T1SC34 (Brazil) Market Value
| T1SC34 Stock | BRL 18.42 0.38 2.11% |
| Symbol | T1SC34 |
T1SC34 '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 T1SC34'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 T1SC34.
| 12/02/2023 |
| 12/26/2024 |
If you would invest 0.00 in T1SC34 on December 2, 2023 and sell it all today you would earn a total of 0.00 from holding T1SC34 or generate 0.0% return on investment in T1SC34 over 390 days. T1SC34 is related to or competes with Pet Center, Mitre Realty, Mliuz SA, and Direcional Engenharia. Tractor Supply Company operates as a rural lifestyle retailer in the United States More
T1SC34 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 T1SC34'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 T1SC34 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.36 | |||
| Information Ratio | 0.0865 | |||
| Maximum Drawdown | 17.83 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 4.7 |
T1SC34 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for T1SC34's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as T1SC34's standard deviation. In reality, there are many statistical measures that can use T1SC34 historical prices to predict the future T1SC34's volatility.| Risk Adjusted Performance | 0.09 | |||
| Jensen Alpha | 0.259 | |||
| Total Risk Alpha | 0.1452 | |||
| Sortino Ratio | 0.0659 | |||
| Treynor Ratio | (3.71) |
T1SC34 Backtested Returns
At this point, T1SC34 is not too volatile. T1SC34 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0631, which indicates the company had a 0.0631% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for T1SC34, which you can use to evaluate the volatility of the entity. Please validate T1SC34's Risk Adjusted Performance of 0.09, market risk adjusted performance of (3.70), and Downside Deviation of 3.36 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. T1SC34 has a performance score of 4 on a scale of 0 to 100. The firm has a beta of -0.0691, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning T1SC34 are expected to decrease at a much lower rate. During the bear market, T1SC34 is likely to outperform the market. T1SC34 now has a risk of 2.47%. Please validate T1SC34 treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to decide if T1SC34 will be following its existing price patterns.
Auto-correlation | 0.65 |
Good predictability
T1SC34 has good predictability. Overlapping area represents the amount of predictability between T1SC34 time series from 2nd of December 2023 to 14th of June 2024 and 14th of June 2024 to 26th of December 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 T1SC34 price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current T1SC34 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 1.34 |
T1SC34 lagged returns against current returns
Autocorrelation, which is T1SC34 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 T1SC34's stock expected returns. We can calculate the autocorrelation of T1SC34 returns to help us make a trade decision. For example, suppose you find that T1SC34 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 |
T1SC34 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 T1SC34 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if T1SC34 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in T1SC34 stock over time.
Current vs Lagged Prices |
| Timeline |
T1SC34 Lagged Returns
When evaluating T1SC34's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of T1SC34 stock have on its future price. T1SC34 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, T1SC34 autocorrelation shows the relationship between T1SC34 stock current value and its past values and can show if there is a momentum factor associated with investing in T1SC34.
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 T1SC34 Stock
T1SC34 financial ratios help investors to determine whether T1SC34 Stock 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 T1SC34 with respect to the benefits of owning T1SC34 security.