Camil Alimentos (Brazil) Market Value
| CAML3 Stock | BRL 7.16 0.17 2.43% |
| Symbol | Camil |
Camil Alimentos '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 Camil Alimentos' 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 Camil Alimentos.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Camil Alimentos on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Camil Alimentos SA or generate 0.0% return on investment in Camil Alimentos over 30 days. Camil Alimentos is related to or competes with Companhia Siderrgica, Cyrela Brazil, Fras Le, Energisa, BTG Pactual, Procter Gamble, and Companhia Paranaense. Camil Alimentos S.A., together with its subsidiaries, engages in processing, producing, packaging, distributing, and sel... More
Camil Alimentos 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 Camil Alimentos' 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 Camil Alimentos SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 8.16 | |||
| Value At Risk | (3.54) | |||
| Potential Upside | 2.62 |
Camil Alimentos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Camil Alimentos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Camil Alimentos' standard deviation. In reality, there are many statistical measures that can use Camil Alimentos historical prices to predict the future Camil Alimentos' volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | (142.80) |
Camil Alimentos SA Backtested Returns
Camil Alimentos SA secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of risk over the last 3 months. Camil Alimentos SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Camil Alimentos' Standard Deviation of 1.94, risk adjusted performance of (0.15), and Mean Deviation of 1.65 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0029, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Camil Alimentos' returns are expected to increase less than the market. However, during the bear market, the loss of holding Camil Alimentos is expected to be smaller as well. At this point, Camil Alimentos SA has a negative expected return of -0.39%. Please make sure to confirm Camil Alimentos' treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Camil Alimentos SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.15 |
Insignificant predictability
Camil Alimentos SA has insignificant predictability. Overlapping area represents the amount of predictability between Camil Alimentos 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 Camil Alimentos SA price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Camil Alimentos price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Camil Alimentos SA lagged returns against current returns
Autocorrelation, which is Camil Alimentos 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 Camil Alimentos' stock expected returns. We can calculate the autocorrelation of Camil Alimentos returns to help us make a trade decision. For example, suppose you find that Camil Alimentos has exhibited high autocorrelation historically, and you observe that the 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 |
Camil Alimentos 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 Camil Alimentos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Camil Alimentos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Camil Alimentos stock over time.
Current vs Lagged Prices |
| Timeline |
Camil Alimentos Lagged Returns
When evaluating Camil Alimentos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Camil Alimentos stock have on its future price. Camil Alimentos 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, Camil Alimentos autocorrelation shows the relationship between Camil Alimentos stock current value and its past values and can show if there is a momentum factor associated with investing in Camil Alimentos 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 Camil Stock Analysis
When running Camil Alimentos' price analysis, check to measure Camil Alimentos' 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 Camil Alimentos is operating at the current time. Most of Camil Alimentos' value examination focuses on studying past and present price action to predict the probability of Camil Alimentos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Camil Alimentos' price. Additionally, you may evaluate how the addition of Camil Alimentos to your portfolios can decrease your overall portfolio volatility.