Hsi Renda (Brazil) Market Value
| HSRE11 Fund | BRL 101.84 0.04 0.04% |
| Symbol | Hsi |
Please note, there is a significant difference between Hsi Renda's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hsi Renda is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hsi Renda's 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 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 Hsi 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 Hsi Renda.
| 12/09/2024 |
| 01/08/2025 |
Hsi 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 Hsi 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 Hsi Renda Imobiliario upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.57 | |||
| Information Ratio | 0.1213 | |||
| Maximum Drawdown | 6.95 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 2.02 |
Hsi Renda Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hsi Renda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hsi Renda's standard deviation. In reality, there are many statistical measures that can use Hsi Renda historical prices to predict the future Hsi Renda's volatility.| Risk Adjusted Performance | 0.1214 | |||
| Jensen Alpha | 0.1481 | |||
| Total Risk Alpha | 0.1278 | |||
| Sortino Ratio | 0.0856 | |||
| Treynor Ratio | 0.6167 |
Hsi Renda Imobiliario Backtested Returns
At this point, Hsi Renda is very steady. Hsi Renda Imobiliario holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hsi Renda Imobiliario, which you can use to evaluate the volatility of the entity. Please check out Hsi Renda's Market Risk Adjusted Performance of 0.6267, downside deviation of 1.57, and Risk Adjusted Performance of 0.1214 to validate if the risk estimate we provide is consistent with the expected return of 0.16%. The fund retains a Market Volatility (i.e., Beta) of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hsi Renda's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hsi Renda is expected to be smaller as well.
Auto-correlation | 0.08 |
Virtually no predictability
Hsi Renda Imobiliario has virtually no predictability. Overlapping area represents the amount of predictability between Hsi Renda time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th 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 Renda Imobiliario price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Hsi Renda price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.5 |
Hsi Renda Imobiliario lagged returns against current returns
Autocorrelation, which is Hsi 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 Hsi Renda's fund expected returns. We can calculate the autocorrelation of Hsi Renda returns to help us make a trade decision. For example, suppose you find that Hsi 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 |
Hsi 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 Hsi Renda fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hsi Renda fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hsi Renda fund over time.
Current vs Lagged Prices |
| Timeline |
Hsi Renda Lagged Returns
When evaluating Hsi Renda's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hsi Renda fund have on its future price. Hsi 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, Hsi Renda autocorrelation shows the relationship between Hsi Renda fund current value and its past values and can show if there is a momentum factor associated with investing in Hsi Renda Imobiliario.
Regressed Prices |
| Timeline |
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Other Information on Investing in Hsi Fund
Hsi Renda 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 Renda security.
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