Compaa Minera (Mexico) Market Value
| AUTLANB Stock | MXN 7.73 0.01 0.13% |
| Symbol | Compaa |
Compaa Minera '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 Compaa Minera'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 Compaa Minera.
| 12/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Compaa Minera on December 19, 2023 and sell it all today you would earn a total of 0.00 from holding Compaa Minera Autln or generate 0.0% return on investment in Compaa Minera over 360 days. Compaa Minera is related to or competes with Deutsche Bank, Lloyds Banking, Taiwan Semiconductor, FibraHotel, Applied Materials, and DXC Technology. Compaa Minera Autln, S.A.B. de C.V. engages in the manufacture and sale of ferroalloys for the steel industry, mining of... More
Compaa Minera 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 Compaa Minera'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 Compaa Minera Autln upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.18 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 6.75 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 2.37 |
Compaa Minera Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Compaa Minera's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Compaa Minera's standard deviation. In reality, there are many statistical measures that can use Compaa Minera historical prices to predict the future Compaa Minera's volatility.| Risk Adjusted Performance | 0.0298 | |||
| Jensen Alpha | 0.0469 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.24) |
Compaa Minera Autln Backtested Returns
At this point, Compaa Minera is not too volatile. Compaa Minera Autln secures Sharpe Ratio (or Efficiency) of 0.0284, which signifies that the company had a 0.0284% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Compaa Minera Autln, which you can use to evaluate the volatility of the firm. Please confirm Compaa Minera's Downside Deviation of 1.18, risk adjusted performance of 0.0298, and Mean Deviation of 0.6882 to double-check if the risk estimate we provide is consistent with the expected return of 0.0353%. Compaa Minera has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Compaa Minera are expected to decrease at a much lower rate. During the bear market, Compaa Minera is likely to outperform the market. Compaa Minera Autln right now shows a risk of 1.24%. Please confirm Compaa Minera Autln potential upside, daily balance of power, and the relationship between the treynor ratio and expected short fall , to decide if Compaa Minera Autln will be following its price patterns.
Auto-correlation | 0.60 |
Good predictability
Compaa Minera Autln has good predictability. Overlapping area represents the amount of predictability between Compaa Minera time series from 19th of December 2023 to 16th of June 2024 and 16th of June 2024 to 13th of December 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 Compaa Minera Autln price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Compaa Minera price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Compaa Minera Autln lagged returns against current returns
Autocorrelation, which is Compaa Minera 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 Compaa Minera's stock expected returns. We can calculate the autocorrelation of Compaa Minera returns to help us make a trade decision. For example, suppose you find that Compaa Minera 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 |
Compaa Minera 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 Compaa Minera stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Compaa Minera stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Compaa Minera stock over time.
Current vs Lagged Prices |
| Timeline |
Compaa Minera Lagged Returns
When evaluating Compaa Minera's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Compaa Minera stock have on its future price. Compaa Minera 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, Compaa Minera autocorrelation shows the relationship between Compaa Minera stock current value and its past values and can show if there is a momentum factor associated with investing in Compaa Minera Autln.
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.Other Information on Investing in Compaa Stock
Compaa Minera financial ratios help investors to determine whether Compaa Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Compaa with respect to the benefits of owning Compaa Minera security.