WHG FINVEST (Brazil) Market Value

SPDE11 Fund   1,238  0.00  0.00%   
WHG FINVEST's market value is the price at which a share of WHG FINVEST trades on a public exchange. It measures the collective expectations of WHG FINVEST SP investors about its performance. WHG FINVEST is trading at 1237.90 as of the 22nd of January 2025, a No Change since the beginning of the trading day. The fund's open price was 1237.9.
With this module, you can estimate the performance of a buy and hold strategy of WHG FINVEST SP and determine expected loss or profit from investing in WHG FINVEST over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol

WHG FINVEST '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 WHG FINVEST'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 WHG FINVEST.
0.00
12/23/2024
No Change 0.00  0.0 
In 31 days
01/22/2025
0.00
If you would invest  0.00  in WHG FINVEST on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding WHG FINVEST SP or generate 0.0% return on investment in WHG FINVEST over 30 days.

WHG FINVEST 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 WHG FINVEST'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 WHG FINVEST SP upside and downside potential and time the market with a certain degree of confidence.

WHG FINVEST Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for WHG FINVEST's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WHG FINVEST's standard deviation. In reality, there are many statistical measures that can use WHG FINVEST historical prices to predict the future WHG FINVEST's volatility.

WHG FINVEST SP Backtested Returns

At this point, WHG FINVEST is very steady. WHG FINVEST SP shows Sharpe Ratio of 0.18, which attests that the fund had a 0.18 % return per unit of volatility over the last 3 months. We have found eighteen technical indicators for WHG FINVEST SP, which you can use to evaluate the volatility of the fund. Please check out WHG FINVEST's Standard Deviation of 0.7645, risk adjusted performance of 0.1515, and Mean Deviation of 0.2619 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. The entity maintains a market beta of 0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WHG FINVEST's returns are expected to increase less than the market. However, during the bear market, the loss of holding WHG FINVEST is expected to be smaller as well.

Auto-correlation

    
  0.00  

No correlation between past and present

WHG FINVEST SP has no correlation between past and present. Overlapping area represents the amount of predictability between WHG FINVEST time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd of January 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 WHG FINVEST SP price movement. The serial correlation of 0.0 indicates that just 0.0% of current WHG FINVEST price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

WHG FINVEST SP lagged returns against current returns

Autocorrelation, which is WHG FINVEST 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 WHG FINVEST's fund expected returns. We can calculate the autocorrelation of WHG FINVEST returns to help us make a trade decision. For example, suppose you find that WHG FINVEST 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  

WHG FINVEST 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 WHG FINVEST fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WHG FINVEST fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WHG FINVEST fund over time.
   Current vs Lagged Prices   
       Timeline  

WHG FINVEST Lagged Returns

When evaluating WHG FINVEST's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WHG FINVEST fund have on its future price. WHG FINVEST 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, WHG FINVEST autocorrelation shows the relationship between WHG FINVEST fund current value and its past values and can show if there is a momentum factor associated with investing in WHG FINVEST SP.
   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.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios