Bombril SA (Brazil) Market Value
| BOBR4 Preferred Stock | BRL 1.74 0.07 4.19% |
| Symbol | Bombril |
Bombril SA '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 Bombril SA's preferred stock 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 Bombril SA.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Bombril SA on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Bombril SA or generate 0.0% return on investment in Bombril SA over 90 days. Bombril SA is related to or competes with Eternit SA, Lupatech, Inepar SA, and Marcopolo. Bombril S.A. manufactures and sells household products in Brazil More
Bombril SA 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 Bombril SA's preferred stock 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 Bombril SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 31.69 | |||
| Value At Risk | (4.79) | |||
| Potential Upside | 6.75 |
Bombril SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bombril SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bombril SA's standard deviation. In reality, there are many statistical measures that can use Bombril SA historical prices to predict the future Bombril SA's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | 0.3464 | |||
| Treynor Ratio | (0.53) |
Bombril SA Backtested Returns
Bombril SA secures Sharpe Ratio (or Efficiency) of -0.0252, which signifies that the company had a -0.0252 % return per unit of risk over the last 3 months. Bombril SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bombril SA's Risk Adjusted Performance of (0.04), mean deviation of 3.21, and Standard Deviation of 4.74 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bombril SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bombril SA is expected to be smaller as well. At this point, Bombril SA has a negative expected return of -0.12%. Please make sure to confirm Bombril SA's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Bombril SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.09 |
Virtually no predictability
Bombril SA has virtually no predictability. Overlapping area represents the amount of predictability between Bombril SA 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 Bombril SA price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Bombril SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Bombril SA lagged returns against current returns
Autocorrelation, which is Bombril SA preferred stock'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 Bombril SA's preferred stock expected returns. We can calculate the autocorrelation of Bombril SA returns to help us make a trade decision. For example, suppose you find that Bombril SA has exhibited high autocorrelation historically, and you observe that the preferred stock 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 |
Bombril SA 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 Bombril SA preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bombril SA preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bombril SA preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Bombril SA Lagged Returns
When evaluating Bombril SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bombril SA preferred stock have on its future price. Bombril SA 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, Bombril SA autocorrelation shows the relationship between Bombril SA preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Bombril SA.
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.Additional Tools for Bombril Preferred Stock Analysis
When running Bombril SA's price analysis, check to measure Bombril SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bombril SA is operating at the current time. Most of Bombril SA's value examination focuses on studying past and present price action to predict the probability of Bombril SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bombril SA's price. Additionally, you may evaluate how the addition of Bombril SA to your portfolios can decrease your overall portfolio volatility.