Jbfo Fof (Brazil) Market Value
| JBFO11 Fund | 82.01 11.73 16.69% |
| Symbol | Jbfo |
Jbfo Fof '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 Jbfo Fof'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 Jbfo Fof.
| 11/20/2024 |
| 12/20/2024 |
If you would invest 0.00 in Jbfo Fof on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding Jbfo Fof Fundo or generate 0.0% return on investment in Jbfo Fof over 30 days.
Jbfo Fof 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 Jbfo Fof'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 Jbfo Fof Fundo upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1068 | |||
| Maximum Drawdown | 16.69 |
Jbfo Fof Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jbfo Fof's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jbfo Fof's standard deviation. In reality, there are many statistical measures that can use Jbfo Fof historical prices to predict the future Jbfo Fof's volatility.| Risk Adjusted Performance | 0.1039 | |||
| Jensen Alpha | 0.2453 | |||
| Total Risk Alpha | 0.1823 | |||
| Treynor Ratio | (2.31) |
Jbfo Fof Fundo Backtested Returns
Jbfo Fof appears to be very steady, given 3 months investment horizon. Jbfo Fof Fundo holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty technical indicators for Jbfo Fof Fundo, which you can use to evaluate the volatility of the entity. Please utilize Jbfo Fof's Standard Deviation of 2.05, risk adjusted performance of 0.1039, and Market Risk Adjusted Performance of (2.30) to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of -0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jbfo Fof are expected to decrease at a much lower rate. During the bear market, Jbfo Fof is likely to outperform the market.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 27.29 |
Jbfo Fof Fundo lagged returns against current returns
Autocorrelation, which is Jbfo Fof 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 Jbfo Fof's fund expected returns. We can calculate the autocorrelation of Jbfo Fof returns to help us make a trade decision. For example, suppose you find that Jbfo Fof 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 |
Jbfo Fof 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 Jbfo Fof fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jbfo Fof fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jbfo Fof fund over time.
Current vs Lagged Prices |
| Timeline |
Jbfo Fof Lagged Returns
When evaluating Jbfo Fof's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jbfo Fof fund have on its future price. Jbfo Fof 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, Jbfo Fof autocorrelation shows the relationship between Jbfo Fof fund current value and its past values and can show if there is a momentum factor associated with investing in Jbfo Fof Fundo.
Regressed Prices |
| Timeline |
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