Fleury SA (Brazil) Market Value
| FLRY3 Stock | BRL 13.18 0.10 0.75% |
| Symbol | Fleury |
Fleury SA '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 Fleury SA'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 Fleury SA.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Fleury SA on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Fleury SA or generate 0.0% return on investment in Fleury SA over 720 days. Fleury SA is related to or competes with Engie Brasil, WEG SA, Ambev SA, and M Dias. Fleury S.A., together with its subsidiaries, provides medical services in the diagnostic, treatment, and clinical analys... More
Fleury SA 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 Fleury SA'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 Fleury SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 9.35 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 2.29 |
Fleury SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fleury SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fleury SA's standard deviation. In reality, there are many statistical measures that can use Fleury SA historical prices to predict the future Fleury SA's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | 21.25 |
Fleury SA Backtested Returns
Fleury SA secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the company had a -0.17% return per unit of risk over the last 3 months. Fleury SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fleury SA's Mean Deviation of 1.11, variance of 2.4, and Standard Deviation of 1.55 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0142, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fleury SA are expected to decrease at a much lower rate. During the bear market, Fleury SA is likely to outperform the market. At this point, Fleury SA has a negative expected return of -0.27%. Please make sure to confirm Fleury SA's standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if Fleury SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.32 |
Poor reverse predictability
Fleury SA has poor reverse predictability. Overlapping area represents the amount of predictability between Fleury SA time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Fleury SA price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Fleury SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 1.13 |
Fleury SA lagged returns against current returns
Autocorrelation, which is Fleury SA 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 Fleury SA's stock expected returns. We can calculate the autocorrelation of Fleury SA returns to help us make a trade decision. For example, suppose you find that Fleury SA 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 |
Fleury SA 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 Fleury SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fleury SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fleury SA stock over time.
Current vs Lagged Prices |
| Timeline |
Fleury SA Lagged Returns
When evaluating Fleury SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fleury SA stock have on its future price. Fleury SA 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, Fleury SA autocorrelation shows the relationship between Fleury SA stock current value and its past values and can show if there is a momentum factor associated with investing in Fleury 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 Fleury Stock Analysis
When running Fleury SA's price analysis, check to measure Fleury SA'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 Fleury SA is operating at the current time. Most of Fleury SA's value examination focuses on studying past and present price action to predict the probability of Fleury SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fleury SA's price. Additionally, you may evaluate how the addition of Fleury SA to your portfolios can decrease your overall portfolio volatility.