Alsea SAB (Mexico) Market Value
| ALSEA Stock | MXN 47.04 0.29 0.61% |
| Symbol | Alsea |
Alsea 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 Alsea 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 Alsea SAB.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Alsea SAB on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding Alsea SAB de or generate 0.0% return on investment in Alsea SAB over 180 days. Alsea SAB is related to or competes with CEMEX SAB, Grupo Financiero, Grupo Bimbo, Fomento Econmico, and Alfa SAB. Alsea, S.A.B. de C.V. operates restaurants in Latin America and Europe More
Alsea 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 Alsea 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 Alsea SAB de upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 9.4 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 2.62 |
Alsea SAB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alsea SAB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alsea SAB's standard deviation. In reality, there are many statistical measures that can use Alsea SAB historical prices to predict the future Alsea SAB's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 2.59 |
Alsea SAB de Backtested Returns
Alsea SAB de secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. Alsea SAB de exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alsea SAB's Risk Adjusted Performance of (0.11), mean deviation of 1.44, and Standard Deviation of 1.79 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Alsea SAB are expected to decrease at a much lower rate. During the bear market, Alsea SAB is likely to outperform the market. At this point, Alsea SAB de has a negative expected return of -0.25%. Please make sure to confirm Alsea SAB's maximum drawdown, kurtosis, day median price, as well as the relationship between the potential upside and daily balance of power , to decide if Alsea SAB de performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.84 |
Very good predictability
Alsea SAB de has very good predictability. Overlapping area represents the amount of predictability between Alsea SAB time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd of November 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 Alsea SAB de price movement. The serial correlation of 0.84 indicates that around 84.0% of current Alsea SAB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 6.57 |
Alsea SAB de lagged returns against current returns
Autocorrelation, which is Alsea 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 Alsea SAB's stock expected returns. We can calculate the autocorrelation of Alsea SAB returns to help us make a trade decision. For example, suppose you find that Alsea 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 |
Alsea 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 Alsea SAB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alsea SAB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alsea SAB stock over time.
Current vs Lagged Prices |
| Timeline |
Alsea SAB Lagged Returns
When evaluating Alsea SAB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alsea SAB stock have on its future price. Alsea 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, Alsea SAB autocorrelation shows the relationship between Alsea SAB stock current value and its past values and can show if there is a momentum factor associated with investing in Alsea 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 Alsea Stock
Alsea SAB financial ratios help investors to determine whether Alsea 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 Alsea with respect to the benefits of owning Alsea SAB security.