Hsi Ativos (Brazil) Market Value
| HSAF11 Fund | BRL 74.61 0.61 0.81% |
| Symbol | Hsi |
Please note, there is a significant difference between Hsi Ativos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hsi Ativos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hsi Ativos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Hsi Ativos '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 Hsi Ativos' 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 Hsi Ativos.
| 10/26/2024 |
| 01/24/2025 |
Hsi Ativos 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 Hsi Ativos' 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 Hsi Ativos Financeiros upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.49 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 9.27 | |||
| Value At Risk | (4.15) | |||
| Potential Upside | 3.06 |
Hsi Ativos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hsi Ativos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hsi Ativos' standard deviation. In reality, there are many statistical measures that can use Hsi Ativos historical prices to predict the future Hsi Ativos' volatility.| Risk Adjusted Performance | 0.0156 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.033 |
Hsi Ativos Financeiros Backtested Returns
At this point, Hsi Ativos is very steady. Hsi Ativos Financeiros holds Efficiency (Sharpe) Ratio of 0.0115, which attests that the entity had a 0.0115 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Hsi Ativos Financeiros, which you can use to evaluate the volatility of the entity. Please check out Hsi Ativos' Risk Adjusted Performance of 0.0156, market risk adjusted performance of 0.043, and Downside Deviation of 2.49 to validate if the risk estimate we provide is consistent with the expected return of 0.0236%. The fund retains a Market Volatility (i.e., Beta) of 0.41, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hsi Ativos' returns are expected to increase less than the market. However, during the bear market, the loss of holding Hsi Ativos is expected to be smaller as well.
Auto-correlation | -0.43 |
Modest reverse predictability
Hsi Ativos Financeiros has modest reverse predictability. Overlapping area represents the amount of predictability between Hsi Ativos time series from 26th of October 2024 to 10th of December 2024 and 10th of December 2024 to 24th of January 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 Hsi Ativos Financeiros price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Hsi Ativos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 21.51 |
Hsi Ativos Financeiros lagged returns against current returns
Autocorrelation, which is Hsi Ativos 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 Hsi Ativos' fund expected returns. We can calculate the autocorrelation of Hsi Ativos returns to help us make a trade decision. For example, suppose you find that Hsi Ativos 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 |
Hsi Ativos 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 Hsi Ativos fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hsi Ativos fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hsi Ativos fund over time.
Current vs Lagged Prices |
| Timeline |
Hsi Ativos Lagged Returns
When evaluating Hsi Ativos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hsi Ativos fund have on its future price. Hsi Ativos 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, Hsi Ativos autocorrelation shows the relationship between Hsi Ativos fund current value and its past values and can show if there is a momentum factor associated with investing in Hsi Ativos Financeiros.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Hsi Fund
Hsi Ativos financial ratios help investors to determine whether Hsi Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hsi with respect to the benefits of owning Hsi Ativos security.
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