Axtel SAB (Mexico) Market Value
| AXTELCPO | MXN 1.09 0.01 0.93% |
| Symbol | Axtel |
Axtel SAB '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 Axtel SAB'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 Axtel SAB.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in Axtel SAB on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding Axtel SAB de or generate 0.0% return on investment in Axtel SAB over 60 days. Axtel SAB is related to or competes with Promotora, Grupo Aeroportuario, Grupo Aeroportuario, Grupo Televisa, and Grupo Aeroportuario. Axtel, S.A.B. de C.V., an information and communications technology company, offers ICT solutions for corporate, governm... More
Axtel SAB 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 Axtel SAB'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 Axtel SAB de upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 15.31 | |||
| Value At Risk | (4.20) | |||
| Potential Upside | 5.61 |
Axtel SAB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Axtel SAB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Axtel SAB's standard deviation. In reality, there are many statistical measures that can use Axtel SAB historical prices to predict the future Axtel SAB's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | 0.0628 | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 0.0493 |
Axtel SAB de Backtested Returns
Currently, Axtel SAB de is dangerous. Axtel SAB de secures Sharpe Ratio (or Efficiency) of 0.0148, which signifies that the company had a 0.0148% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Axtel SAB de, which you can use to evaluate the volatility of the firm. Please confirm Axtel SAB's insignificant Risk Adjusted Performance, standard deviation of 3.0, and Mean Deviation of 2.16 to double-check if the risk estimate we provide is consistent with the expected return of 0.0456%. Axtel SAB has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.96, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Axtel SAB are expected to decrease slowly. On the other hand, during market turmoil, Axtel SAB is expected to outperform it slightly. Axtel SAB de right now shows a risk of 3.07%. Please confirm Axtel SAB de treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Axtel SAB de will be following its price patterns.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Axtel SAB de has insignificant reverse predictability. Overlapping area represents the amount of predictability between Axtel SAB time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th 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 Axtel SAB de price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Axtel SAB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Axtel SAB de lagged returns against current returns
Autocorrelation, which is Axtel SAB 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 Axtel SAB's stock expected returns. We can calculate the autocorrelation of Axtel SAB returns to help us make a trade decision. For example, suppose you find that Axtel SAB 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 |
Axtel SAB 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 Axtel SAB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Axtel SAB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Axtel SAB stock over time.
Current vs Lagged Prices |
| Timeline |
Axtel SAB Lagged Returns
When evaluating Axtel SAB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Axtel SAB stock have on its future price. Axtel SAB 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, Axtel SAB autocorrelation shows the relationship between Axtel SAB stock current value and its past values and can show if there is a momentum factor associated with investing in Axtel SAB de.
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 Axtel Stock Analysis
When running Axtel SAB's price analysis, check to measure Axtel SAB'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 Axtel SAB is operating at the current time. Most of Axtel SAB's value examination focuses on studying past and present price action to predict the probability of Axtel SAB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axtel SAB's price. Additionally, you may evaluate how the addition of Axtel SAB to your portfolios can decrease your overall portfolio volatility.