CM Hospitalar (Brazil) Market Value
| VVEO3 Stock | 1.37 0.05 3.52% |
| Symbol | VVEO3 |
CM Hospitalar '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 CM Hospitalar'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 CM Hospitalar.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in CM Hospitalar on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding CM Hospitalar SA or generate 0.0% return on investment in CM Hospitalar over 30 days. CM Hospitalar is related to or competes with Home Depot, Live Nation, G2D Investments, DXC Technology, Seagate Technology, and GP Investments. More
CM Hospitalar 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 CM Hospitalar'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 CM Hospitalar SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 19.18 | |||
| Value At Risk | (5.23) | |||
| Potential Upside | 5.73 |
CM Hospitalar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CM Hospitalar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CM Hospitalar's standard deviation. In reality, there are many statistical measures that can use CM Hospitalar historical prices to predict the future CM Hospitalar's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.41) |
CM Hospitalar SA Backtested Returns
CM Hospitalar SA retains Efficiency (Sharpe Ratio) of -0.13, which signifies that the company had a -0.13 % return per unit of price deviation over the last 3 months. CM Hospitalar exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CM Hospitalar's Information Ratio of (0.13), market risk adjusted performance of (0.40), and Variance of 13.93 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 1.16, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CM Hospitalar will likely underperform. At this point, CM Hospitalar SA has a negative expected return of -0.51%. Please make sure to confirm CM Hospitalar's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if CM Hospitalar SA performance from the past will be repeated sooner or later.
Auto-correlation | 0.16 |
Very weak predictability
CM Hospitalar SA has very weak predictability. Overlapping area represents the amount of predictability between CM Hospitalar time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 CM Hospitalar SA price movement. The serial correlation of 0.16 indicates that over 16.0% of current CM Hospitalar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
CM Hospitalar SA lagged returns against current returns
Autocorrelation, which is CM Hospitalar 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 CM Hospitalar's stock expected returns. We can calculate the autocorrelation of CM Hospitalar returns to help us make a trade decision. For example, suppose you find that CM Hospitalar 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 |
CM Hospitalar 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 CM Hospitalar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CM Hospitalar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CM Hospitalar stock over time.
Current vs Lagged Prices |
| Timeline |
CM Hospitalar Lagged Returns
When evaluating CM Hospitalar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CM Hospitalar stock have on its future price. CM Hospitalar 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, CM Hospitalar autocorrelation shows the relationship between CM Hospitalar stock current value and its past values and can show if there is a momentum factor associated with investing in CM Hospitalar 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 VVEO3 Stock Analysis
When running CM Hospitalar's price analysis, check to measure CM Hospitalar'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 CM Hospitalar is operating at the current time. Most of CM Hospitalar's value examination focuses on studying past and present price action to predict the probability of CM Hospitalar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CM Hospitalar's price. Additionally, you may evaluate how the addition of CM Hospitalar to your portfolios can decrease your overall portfolio volatility.