Ourinvest Jpp (Brazil) Market Value
| OUJP11 Fund | BRL 75.18 1.86 2.54% |
| Symbol | Ourinvest |
Ourinvest Jpp '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 Ourinvest Jpp'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 Ourinvest Jpp.
| 12/16/2024 |
| 03/16/2025 |
Ourinvest Jpp 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 Ourinvest Jpp'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 Ourinvest Jpp Fundo upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.33 | |||
| Information Ratio | 0.1459 | |||
| Maximum Drawdown | 8.39 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.68 |
Ourinvest Jpp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ourinvest Jpp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ourinvest Jpp's standard deviation. In reality, there are many statistical measures that can use Ourinvest Jpp historical prices to predict the future Ourinvest Jpp's volatility.| Risk Adjusted Performance | 0.0771 | |||
| Jensen Alpha | 0.0737 | |||
| Total Risk Alpha | 0.3209 | |||
| Sortino Ratio | 0.1741 | |||
| Treynor Ratio | (0.27) |
Ourinvest Jpp Fundo Backtested Returns
At this point, Ourinvest Jpp is very steady. Ourinvest Jpp Fundo maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the entity had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ourinvest Jpp Fundo, which you can use to evaluate the volatility of the fund. Please check Ourinvest Jpp's Risk Adjusted Performance of 0.0771, coefficient of variation of 1198.96, and Semi Deviation of 1.22 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. The fund holds a Beta of -0.45, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ourinvest Jpp are expected to decrease at a much lower rate. During the bear market, Ourinvest Jpp is likely to outperform the market.
Auto-correlation | -0.31 |
Poor reverse predictability
Ourinvest Jpp Fundo has poor reverse predictability. Overlapping area represents the amount of predictability between Ourinvest Jpp 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 Ourinvest Jpp Fundo price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Ourinvest Jpp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 8.43 |
Ourinvest Jpp Fundo lagged returns against current returns
Autocorrelation, which is Ourinvest Jpp 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 Ourinvest Jpp's fund expected returns. We can calculate the autocorrelation of Ourinvest Jpp returns to help us make a trade decision. For example, suppose you find that Ourinvest Jpp 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 |
Ourinvest Jpp 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 Ourinvest Jpp fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ourinvest Jpp fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ourinvest Jpp fund over time.
Current vs Lagged Prices |
| Timeline |
Ourinvest Jpp Lagged Returns
When evaluating Ourinvest Jpp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ourinvest Jpp fund have on its future price. Ourinvest Jpp 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, Ourinvest Jpp autocorrelation shows the relationship between Ourinvest Jpp fund current value and its past values and can show if there is a momentum factor associated with investing in Ourinvest Jpp 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 Ourinvest Fund
Ourinvest Jpp financial ratios help investors to determine whether Ourinvest 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 Ourinvest with respect to the benefits of owning Ourinvest Jpp security.
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