Cia De (Brazil) Market Value
| FESA3 Stock | BRL 12.00 0.20 1.69% |
| Symbol | Cia |
Cia De '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 De'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 De.
| 03/07/2024 |
| 03/02/2025 |
If you would invest 0.00 in Cia De on March 7, 2024 and sell it all today you would earn a total of 0.00 from holding Cia de Ferro or generate 0.0% return on investment in Cia De over 360 days. Cia De is related to or competes with Cia De, Metalurgica Gerdau, Unipar Carbocloro, Fras Le, and Bradespar. Cia de Ferro Ligas da Bahia - FERBASA manufactures and sells ferroalloys, ferrochrome, and ferrosilicon in Brazil More
Cia De 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 De'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 de Ferro upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.44 | |||
| Information Ratio | 0.0259 | |||
| Maximum Drawdown | 21.93 | |||
| Value At Risk | (4.84) | |||
| Potential Upside | 8.59 |
Cia De Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cia De's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cia De's standard deviation. In reality, there are many statistical measures that can use Cia De historical prices to predict the future Cia De's volatility.| Risk Adjusted Performance | 0.0243 | |||
| Jensen Alpha | 0.059 | |||
| Total Risk Alpha | 0.178 | |||
| Sortino Ratio | 0.0205 | |||
| Treynor Ratio | (0.17) |
Cia de Ferro Backtested Returns
Currently, Cia de Ferro is somewhat reliable. Cia de Ferro secures Sharpe Ratio (or Efficiency) of 0.0335, which signifies that the company had a 0.0335 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Cia de Ferro, which you can use to evaluate the volatility of the firm. Please confirm Cia De's mean deviation of 1.93, and Risk Adjusted Performance of 0.0243 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. Cia De has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cia De are expected to decrease at a much lower rate. During the bear market, Cia De is likely to outperform the market. Cia de Ferro right now shows a risk of 3.63%. Please confirm Cia de Ferro semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Cia de Ferro will be following its price patterns.
Auto-correlation | -0.33 |
Poor reverse predictability
Cia de Ferro has poor reverse predictability. Overlapping area represents the amount of predictability between Cia De time series from 7th of March 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 de Ferro price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Cia De price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
Cia de Ferro lagged returns against current returns
Autocorrelation, which is Cia De 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 De's stock expected returns. We can calculate the autocorrelation of Cia De returns to help us make a trade decision. For example, suppose you find that Cia De 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 De 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 De stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cia De stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cia De stock over time.
Current vs Lagged Prices |
| Timeline |
Cia De Lagged Returns
When evaluating Cia De's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cia De stock have on its future price. Cia De 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 De autocorrelation shows the relationship between Cia De stock current value and its past values and can show if there is a momentum factor associated with investing in Cia de Ferro.
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 De's price analysis, check to measure Cia De'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 De is operating at the current time. Most of Cia De's value examination focuses on studying past and present price action to predict the probability of Cia De'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 De's price. Additionally, you may evaluate how the addition of Cia De to your portfolios can decrease your overall portfolio volatility.