Mitre Realty (Brazil) Market Value
| MTRE3 Stock | BRL 3.52 0.08 2.33% |
| Symbol | Mitre |
Mitre Realty '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 Mitre Realty's stock 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 Mitre Realty.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Mitre Realty on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Mitre Realty Empreendimentos or generate 0.0% return on investment in Mitre Realty over 720 days. Mitre Realty is related to or competes with Direcional Engenharia, Lojas Quero, Eneva SA, Banco Pan, and Trisul SA. Mitre Realty Empreendimentos e Participaes S.A More
Mitre Realty 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 Mitre Realty's stock 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 Mitre Realty Empreendimentos upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 18.31 | |||
| Value At Risk | (4.08) | |||
| Potential Upside | 4.2 |
Mitre Realty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mitre Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mitre Realty's standard deviation. In reality, there are many statistical measures that can use Mitre Realty historical prices to predict the future Mitre Realty's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.54) |
Mitre Realty Empreen Backtested Returns
Mitre Realty Empreen has Sharpe Ratio of -0.0017, which conveys that the firm had a -0.0017% return per unit of risk over the last 3 months. Mitre Realty exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mitre Realty's Mean Deviation of 2.01, standard deviation of 2.79, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mitre Realty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mitre Realty is expected to be smaller as well. At this point, Mitre Realty Empreen has a negative expected return of -0.0048%. Please make sure to verify Mitre Realty's skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Mitre Realty Empreen performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.63 |
Very good reverse predictability
Mitre Realty Empreendimentos has very good reverse predictability. Overlapping area represents the amount of predictability between Mitre Realty time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Mitre Realty Empreen price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Mitre Realty price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
Mitre Realty Empreen lagged returns against current returns
Autocorrelation, which is Mitre Realty stock'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 Mitre Realty's stock expected returns. We can calculate the autocorrelation of Mitre Realty returns to help us make a trade decision. For example, suppose you find that Mitre Realty has exhibited high autocorrelation historically, and you observe that the stock 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 |
Mitre Realty 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 Mitre Realty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mitre Realty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mitre Realty stock over time.
Current vs Lagged Prices |
| Timeline |
Mitre Realty Lagged Returns
When evaluating Mitre Realty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mitre Realty stock have on its future price. Mitre Realty 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, Mitre Realty autocorrelation shows the relationship between Mitre Realty stock current value and its past values and can show if there is a momentum factor associated with investing in Mitre Realty Empreendimentos.
Regressed Prices |
| Timeline |
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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.Additional Tools for Mitre Stock Analysis
When running Mitre Realty's price analysis, check to measure Mitre Realty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mitre Realty is operating at the current time. Most of Mitre Realty's value examination focuses on studying past and present price action to predict the probability of Mitre Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitre Realty's price. Additionally, you may evaluate how the addition of Mitre Realty to your portfolios can decrease your overall portfolio volatility.