ASSET BANK (Brazil) Market Value
| AAGR11 Fund | 94.99 0.01 0.01% |
| Symbol | ASSET |
ASSET BANK '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 ASSET BANK'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 ASSET BANK.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in ASSET BANK on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding ASSET BANK AGRONEGCIOS or generate 0.0% return on investment in ASSET BANK over 90 days.
ASSET BANK 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 ASSET BANK'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 ASSET BANK AGRONEGCIOS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.94 | |||
| Information Ratio | 0.0513 | |||
| Maximum Drawdown | 34.82 | |||
| Value At Risk | (6.16) | |||
| Potential Upside | 8.17 |
ASSET BANK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ASSET BANK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ASSET BANK's standard deviation. In reality, there are many statistical measures that can use ASSET BANK historical prices to predict the future ASSET BANK's volatility.| Risk Adjusted Performance | 0.0316 | |||
| Jensen Alpha | 0.1766 | |||
| Total Risk Alpha | 0.8963 | |||
| Sortino Ratio | 0.0433 | |||
| Treynor Ratio | 0.3614 |
ASSET BANK AGRONEGCIOS Backtested Returns
At this point, ASSET BANK is very steady. ASSET BANK AGRONEGCIOS secures Sharpe Ratio (or Efficiency) of 0.0188, which signifies that the fund had a 0.0188 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ASSET BANK AGRONEGCIOS, which you can use to evaluate the volatility of the entity. Please confirm ASSET BANK's risk adjusted performance of 0.0316, and Mean Deviation of 2.51 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. The fund shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ASSET BANK's returns are expected to increase less than the market. However, during the bear market, the loss of holding ASSET BANK is expected to be smaller as well.
Auto-correlation | 0.13 |
Insignificant predictability
ASSET BANK AGRONEGCIOS has insignificant predictability. Overlapping area represents the amount of predictability between ASSET BANK time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th of March 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 ASSET BANK AGRONEGCIOS price movement. The serial correlation of 0.13 indicates that less than 13.0% of current ASSET BANK price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 12.17 |
ASSET BANK AGRONEGCIOS lagged returns against current returns
Autocorrelation, which is ASSET BANK 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 ASSET BANK's fund expected returns. We can calculate the autocorrelation of ASSET BANK returns to help us make a trade decision. For example, suppose you find that ASSET BANK 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 |
ASSET BANK 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 ASSET BANK fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ASSET BANK fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ASSET BANK fund over time.
Current vs Lagged Prices |
| Timeline |
ASSET BANK Lagged Returns
When evaluating ASSET BANK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ASSET BANK fund have on its future price. ASSET BANK 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, ASSET BANK autocorrelation shows the relationship between ASSET BANK fund current value and its past values and can show if there is a momentum factor associated with investing in ASSET BANK AGRONEGCIOS.
Regressed Prices |
| Timeline |
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