Grupo Famsa (Mexico) Market Value
| GFAMSAA Stock | MXN 0.03 0.00 0.00% |
| Symbol | Grupo |
Grupo Famsa '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 Grupo Famsa'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 Grupo Famsa.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Grupo Famsa on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Grupo Famsa SAB or generate 0.0% return on investment in Grupo Famsa over 30 days. Grupo Famsa is related to or competes with Verizon Communications, Martin Marietta, United Airlines, First Republic, and Grupo Hotelero. Grupo Famsa, S.A.B. de C.V. operates in the wholesale and retail of consumer products in Mexico and the United States More
Grupo Famsa 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 Grupo Famsa'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 Grupo Famsa SAB upside and downside potential and time the market with a certain degree of confidence.
Grupo Famsa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grupo Famsa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grupo Famsa's standard deviation. In reality, there are many statistical measures that can use Grupo Famsa historical prices to predict the future Grupo Famsa's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Grupo Famsa'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.
Grupo Famsa SAB Backtested Returns
We have found three technical indicators for Grupo Famsa SAB, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Grupo Famsa are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Grupo Famsa SAB has no correlation between past and present. Overlapping area represents the amount of predictability between Grupo Famsa time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Grupo Famsa SAB price movement. The serial correlation of 0.0 indicates that just 0.0% of current Grupo Famsa price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Grupo Famsa SAB lagged returns against current returns
Autocorrelation, which is Grupo Famsa 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 Grupo Famsa's stock expected returns. We can calculate the autocorrelation of Grupo Famsa returns to help us make a trade decision. For example, suppose you find that Grupo Famsa 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 |
Grupo Famsa 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 Grupo Famsa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupo Famsa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupo Famsa stock over time.
Current vs Lagged Prices |
| Timeline |
Grupo Famsa Lagged Returns
When evaluating Grupo Famsa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grupo Famsa stock have on its future price. Grupo Famsa 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, Grupo Famsa autocorrelation shows the relationship between Grupo Famsa stock current value and its past values and can show if there is a momentum factor associated with investing in Grupo Famsa 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 Grupo Stock
Grupo Famsa financial ratios help investors to determine whether Grupo 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 Grupo with respect to the benefits of owning Grupo Famsa security.