FDO INV (Brazil) Market Value
| VERE11 Fund | 445.76 0.00 0.00% |
| Symbol | FDO |
FDO INV '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 FDO INV'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 FDO INV.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in FDO INV on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding FDO INV IMOB or generate 0.0% return on investment in FDO INV over 30 days.
FDO INV 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 FDO INV'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 FDO INV IMOB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.97) | |||
| Maximum Drawdown | 0.496 |
FDO INV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FDO INV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FDO INV's standard deviation. In reality, there are many statistical measures that can use FDO INV historical prices to predict the future FDO INV's volatility.| Risk Adjusted Performance | 0.0761 | |||
| Jensen Alpha | 0.0087 | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | (0.72) |
FDO INV IMOB Backtested Returns
At this point, FDO INV is very steady. FDO INV IMOB secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the fund had a 0.21% return per unit of risk over the last 3 months. We have found sixteen technical indicators for FDO INV IMOB, which you can use to evaluate the volatility of the entity. Please confirm FDO INV's Standard Deviation of 0.085, coefficient of variation of 479.1, and Mean Deviation of 0.0339 to check if the risk estimate we provide is consistent with the expected return of 0.0186%. The fund shows a Beta (market volatility) of -0.0108, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning FDO INV are expected to decrease at a much lower rate. During the bear market, FDO INV is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
FDO INV IMOB has no correlation between past and present. Overlapping area represents the amount of predictability between FDO INV time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 FDO INV IMOB price movement. The serial correlation of 0.0 indicates that just 0.0% of current FDO INV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FDO INV IMOB lagged returns against current returns
Autocorrelation, which is FDO INV 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 FDO INV's fund expected returns. We can calculate the autocorrelation of FDO INV returns to help us make a trade decision. For example, suppose you find that FDO INV 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 |
FDO INV 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 FDO INV fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FDO INV fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FDO INV fund over time.
Current vs Lagged Prices |
| Timeline |
FDO INV Lagged Returns
When evaluating FDO INV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FDO INV fund have on its future price. FDO INV 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, FDO INV autocorrelation shows the relationship between FDO INV fund current value and its past values and can show if there is a momentum factor associated with investing in FDO INV IMOB.
Regressed Prices |
| Timeline |
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