Btsp II (Brazil) Market Value
| BTSI11 Fund | 111.60 0.00 0.00% |
| Symbol | Btsp |
Btsp II '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 Btsp II'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 Btsp II.
| 12/09/2024 |
| 01/08/2025 |
If you would invest 0.00 in Btsp II on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Btsp II Fundo or generate 0.0% return on investment in Btsp II over 30 days.
Btsp II 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 Btsp II'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 Btsp II Fundo upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0065 | |||
| Maximum Drawdown | 1.34 |
Btsp II Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Btsp II's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Btsp II's standard deviation. In reality, there are many statistical measures that can use Btsp II historical prices to predict the future Btsp II's volatility.| Risk Adjusted Performance | 0.0129 | |||
| Jensen Alpha | 7.0E-4 | |||
| Total Risk Alpha | 8.0E-4 | |||
| Treynor Ratio | 0.0529 |
Btsp II Fundo Backtested Returns
At this point, Btsp II is very steady. Btsp II Fundo secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Btsp II Fundo, which you can use to evaluate the volatility of the entity. Please confirm Btsp II's Risk Adjusted Performance of 0.0129, mean deviation of 0.0607, and Standard Deviation of 0.1864 to double-check if the risk estimate we provide is consistent with the expected return of 0.0236%. The fund shows a Beta (market volatility) of 0.0125, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Btsp II's returns are expected to increase less than the market. However, during the bear market, the loss of holding Btsp II is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
Btsp II Fundo has no correlation between past and present. Overlapping area represents the amount of predictability between Btsp II time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th of January 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 Btsp II Fundo price movement. The serial correlation of 0.0 indicates that just 0.0% of current Btsp II price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Btsp II Fundo lagged returns against current returns
Autocorrelation, which is Btsp II 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 Btsp II's fund expected returns. We can calculate the autocorrelation of Btsp II returns to help us make a trade decision. For example, suppose you find that Btsp II 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 |
Btsp II 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 Btsp II fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Btsp II fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Btsp II fund over time.
Current vs Lagged Prices |
| Timeline |
Btsp II Lagged Returns
When evaluating Btsp II's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Btsp II fund have on its future price. Btsp II 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, Btsp II autocorrelation shows the relationship between Btsp II fund current value and its past values and can show if there is a momentum factor associated with investing in Btsp II Fundo.
Regressed Prices |
| Timeline |
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