Industrias Penoles (Germany) Market Value
| 4FO Stock | EUR 13.40 0.50 3.88% |
| Symbol | Industrias |
Industrias Penoles '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 Industrias Penoles' 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 Industrias Penoles.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Industrias Penoles on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Industrias Penoles Sab or generate 0.0% return on investment in Industrias Penoles over 30 days. Industrias Penoles is related to or competes with DEVRY EDUCATION, Perdoceo Education, Media, Penn National, Boyd Gaming, QINGCI GAMES, and G8 EDUCATION. Industrias Peoles, S.A.B. de C.V., together with its subsidiaries, engages in the exploration, extraction, and sale of m... More
Industrias Penoles 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 Industrias Penoles' 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 Industrias Penoles Sab upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.87 | |||
| Information Ratio | 0.076 | |||
| Maximum Drawdown | 22.63 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 5.88 |
Industrias Penoles Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Industrias Penoles' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Industrias Penoles' standard deviation. In reality, there are many statistical measures that can use Industrias Penoles historical prices to predict the future Industrias Penoles' volatility.| Risk Adjusted Performance | 0.0939 | |||
| Jensen Alpha | 0.3427 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0744 | |||
| Treynor Ratio | 0.7296 |
Industrias Penoles Sab Backtested Returns
Industrias Penoles appears to be somewhat reliable, given 3 months investment horizon. Industrias Penoles Sab holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Industrias Penoles Sab, which you can use to evaluate the volatility of the firm. Please utilize Industrias Penoles' Downside Deviation of 3.87, risk adjusted performance of 0.0939, and Market Risk Adjusted Performance of 0.7396 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Industrias Penoles holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of 0.57, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Industrias Penoles' returns are expected to increase less than the market. However, during the bear market, the loss of holding Industrias Penoles is expected to be smaller as well. Please check Industrias Penoles' market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Industrias Penoles' current trending patterns will revert.
Auto-correlation | 0.52 |
Modest predictability
Industrias Penoles Sab has modest predictability. Overlapping area represents the amount of predictability between Industrias Penoles time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Industrias Penoles Sab price movement. The serial correlation of 0.52 indicates that about 52.0% of current Industrias Penoles price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Industrias Penoles Sab lagged returns against current returns
Autocorrelation, which is Industrias Penoles 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 Industrias Penoles' stock expected returns. We can calculate the autocorrelation of Industrias Penoles returns to help us make a trade decision. For example, suppose you find that Industrias Penoles 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 |
Industrias Penoles 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 Industrias Penoles stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Industrias Penoles stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Industrias Penoles stock over time.
Current vs Lagged Prices |
| Timeline |
Industrias Penoles Lagged Returns
When evaluating Industrias Penoles' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Industrias Penoles stock have on its future price. Industrias Penoles 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, Industrias Penoles autocorrelation shows the relationship between Industrias Penoles stock current value and its past values and can show if there is a momentum factor associated with investing in Industrias Penoles Sab.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Industrias Stock
Industrias Penoles financial ratios help investors to determine whether Industrias 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 Industrias with respect to the benefits of owning Industrias Penoles security.