Fundo Investimento (Brazil) Market Value
| VTLT11 Fund | BRL 96.88 0.62 0.64% |
| Symbol | Fundo |
Please note, there is a significant difference between Fundo Investimento's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fundo Investimento is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fundo Investimento'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.
Fundo Investimento '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 Fundo Investimento'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 Fundo Investimento.
| 04/01/2024 |
| 05/01/2024 |
If you would invest 0.00 in Fundo Investimento on April 1, 2024 and sell it all today you would earn a total of 0.00 from holding Fundo Investimento Imobiliario or generate 0.0% return on investment in Fundo Investimento over 30 days. Fundo Investimento is related to or competes with Fundo Invest, Fundo De, Fundo Investec, and Fundo De. More
Fundo Investimento 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 Fundo Investimento'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 Fundo Investimento Imobiliario upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.537 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 2.44 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 1.12 |
Fundo Investimento Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fundo Investimento's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fundo Investimento's standard deviation. In reality, there are many statistical measures that can use Fundo Investimento historical prices to predict the future Fundo Investimento's volatility.| Risk Adjusted Performance | 0.0304 | |||
| Jensen Alpha | 0.0164 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.5736 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fundo Investimento'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.
Fundo Investimento Backtested Returns
We consider Fundo Investimento very steady. Fundo Investimento secures Sharpe Ratio (or Efficiency) of 0.0254, which denotes the fund had a 0.0254% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fundo Investimento Imobiliario, which you can use to evaluate the volatility of the entity. Please confirm Fundo Investimento's Coefficient Of Variation of 2017.27, downside deviation of 0.537, and Mean Deviation of 0.4209 to check if the risk estimate we provide is consistent with the expected return of 0.0139%. The fund shows a Beta (market volatility) of 0.0312, which means not very significant fluctuations relative to the market. As returns on the market increase, Fundo Investimento's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fundo Investimento is expected to be smaller as well.
Auto-correlation | -0.43 |
Modest reverse predictability
Fundo Investimento Imobiliario has modest reverse predictability. Overlapping area represents the amount of predictability between Fundo Investimento 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 Fundo Investimento price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Fundo Investimento price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Fundo Investimento lagged returns against current returns
Autocorrelation, which is Fundo Investimento 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 Fundo Investimento's fund expected returns. We can calculate the autocorrelation of Fundo Investimento returns to help us make a trade decision. For example, suppose you find that Fundo Investimento 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 |
Fundo Investimento 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 Fundo Investimento fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fundo Investimento fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fundo Investimento fund over time.
Current vs Lagged Prices |
| Timeline |
Fundo Investimento Lagged Returns
When evaluating Fundo Investimento's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fundo Investimento fund have on its future price. Fundo Investimento 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, Fundo Investimento autocorrelation shows the relationship between Fundo Investimento fund current value and its past values and can show if there is a momentum factor associated with investing in Fundo Investimento Imobiliario.
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 Fundo Investimento 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, Fundo Investimento's short interest history, or implied volatility extrapolated from Fundo Investimento options trading.
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 Fundo Investimento Correlation, Fundo Investimento Volatility and Fundo Investimento Alpha and Beta module to complement your research on Fundo Investimento. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Fundo Investimento 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.