Corporativo GBM (Mexico) Market Value
| GBMO Stock | MXN 9.60 0.12 1.23% |
| Symbol | Corporativo |
Corporativo GBM '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 Corporativo GBM'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 Corporativo GBM.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Corporativo GBM on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Corporativo GBM SAB or generate 0.0% return on investment in Corporativo GBM over 30 days. Corporativo GBM is related to or competes with Samsung Electronics, Taiwan Semiconductor, JPMorgan Chase, Bank of America, HSBC Holdings, and Citigroup. Corporativo GBM, S.A.B. de C.V. provides financial products and services to large corporations and mid-cap companies, in... More
Corporativo GBM 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 Corporativo GBM'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 Corporativo GBM SAB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.50) | |||
| Maximum Drawdown | 4.52 | |||
| Value At Risk | (2.88) |
Corporativo GBM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Corporativo GBM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Corporativo GBM's standard deviation. In reality, there are many statistical measures that can use Corporativo GBM historical prices to predict the future Corporativo GBM's volatility.| Risk Adjusted Performance | (0.36) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | 2.2 |
Corporativo GBM SAB Backtested Returns
Corporativo GBM SAB secures Sharpe Ratio (or Efficiency) of -0.48, which signifies that the company had a -0.48% return per unit of risk over the last 3 months. Corporativo GBM SAB exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Corporativo GBM's Mean Deviation of 0.7037, standard deviation of 1.03, and Risk Adjusted Performance of (0.36) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Corporativo GBM are expected to decrease at a much lower rate. During the bear market, Corporativo GBM is likely to outperform the market. At this point, Corporativo GBM SAB has a negative expected return of -0.51%. Please make sure to confirm Corporativo GBM's total risk alpha, skewness, daily balance of power, as well as the relationship between the treynor ratio and kurtosis , to decide if Corporativo GBM SAB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.88 |
Very good predictability
Corporativo GBM SAB has very good predictability. Overlapping area represents the amount of predictability between Corporativo GBM time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Corporativo GBM SAB price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Corporativo GBM price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Corporativo GBM SAB lagged returns against current returns
Autocorrelation, which is Corporativo GBM 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 Corporativo GBM's stock expected returns. We can calculate the autocorrelation of Corporativo GBM returns to help us make a trade decision. For example, suppose you find that Corporativo GBM 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 |
Corporativo GBM 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 Corporativo GBM stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Corporativo GBM stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Corporativo GBM stock over time.
Current vs Lagged Prices |
| Timeline |
Corporativo GBM Lagged Returns
When evaluating Corporativo GBM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Corporativo GBM stock have on its future price. Corporativo GBM 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, Corporativo GBM autocorrelation shows the relationship between Corporativo GBM stock current value and its past values and can show if there is a momentum factor associated with investing in Corporativo GBM SAB.
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 Corporativo Stock Analysis
When running Corporativo GBM's price analysis, check to measure Corporativo GBM'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 Corporativo GBM is operating at the current time. Most of Corporativo GBM's value examination focuses on studying past and present price action to predict the probability of Corporativo GBM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corporativo GBM's price. Additionally, you may evaluate how the addition of Corporativo GBM to your portfolios can decrease your overall portfolio volatility.