical prices to predict the future PANORAMA REAL's volatility.| Risk Adjusted Performance | 0.1363 | |||
| Jensen Alpha | 0.2281 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (4.54) |
PANORAMA REAL ESTATE Backtested Returns
PANORAMA REAL appears to be very steady, given 3 months investment horizon. PANORAMA REAL ESTATE maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the fund had a 0.14 % return per unit of volatility over the last 3 months. We have found eighteen technical indicators for PANORAMA REAL ESTATE, which you can use to evaluate the volatility of the entity. Please evaluate PANORAMA REAL's variance of 2.69, and Market Risk Adjusted Performance of (4.53) to confirm if our risk estimates are consistent with your expectations. The entity holds a Beta of -0.0488, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PANORAMA REAL are expected to decrease at a much lower rate. During the bear market, PANORAMA REAL is likely to outperform the market.
Auto-correlation | 0.77 |
Good predictability
PANORAMA REAL ESTATE has good predictability. Overlapping area represents the amount of predictability between PANORAMA REAL 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 PANORAMA REAL ESTATE price movement. The serial correlation of 0.77 indicates that around 77.0% of current PANORAMA REAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 20.71 |
PANORAMA REAL ESTATE lagged returns against current returns
Autocorrelation, which is PANORAMA REAL 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 PANORAMA REAL's fund expected returns. We can calculate the autocorrelation of PANORAMA REAL returns to help us make a trade decision. For example, suppose you find that PANORAMA REAL 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 |
PANORAMA REAL 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 PANORAMA REAL fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PANORAMA REAL fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PANORAMA REAL fund over time.
Current vs Lagged Prices |
| Timeline |
PANORAMA REAL Lagged Returns
When evaluating PANORAMA REAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PANORAMA REAL fund have on its future price. PANORAMA REAL 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, PANORAMA REAL autocorrelation shows the relationship between PANORAMA REAL fund current value and its past values and can show if there is a momentum factor associated with investing in PANORAMA REAL ESTATE.
Regressed Prices |
| Timeline |
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