BB Renda (Brazil) Market Value

BBRC11 Fund  BRL 95.75  0.08  0.08%   
BB Renda's market value is the price at which a share of BB Renda trades on a public exchange. It measures the collective expectations of BB Renda Corporativa investors about its performance. BB Renda is trading at 95.75 as of the 16th of March 2025, a 0.08 percent decrease since the beginning of the trading day. The fund's open price was 95.83.
With this module, you can estimate the performance of a buy and hold strategy of BB Renda Corporativa and determine expected loss or profit from investing in BB Renda over a given investment horizon. Check out BB Renda Correlation, BB Renda Volatility and BB Renda Alpha and Beta module to complement your research on BB Renda.
Symbol

Please note, there is a significant difference between BB Renda's value and its price as these two are different measures arrived at by different means. Investors typically determine if BB Renda is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BB Renda'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.

BB Renda '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 BB Renda'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 BB Renda.
0.00
12/16/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/16/2025
0.00
If you would invest  0.00  in BB Renda on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding BB Renda Corporativa or generate 0.0% return on investment in BB Renda over 90 days. BB Renda is related to or competes with BTG Pactual, and . More

BB Renda 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 BB Renda'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 BB Renda Corporativa upside and downside potential and time the market with a certain degree of confidence.

BB Renda Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BB Renda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BB Renda's standard deviation. In reality, there are many statistical measures that can use BB Renda historical prices to predict the future BB Renda's volatility.
Hype
Prediction
LowEstimatedHigh
94.8695.7596.64
Details
Intrinsic
Valuation
LowRealHigh
87.9788.86105.33
Details
Naive
Forecast
LowNextHigh
95.0695.9596.84
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
92.0095.1898.37
Details

BB Renda Corporativa Backtested Returns

BB Renda Corporativa retains Efficiency (Sharpe Ratio) of close to zero, which signifies that the fund had a close to zero % return per unit of price deviation over the last 3 months. BB Renda exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BB Renda's Information Ratio of 0.0587, market risk adjusted performance of 0.4737, and Variance of 1.0 to double-check the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BB Renda are expected to decrease at a much lower rate. During the bear market, BB Renda is likely to outperform the market.

Auto-correlation

    
  -0.87  

Excellent reverse predictability

BB Renda Corporativa has excellent reverse predictability. Overlapping area represents the amount of predictability between BB Renda time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 BB Renda Corporativa price movement. The serial correlation of -0.87 indicates that approximately 87.0% of current BB Renda price fluctuation can be explain by its past prices.
Correlation Coefficient-0.87
Spearman Rank Test-0.48
Residual Average0.0
Price Variance1.43

BB Renda Corporativa lagged returns against current returns

Autocorrelation, which is BB Renda 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 BB Renda's fund expected returns. We can calculate the autocorrelation of BB Renda returns to help us make a trade decision. For example, suppose you find that BB Renda 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  

BB Renda 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 BB Renda fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BB Renda fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BB Renda fund over time.
   Current vs Lagged Prices   
       Timeline  

BB Renda Lagged Returns

When evaluating BB Renda's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BB Renda fund have on its future price. BB Renda 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, BB Renda autocorrelation shows the relationship between BB Renda fund current value and its past values and can show if there is a momentum factor associated with investing in BB Renda Corporativa.
   Regressed Prices   
       Timeline  

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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 BBRC11 Fund

BB Renda financial ratios help investors to determine whether BBRC11 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 BBRC11 with respect to the benefits of owning BB Renda security.
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