Organizacin Cultiba (Mexico) Market Value
| CULTIBAB | MXN 9.99 0.00 0.00% |
| Symbol | Organizacin |
Organizacin Cultiba '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 Organizacin Cultiba'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 Organizacin Cultiba.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Organizacin Cultiba on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Organizacin Cultiba SAB or generate 0.0% return on investment in Organizacin Cultiba over 360 days. Organizacin Cultiba is related to or competes with McEwen Mining, GMxico Transportes, FibraHotel, Verizon Communications, Southwest Airlines, Delta Air, and Monster Beverage. Organizacin Cultiba, S.A.B. de C.V. manufactures, bottles, and distributes various beverage products in Mexico and inter... More
Organizacin Cultiba 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 Organizacin Cultiba'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 Organizacin Cultiba SAB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 8.63 | |||
| Value At Risk | (2.63) | |||
| Potential Upside | 2.5 |
Organizacin Cultiba Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Organizacin Cultiba's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Organizacin Cultiba's standard deviation. In reality, there are many statistical measures that can use Organizacin Cultiba historical prices to predict the future Organizacin Cultiba's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 0.2561 |
Organizacin Cultiba SAB Backtested Returns
Organizacin Cultiba SAB maintains Sharpe Ratio (i.e., Efficiency) of -0.0518, which implies the firm had a -0.0518% return per unit of risk over the last 3 months. Organizacin Cultiba SAB exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Organizacin Cultiba's Coefficient Of Variation of (1,932), variance of 1.68, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The company holds a Beta of -0.3, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Organizacin Cultiba are expected to decrease at a much lower rate. During the bear market, Organizacin Cultiba is likely to outperform the market. At this point, Organizacin Cultiba SAB has a negative expected return of -0.0671%. Please make sure to check Organizacin Cultiba's mean deviation, jensen alpha, as well as the relationship between the Jensen Alpha and kurtosis , to decide if Organizacin Cultiba SAB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.23 |
Weak predictability
Organizacin Cultiba SAB has weak predictability. Overlapping area represents the amount of predictability between Organizacin Cultiba time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Organizacin Cultiba SAB price movement. The serial correlation of 0.23 indicates that over 23.0% of current Organizacin Cultiba price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Organizacin Cultiba SAB lagged returns against current returns
Autocorrelation, which is Organizacin Cultiba 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 Organizacin Cultiba's stock expected returns. We can calculate the autocorrelation of Organizacin Cultiba returns to help us make a trade decision. For example, suppose you find that Organizacin Cultiba 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 |
Organizacin Cultiba 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 Organizacin Cultiba stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Organizacin Cultiba stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Organizacin Cultiba stock over time.
Current vs Lagged Prices |
| Timeline |
Organizacin Cultiba Lagged Returns
When evaluating Organizacin Cultiba's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Organizacin Cultiba stock have on its future price. Organizacin Cultiba 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, Organizacin Cultiba autocorrelation shows the relationship between Organizacin Cultiba stock current value and its past values and can show if there is a momentum factor associated with investing in Organizacin Cultiba 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.Other Information on Investing in Organizacin Stock
Organizacin Cultiba financial ratios help investors to determine whether Organizacin 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 Organizacin with respect to the benefits of owning Organizacin Cultiba security.