Grupo Rotoplas (Mexico) Market Value
| AGUA Stock | MXN 18.13 0.47 2.66% |
| Symbol | Grupo |
Grupo Rotoplas '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 Rotoplas' 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 Rotoplas.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Grupo Rotoplas on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Grupo Rotoplas SAB or generate 0.0% return on investment in Grupo Rotoplas over 720 days. Grupo Rotoplas is related to or competes with Grupo Comercial, Grupo Herdez, Nemak S, and Controladora Vuela. Grupo Rotoplas S.A.B. de C.V., together with its subsidiaries, manufactures, purchases, sells, and installs plastic cont... More
Grupo Rotoplas 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 Rotoplas' 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 Rotoplas SAB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 14.74 | |||
| Value At Risk | (3.52) | |||
| Potential Upside | 2.66 |
Grupo Rotoplas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grupo Rotoplas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grupo Rotoplas' standard deviation. In reality, there are many statistical measures that can use Grupo Rotoplas historical prices to predict the future Grupo Rotoplas' volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (0.83) | |||
| Treynor Ratio | (0.86) |
Grupo Rotoplas SAB Backtested Returns
Grupo Rotoplas 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. Grupo Rotoplas SAB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grupo Rotoplas' Standard Deviation of 2.17, risk adjusted performance of (0.15), and Market Risk Adjusted Performance of (0.85) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.54, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Grupo Rotoplas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Grupo Rotoplas is expected to be smaller as well. At this point, Grupo Rotoplas SAB has a negative expected return of -0.48%. Please make sure to check out Grupo Rotoplas' maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Grupo Rotoplas SAB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.39 |
Below average predictability
Grupo Rotoplas SAB has below average predictability. Overlapping area represents the amount of predictability between Grupo Rotoplas time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 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 Grupo Rotoplas SAB price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Grupo Rotoplas price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 9.78 |
Grupo Rotoplas SAB lagged returns against current returns
Autocorrelation, which is Grupo Rotoplas 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 Rotoplas' stock expected returns. We can calculate the autocorrelation of Grupo Rotoplas returns to help us make a trade decision. For example, suppose you find that Grupo Rotoplas 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 Rotoplas 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 Rotoplas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupo Rotoplas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupo Rotoplas stock over time.
Current vs Lagged Prices |
| Timeline |
Grupo Rotoplas Lagged Returns
When evaluating Grupo Rotoplas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grupo Rotoplas stock have on its future price. Grupo Rotoplas 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 Rotoplas autocorrelation shows the relationship between Grupo Rotoplas stock current value and its past values and can show if there is a momentum factor associated with investing in Grupo Rotoplas SAB.
Regressed Prices |
| Timeline |
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When running Grupo Rotoplas' price analysis, check to measure Grupo Rotoplas' 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 Rotoplas is operating at the current time. Most of Grupo Rotoplas' value examination focuses on studying past and present price action to predict the probability of Grupo Rotoplas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Rotoplas' price. Additionally, you may evaluate how the addition of Grupo Rotoplas to your portfolios can decrease your overall portfolio volatility.