Irani Papel (Brazil) Market Value
| RANI3 Stock | BRL 7.55 0.05 0.67% |
| Symbol | Irani |
Irani Papel '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 Irani Papel'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 Irani Papel.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Irani Papel on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Irani Papel e or generate 0.0% return on investment in Irani Papel over 30 days. Irani Papel is related to or competes with BrasilAgro Companhia, Indstrias Romi, Trisul SA, and JHSF Participaes. Celulose Irani S.A. manufactures and sells paper for packaging, boxes, and corrugated sheets in Brazil and international... More
Irani Papel 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 Irani Papel'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 Irani Papel e upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.5 | |||
| Information Ratio | 0.0425 | |||
| Maximum Drawdown | 7.8 | |||
| Value At Risk | (2.64) | |||
| Potential Upside | 3.41 |
Irani Papel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Irani Papel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Irani Papel's standard deviation. In reality, there are many statistical measures that can use Irani Papel historical prices to predict the future Irani Papel's volatility.| Risk Adjusted Performance | 0.0433 | |||
| Jensen Alpha | 0.0765 | |||
| Total Risk Alpha | 0.0661 | |||
| Sortino Ratio | 0.0484 | |||
| Treynor Ratio | 0.3486 |
Irani Papel e Backtested Returns
Currently, Irani Papel e is not too volatile. Irani Papel e holds Efficiency (Sharpe) Ratio of 0.0712, which attests that the entity had a 0.0712 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Irani Papel e, which you can use to evaluate the volatility of the firm. Please check out Irani Papel's Market Risk Adjusted Performance of 0.3586, downside deviation of 1.5, and Risk Adjusted Performance of 0.0433 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. Irani Papel has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Irani Papel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Irani Papel is expected to be smaller as well. Irani Papel e right now retains a risk of 1.71%. Please check out Irani Papel semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if Irani Papel will be following its current trending patterns.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Irani Papel e has insignificant reverse predictability. Overlapping area represents the amount of predictability between Irani Papel time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 Irani Papel e price movement. The serial correlation of -0.17 indicates that over 17.0% of current Irani Papel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Irani Papel e lagged returns against current returns
Autocorrelation, which is Irani Papel 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 Irani Papel's stock expected returns. We can calculate the autocorrelation of Irani Papel returns to help us make a trade decision. For example, suppose you find that Irani Papel 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 |
Irani Papel 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 Irani Papel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Irani Papel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Irani Papel stock over time.
Current vs Lagged Prices |
| Timeline |
Irani Papel Lagged Returns
When evaluating Irani Papel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Irani Papel stock have on its future price. Irani Papel 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, Irani Papel autocorrelation shows the relationship between Irani Papel stock current value and its past values and can show if there is a momentum factor associated with investing in Irani Papel e.
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.Additional Tools for Irani Stock Analysis
When running Irani Papel's price analysis, check to measure Irani Papel'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 Irani Papel is operating at the current time. Most of Irani Papel's value examination focuses on studying past and present price action to predict the probability of Irani Papel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Irani Papel's price. Additionally, you may evaluate how the addition of Irani Papel to your portfolios can decrease your overall portfolio volatility.