CSHG Renda (Brazil) Market Value

HGRU11 Fund   115.00  0.30  0.26%   
CSHG Renda's market value is the price at which a share of CSHG Renda trades on a public exchange. It measures the collective expectations of CSHG Renda Urbana investors about its performance. CSHG Renda is trading at 115.00 as of the 13th of March 2025, a 0.26 percent increase since the beginning of the trading day. The fund's open price was 114.7.
With this module, you can estimate the performance of a buy and hold strategy of CSHG Renda Urbana and determine expected loss or profit from investing in CSHG Renda over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol

CSHG Renda '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 CSHG Renda's fund 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 CSHG Renda.
0.00
12/13/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/13/2025
0.00
If you would invest  0.00  in CSHG Renda on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding CSHG Renda Urbana or generate 0.0% return on investment in CSHG Renda over 90 days.

CSHG Renda 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 CSHG Renda's fund 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 CSHG Renda Urbana upside and downside potential and time the market with a certain degree of confidence.

CSHG Renda Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for CSHG Renda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CSHG Renda's standard deviation. In reality, there are many statistical measures that can use CSHG Renda historical prices to predict the future CSHG Renda's volatility.

CSHG Renda Urbana Backtested Returns

At this point, CSHG Renda is very steady. CSHG Renda Urbana secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the fund had a 0.11 % return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for CSHG Renda Urbana, which you can use to evaluate the volatility of the entity. Please confirm CSHG Renda's Mean Deviation of 0.8293, risk adjusted performance of 0.0648, and Semi Deviation of 0.7611 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. The fund shows a Beta (market volatility) of 0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CSHG Renda's returns are expected to increase less than the market. However, during the bear market, the loss of holding CSHG Renda is expected to be smaller as well.

Auto-correlation

    
  0.13  

Insignificant predictability

CSHG Renda Urbana has insignificant predictability. Overlapping area represents the amount of predictability between CSHG Renda 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 CSHG Renda Urbana price movement. The serial correlation of 0.13 indicates that less than 13.0% of current CSHG Renda price fluctuation can be explain by its past prices.
Correlation Coefficient0.13
Spearman Rank Test-0.19
Residual Average0.0
Price Variance3.86

CSHG Renda Urbana lagged returns against current returns

Autocorrelation, which is CSHG Renda fund'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 CSHG Renda's fund expected returns. We can calculate the autocorrelation of CSHG Renda returns to help us make a trade decision. For example, suppose you find that CSHG Renda has exhibited high autocorrelation historically, and you observe that the fund 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  

CSHG Renda 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 CSHG Renda fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CSHG Renda fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CSHG Renda fund over time.
   Current vs Lagged Prices   
       Timeline  

CSHG Renda Lagged Returns

When evaluating CSHG Renda's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CSHG Renda fund have on its future price. CSHG Renda 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, CSHG Renda autocorrelation shows the relationship between CSHG Renda fund current value and its past values and can show if there is a momentum factor associated with investing in CSHG Renda Urbana.
   Regressed Prices   
       Timeline  

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