Grupo Mxico Sab Stock Market Value
| GMBXF Stock | USD 5.15 0.14 2.79% |
| Symbol | Grupo |
Grupo México '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 México's pink sheet 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 México.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Grupo México on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Grupo Mxico SAB or generate 0.0% return on investment in Grupo México over 720 days. Grupo México is related to or competes with IGO. Grupo Mxico, S.A.B. de C.V. engages in copper production, freight transportation, and infrastructure businesses worldwid... More
Grupo México 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 México's pink sheet 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 Mxico SAB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.06 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 9.54 | |||
| Value At Risk | (3.81) | |||
| Potential Upside | 3.53 |
Grupo México Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grupo México's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grupo México's standard deviation. In reality, there are many statistical measures that can use Grupo México historical prices to predict the future Grupo México's volatility.| Risk Adjusted Performance | 0.0197 | |||
| Jensen Alpha | 0.0122 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1868 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Grupo México'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.
Grupo Mxico SAB Backtested Returns
At this point, Grupo México is slightly risky. Grupo Mxico SAB holds Efficiency (Sharpe) Ratio of 0.0107, which attests that the entity had a 0.0107% return per unit of risk over the last 3 months. We have found thirty technical indicators for Grupo Mxico SAB, which you can use to evaluate the volatility of the firm. Please check out Grupo México's Risk Adjusted Performance of 0.0197, downside deviation of 2.06, and Market Risk Adjusted Performance of 0.1968 to validate if the risk estimate we provide is consistent with the expected return of 0.0234%. The company retains a Market Volatility (i.e., Beta) of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Grupo México's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grupo México is expected to be smaller as well. Grupo Mxico SAB right now retains a risk of 2.18%. Please check out Grupo México expected short fall, and the relationship between the value at risk and daily balance of power , to decide if Grupo México will be following its current trending patterns.
Auto-correlation | 0.40 |
Average predictability
Grupo Mxico SAB has average predictability. Overlapping area represents the amount of predictability between Grupo México time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 Mxico SAB price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Grupo México price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Grupo Mxico SAB lagged returns against current returns
Autocorrelation, which is Grupo México pink sheet'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 México's pink sheet expected returns. We can calculate the autocorrelation of Grupo México returns to help us make a trade decision. For example, suppose you find that Grupo México has exhibited high autocorrelation historically, and you observe that the pink sheet 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 México 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 México pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupo México pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupo México pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Grupo México Lagged Returns
When evaluating Grupo México's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grupo México pink sheet have on its future price. Grupo México 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 México autocorrelation shows the relationship between Grupo México pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Grupo Mxico SAB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Grupo Pink Sheet
Grupo México financial ratios help investors to determine whether Grupo Pink Sheet 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 Grupo with respect to the benefits of owning Grupo México security.