Domo Fundo (Brazil) Market Value
| RMAI11 Fund | BRL 75.79 2.11 2.86% |
| Symbol | Domo |
Domo Fundo '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 Domo Fundo'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 Domo Fundo.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Domo Fundo on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Domo Fundo de or generate 0.0% return on investment in Domo Fundo over 30 days. Domo Fundo is related to or competes with BTG Pactual, Plano Plano, Companhia Habitasul, Telefonaktiebolaget, Cable One, British American, and Suzano SA. Domo Fundo de Investimento Imobilirio - FII specializes in real estate investments More
Domo Fundo 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 Domo Fundo'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 Domo Fundo de upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7054 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 3.57 | |||
| Value At Risk | (0.67) | |||
| Potential Upside | 1.02 |
Domo Fundo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Domo Fundo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Domo Fundo's standard deviation. In reality, there are many statistical measures that can use Domo Fundo historical prices to predict the future Domo Fundo's volatility.| Risk Adjusted Performance | 0.0396 | |||
| Jensen Alpha | 0.0337 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | (0.42) |
Domo Fundo de Backtested Returns
At this point, Domo Fundo is very steady. Domo Fundo de secures Sharpe Ratio (or Efficiency) of 0.0582, which denotes the fund had a 0.0582% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Domo Fundo de, which you can use to evaluate the volatility of the entity. Please confirm Domo Fundo's Downside Deviation of 0.7054, coefficient of variation of 1772.44, and Mean Deviation of 0.3314 to check if the risk estimate we provide is consistent with the expected return of 0.0388%. The fund shows a Beta (market volatility) of -0.0635, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Domo Fundo are expected to decrease at a much lower rate. During the bear market, Domo Fundo is likely to outperform the market.
Auto-correlation | -0.07 |
Very weak reverse predictability
Domo Fundo de has very weak reverse predictability. Overlapping area represents the amount of predictability between Domo Fundo time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Domo Fundo de price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Domo Fundo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
Domo Fundo de lagged returns against current returns
Autocorrelation, which is Domo Fundo 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 Domo Fundo's fund expected returns. We can calculate the autocorrelation of Domo Fundo returns to help us make a trade decision. For example, suppose you find that Domo Fundo 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 |
Domo Fundo 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 Domo Fundo fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Domo Fundo fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Domo Fundo fund over time.
Current vs Lagged Prices |
| Timeline |
Domo Fundo Lagged Returns
When evaluating Domo Fundo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Domo Fundo fund have on its future price. Domo Fundo 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, Domo Fundo autocorrelation shows the relationship between Domo Fundo fund current value and its past values and can show if there is a momentum factor associated with investing in Domo Fundo de.
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 Domo Fund
Domo Fundo financial ratios help investors to determine whether Domo 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 Domo with respect to the benefits of owning Domo Fundo security.
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