Suzano SA (Brazil) Market Value
| SUZB3 Stock | BRL 59.74 0.44 0.74% |
| Symbol | Suzano |
Suzano SA '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 Suzano SA'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 Suzano SA.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Suzano SA on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Suzano SA or generate 0.0% return on investment in Suzano SA over 30 days. Suzano SA is related to or competes with JBS ON, Skyworks Solutions, BRB Banco, HEDGE TOP, and Mxima Renda. Suzano S.A. produces and sells eucalyptus pulp and paper products in Brazil and internationally More
Suzano SA 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 Suzano SA'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 Suzano SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.05 | |||
| Information Ratio | 0.0018 | |||
| Maximum Drawdown | 6.36 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 2.33 |
Suzano SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Suzano SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Suzano SA's standard deviation. In reality, there are many statistical measures that can use Suzano SA historical prices to predict the future Suzano SA's volatility.| Risk Adjusted Performance | 0.0842 | |||
| Jensen Alpha | 0.1324 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0021 | |||
| Treynor Ratio | (0.92) |
Suzano SA Backtested Returns
Currently, Suzano SA is very steady. Suzano SA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Suzano SA, which you can use to evaluate the volatility of the company. Please validate Suzano SA's Semi Deviation of 0.9201, risk adjusted performance of 0.0842, and Coefficient Of Variation of 951.86 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. Suzano SA has a performance score of 8 on a scale of 0 to 100. The entity has a beta of -0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Suzano SA are expected to decrease at a much lower rate. During the bear market, Suzano SA is likely to outperform the market. Suzano SA right now has a risk of 1.22%. Please validate Suzano SA value at risk, downside variance, expected short fall, as well as the relationship between the potential upside and semi variance , to decide if Suzano SA will be following its existing price patterns.
Auto-correlation | 0.78 |
Good predictability
Suzano SA has good predictability. Overlapping area represents the amount of predictability between Suzano SA time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Suzano SA price movement. The serial correlation of 0.78 indicates that around 78.0% of current Suzano SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Suzano SA lagged returns against current returns
Autocorrelation, which is Suzano SA 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 Suzano SA's stock expected returns. We can calculate the autocorrelation of Suzano SA returns to help us make a trade decision. For example, suppose you find that Suzano SA 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 |
Suzano SA 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 Suzano SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Suzano SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Suzano SA stock over time.
Current vs Lagged Prices |
| Timeline |
Suzano SA Lagged Returns
When evaluating Suzano SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Suzano SA stock have on its future price. Suzano SA 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, Suzano SA autocorrelation shows the relationship between Suzano SA stock current value and its past values and can show if there is a momentum factor associated with investing in Suzano SA.
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 Suzano Stock Analysis
When running Suzano SA's price analysis, check to measure Suzano SA'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 Suzano SA is operating at the current time. Most of Suzano SA's value examination focuses on studying past and present price action to predict the probability of Suzano SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suzano SA's price. Additionally, you may evaluate how the addition of Suzano SA to your portfolios can decrease your overall portfolio volatility.