Manufatura (Brazil) Market Value
| ESTR3 Stock | BRL 7.60 0.00 0.00% |
| Symbol | Manufatura |
Manufatura '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 Manufatura'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 Manufatura.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Manufatura on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Manufatura de Brinquedos or generate 0.0% return on investment in Manufatura over 90 days. Manufatura is related to or competes with UnitedHealth Group, and CM Hospitalar. Manufatura de Brinquedos Estrela S.A. manufactures and sells toys in Brazil and internationally More
Manufatura 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 Manufatura'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 Manufatura de Brinquedos upside and downside potential and time the market with a certain degree of confidence.
Manufatura Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Manufatura's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Manufatura's standard deviation. In reality, there are many statistical measures that can use Manufatura historical prices to predict the future Manufatura's volatility.Manufatura de Brinquedos Backtested Returns
We have found three technical indicators for Manufatura, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Manufatura are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Manufatura de Brinquedos has perfect predictability. Overlapping area represents the amount of predictability between Manufatura 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 Manufatura de Brinquedos price movement. The serial correlation of 1.0 indicates that 100.0% of current Manufatura price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Manufatura de Brinquedos lagged returns against current returns
Autocorrelation, which is Manufatura 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 Manufatura's stock expected returns. We can calculate the autocorrelation of Manufatura returns to help us make a trade decision. For example, suppose you find that Manufatura 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 |
Manufatura 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 Manufatura stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Manufatura stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Manufatura stock over time.
Current vs Lagged Prices |
| Timeline |
Manufatura Lagged Returns
When evaluating Manufatura's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Manufatura stock have on its future price. Manufatura 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, Manufatura autocorrelation shows the relationship between Manufatura stock current value and its past values and can show if there is a momentum factor associated with investing in Manufatura de Brinquedos.
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 Manufatura Stock Analysis
When running Manufatura's price analysis, check to measure Manufatura'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 Manufatura is operating at the current time. Most of Manufatura's value examination focuses on studying past and present price action to predict the probability of Manufatura's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manufatura's price. Additionally, you may evaluate how the addition of Manufatura to your portfolios can decrease your overall portfolio volatility.