Sp Downtown (Brazil) Market Value
| SPTW11 Fund | BRL 34.24 0.31 0.90% |
| Symbol | SPTW11 |
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.
| 12/18/2024 |
| 03/18/2025 |
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.
| Downside Deviation | 1.45 | |||
| Information Ratio | 0.2341 | |||
| Maximum Drawdown | 7.28 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 2.1 |
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.| Risk Adjusted Performance | 0.1522 | |||
| Jensen Alpha | 0.1694 | |||
| Total Risk Alpha | 0.3343 | |||
| Sortino Ratio | 0.2038 | |||
| Treynor Ratio | (0.54) |
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 twenty-nine technical indicators for Sp Downtown, which you can use to evaluate the volatility of the fund. Please review Sp Downtown's Risk Adjusted Performance of 0.1522, mean deviation of 0.9093, 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 Coefficient | 0.25 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.42 |
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 |
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 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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