Riza Akin (Brazil) Market Value
| RZAK11 Fund | BRL 72.85 1.33 1.86% |
| Symbol | Riza |
Please note, there is a significant difference between Riza Akin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Riza Akin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Riza Akin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Riza Akin '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 Riza Akin'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 Riza Akin.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Riza Akin on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Riza Akin Fundo or generate 0.0% return on investment in Riza Akin over 30 days. Riza Akin is related to or competes with BTG Pactual, Plano Plano, Companhia Habitasul, Telefonaktiebolaget, Cable One, British American, and Suzano SA. More
Riza Akin 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 Riza Akin'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 Riza Akin Fundo upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 3.67 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 1.19 |
Riza Akin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Riza Akin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Riza Akin's standard deviation. In reality, there are many statistical measures that can use Riza Akin historical prices to predict the future Riza Akin's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.79) |
Riza Akin Fundo Backtested Returns
Riza Akin Fundo maintains Sharpe Ratio (i.e., Efficiency) of -0.21, which implies the entity had a -0.21% return per unit of risk over the last 3 months. Riza Akin Fundo exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Riza Akin's Variance of 0.6429, coefficient of variation of (435.29), and Risk Adjusted Performance of (0.17) to confirm the risk estimate we provide. The fund holds a Beta of 0.25, which implies not very significant fluctuations relative to the market. As returns on the market increase, Riza Akin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Riza Akin is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
Riza Akin Fundo has no correlation between past and present. Overlapping area represents the amount of predictability between Riza Akin time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Riza Akin Fundo price movement. The serial correlation of 0.0 indicates that just 0.0% of current Riza Akin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 4.83 |
Riza Akin Fundo lagged returns against current returns
Autocorrelation, which is Riza Akin 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 Riza Akin's fund expected returns. We can calculate the autocorrelation of Riza Akin returns to help us make a trade decision. For example, suppose you find that Riza Akin 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 |
Riza Akin 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 Riza Akin fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Riza Akin fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Riza Akin fund over time.
Current vs Lagged Prices |
| Timeline |
Riza Akin Lagged Returns
When evaluating Riza Akin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Riza Akin fund have on its future price. Riza Akin 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, Riza Akin autocorrelation shows the relationship between Riza Akin fund current value and its past values and can show if there is a momentum factor associated with investing in Riza Akin Fundo.
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 Riza Fund
Riza Akin financial ratios help investors to determine whether Riza 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 Riza with respect to the benefits of owning Riza Akin security.
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