Brio Multiestrategi (Brazil) Market Value
| BIME11 Fund | 6.39 0.01 0.16% |
| Symbol | Brio |
Brio Multiestrategi '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 Brio Multiestrategi'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 Brio Multiestrategi.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in Brio Multiestrategi on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Brio Multiestrategi Fundo or generate 0.0% return on investment in Brio Multiestrategi over 720 days.
Brio Multiestrategi 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 Brio Multiestrategi'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 Brio Multiestrategi Fundo upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 8.03 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 0.9887 |
Brio Multiestrategi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brio Multiestrategi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brio Multiestrategi's standard deviation. In reality, there are many statistical measures that can use Brio Multiestrategi historical prices to predict the future Brio Multiestrategi's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (8.01) |
Brio Multiestrategi Fundo Backtested Returns
Brio Multiestrategi Fundo secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the fund had a -0.14% return per unit of risk over the last 3 months. Brio Multiestrategi Fundo exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brio Multiestrategi's Risk Adjusted Performance of (0.09), standard deviation of 1.02, and Mean Deviation of 0.5747 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0181, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Brio Multiestrategi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brio Multiestrategi is expected to be smaller as well.
Auto-correlation | 0.67 |
Good predictability
Brio Multiestrategi Fundo has good predictability. Overlapping area represents the amount of predictability between Brio Multiestrategi time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th of December 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 Brio Multiestrategi Fundo price movement. The serial correlation of 0.67 indicates that around 67.0% of current Brio Multiestrategi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Brio Multiestrategi Fundo lagged returns against current returns
Autocorrelation, which is Brio Multiestrategi 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 Brio Multiestrategi's fund expected returns. We can calculate the autocorrelation of Brio Multiestrategi returns to help us make a trade decision. For example, suppose you find that Brio Multiestrategi 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 |
Brio Multiestrategi 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 Brio Multiestrategi fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brio Multiestrategi fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brio Multiestrategi fund over time.
Current vs Lagged Prices |
| Timeline |
Brio Multiestrategi Lagged Returns
When evaluating Brio Multiestrategi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brio Multiestrategi fund have on its future price. Brio Multiestrategi 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, Brio Multiestrategi autocorrelation shows the relationship between Brio Multiestrategi fund current value and its past values and can show if there is a momentum factor associated with investing in Brio Multiestrategi Fundo.
Regressed Prices |
| Timeline |
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