Grupo Mexicano's market value is the price at which a share of Grupo Mexicano trades on a public exchange. It measures the collective expectations of Grupo Mexicano de investors about its performance. Grupo Mexicano is trading at 10.49 as of the 26th of December 2024; that is No Change since the beginning of the trading day. The stock's open price was 10.49. With this module, you can estimate the performance of a buy and hold strategy of Grupo Mexicano de and determine expected loss or profit from investing in Grupo Mexicano over a given investment horizon. Check out Grupo Mexicano Correlation, Grupo Mexicano Volatility and Grupo Mexicano Alpha and Beta module to complement your research on Grupo Mexicano.
Please note, there is a significant difference between Grupo Mexicano's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Mexicano is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Mexicano's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Grupo Mexicano '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 Mexicano'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 Grupo Mexicano.
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11/26/2024
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In 30 days
12/26/2024
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If you would invest 0.00 in Grupo Mexicano on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Grupo Mexicano de or generate 0.0% return on investment in Grupo Mexicano over 30 days. Grupo Mexicano is related to or competes with First Republic, KB Home, Samsung Electronics, New Oriental, DXC Technology, GMxico Transportes, and Cognizant Technology. Grupo Mexicano de Desarrollo, S.A.B. develops and operates infrastructure projects in Mexico More
Grupo Mexicano 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 Mexicano'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 Grupo Mexicano de upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grupo Mexicano's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grupo Mexicano's standard deviation. In reality, there are many statistical measures that can use Grupo Mexicano historical prices to predict the future Grupo Mexicano's volatility.
Grupo Mexicano de holds Efficiency (Sharpe) Ratio of -0.26, which attests that the entity had a -0.26% return per unit of risk over the last 3 months. Grupo Mexicano de exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grupo Mexicano's Risk Adjusted Performance of (0.20), standard deviation of 0.6858, and Market Risk Adjusted Performance of (4.56) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0401, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Grupo Mexicano's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grupo Mexicano is expected to be smaller as well. At this point, Grupo Mexicano de has a negative expected return of -0.19%. Please make sure to check out Grupo Mexicano's mean deviation, information ratio, skewness, as well as the relationship between the standard deviation and maximum drawdown , to decide if Grupo Mexicano de performance from the past will be repeated at some point in the near future.
Correlation Coefficient
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Spearman Rank Test
0.45
Residual Average
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Price Variance
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Grupo Mexicano de lagged returns against current returns
Autocorrelation, which is Grupo Mexicano 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 Mexicano's stock expected returns. We can calculate the autocorrelation of Grupo Mexicano returns to help us make a trade decision. For example, suppose you find that Grupo Mexicano 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
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Grupo Mexicano 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 Mexicano stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupo Mexicano stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupo Mexicano stock over time.
Current vs Lagged Prices
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Grupo Mexicano Lagged Returns
When evaluating Grupo Mexicano's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grupo Mexicano stock have on its future price. Grupo Mexicano 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 Mexicano autocorrelation shows the relationship between Grupo Mexicano stock current value and its past values and can show if there is a momentum factor associated with investing in Grupo Mexicano de.
Regressed Prices
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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.
When running Grupo Mexicano's price analysis, check to measure Grupo Mexicano'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 Grupo Mexicano is operating at the current time. Most of Grupo Mexicano's value examination focuses on studying past and present price action to predict the probability of Grupo Mexicano's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Mexicano's price. Additionally, you may evaluate how the addition of Grupo Mexicano to your portfolios can decrease your overall portfolio volatility.