Fica Empreendimentos (Brazil) Market Value
| FIEI3 Stock | 9.56 1.44 13.09% |
| Symbol | Fica |
Fica Empreendimentos '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 Fica Empreendimentos' 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 Fica Empreendimentos.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Fica Empreendimentos on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Fica Empreendimentos Imobiliarios or generate 0.0% return on investment in Fica Empreendimentos over 360 days.
Fica Empreendimentos 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 Fica Empreendimentos' 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 Fica Empreendimentos Imobiliarios upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.43 | |||
| Information Ratio | 0.014 | |||
| Maximum Drawdown | 24.57 | |||
| Value At Risk | (7.90) | |||
| Potential Upside | 8.4 |
Fica Empreendimentos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fica Empreendimentos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fica Empreendimentos' standard deviation. In reality, there are many statistical measures that can use Fica Empreendimentos historical prices to predict the future Fica Empreendimentos' volatility.| Risk Adjusted Performance | 0.0393 | |||
| Jensen Alpha | 0.23 | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | 0.0082 | |||
| Treynor Ratio | (0.37) |
Fica Empreendimentos Backtested Returns
Fica Empreendimentos appears to be slightly risky, given 3 months investment horizon. Fica Empreendimentos secures Sharpe Ratio (or Efficiency) of 0.065, which denotes the company had a 0.065% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Fica Empreendimentos Imobiliarios, which you can use to evaluate the volatility of the firm. Please utilize Fica Empreendimentos' Mean Deviation of 2.26, downside deviation of 7.43, and Semi Deviation of 3.17 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fica Empreendimentos holds a performance score of 5. The firm shows a Beta (market volatility) of -0.48, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Fica Empreendimentos are expected to decrease at a much lower rate. During the bear market, Fica Empreendimentos is likely to outperform the market. Please check Fica Empreendimentos' downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Fica Empreendimentos' price patterns will revert.
Auto-correlation | -0.07 |
Very weak reverse predictability
Fica Empreendimentos Imobiliarios has very weak reverse predictability. Overlapping area represents the amount of predictability between Fica Empreendimentos time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fica Empreendimentos price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Fica Empreendimentos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 1.44 |
Fica Empreendimentos lagged returns against current returns
Autocorrelation, which is Fica Empreendimentos 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 Fica Empreendimentos' stock expected returns. We can calculate the autocorrelation of Fica Empreendimentos returns to help us make a trade decision. For example, suppose you find that Fica Empreendimentos 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 |
Fica Empreendimentos 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 Fica Empreendimentos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fica Empreendimentos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fica Empreendimentos stock over time.
Current vs Lagged Prices |
| Timeline |
Fica Empreendimentos Lagged Returns
When evaluating Fica Empreendimentos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fica Empreendimentos stock have on its future price. Fica Empreendimentos 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, Fica Empreendimentos autocorrelation shows the relationship between Fica Empreendimentos stock current value and its past values and can show if there is a momentum factor associated with investing in Fica Empreendimentos Imobiliarios.
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 Fica Stock Analysis
When running Fica Empreendimentos' price analysis, check to measure Fica Empreendimentos' 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 Fica Empreendimentos is operating at the current time. Most of Fica Empreendimentos' value examination focuses on studying past and present price action to predict the probability of Fica Empreendimentos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fica Empreendimentos' price. Additionally, you may evaluate how the addition of Fica Empreendimentos to your portfolios can decrease your overall portfolio volatility.