BB Renda (Brazil) Market Value
| RNDP11 Fund | BRL 39.16 0.16 0.41% |
| Symbol | RNDP11 |
BB Renda '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 BB Renda'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 BB Renda.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in BB Renda on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding BB Renda de or generate 0.0% return on investment in BB Renda over 90 days. BB Renda is related to or competes with BTG Pactual. More
BB Renda 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 BB Renda'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 BB Renda de upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.23 | |||
| Information Ratio | 0.0964 | |||
| Maximum Drawdown | 84.29 | |||
| Value At Risk | (8.35) | |||
| Potential Upside | 7.98 |
BB Renda Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BB Renda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BB Renda's standard deviation. In reality, there are many statistical measures that can use BB Renda historical prices to predict the future BB Renda's volatility.| Risk Adjusted Performance | 0.0842 | |||
| Jensen Alpha | 0.7951 | |||
| Total Risk Alpha | 2.07 | |||
| Sortino Ratio | 0.1812 | |||
| Treynor Ratio | (2.12) |
BB Renda de Backtested Returns
BB Renda is somewhat reliable given 3 months investment horizon. BB Renda de retains Efficiency (Sharpe Ratio) of 0.1, which signifies that the fund had a 0.1 % return per unit of price deviation over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use BB Renda de Coefficient Of Variation of 1159.06, standard deviation of 9.83, and Market Risk Adjusted Performance of (2.11) to evaluate company specific risk that cannot be diversified away. The entity owns a Beta (Systematic Risk) of -0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning BB Renda are expected to decrease at a much lower rate. During the bear market, BB Renda is likely to outperform the market.
Auto-correlation | 0.35 |
Below average predictability
BB Renda de has below average predictability. Overlapping area represents the amount of predictability between BB Renda time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 BB Renda de price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current BB Renda price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 5.55 |
BB Renda de lagged returns against current returns
Autocorrelation, which is BB Renda 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 BB Renda's fund expected returns. We can calculate the autocorrelation of BB Renda returns to help us make a trade decision. For example, suppose you find that BB Renda 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 |
BB Renda 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 BB Renda fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BB Renda fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BB Renda fund over time.
Current vs Lagged Prices |
| Timeline |
BB Renda Lagged Returns
When evaluating BB Renda's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BB Renda fund have on its future price. BB Renda 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, BB Renda autocorrelation shows the relationship between BB Renda fund current value and its past values and can show if there is a momentum factor associated with investing in BB Renda 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 RNDP11 Fund
BB Renda financial ratios help investors to determine whether RNDP11 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 RNDP11 with respect to the benefits of owning BB Renda security.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Stocks Directory Find actively traded stocks across global markets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |