Vinci Corporate (Brazil) Market Value
| VINO11 Fund | BRL 8.00 0.13 1.60% |
| Symbol | Vinci |
Please note, there is a significant difference between Vinci Corporate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vinci Corporate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vinci Corporate'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.
Vinci Corporate '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 Vinci Corporate'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 Vinci Corporate.
| 04/04/2024 |
| 05/04/2024 |
If you would invest 0.00 in Vinci Corporate on April 4, 2024 and sell it all today you would earn a total of 0.00 from holding Vinci Corporate Fundo or generate 0.0% return on investment in Vinci Corporate over 30 days. Vinci Corporate is related to or competes with XP Corporate, and BTG Pactual. More
Vinci Corporate 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 Vinci Corporate'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 Vinci Corporate Fundo upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.46 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 9.42 | |||
| Value At Risk | (2.73) | |||
| Potential Upside | 2.01 |
Vinci Corporate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vinci Corporate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vinci Corporate's standard deviation. In reality, there are many statistical measures that can use Vinci Corporate historical prices to predict the future Vinci Corporate's volatility.| Risk Adjusted Performance | 0.0292 | |||
| Jensen Alpha | 0.0335 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.191 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vinci Corporate'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.
Vinci Corporate Fundo Backtested Returns
We consider Vinci Corporate not too volatile. Vinci Corporate Fundo owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0521, which indicates the fund had a 0.0521% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Vinci Corporate Fundo, which you can use to evaluate the volatility of the fund. Please validate Vinci Corporate's Risk Adjusted Performance of 0.0292, semi deviation of 1.24, and Coefficient Of Variation of 2762.66 to confirm if the risk estimate we provide is consistent with the expected return of 0.0777%. The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vinci Corporate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vinci Corporate is expected to be smaller as well.
Auto-correlation | 0.02 |
Virtually no predictability
Vinci Corporate Fundo has virtually no predictability. Overlapping area represents the amount of predictability between Vinci Corporate time series from 4th of April 2024 to 19th of April 2024 and 19th of April 2024 to 4th 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 Vinci Corporate Fundo price movement. The serial correlation of 0.02 indicates that only 2.0% of current Vinci Corporate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Vinci Corporate Fundo lagged returns against current returns
Autocorrelation, which is Vinci Corporate 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 Vinci Corporate's fund expected returns. We can calculate the autocorrelation of Vinci Corporate returns to help us make a trade decision. For example, suppose you find that Vinci Corporate 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 |
Vinci Corporate 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 Vinci Corporate fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vinci Corporate fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vinci Corporate fund over time.
Current vs Lagged Prices |
| Timeline |
Vinci Corporate Lagged Returns
When evaluating Vinci Corporate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vinci Corporate fund have on its future price. Vinci Corporate 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, Vinci Corporate autocorrelation shows the relationship between Vinci Corporate fund current value and its past values and can show if there is a momentum factor associated with investing in Vinci Corporate 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.Check out Vinci Corporate Correlation, Vinci Corporate Volatility and Vinci Corporate Alpha and Beta module to complement your research on Vinci Corporate. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Vinci Corporate 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.