Cia Brasileira (Brazil) Market Value
| CBAV3 Stock | 4.99 0.17 3.29% |
| Symbol | Cia |
Cia Brasileira '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 Cia Brasileira's 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 Cia Brasileira.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Cia Brasileira on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Cia Brasileira de or generate 0.0% return on investment in Cia Brasileira over 90 days.
Cia Brasileira 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 Cia Brasileira's 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 Cia Brasileira de upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 15.63 | |||
| Value At Risk | (5.11) | |||
| Potential Upside | 5.51 |
Cia Brasileira Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cia Brasileira's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cia Brasileira's standard deviation. In reality, there are many statistical measures that can use Cia Brasileira historical prices to predict the future Cia Brasileira's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | 0.042 | |||
| Treynor Ratio | 0.8327 |
Cia Brasileira de Backtested Returns
Cia Brasileira de secures Sharpe Ratio (or Efficiency) of -0.0388, which signifies that the company had a -0.0388 % return per unit of standard deviation over the last 3 months. Cia Brasileira de exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cia Brasileira's mean deviation of 2.39, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cia Brasileira are expected to decrease at a much lower rate. During the bear market, Cia Brasileira is likely to outperform the market. At this point, Cia Brasileira de has a negative expected return of -0.12%. Please make sure to confirm Cia Brasileira's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Cia Brasileira de performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.68 |
Very good reverse predictability
Cia Brasileira de has very good reverse predictability. Overlapping area represents the amount of predictability between Cia Brasileira time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Cia Brasileira de price movement. The serial correlation of -0.68 indicates that around 68.0% of current Cia Brasileira price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Cia Brasileira de lagged returns against current returns
Autocorrelation, which is Cia Brasileira 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 Cia Brasileira's stock expected returns. We can calculate the autocorrelation of Cia Brasileira returns to help us make a trade decision. For example, suppose you find that Cia Brasileira 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 |
Cia Brasileira 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 Cia Brasileira stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cia Brasileira stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cia Brasileira stock over time.
Current vs Lagged Prices |
| Timeline |
Cia Brasileira Lagged Returns
When evaluating Cia Brasileira's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cia Brasileira stock have on its future price. Cia Brasileira 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, Cia Brasileira autocorrelation shows the relationship between Cia Brasileira stock current value and its past values and can show if there is a momentum factor associated with investing in Cia Brasileira de.
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 Cia Stock Analysis
When running Cia Brasileira's price analysis, check to measure Cia Brasileira'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 Cia Brasileira is operating at the current time. Most of Cia Brasileira's value examination focuses on studying past and present price action to predict the probability of Cia Brasileira's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cia Brasileira's price. Additionally, you may evaluate how the addition of Cia Brasileira to your portfolios can decrease your overall portfolio volatility.