FibraHotel (Mexico) Market Value
| FIHO12 Stock | MXN 8.84 0.15 1.67% |
| Symbol | FibraHotel |
FibraHotel '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 FibraHotel'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 FibraHotel.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in FibraHotel on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding FibraHotel or generate 0.0% return on investment in FibraHotel over 30 days. FibraHotel is related to or competes with United Airlines, Verizon Communications, Bank of Nova Scotia, Deutsche Bank, and Prudential Financial. FibraHotel is a Mexican trust created primarily to acquire, develop and operate hotels in Mexico More
FibraHotel 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 FibraHotel'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 FibraHotel upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.24 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 14.04 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 4.22 |
FibraHotel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FibraHotel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FibraHotel's standard deviation. In reality, there are many statistical measures that can use FibraHotel historical prices to predict the future FibraHotel's volatility.| Risk Adjusted Performance | 0.0121 | |||
| Jensen Alpha | 0.0424 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.02) |
FibraHotel Backtested Returns
At this point, FibraHotel is somewhat reliable. FibraHotel secures Sharpe Ratio (or Efficiency) of 0.0067, which denotes the company had a 0.0067% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for FibraHotel, which you can use to evaluate the volatility of the firm. Please confirm FibraHotel's Downside Deviation of 2.24, semi deviation of 2.14, and Mean Deviation of 1.81 to check if the risk estimate we provide is consistent with the expected return of 0.017%. The firm shows a Beta (market volatility) of -0.36, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning FibraHotel are expected to decrease at a much lower rate. During the bear market, FibraHotel is likely to outperform the market. FibraHotel right now shows a risk of 2.54%. Please confirm FibraHotel downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if FibraHotel will be following its price patterns.
Auto-correlation | -0.59 |
Good reverse predictability
FibraHotel has good reverse predictability. Overlapping area represents the amount of predictability between FibraHotel 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 FibraHotel price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current FibraHotel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
FibraHotel lagged returns against current returns
Autocorrelation, which is FibraHotel 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 FibraHotel's stock expected returns. We can calculate the autocorrelation of FibraHotel returns to help us make a trade decision. For example, suppose you find that FibraHotel 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 |
FibraHotel 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 FibraHotel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FibraHotel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FibraHotel stock over time.
Current vs Lagged Prices |
| Timeline |
FibraHotel Lagged Returns
When evaluating FibraHotel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FibraHotel stock have on its future price. FibraHotel 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, FibraHotel autocorrelation shows the relationship between FibraHotel stock current value and its past values and can show if there is a momentum factor associated with investing in FibraHotel.
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 FibraHotel Stock
FibraHotel financial ratios help investors to determine whether FibraHotel 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 FibraHotel with respect to the benefits of owning FibraHotel security.