BR Properties (Brazil) Market Value
BRPR3 Stock | BRL 131.17 0.00 0.00% |
Symbol | BRPR3 |
BR Properties '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 BR Properties' 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 BR Properties.
02/28/2024 |
| 03/29/2024 |
If you would invest 0.00 in BR Properties on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding BR Properties SA or generate 0.0% return on investment in BR Properties over 30 days. BR Properties is related to or competes with Petrleo Brasileiro, Oi SA, Metalurgica Gerdau, Metalurgica Gerdau, Schlumberger, Oi SA, and Klabin SA. is one of the main commercial real estate investment companies in Brazil More
BR Properties 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 BR Properties' 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 BR Properties SA upside and downside potential and time the market with a certain degree of confidence.
BR Properties Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BR Properties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BR Properties' standard deviation. In reality, there are many statistical measures that can use BR Properties historical prices to predict the future BR Properties' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BR Properties' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BR Properties SA Backtested Returns
We have found three technical indicators for BR Properties, which you can use to evaluate the volatility of the firm. The firm owns a Beta (Systematic Risk) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and BR Properties are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
BR Properties SA has no correlation between past and present. Overlapping area represents the amount of predictability between BR Properties time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 to 29th of March 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 BR Properties SA price movement. The serial correlation of 0.0 indicates that just 0.0% of current BR Properties 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 |
BR Properties SA lagged returns against current returns
Autocorrelation, which is BR Properties 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 BR Properties' stock expected returns. We can calculate the autocorrelation of BR Properties returns to help us make a trade decision. For example, suppose you find that BR Properties 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 |
BR Properties 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 BR Properties stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BR Properties stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BR Properties stock over time.
Current vs Lagged Prices |
Timeline |
BR Properties Lagged Returns
When evaluating BR Properties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BR Properties stock have on its future price. BR Properties 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, BR Properties autocorrelation shows the relationship between BR Properties stock current value and its past values and can show if there is a momentum factor associated with investing in BR Properties SA.
Regressed Prices |
Timeline |
Pair Trading with BR Properties
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BR Properties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BR Properties will appreciate offsetting losses from the drop in the long position's value.Moving together with BRPR3 Stock
1.0 | FFCI11 | Fundo De Investimento | PairCorr |
Moving against BRPR3 Stock
1.0 | FIXX11 | Fator IFIX Fundo | PairCorr |
The ability to find closely correlated positions to BR Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BR Properties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BR Properties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BR Properties SA to buy it.
The correlation of BR Properties is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BR Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BR Properties SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BR Properties can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out BR Properties Correlation, BR Properties Volatility and BR Properties Alpha and Beta module to complement your research on BR Properties. Note that the BR Properties SA information on this page should be used as a complementary analysis to other BR Properties' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for BRPR3 Stock analysis
When running BR Properties' price analysis, check to measure BR Properties' 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 BR Properties is operating at the current time. Most of BR Properties' value examination focuses on studying past and present price action to predict the probability of BR Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BR Properties' price. Additionally, you may evaluate how the addition of BR Properties to your portfolios can decrease your overall portfolio volatility.
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BR Properties technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.