Empresa Metropolitana (Brazil) Market Value
| EMAE4 Preferred Stock | BRL 41.40 0.99 2.34% |
| Symbol | Empresa |
Empresa Metropolitana '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 Empresa Metropolitana's preferred 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 Empresa Metropolitana.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Empresa Metropolitana on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Empresa Metropolitana de or generate 0.0% return on investment in Empresa Metropolitana over 90 days. Empresa Metropolitana is related to or competes with Companhia Energtica, Companhia, Companhia Paranaense, and Companhia. Empresa Metropolitana de guas e Energia S.A More
Empresa Metropolitana 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 Empresa Metropolitana's preferred 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 Empresa Metropolitana de upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.32 | |||
| Information Ratio | 0.0728 | |||
| Maximum Drawdown | 19.33 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 3.68 |
Empresa Metropolitana Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Empresa Metropolitana's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Empresa Metropolitana's standard deviation. In reality, there are many statistical measures that can use Empresa Metropolitana historical prices to predict the future Empresa Metropolitana's volatility.| Risk Adjusted Performance | 0.038 | |||
| Jensen Alpha | 0.0871 | |||
| Total Risk Alpha | 0.4214 | |||
| Sortino Ratio | 0.0842 | |||
| Treynor Ratio | 8.77 |
Empresa Metropolitana Backtested Returns
Currently, Empresa Metropolitana de is very steady. Empresa Metropolitana secures Sharpe Ratio (or Efficiency) of 0.0492, which denotes the company had a 0.0492 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Empresa Metropolitana de, which you can use to evaluate the volatility of the firm. Please confirm Empresa Metropolitana's Coefficient Of Variation of 2789.56, mean deviation of 1.63, and Downside Deviation of 2.32 to check if the risk estimate we provide is consistent with the expected return of 0.14%. Empresa Metropolitana has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0098, which means not very significant fluctuations relative to the market. As returns on the market increase, Empresa Metropolitana's returns are expected to increase less than the market. However, during the bear market, the loss of holding Empresa Metropolitana is expected to be smaller as well. Empresa Metropolitana right now shows a risk of 2.82%. Please confirm Empresa Metropolitana jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Empresa Metropolitana will be following its price patterns.
Auto-correlation | -0.24 |
Weak reverse predictability
Empresa Metropolitana de has weak reverse predictability. Overlapping area represents the amount of predictability between Empresa Metropolitana 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 Empresa Metropolitana price movement. The serial correlation of -0.24 indicates that over 24.0% of current Empresa Metropolitana price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.96 |
Empresa Metropolitana lagged returns against current returns
Autocorrelation, which is Empresa Metropolitana preferred 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 Empresa Metropolitana's preferred stock expected returns. We can calculate the autocorrelation of Empresa Metropolitana returns to help us make a trade decision. For example, suppose you find that Empresa Metropolitana has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Empresa Metropolitana 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 Empresa Metropolitana preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Empresa Metropolitana preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Empresa Metropolitana preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Empresa Metropolitana Lagged Returns
When evaluating Empresa Metropolitana's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Empresa Metropolitana preferred stock have on its future price. Empresa Metropolitana 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, Empresa Metropolitana autocorrelation shows the relationship between Empresa Metropolitana preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Empresa Metropolitana 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 Empresa Preferred Stock Analysis
When running Empresa Metropolitana's price analysis, check to measure Empresa Metropolitana'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 Empresa Metropolitana is operating at the current time. Most of Empresa Metropolitana's value examination focuses on studying past and present price action to predict the probability of Empresa Metropolitana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Empresa Metropolitana's price. Additionally, you may evaluate how the addition of Empresa Metropolitana to your portfolios can decrease your overall portfolio volatility.