Grupe SAB (Mexico) Market Value
| CIDMEGA Stock | MXN 33.89 0.00 0.00% |
| Symbol | Grupe |
Grupe 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 Grupe 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 Grupe SAB.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Grupe SAB on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Grupe SAB de or generate 0.0% return on investment in Grupe SAB over 30 days. Grupe SAB is related to or competes with Burlington Stores, McEwen Mining, New Oriental, Samsung Electronics, DXC Technology, FibraHotel, and Monster Beverage. Grupe, S.A.B. de C.V. operates in the hospitality sector in Mexico More
Grupe 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 Grupe 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 Grupe SAB de upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.61) | |||
| Maximum Drawdown | 1.88 |
Grupe SAB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grupe SAB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grupe SAB's standard deviation. In reality, there are many statistical measures that can use Grupe SAB historical prices to predict the future Grupe SAB's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 1.81 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Grupe SAB's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Grupe SAB de Backtested Returns
Grupe SAB de holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Grupe SAB de exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grupe SAB's Standard Deviation of 0.2427, risk adjusted performance of (0.14), and Market Risk Adjusted Performance of 1.82 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0263, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Grupe SAB are expected to decrease at a much lower rate. During the bear market, Grupe SAB is likely to outperform the market. At this point, Grupe SAB de has a negative expected return of -0.0375%. Please make sure to check out Grupe SAB's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Grupe SAB de performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.33 |
Below average predictability
Grupe SAB de has below average predictability. Overlapping area represents the amount of predictability between Grupe SAB time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Grupe SAB de price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Grupe SAB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Grupe SAB de lagged returns against current returns
Autocorrelation, which is Grupe 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 Grupe SAB's stock expected returns. We can calculate the autocorrelation of Grupe SAB returns to help us make a trade decision. For example, suppose you find that Grupe 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 |
Grupe 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 Grupe SAB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupe SAB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupe SAB stock over time.
Current vs Lagged Prices |
| Timeline |
Grupe SAB Lagged Returns
When evaluating Grupe SAB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grupe SAB stock have on its future price. Grupe 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, Grupe SAB autocorrelation shows the relationship between Grupe SAB stock current value and its past values and can show if there is a momentum factor associated with investing in Grupe 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 Grupe Stock
Grupe SAB financial ratios help investors to determine whether Grupe 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 Grupe with respect to the benefits of owning Grupe SAB security.