Cemex Sab De Stock Market Value
| CX Stock | USD 5.50 0.05 0.92% |
| Symbol | Cemex |
Cemex SAB de Price To Book Ratio
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cemex SAB. If investors know Cemex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cemex SAB listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 7.031 | Dividend Share 0.002 | Earnings Share 0.2 | Revenue Per Share 11.91 | Quarterly Revenue Growth (0.06) |
The market value of Cemex SAB de is measured differently than its book value, which is the value of Cemex that is recorded on the company's balance sheet. Investors also form their own opinion of Cemex SAB's value that differs from its market value or its book value, called intrinsic value, which is Cemex SAB's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cemex SAB's market value can be influenced by many factors that don't directly affect Cemex SAB's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cemex SAB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cemex SAB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cemex SAB's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Cemex 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 Cemex 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 Cemex SAB.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Cemex SAB on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Cemex SAB de or generate 0.0% return on investment in Cemex SAB over 30 days. Cemex SAB is related to or competes with Martin Marietta, CRH PLC, Eagle Materials, Summit Materials, United States, Vulcan Materials, and James Hardie. CEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concr... More
Cemex 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 Cemex 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 Cemex SAB de upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 13.18 | |||
| Value At Risk | (3.96) | |||
| Potential Upside | 3.31 |
Cemex SAB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cemex SAB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cemex SAB's standard deviation. In reality, there are many statistical measures that can use Cemex SAB historical prices to predict the future Cemex SAB's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cemex 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.
Cemex SAB de Backtested Returns
Cemex SAB de secures Sharpe Ratio (or Efficiency) of -0.0702, which signifies that the company had a -0.0702% return per unit of risk over the last 3 months. Cemex SAB de exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cemex SAB's Standard Deviation of 2.6, risk adjusted performance of (0.06), and Mean Deviation of 1.83 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.31, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cemex SAB will likely underperform. At this point, Cemex SAB de has a negative expected return of -0.18%. Please make sure to confirm Cemex SAB's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Cemex SAB de performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.66 |
Good predictability
Cemex SAB de has good predictability. Overlapping area represents the amount of predictability between Cemex 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 Cemex SAB de price movement. The serial correlation of 0.66 indicates that around 66.0% of current Cemex SAB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Cemex SAB de lagged returns against current returns
Autocorrelation, which is Cemex 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 Cemex SAB's stock expected returns. We can calculate the autocorrelation of Cemex SAB returns to help us make a trade decision. For example, suppose you find that Cemex 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 |
Cemex 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 Cemex SAB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cemex SAB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cemex SAB stock over time.
Current vs Lagged Prices |
| Timeline |
Cemex SAB Lagged Returns
When evaluating Cemex SAB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cemex SAB stock have on its future price. Cemex 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, Cemex SAB autocorrelation shows the relationship between Cemex SAB stock current value and its past values and can show if there is a momentum factor associated with investing in Cemex SAB de.
Regressed Prices |
| Timeline |
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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 Cemex Stock Analysis
When running Cemex SAB's price analysis, check to measure Cemex SAB'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 Cemex SAB is operating at the current time. Most of Cemex SAB's value examination focuses on studying past and present price action to predict the probability of Cemex SAB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cemex SAB's price. Additionally, you may evaluate how the addition of Cemex SAB to your portfolios can decrease your overall portfolio volatility.