Grupo Minsa (Mexico) Market Value
| MINSAB Stock | MXN 9.09 0.00 0.00% |
| Symbol | Grupo |
Grupo Minsa '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 Minsa'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 Minsa.
| 12/03/2023 |
| 12/27/2024 |
If you would invest 0.00 in Grupo Minsa on December 3, 2023 and sell it all today you would earn a total of 0.00 from holding Grupo Minsa SAB or generate 0.0% return on investment in Grupo Minsa over 390 days. Grupo Minsa is related to or competes with Enphase Energy,, Value Grupo, Prudential Plc, Mastercard Incorporated, NVIDIA, Visa, and Eli Lilly. Grupo Minsa, S.A.B. de C.V. produces, distributes, and sells nixtamalized cornmeal under the MINSAA brand name in Mexico More
Grupo Minsa 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 Minsa'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 Minsa SAB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 2.95 | |||
| Potential Upside | 0.2247 |
Grupo Minsa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grupo Minsa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grupo Minsa's standard deviation. In reality, there are many statistical measures that can use Grupo Minsa historical prices to predict the future Grupo Minsa's volatility.| Risk Adjusted Performance | 0.0633 | |||
| Jensen Alpha | 0.0363 | |||
| Total Risk Alpha | 0.0073 | |||
| Treynor Ratio | 0.6126 |
Grupo Minsa SAB Backtested Returns
At this point, Grupo Minsa is very steady. Grupo Minsa SAB holds Efficiency (Sharpe) Ratio of 0.22, which attests that the entity had a 0.22% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Grupo Minsa SAB, which you can use to evaluate the volatility of the firm. Please check out Grupo Minsa's Market Risk Adjusted Performance of 0.6226, standard deviation of 0.5828, and Risk Adjusted Performance of 0.0633 to validate if the risk estimate we provide is consistent with the expected return of 0.1%. Grupo Minsa has a performance score of 17 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0638, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Grupo Minsa's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grupo Minsa is expected to be smaller as well. Grupo Minsa SAB right now retains a risk of 0.47%. Please check out Grupo Minsa variance, as well as the relationship between the potential upside and day median price , to decide if Grupo Minsa will be following its current trending patterns.
Auto-correlation | -0.26 |
Weak reverse predictability
Grupo Minsa SAB has weak reverse predictability. Overlapping area represents the amount of predictability between Grupo Minsa time series from 3rd of December 2023 to 15th of June 2024 and 15th of June 2024 to 27th 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 Minsa SAB price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Grupo Minsa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Grupo Minsa SAB lagged returns against current returns
Autocorrelation, which is Grupo Minsa 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 Minsa's stock expected returns. We can calculate the autocorrelation of Grupo Minsa returns to help us make a trade decision. For example, suppose you find that Grupo Minsa 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 Minsa 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 Minsa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupo Minsa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupo Minsa stock over time.
Current vs Lagged Prices |
| Timeline |
Grupo Minsa Lagged Returns
When evaluating Grupo Minsa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grupo Minsa stock have on its future price. Grupo Minsa 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 Minsa autocorrelation shows the relationship between Grupo Minsa stock current value and its past values and can show if there is a momentum factor associated with investing in Grupo Minsa SAB.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Grupo Stock
Grupo Minsa financial ratios help investors to determine whether Grupo Stock 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 Minsa security.