Sp Downtown (Brazil) Market Value

SPTW11 Fund  BRL 34.55  0.43  1.26%   
Sp Downtown's market value is the price at which a share of Sp Downtown trades on a public exchange. It measures the collective expectations of Sp Downtown Fundo investors about its performance. Sp Downtown is trading at 34.55 as of the 18th of March 2025, a 1.26 percent increase since the beginning of the trading day. The fund's open price was 34.12.
With this module, you can estimate the performance of a buy and hold strategy of Sp Downtown Fundo and determine expected loss or profit from investing in Sp Downtown over a given investment horizon. Check out Sp Downtown Correlation, Sp Downtown Volatility and Sp Downtown Alpha and Beta module to complement your research on Sp Downtown.
Symbol

Please note, there is a significant difference between Sp Downtown's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sp Downtown is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sp Downtown'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.

Sp Downtown '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 Sp Downtown'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 Sp Downtown.
0.00
12/18/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/18/2025
0.00
If you would invest  0.00  in Sp Downtown on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Sp Downtown Fundo or generate 0.0% return on investment in Sp Downtown over 90 days. Sp Downtown is related to or competes with BTG Pactual. More

Sp Downtown 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 Sp Downtown'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 Sp Downtown Fundo upside and downside potential and time the market with a certain degree of confidence.

Sp Downtown Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sp Downtown's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sp Downtown's standard deviation. In reality, there are many statistical measures that can use Sp Downtown historical prices to predict the future Sp Downtown's volatility.
Hype
Prediction
LowEstimatedHigh
33.4134.5535.69
Details
Intrinsic
Valuation
LowRealHigh
32.7133.8534.99
Details
Naive
Forecast
LowNextHigh
33.4534.5835.72
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
32.9733.9534.94
Details

Sp Downtown Fundo Backtested Returns

Sp Downtown appears to be very steady, given 3 months investment horizon. Sp Downtown Fundo retains Efficiency (Sharpe Ratio) of 0.24, which indicates the fund had a 0.24 % return per unit of price deviation over the last 3 months. We have found thirty technical indicators for Sp Downtown, which you can use to evaluate the volatility of the fund. Please review Sp Downtown's Mean Deviation of 0.9093, risk adjusted performance of 0.1522, and Downside Deviation of 1.45 to confirm if our risk estimates are consistent with your expectations. The entity owns a Beta (Systematic Risk) of -0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sp Downtown are expected to decrease at a much lower rate. During the bear market, Sp Downtown is likely to outperform the market.

Auto-correlation

    
  0.25  

Poor predictability

Sp Downtown Fundo has poor predictability. Overlapping area represents the amount of predictability between Sp Downtown time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Sp Downtown Fundo price movement. The serial correlation of 0.25 indicates that over 25.0% of current Sp Downtown price fluctuation can be explain by its past prices.
Correlation Coefficient0.25
Spearman Rank Test0.24
Residual Average0.0
Price Variance0.36

Sp Downtown Fundo lagged returns against current returns

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

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

Sp Downtown Lagged Returns

When evaluating Sp Downtown's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sp Downtown fund have on its future price. Sp Downtown 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, Sp Downtown autocorrelation shows the relationship between Sp Downtown fund current value and its past values and can show if there is a momentum factor associated with investing in Sp Downtown Fundo.
   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.

Other Information on Investing in SPTW11 Fund

Sp Downtown financial ratios help investors to determine whether SPTW11 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 SPTW11 with respect to the benefits of owning Sp Downtown security.
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