Direcional Engenharia (Brazil) Market Value
| DIRR3 Stock | BRL 30.20 0.20 0.67% |
| Symbol | Direcional |
Direcional Engenharia '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 Direcional Engenharia'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 Direcional Engenharia.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Direcional Engenharia on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Direcional Engenharia SA or generate 0.0% return on investment in Direcional Engenharia over 90 days. Direcional Engenharia is related to or competes with Even Construtora, MRV Engenharia, Cyrela Brazil, Helbor Empreendimentos, and EZTEC Empreendimentos. Direcional Engenharia S.A. operates as a real estate development and construction company in Brazil More
Direcional Engenharia 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 Direcional Engenharia'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 Direcional Engenharia SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.76 | |||
| Information Ratio | 0.0918 | |||
| Maximum Drawdown | 11.25 | |||
| Value At Risk | (3.93) | |||
| Potential Upside | 4.26 |
Direcional Engenharia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Direcional Engenharia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Direcional Engenharia's standard deviation. In reality, there are many statistical measures that can use Direcional Engenharia historical prices to predict the future Direcional Engenharia's volatility.| Risk Adjusted Performance | 0.0517 | |||
| Jensen Alpha | 0.1978 | |||
| Total Risk Alpha | 0.4304 | |||
| Sortino Ratio | 0.0826 | |||
| Treynor Ratio | 0.1651 |
Direcional Engenharia Backtested Returns
Direcional Engenharia appears to be very steady, given 3 months investment horizon. Direcional Engenharia secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Direcional Engenharia SA, which you can use to evaluate the volatility of the firm. Please utilize Direcional Engenharia's Downside Deviation of 2.76, mean deviation of 1.89, and Coefficient Of Variation of 1923.97 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Direcional Engenharia holds a performance score of 9. The firm shows a Beta (market volatility) of 0.72, which means possible diversification benefits within a given portfolio. As returns on the market increase, Direcional Engenharia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Direcional Engenharia is expected to be smaller as well. Please check Direcional Engenharia's total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to make a quick decision on whether Direcional Engenharia's price patterns will revert.
Auto-correlation | -0.47 |
Modest reverse predictability
Direcional Engenharia SA has modest reverse predictability. Overlapping area represents the amount of predictability between Direcional Engenharia 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 Direcional Engenharia price movement. The serial correlation of -0.47 indicates that about 47.0% of current Direcional Engenharia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.67 |
Direcional Engenharia lagged returns against current returns
Autocorrelation, which is Direcional Engenharia 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 Direcional Engenharia's stock expected returns. We can calculate the autocorrelation of Direcional Engenharia returns to help us make a trade decision. For example, suppose you find that Direcional Engenharia 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 |
Direcional Engenharia 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 Direcional Engenharia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Direcional Engenharia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Direcional Engenharia stock over time.
Current vs Lagged Prices |
| Timeline |
Direcional Engenharia Lagged Returns
When evaluating Direcional Engenharia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Direcional Engenharia stock have on its future price. Direcional Engenharia 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, Direcional Engenharia autocorrelation shows the relationship between Direcional Engenharia stock current value and its past values and can show if there is a momentum factor associated with investing in Direcional Engenharia 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 Direcional Stock Analysis
When running Direcional Engenharia's price analysis, check to measure Direcional Engenharia'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 Direcional Engenharia is operating at the current time. Most of Direcional Engenharia's value examination focuses on studying past and present price action to predict the probability of Direcional Engenharia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Direcional Engenharia's price. Additionally, you may evaluate how the addition of Direcional Engenharia to your portfolios can decrease your overall portfolio volatility.