ZAVIT REAL (Brazil) Market Value
| ZAVI11 Fund | 90.99 3.49 3.99% |
| Symbol | ZAVIT |
ZAVIT REAL '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 ZAVIT REAL'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 ZAVIT REAL.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in ZAVIT REAL on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding ZAVIT REAL ESTATE or generate 0.0% return on investment in ZAVIT REAL over 90 days.
ZAVIT REAL 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 ZAVIT REAL'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 ZAVIT REAL ESTATE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.11 | |||
| Information Ratio | 0.1264 | |||
| Maximum Drawdown | 15.97 | |||
| Value At Risk | (3.98) | |||
| Potential Upside | 3.99 |
ZAVIT REAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZAVIT REAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ZAVIT REAL's standard deviation. In reality, there are many statistical measures that can use ZAVIT REAL historical prices to predict the future ZAVIT REAL's volatility.| Risk Adjusted Performance | 0.0872 | |||
| Jensen Alpha | 0.2185 | |||
| Total Risk Alpha | 0.6178 | |||
| Sortino Ratio | 0.1173 | |||
| Treynor Ratio | (0.74) |
ZAVIT REAL ESTATE Backtested Returns
ZAVIT REAL appears to be very steady, given 3 months investment horizon. ZAVIT REAL ESTATE shows Sharpe Ratio of 0.0921, which attests that the fund had a 0.0921 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ZAVIT REAL ESTATE, which you can use to evaluate the volatility of the entity. Please utilize ZAVIT REAL's Market Risk Adjusted Performance of (0.73), downside deviation of 3.11, and Mean Deviation of 2.21 to validate if our risk estimates are consistent with your expectations. The entity maintains a market beta of -0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ZAVIT REAL are expected to decrease at a much lower rate. During the bear market, ZAVIT REAL is likely to outperform the market.
Auto-correlation | 0.73 |
Good predictability
ZAVIT REAL ESTATE has good predictability. Overlapping area represents the amount of predictability between ZAVIT REAL time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 ZAVIT REAL ESTATE price movement. The serial correlation of 0.73 indicates that around 73.0% of current ZAVIT REAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 52.25 |
ZAVIT REAL ESTATE lagged returns against current returns
Autocorrelation, which is ZAVIT REAL 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 ZAVIT REAL's fund expected returns. We can calculate the autocorrelation of ZAVIT REAL returns to help us make a trade decision. For example, suppose you find that ZAVIT REAL 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 |
ZAVIT REAL 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 ZAVIT REAL fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ZAVIT REAL fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ZAVIT REAL fund over time.
Current vs Lagged Prices |
| Timeline |
ZAVIT REAL Lagged Returns
When evaluating ZAVIT REAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ZAVIT REAL fund have on its future price. ZAVIT REAL 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, ZAVIT REAL autocorrelation shows the relationship between ZAVIT REAL fund current value and its past values and can show if there is a momentum factor associated with investing in ZAVIT REAL ESTATE.
Regressed Prices |
| Timeline |
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