Kinea Fundo (Brazil) Market Value
| KFOF11 Fund | BRL 74.75 0.55 0.74% |
| Symbol | Kinea |
Kinea Fundo '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 Kinea Fundo'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 Kinea Fundo.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Kinea Fundo on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Kinea Fundo Fundos or generate 0.0% return on investment in Kinea Fundo over 90 days. Kinea Fundo is related to or competes with Kinea Indices, Kinea Renda, Kinea Rendimentos, and . More
Kinea Fundo 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 Kinea Fundo'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 Kinea Fundo Fundos upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.19 | |||
| Information Ratio | 0.2072 | |||
| Maximum Drawdown | 4.29 | |||
| Value At Risk | (2.05) | |||
| Potential Upside | 1.96 |
Kinea Fundo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinea Fundo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kinea Fundo's standard deviation. In reality, there are many statistical measures that can use Kinea Fundo historical prices to predict the future Kinea Fundo's volatility.| Risk Adjusted Performance | 0.1071 | |||
| Jensen Alpha | 0.116 | |||
| Total Risk Alpha | 0.2697 | |||
| Sortino Ratio | 0.1992 | |||
| Treynor Ratio | (1.26) |
Kinea Fundo Fundos Backtested Returns
At this point, Kinea Fundo is very steady. Kinea Fundo Fundos has Sharpe Ratio of 0.13, which conveys that the entity had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kinea Fundo, which you can use to evaluate the volatility of the fund. Please verify Kinea Fundo's Downside Deviation of 1.19, mean deviation of 0.9353, and Risk Adjusted Performance of 0.1071 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. The fund secures a Beta (Market Risk) of -0.1, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kinea Fundo are expected to decrease at a much lower rate. During the bear market, Kinea Fundo is likely to outperform the market.
Auto-correlation | -0.41 |
Modest reverse predictability
Kinea Fundo Fundos has modest reverse predictability. Overlapping area represents the amount of predictability between Kinea Fundo time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Kinea Fundo Fundos price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Kinea Fundo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 10.13 |
Kinea Fundo Fundos lagged returns against current returns
Autocorrelation, which is Kinea Fundo 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 Kinea Fundo's fund expected returns. We can calculate the autocorrelation of Kinea Fundo returns to help us make a trade decision. For example, suppose you find that Kinea Fundo 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 |
Kinea Fundo 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 Kinea Fundo fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kinea Fundo fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kinea Fundo fund over time.
Current vs Lagged Prices |
| Timeline |
Kinea Fundo Lagged Returns
When evaluating Kinea Fundo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kinea Fundo fund have on its future price. Kinea Fundo 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, Kinea Fundo autocorrelation shows the relationship between Kinea Fundo fund current value and its past values and can show if there is a momentum factor associated with investing in Kinea Fundo Fundos.
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 Kinea Fund
Kinea Fundo financial ratios help investors to determine whether Kinea 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 Kinea with respect to the benefits of owning Kinea Fundo security.
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