CM Hospitalar (Brazil) Market Value
| VVEO3 Stock | 2.04 0.10 5.15% |
| 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.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in CM Hospitalar on October 28, 2024 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 Energisa, BTG Pactual, Plano Plano, Procter Gamble, Cable One, and British American. 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.
| Downside Deviation | 4.34 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 31.24 | |||
| Value At Risk | (6.81) | |||
| Potential Upside | 8.15 |
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 | 0.0266 | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.66) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0558 |
CM Hospitalar SA Backtested Returns
CM Hospitalar appears to be dangerous, given 3 months investment horizon. CM Hospitalar SA retains Efficiency (Sharpe Ratio) of 0.0419, which signifies that the company had a 0.0419% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for CM Hospitalar, which you can use to evaluate the volatility of the firm. Please makes use of CM Hospitalar's Market Risk Adjusted Performance of 0.0658, standard deviation of 4.88, and Coefficient Of Variation of 4209.23 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CM Hospitalar holds a performance score of 3. The firm owns a Beta (Systematic Risk) of 1.9, 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. Please check CM Hospitalar's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether CM Hospitalar's current price history will revert.
Auto-correlation | -0.49 |
Modest reverse predictability
CM Hospitalar SA has modest reverse predictability. Overlapping area represents the amount of predictability between CM Hospitalar time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 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 CM Hospitalar SA price movement. The serial correlation of -0.49 indicates that about 49.0% of current CM Hospitalar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | 0.22 | |
| 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.