Banco Pine (Brazil) Market Value
| PINE4 Preferred Stock | BRL 4.41 0.11 2.56% |
| Symbol | Banco |
Banco Pine '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 Banco Pine's preferred 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 Banco Pine.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Banco Pine on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Banco Pine SA or generate 0.0% return on investment in Banco Pine over 30 days. Banco Pine is related to or competes with Datadog,, METISA Metalrgica, Costco Wholesale, Verizon Communications, Nordon Indstrias, Metalurgica Gerdau, and T Mobile. Banco Pine S.A. provides wholesale banking products and services More
Banco Pine 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 Banco Pine's preferred 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 Banco Pine SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.99 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 3.14 |
Banco Pine Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banco Pine's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banco Pine's standard deviation. In reality, there are many statistical measures that can use Banco Pine historical prices to predict the future Banco Pine's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.28) |
Banco Pine SA Backtested Returns
Banco Pine SA secures Sharpe Ratio (or Efficiency) of -0.0224, which signifies that the company had a -0.0224 % return per unit of risk over the last 3 months. Banco Pine SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Banco Pine's Mean Deviation of 1.6, standard deviation of 2.06, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.32, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Banco Pine's returns are expected to increase less than the market. However, during the bear market, the loss of holding Banco Pine is expected to be smaller as well. At this point, Banco Pine SA has a negative expected return of -0.0472%. Please make sure to confirm Banco Pine's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Banco Pine SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.11 |
Insignificant predictability
Banco Pine SA has insignificant predictability. Overlapping area represents the amount of predictability between Banco Pine time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd 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 Banco Pine SA price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Banco Pine price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Banco Pine SA lagged returns against current returns
Autocorrelation, which is Banco Pine preferred 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 Banco Pine's preferred stock expected returns. We can calculate the autocorrelation of Banco Pine returns to help us make a trade decision. For example, suppose you find that Banco Pine has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Banco Pine 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 Banco Pine preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banco Pine preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banco Pine preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Banco Pine Lagged Returns
When evaluating Banco Pine's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banco Pine preferred stock have on its future price. Banco Pine 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, Banco Pine autocorrelation shows the relationship between Banco Pine preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Banco Pine SA.
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 Banco Preferred Stock Analysis
When running Banco Pine's price analysis, check to measure Banco Pine'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 Banco Pine is operating at the current time. Most of Banco Pine's value examination focuses on studying past and present price action to predict the probability of Banco Pine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banco Pine's price. Additionally, you may evaluate how the addition of Banco Pine to your portfolios can decrease your overall portfolio volatility.