Banco Alfa (Brazil) Market Value
| BRIV4 Preferred Stock | BRL 12.54 0.00 0.00% |
| Symbol | Banco |
Banco Alfa '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 Banco Alfa'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 Banco Alfa.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Banco Alfa on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Banco Alfa de or generate 0.0% return on investment in Banco Alfa over 30 days. Banco Alfa is related to or competes with Banco Do, Petrleo Brasileiro, and BB Seguridade. Banco Alfa de Investimento S.A. provides private banking, treasury, wealth management, advisory, and investment services... More
Banco Alfa 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 Banco Alfa'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 Banco Alfa de upside and downside potential and time the market with a certain degree of confidence.
Banco Alfa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banco Alfa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banco Alfa's standard deviation. In reality, there are many statistical measures that can use Banco Alfa historical prices to predict the future Banco Alfa's volatility.Banco Alfa de Backtested Returns
We have found three technical indicators for Banco Alfa de, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Banco Alfa are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Banco Alfa de has perfect predictability. Overlapping area represents the amount of predictability between Banco Alfa time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Banco Alfa de price movement. The serial correlation of 1.0 indicates that 100.0% of current Banco Alfa price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Banco Alfa de lagged returns against current returns
Autocorrelation, which is Banco Alfa 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 Banco Alfa's preferred stock expected returns. We can calculate the autocorrelation of Banco Alfa returns to help us make a trade decision. For example, suppose you find that Banco Alfa 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 |
Banco Alfa 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 Banco Alfa preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banco Alfa preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banco Alfa preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Banco Alfa Lagged Returns
When evaluating Banco Alfa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banco Alfa preferred stock have on its future price. Banco Alfa 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, Banco Alfa autocorrelation shows the relationship between Banco Alfa preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Banco Alfa de.
Regressed Prices |
| Timeline |
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.Additional Tools for Banco Preferred Stock Analysis
When running Banco Alfa's price analysis, check to measure Banco Alfa'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 Banco Alfa is operating at the current time. Most of Banco Alfa's value examination focuses on studying past and present price action to predict the probability of Banco Alfa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banco Alfa's price. Additionally, you may evaluate how the addition of Banco Alfa to your portfolios can decrease your overall portfolio volatility.