Vitro SAB (Mexico) Market Value
| VITROA Stock | MXN 8.88 0.29 3.38% |
| Symbol | Vitro |
Vitro SAB '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 Vitro SAB'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 Vitro SAB.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Vitro SAB on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Vitro SAB de or generate 0.0% return on investment in Vitro SAB over 30 days. Vitro SAB is related to or competes with Ameriprise Financial, Monster Beverage, DXC Technology, First Majestic, First Republic, and Bank of Nova Scotia. V., through its subsidiaries, manufactures, processes, distributes, and sells a range of glass products worldwide More
Vitro SAB 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 Vitro SAB'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 Vitro SAB de upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.37 | |||
| Information Ratio | (0.0006) | |||
| Maximum Drawdown | 8.95 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 3.07 |
Vitro SAB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vitro SAB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vitro SAB's standard deviation. In reality, there are many statistical measures that can use Vitro SAB historical prices to predict the future Vitro SAB's volatility.| Risk Adjusted Performance | 0.0269 | |||
| Jensen Alpha | 0.0463 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.0004) | |||
| Treynor Ratio | (0.09) |
Vitro SAB de Backtested Returns
Vitro SAB de owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.006, which indicates the firm had a -0.006% return per unit of risk over the last 3 months. Vitro SAB de exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vitro SAB's Risk Adjusted Performance of 0.0269, semi deviation of 1.34, and Coefficient Of Variation of 3662.67 to confirm the risk estimate we provide. The entity has a beta of -0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Vitro SAB are expected to decrease at a much lower rate. During the bear market, Vitro SAB is likely to outperform the market. At this point, Vitro SAB de has a negative expected return of -0.0095%. Please make sure to validate Vitro SAB's sortino ratio, semi variance, as well as the relationship between the Semi Variance and day median price , to decide if Vitro SAB de performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.7 |
Very good reverse predictability
Vitro SAB de has very good reverse predictability. Overlapping area represents the amount of predictability between Vitro SAB 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 Vitro SAB de price movement. The serial correlation of -0.7 indicates that around 70.0% of current Vitro SAB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Vitro SAB de lagged returns against current returns
Autocorrelation, which is Vitro SAB 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 Vitro SAB's stock expected returns. We can calculate the autocorrelation of Vitro SAB returns to help us make a trade decision. For example, suppose you find that Vitro SAB 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 |
Vitro SAB 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 Vitro SAB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vitro SAB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vitro SAB stock over time.
Current vs Lagged Prices |
| Timeline |
Vitro SAB Lagged Returns
When evaluating Vitro SAB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vitro SAB stock have on its future price. Vitro SAB 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, Vitro SAB autocorrelation shows the relationship between Vitro SAB stock current value and its past values and can show if there is a momentum factor associated with investing in Vitro SAB de.
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 Vitro Stock
Vitro SAB financial ratios help investors to determine whether Vitro 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 Vitro with respect to the benefits of owning Vitro SAB security.