JFL Living (Brazil) Market Value
| JFLL11 Fund | BRL 72.48 0.46 0.64% |
| Symbol | JFL |
Please note, there is a significant difference between JFL Living's value and its price as these two are different measures arrived at by different means. Investors typically determine if JFL Living is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JFL Living'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.
JFL Living '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 JFL Living'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 JFL Living.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in JFL Living on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding JFL Living Fundo or generate 0.0% return on investment in JFL Living over 30 days. JFL Living is related to or competes with BTG Pactual, Plano Plano, Companhia Habitasul, Telefonaktiebolaget, Cable One, British American, and Suzano SA. More
JFL Living 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 JFL Living'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 JFL Living Fundo upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9319 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 6.4 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 1.5 |
JFL Living Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JFL Living's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JFL Living's standard deviation. In reality, there are many statistical measures that can use JFL Living historical prices to predict the future JFL Living's volatility.| Risk Adjusted Performance | 0.0736 | |||
| Jensen Alpha | 0.0797 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 1.75 |
JFL Living Fundo Backtested Returns
At this point, JFL Living is very steady. JFL Living Fundo holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for JFL Living Fundo, which you can use to evaluate the volatility of the entity. Please check out JFL Living's risk adjusted performance of 0.0736, and Market Risk Adjusted Performance of 1.76 to validate if the risk estimate we provide is consistent with the expected return of 0.1%. The fund retains a Market Volatility (i.e., Beta) of 0.0488, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JFL Living's returns are expected to increase less than the market. However, during the bear market, the loss of holding JFL Living is expected to be smaller as well.
Auto-correlation | -0.15 |
Insignificant reverse predictability
JFL Living Fundo has insignificant reverse predictability. Overlapping area represents the amount of predictability between JFL Living time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 JFL Living Fundo price movement. The serial correlation of -0.15 indicates that less than 15.0% of current JFL Living price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
JFL Living Fundo lagged returns against current returns
Autocorrelation, which is JFL Living 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 JFL Living's fund expected returns. We can calculate the autocorrelation of JFL Living returns to help us make a trade decision. For example, suppose you find that JFL Living 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 |
JFL Living 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 JFL Living fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JFL Living fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JFL Living fund over time.
Current vs Lagged Prices |
| Timeline |
JFL Living Lagged Returns
When evaluating JFL Living's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JFL Living fund have on its future price. JFL Living 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, JFL Living autocorrelation shows the relationship between JFL Living fund current value and its past values and can show if there is a momentum factor associated with investing in JFL Living Fundo.
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 JFL Fund
JFL Living financial ratios help investors to determine whether JFL 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 JFL with respect to the benefits of owning JFL Living security.
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