Smartfit Escola (Brazil) Market Value
| SMFT3 Stock | 17.84 0.33 1.82% |
| Symbol | Smartfit |
Smartfit Escola '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 Smartfit Escola'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 Smartfit Escola.
| 01/04/2025 |
| 03/05/2025 |
If you would invest 0.00 in Smartfit Escola on January 4, 2025 and sell it all today you would earn a total of 0.00 from holding Smartfit Escola de or generate 0.0% return on investment in Smartfit Escola over 60 days.
Smartfit Escola 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 Smartfit Escola'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 Smartfit Escola de upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 9.69 | |||
| Value At Risk | (4.72) | |||
| Potential Upside | 3.95 |
Smartfit Escola Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Smartfit Escola's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Smartfit Escola's standard deviation. In reality, there are many statistical measures that can use Smartfit Escola historical prices to predict the future Smartfit Escola's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | 0.1678 | |||
| Treynor Ratio | (0.37) |
Smartfit Escola de Backtested Returns
Smartfit Escola de owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. Smartfit Escola de exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Smartfit Escola's Coefficient Of Variation of (2,171), variance of 6.7, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of 0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Smartfit Escola's returns are expected to increase less than the market. However, during the bear market, the loss of holding Smartfit Escola is expected to be smaller as well. At this point, Smartfit Escola de has a negative expected return of -0.0157%. Please make sure to validate Smartfit Escola's standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if Smartfit Escola de performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.36 |
Poor reverse predictability
Smartfit Escola de has poor reverse predictability. Overlapping area represents the amount of predictability between Smartfit Escola time series from 4th of January 2025 to 3rd of February 2025 and 3rd of February 2025 to 5th 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 Smartfit Escola de price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Smartfit Escola price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
Smartfit Escola de lagged returns against current returns
Autocorrelation, which is Smartfit Escola 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 Smartfit Escola's stock expected returns. We can calculate the autocorrelation of Smartfit Escola returns to help us make a trade decision. For example, suppose you find that Smartfit Escola 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 |
Smartfit Escola 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 Smartfit Escola stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Smartfit Escola stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Smartfit Escola stock over time.
Current vs Lagged Prices |
| Timeline |
Smartfit Escola Lagged Returns
When evaluating Smartfit Escola's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Smartfit Escola stock have on its future price. Smartfit Escola 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, Smartfit Escola autocorrelation shows the relationship between Smartfit Escola stock current value and its past values and can show if there is a momentum factor associated with investing in Smartfit Escola de.
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 Smartfit Stock Analysis
When running Smartfit Escola's price analysis, check to measure Smartfit Escola'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 Smartfit Escola is operating at the current time. Most of Smartfit Escola's value examination focuses on studying past and present price action to predict the probability of Smartfit Escola's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smartfit Escola's price. Additionally, you may evaluate how the addition of Smartfit Escola to your portfolios can decrease your overall portfolio volatility.