Grupo Cementos (Mexico) Market Value
| GCC Stock | MXN 184.41 1.73 0.93% |
| Symbol | Grupo |
Grupo Cementos '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 Grupo Cementos' 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 Grupo Cementos.
| 01/06/2023 |
| 12/26/2024 |
If you would invest 0.00 in Grupo Cementos on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding Grupo Cementos de or generate 0.0% return on investment in Grupo Cementos over 720 days. Grupo Cementos is related to or competes with Pea Verde, Farmacias Benavides, Alfa SAB, Southern Copper, Organizacin Soriana, G Collado, and Compaa Minera. Grupo Cementos de Chihuahua, S.A.B. de C.V., through its subsidiaries, produces, distributes, and sells gray Portland ce... More
Grupo Cementos 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 Grupo Cementos' 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 Grupo Cementos de upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.1232 | |||
| Maximum Drawdown | 10.98 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 3.82 |
Grupo Cementos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grupo Cementos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grupo Cementos' standard deviation. In reality, there are many statistical measures that can use Grupo Cementos historical prices to predict the future Grupo Cementos' volatility.| Risk Adjusted Performance | 0.1204 | |||
| Jensen Alpha | 0.312 | |||
| Total Risk Alpha | 0.2215 | |||
| Sortino Ratio | 0.1601 | |||
| Treynor Ratio | 0.9977 |
Grupo Cementos de Backtested Returns
Grupo Cementos appears to be very steady, given 3 months investment horizon. Grupo Cementos de holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Grupo Cementos de, which you can use to evaluate the volatility of the firm. Please utilize Grupo Cementos' Market Risk Adjusted Performance of 1.01, downside deviation of 1.8, and Risk Adjusted Performance of 0.1204 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Grupo Cementos holds a performance score of 13. The company retains a Market Volatility (i.e., Beta) of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Grupo Cementos' returns are expected to increase less than the market. However, during the bear market, the loss of holding Grupo Cementos is expected to be smaller as well. Please check Grupo Cementos' treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to make a quick decision on whether Grupo Cementos' current trending patterns will revert.
Auto-correlation | -0.34 |
Poor reverse predictability
Grupo Cementos de has poor reverse predictability. Overlapping area represents the amount of predictability between Grupo Cementos time series from 6th of January 2023 to 1st of January 2024 and 1st of January 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 Grupo Cementos de price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Grupo Cementos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 288.77 |
Grupo Cementos de lagged returns against current returns
Autocorrelation, which is Grupo Cementos 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 Grupo Cementos' stock expected returns. We can calculate the autocorrelation of Grupo Cementos returns to help us make a trade decision. For example, suppose you find that Grupo Cementos 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 |
Grupo Cementos 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 Grupo Cementos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupo Cementos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupo Cementos stock over time.
Current vs Lagged Prices |
| Timeline |
Grupo Cementos Lagged Returns
When evaluating Grupo Cementos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grupo Cementos stock have on its future price. Grupo Cementos 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, Grupo Cementos autocorrelation shows the relationship between Grupo Cementos stock current value and its past values and can show if there is a momentum factor associated with investing in Grupo Cementos 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 Grupo Stock Analysis
When running Grupo Cementos' price analysis, check to measure Grupo Cementos' 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 Grupo Cementos is operating at the current time. Most of Grupo Cementos' value examination focuses on studying past and present price action to predict the probability of Grupo Cementos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Cementos' price. Additionally, you may evaluate how the addition of Grupo Cementos to your portfolios can decrease your overall portfolio volatility.