AMERICA MOVIL (Mexico) Market Value
| AMXB Stock | 15.40 0.14 0.90% |
| Symbol | AMERICA |
AMERICA MOVIL '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 AMERICA MOVIL'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 AMERICA MOVIL.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in AMERICA MOVIL on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding AMERICA MOVIL SAB or generate 0.0% return on investment in AMERICA MOVIL over 720 days.
AMERICA MOVIL 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 AMERICA MOVIL'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 AMERICA MOVIL SAB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 6.67 | |||
| Value At Risk | (2.63) | |||
| Potential Upside | 1.88 |
AMERICA MOVIL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AMERICA MOVIL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AMERICA MOVIL's standard deviation. In reality, there are many statistical measures that can use AMERICA MOVIL historical prices to predict the future AMERICA MOVIL's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | 0.7224 |
AMERICA MOVIL SAB Backtested Returns
AMERICA MOVIL SAB secures Sharpe Ratio (or Efficiency) of -0.0659, which signifies that the company had a -0.0659% return per unit of risk over the last 3 months. AMERICA MOVIL SAB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AMERICA MOVIL's Mean Deviation of 1.18, standard deviation of 1.48, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AMERICA MOVIL are expected to decrease at a much lower rate. During the bear market, AMERICA MOVIL is likely to outperform the market. At this point, AMERICA MOVIL SAB has a negative expected return of -0.0999%. Please make sure to confirm AMERICA MOVIL's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if AMERICA MOVIL SAB performance from the past will be repeated in the future.
Auto-correlation | -0.31 |
Poor reverse predictability
AMERICA MOVIL SAB has poor reverse predictability. Overlapping area represents the amount of predictability between AMERICA MOVIL time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 AMERICA MOVIL SAB price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current AMERICA MOVIL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
AMERICA MOVIL SAB lagged returns against current returns
Autocorrelation, which is AMERICA MOVIL 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 AMERICA MOVIL's stock expected returns. We can calculate the autocorrelation of AMERICA MOVIL returns to help us make a trade decision. For example, suppose you find that AMERICA MOVIL 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 |
AMERICA MOVIL 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 AMERICA MOVIL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AMERICA MOVIL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AMERICA MOVIL stock over time.
Current vs Lagged Prices |
| Timeline |
AMERICA MOVIL Lagged Returns
When evaluating AMERICA MOVIL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AMERICA MOVIL stock have on its future price. AMERICA MOVIL 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, AMERICA MOVIL autocorrelation shows the relationship between AMERICA MOVIL stock current value and its past values and can show if there is a momentum factor associated with investing in AMERICA MOVIL 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.Additional Tools for AMERICA Stock Analysis
When running AMERICA MOVIL's price analysis, check to measure AMERICA MOVIL's 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 AMERICA MOVIL is operating at the current time. Most of AMERICA MOVIL's value examination focuses on studying past and present price action to predict the probability of AMERICA MOVIL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMERICA MOVIL's price. Additionally, you may evaluate how the addition of AMERICA MOVIL to your portfolios can decrease your overall portfolio volatility.