Tres Tentos (Brazil) Market Value
| TTEN3 Stock | 13.92 0.22 1.56% |
| Symbol | Tres |
Tres Tentos '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 Tres Tentos' 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 Tres Tentos.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Tres Tentos on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Tres Tentos Agroindustrial or generate 0.0% return on investment in Tres Tentos over 90 days. Tres Tentos is related to or competes with Boa Safra, Ambipar Participaes, Vamos Locao, and Petroreconcavo. More
Tres Tentos 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 Tres Tentos' 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 Tres Tentos Agroindustrial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.63 | |||
| Information Ratio | 0.0439 | |||
| Maximum Drawdown | 13.12 | |||
| Value At Risk | (3.90) | |||
| Potential Upside | 4.04 |
Tres Tentos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tres Tentos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tres Tentos' standard deviation. In reality, there are many statistical measures that can use Tres Tentos historical prices to predict the future Tres Tentos' volatility.| Risk Adjusted Performance | 0.0102 | |||
| Jensen Alpha | 0.054 | |||
| Total Risk Alpha | 0.3139 | |||
| Sortino Ratio | 0.0417 | |||
| Treynor Ratio | 0.0015 |
Tres Tentos Agroindu Backtested Returns
Tres Tentos Agroindu owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0254, which indicates the firm had a -0.0254 % return per unit of risk over the last 3 months. Tres Tentos Agroindustrial exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tres Tentos' Coefficient Of Variation of 23339.79, risk adjusted performance of 0.0102, and Semi Deviation of 2.55 to confirm the risk estimate we provide. The entity has a beta of 0.49, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tres Tentos' returns are expected to increase less than the market. However, during the bear market, the loss of holding Tres Tentos is expected to be smaller as well. At this point, Tres Tentos Agroindu has a negative expected return of -0.0612%. Please make sure to validate Tres Tentos' information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Tres Tentos Agroindu performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.69 |
Very good reverse predictability
Tres Tentos Agroindustrial has very good reverse predictability. Overlapping area represents the amount of predictability between Tres Tentos time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Tres Tentos Agroindu price movement. The serial correlation of -0.69 indicates that around 69.0% of current Tres Tentos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.69 |
Tres Tentos Agroindu lagged returns against current returns
Autocorrelation, which is Tres Tentos 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 Tres Tentos' stock expected returns. We can calculate the autocorrelation of Tres Tentos returns to help us make a trade decision. For example, suppose you find that Tres Tentos 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 |
Tres Tentos 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 Tres Tentos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tres Tentos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tres Tentos stock over time.
Current vs Lagged Prices |
| Timeline |
Tres Tentos Lagged Returns
When evaluating Tres Tentos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tres Tentos stock have on its future price. Tres Tentos 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, Tres Tentos autocorrelation shows the relationship between Tres Tentos stock current value and its past values and can show if there is a momentum factor associated with investing in Tres Tentos Agroindustrial.
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 Tres Stock Analysis
When running Tres Tentos' price analysis, check to measure Tres Tentos' 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 Tres Tentos is operating at the current time. Most of Tres Tentos' value examination focuses on studying past and present price action to predict the probability of Tres Tentos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tres Tentos' price. Additionally, you may evaluate how the addition of Tres Tentos to your portfolios can decrease your overall portfolio volatility.