Visa (Brazil) Market Value
| VISA34 Stock | BRL 71.26 0.56 0.79% |
| Symbol | Visa |
Visa '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 Visa'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 Visa.
| 02/23/2024 |
| 05/23/2024 |
If you would invest 0.00 in Visa on February 23, 2024 and sell it all today you would earn a total of 0.00 from holding Visa Inc or generate 0.0% return on investment in Visa over 90 days. Visa is related to or competes with Capital One, Credit Acceptance, and Financeira Alfa. Visa Inc. operates as a payments technology company worldwide More
Visa 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 Visa'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 Visa Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9596 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.31 | |||
| Value At Risk | (1.44) | |||
| Potential Upside | 1.63 |
Visa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Visa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Visa's standard deviation. In reality, there are many statistical measures that can use Visa historical prices to predict the future Visa's volatility.| Risk Adjusted Performance | 0.0267 | |||
| Jensen Alpha | 0.0264 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.4426 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Visa's 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.
Visa Inc Backtested Returns
We consider Visa very steady. Visa Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0129, which indicates the firm had a 0.0129% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Visa Inc, which you can use to evaluate the volatility of the company. Please validate Visa's Risk Adjusted Performance of 0.0267, coefficient of variation of 2605.77, and Semi Deviation of 0.9239 to confirm if the risk estimate we provide is consistent with the expected return of 0.0122%. Visa has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.0704, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Visa's returns are expected to increase less than the market. However, during the bear market, the loss of holding Visa is expected to be smaller as well. Visa Inc right now has a risk of 0.94%. Please validate Visa treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to decide if Visa will be following its existing price patterns.
Auto-correlation | -0.64 |
Very good reverse predictability
Visa Inc has very good reverse predictability. Overlapping area represents the amount of predictability between Visa time series from 23rd of February 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of May 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 Visa Inc price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Visa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 1.1 |
Visa Inc lagged returns against current returns
Autocorrelation, which is Visa 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 Visa's stock expected returns. We can calculate the autocorrelation of Visa returns to help us make a trade decision. For example, suppose you find that Visa 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 |
Visa 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 Visa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Visa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Visa stock over time.
Current vs Lagged Prices |
| Timeline |
Visa Lagged Returns
When evaluating Visa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Visa stock have on its future price. Visa 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, Visa autocorrelation shows the relationship between Visa stock current value and its past values and can show if there is a momentum factor associated with investing in Visa Inc.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Check out Visa Correlation, Visa Volatility and Visa Alpha and Beta module to complement your research on Visa. Note that the Visa Inc information on this page should be used as a complementary analysis to other Visa's 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Visa Stock analysis
When running Visa's price analysis, check to measure Visa'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 Visa is operating at the current time. Most of Visa's value examination focuses on studying past and present price action to predict the probability of Visa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Visa's price. Additionally, you may evaluate how the addition of Visa to your portfolios can decrease your overall portfolio volatility.
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Visa 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.