Companhia's market value is the price at which a share of Companhia trades on a public exchange. It measures the collective expectations of Companhia de Fiacao investors about its performance. Companhia is selling for under 30.50 as of the 11th of January 2025; that is No Change since the beginning of the trading day. The stock's lowest day price was 30.5. With this module, you can estimate the performance of a buy and hold strategy of Companhia de Fiacao and determine expected loss or profit from investing in Companhia over a given investment horizon. Check out Companhia Correlation, Companhia Volatility and Companhia Alpha and Beta module to complement your research on Companhia.
Please note, there is a significant difference between Companhia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Companhia '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 Companhia'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 Companhia.
0.00
12/12/2024
No Change 0.00
0.0
In 30 days
01/11/2025
0.00
If you would invest 0.00 in Companhia on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding Companhia de Fiacao or generate 0.0% return on investment in Companhia over 30 days. Companhia is related to or competes with Pettenati, Companhia, Companhia, Karsten SA, Karsten SA, Dhler SA, and Springs Global. Companhia de Fiao e Tecidos Cedro e Cachoeira S.A More
Companhia 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 Companhia'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 Companhia de Fiacao upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Companhia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Companhia's standard deviation. In reality, there are many statistical measures that can use Companhia historical prices to predict the future Companhia's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Companhia. Your research has to be compared to or analyzed against Companhia's peers to derive any actionable benefits. When done correctly, Companhia's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Companhia de Fiacao.
Companhia de Fiacao Backtested Returns
Companhia appears to be not too volatile, given 3 months investment horizon. Companhia de Fiacao secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. By analyzing Companhia's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please makes use of Companhia's Downside Deviation of 5.52, mean deviation of 2.05, and Risk Adjusted Performance of 0.1109 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Companhia holds a performance score of 12. The firm shows a Beta (market volatility) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Companhia are expected to decrease at a much lower rate. During the bear market, Companhia is likely to outperform the market. Please check Companhia's jensen alpha, sortino ratio, and the relationship between the information ratio and total risk alpha , to make a quick decision on whether Companhia's price patterns will revert.
Auto-correlation
0.21
Weak predictability
Companhia de Fiacao has weak predictability. Overlapping area represents the amount of predictability between Companhia time series from 12th of December 2024 to 27th of December 2024 and 27th of December 2024 to 11th 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 Companhia de Fiacao price movement. The serial correlation of 0.21 indicates that over 21.0% of current Companhia price fluctuation can be explain by its past prices.
Correlation Coefficient
0.21
Spearman Rank Test
0.75
Residual Average
0.0
Price Variance
0.02
Companhia de Fiacao lagged returns against current returns
Autocorrelation, which is Companhia 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 Companhia's stock expected returns. We can calculate the autocorrelation of Companhia returns to help us make a trade decision. For example, suppose you find that Companhia 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
Companhia 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 Companhia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Companhia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Companhia stock over time.
Current vs Lagged Prices
Timeline
Companhia Lagged Returns
When evaluating Companhia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Companhia stock have on its future price. Companhia 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, Companhia autocorrelation shows the relationship between Companhia stock current value and its past values and can show if there is a momentum factor associated with investing in Companhia de Fiacao.
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.
When running Companhia's price analysis, check to measure Companhia'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 Companhia is operating at the current time. Most of Companhia's value examination focuses on studying past and present price action to predict the probability of Companhia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhia's price. Additionally, you may evaluate how the addition of Companhia to your portfolios can decrease your overall portfolio volatility.