Patria Investments' market value is the price at which a share of Patria Investments trades on a public exchange. It measures the collective expectations of Patria Investments Limited investors about its performance. Patria Investments is trading at 35.88 as of the 4th of January 2025, a No Change since the beginning of the trading day. The stock's open price was 35.88. With this module, you can estimate the performance of a buy and hold strategy of Patria Investments Limited and determine expected loss or profit from investing in Patria Investments over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
Patria
Patria Investments '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 Patria Investments' 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 Patria Investments.
0.00
11/05/2024
No Change 0.00
0.0
In 2 months and 2 days
01/04/2025
0.00
If you would invest 0.00 in Patria Investments on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Patria Investments Limited or generate 0.0% return on investment in Patria Investments over 60 days.
Patria Investments 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 Patria Investments' 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 Patria Investments Limited upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Patria Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Patria Investments' standard deviation. In reality, there are many statistical measures that can use Patria Investments historical prices to predict the future Patria Investments' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Patria Investments. Your research has to be compared to or analyzed against Patria Investments' peers to derive any actionable benefits. When done correctly, Patria Investments' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Patria Investments.
Patria Investments Backtested Returns
Patria Investments appears to be very steady, given 3 months investment horizon. Patria Investments maintains Sharpe Ratio (i.e., Efficiency) of 0.22, which implies the firm had a 0.22% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Patria Investments, which you can use to evaluate the volatility of the company. Please evaluate Patria Investments' Semi Deviation of 0.7955, risk adjusted performance of 0.1308, and Coefficient Of Variation of 643.45 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Patria Investments holds a performance score of 17. The company holds a Beta of -0.0996, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Patria Investments are expected to decrease at a much lower rate. During the bear market, Patria Investments is likely to outperform the market. Please check Patria Investments' value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Patria Investments' historical price patterns will revert.
Auto-correlation
-0.38
Poor reverse predictability
Patria Investments Limited has poor reverse predictability. Overlapping area represents the amount of predictability between Patria Investments time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 Patria Investments price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Patria Investments price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.38
Spearman Rank Test
-0.57
Residual Average
0.0
Price Variance
0.98
Patria Investments lagged returns against current returns
Autocorrelation, which is Patria Investments 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 Patria Investments' stock expected returns. We can calculate the autocorrelation of Patria Investments returns to help us make a trade decision. For example, suppose you find that Patria Investments 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
Patria Investments 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 Patria Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Patria Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Patria Investments stock over time.
Current vs Lagged Prices
Timeline
Patria Investments Lagged Returns
When evaluating Patria Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Patria Investments stock have on its future price. Patria Investments 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, Patria Investments autocorrelation shows the relationship between Patria Investments stock current value and its past values and can show if there is a momentum factor associated with investing in Patria Investments Limited.
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.