Mxima Renda (Brazil) Market Value
| CARE11 Fund | BRL 1.38 0.05 3.76% |
| Symbol | Mxima |
Mxima Renda '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 Mxima Renda'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 Mxima Renda.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Mxima Renda on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Mxima Renda Corporativa or generate 0.0% return on investment in Mxima Renda over 90 days. Mxima Renda is related to or competes with BTG Pactual. Maxima Renda Corporativa Fundo Invest Imobiliario-Cotas Fund specializes in real estate investments More
Mxima Renda 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 Mxima Renda'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 Mxima Renda Corporativa upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.03 | |||
| Information Ratio | 0.0726 | |||
| Maximum Drawdown | 20.51 | |||
| Value At Risk | (5.38) | |||
| Potential Upside | 6.4 |
Mxima Renda Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mxima Renda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mxima Renda's standard deviation. In reality, there are many statistical measures that can use Mxima Renda historical prices to predict the future Mxima Renda's volatility.| Risk Adjusted Performance | 0.0403 | |||
| Jensen Alpha | 0.1599 | |||
| Total Risk Alpha | 0.6623 | |||
| Sortino Ratio | 0.084 | |||
| Treynor Ratio | 0.5051 |
Mxima Renda Corporativa Backtested Returns
At this point, Mxima Renda is dangerous. Mxima Renda Corporativa has Sharpe Ratio of 0.0381, which conveys that the entity had a 0.0381 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mxima Renda, which you can use to evaluate the volatility of the fund. Please verify Mxima Renda's Mean Deviation of 2.5, downside deviation of 3.03, and Risk Adjusted Performance of 0.0403 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. The fund secures a Beta (Market Risk) of 0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mxima Renda's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mxima Renda is expected to be smaller as well.
Auto-correlation | -0.3 |
Weak reverse predictability
Mxima Renda Corporativa has weak reverse predictability. Overlapping area represents the amount of predictability between Mxima Renda time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Mxima Renda Corporativa price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Mxima Renda price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mxima Renda Corporativa lagged returns against current returns
Autocorrelation, which is Mxima Renda 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 Mxima Renda's fund expected returns. We can calculate the autocorrelation of Mxima Renda returns to help us make a trade decision. For example, suppose you find that Mxima Renda 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 |
Mxima Renda 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 Mxima Renda fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mxima Renda fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mxima Renda fund over time.
Current vs Lagged Prices |
| Timeline |
Mxima Renda Lagged Returns
When evaluating Mxima Renda's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mxima Renda fund have on its future price. Mxima Renda 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, Mxima Renda autocorrelation shows the relationship between Mxima Renda fund current value and its past values and can show if there is a momentum factor associated with investing in Mxima Renda Corporativa.
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.Other Information on Investing in Mxima Fund
Mxima Renda financial ratios help investors to determine whether Mxima Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mxima with respect to the benefits of owning Mxima Renda security.
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