Fibra Mty (Mexico) Market Value
| FMTY14 Stock | MXN 10.16 0.01 0.1% |
| Symbol | Fibra |
Fibra Mty '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 Fibra Mty'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 Fibra Mty.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Fibra Mty on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Fibra Mty SAPI or generate 0.0% return on investment in Fibra Mty over 30 days. Fibra Mty is related to or competes with Samsung Electronics, Deutsche Bank, First Republic, New Oriental, Verizon Communications, Prudential Financial, and Lloyds Banking. FIBRA MTY, S.A.P.I. de C.V. operates as a real estate investment trust in Mexico More
Fibra Mty 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 Fibra Mty'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 Fibra Mty SAPI upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.57 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.6 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 2.17 |
Fibra Mty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fibra Mty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fibra Mty's standard deviation. In reality, there are many statistical measures that can use Fibra Mty historical prices to predict the future Fibra Mty's volatility.| Risk Adjusted Performance | 0.0148 | |||
| Jensen Alpha | 0.0192 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.13) |
Fibra Mty SAPI Backtested Returns
At this point, Fibra Mty is not too volatile. Fibra Mty SAPI secures Sharpe Ratio (or Efficiency) of 0.0128, which denotes the company had a 0.0128% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Fibra Mty SAPI, which you can use to evaluate the volatility of the firm. Please confirm Fibra Mty's Semi Deviation of 1.49, downside deviation of 1.57, and Mean Deviation of 1.11 to check if the risk estimate we provide is consistent with the expected return of 0.0198%. Fibra Mty has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0737, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fibra Mty are expected to decrease at a much lower rate. During the bear market, Fibra Mty is likely to outperform the market. Fibra Mty SAPI right now shows a risk of 1.54%. Please confirm Fibra Mty SAPI jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to decide if Fibra Mty SAPI will be following its price patterns.
Auto-correlation | 0.20 |
Weak predictability
Fibra Mty SAPI has weak predictability. Overlapping area represents the amount of predictability between Fibra Mty time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Fibra Mty SAPI price movement. The serial correlation of 0.2 indicates that over 20.0% of current Fibra Mty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Fibra Mty SAPI lagged returns against current returns
Autocorrelation, which is Fibra Mty 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 Fibra Mty's stock expected returns. We can calculate the autocorrelation of Fibra Mty returns to help us make a trade decision. For example, suppose you find that Fibra Mty 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 |
Fibra Mty 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 Fibra Mty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fibra Mty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fibra Mty stock over time.
Current vs Lagged Prices |
| Timeline |
Fibra Mty Lagged Returns
When evaluating Fibra Mty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fibra Mty stock have on its future price. Fibra Mty 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, Fibra Mty autocorrelation shows the relationship between Fibra Mty stock current value and its past values and can show if there is a momentum factor associated with investing in Fibra Mty SAPI.
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 Fibra Stock
Fibra Mty financial ratios help investors to determine whether Fibra 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 Fibra with respect to the benefits of owning Fibra Mty security.