Metalrgica Riosulense (Brazil) Market Value
| RSUL4 Preferred Stock | BRL 69.00 1.00 1.47% |
| Symbol | Metalrgica |
Metalrgica Riosulense '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 Metalrgica Riosulense'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 Metalrgica Riosulense.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Metalrgica Riosulense on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Metalrgica Riosulense SA or generate 0.0% return on investment in Metalrgica Riosulense over 90 days. Metalrgica Riosulense is related to or competes with METISA Metalrgica, Wetzel SA, Recrusul, Randon SA, and Electro Ao. Metalrgica Riosulense S.A. engages in the manufacture and sale of high-precision parts and accessories for automotive an... More
Metalrgica Riosulense 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 Metalrgica Riosulense'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 Metalrgica Riosulense SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.57 | |||
| Information Ratio | 0.3075 | |||
| Maximum Drawdown | 9.27 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 2.97 |
Metalrgica Riosulense Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metalrgica Riosulense's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metalrgica Riosulense's standard deviation. In reality, there are many statistical measures that can use Metalrgica Riosulense historical prices to predict the future Metalrgica Riosulense's volatility.| Risk Adjusted Performance | 0.2161 | |||
| Jensen Alpha | 0.3587 | |||
| Total Risk Alpha | 0.558 | |||
| Sortino Ratio | 0.3012 | |||
| Treynor Ratio | (6.37) |
Metalrgica Riosulense Backtested Returns
Metalrgica Riosulense appears to be very steady, given 3 months investment horizon. Metalrgica Riosulense has Sharpe Ratio of 0.31, which conveys that the firm had a 0.31 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Metalrgica Riosulense, which you can use to evaluate the volatility of the firm. Please exercise Metalrgica Riosulense's Downside Deviation of 1.57, risk adjusted performance of 0.2161, and Mean Deviation of 1.01 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Metalrgica Riosulense holds a performance score of 24. The company secures a Beta (Market Risk) of -0.0573, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Metalrgica Riosulense are expected to decrease at a much lower rate. During the bear market, Metalrgica Riosulense is likely to outperform the market. Please check Metalrgica Riosulense's maximum drawdown, semi variance, accumulation distribution, as well as the relationship between the potential upside and skewness , to make a quick decision on whether Metalrgica Riosulense's current price movements will revert.
Auto-correlation | 0.55 |
Modest predictability
Metalrgica Riosulense SA has modest predictability. Overlapping area represents the amount of predictability between Metalrgica Riosulense 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 Metalrgica Riosulense price movement. The serial correlation of 0.55 indicates that about 55.0% of current Metalrgica Riosulense price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 13.3 |
Metalrgica Riosulense lagged returns against current returns
Autocorrelation, which is Metalrgica Riosulense 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 Metalrgica Riosulense's preferred stock expected returns. We can calculate the autocorrelation of Metalrgica Riosulense returns to help us make a trade decision. For example, suppose you find that Metalrgica Riosulense 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 |
Metalrgica Riosulense 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 Metalrgica Riosulense preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metalrgica Riosulense preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metalrgica Riosulense preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Metalrgica Riosulense Lagged Returns
When evaluating Metalrgica Riosulense's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metalrgica Riosulense preferred stock have on its future price. Metalrgica Riosulense 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, Metalrgica Riosulense autocorrelation shows the relationship between Metalrgica Riosulense preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Metalrgica Riosulense 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 Metalrgica Preferred Stock Analysis
When running Metalrgica Riosulense's price analysis, check to measure Metalrgica Riosulense'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 Metalrgica Riosulense is operating at the current time. Most of Metalrgica Riosulense's value examination focuses on studying past and present price action to predict the probability of Metalrgica Riosulense's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalrgica Riosulense's price. Additionally, you may evaluate how the addition of Metalrgica Riosulense to your portfolios can decrease your overall portfolio volatility.