Grupo Nacional (Mexico) Market Value
| GNP Stock | MXN 112.00 28.00 20.00% |
| Symbol | Grupo |
Grupo Nacional '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 Nacional'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 Nacional.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Grupo Nacional on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Grupo Nacional Provincial or generate 0.0% return on investment in Grupo Nacional over 720 days. Grupo Nacional is related to or competes with Samsung Electronics, Taiwan Semiconductor, JPMorgan Chase, Bank of America, HSBC Holdings, and Citigroup. Grupo Nacional Provincial, S.A.B. provides various insurance products in Mexico More
Grupo Nacional 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 Nacional'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 Nacional Provincial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 0.1427 |
Grupo Nacional Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grupo Nacional's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grupo Nacional's standard deviation. In reality, there are many statistical measures that can use Grupo Nacional historical prices to predict the future Grupo Nacional's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.73) | |||
| Treynor Ratio | 2.1 |
Grupo Nacional Provincial Backtested Returns
Grupo Nacional Provincial holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. Grupo Nacional Provincial exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grupo Nacional's Market Risk Adjusted Performance of 2.11, risk adjusted performance of (0.09), and Standard Deviation of 2.46 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Grupo Nacional are expected to decrease at a much lower rate. During the bear market, Grupo Nacional is likely to outperform the market. At this point, Grupo Nacional Provincial has a negative expected return of -0.33%. Please make sure to check out Grupo Nacional's total risk alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and day typical price , to decide if Grupo Nacional Provincial performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Grupo Nacional Provincial has modest predictability. Overlapping area represents the amount of predictability between Grupo Nacional time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Nacional Provincial price movement. The serial correlation of 0.52 indicates that about 52.0% of current Grupo Nacional price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 10.55 |
Grupo Nacional Provincial lagged returns against current returns
Autocorrelation, which is Grupo Nacional 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 Nacional's stock expected returns. We can calculate the autocorrelation of Grupo Nacional returns to help us make a trade decision. For example, suppose you find that Grupo Nacional 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 Nacional 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 Nacional stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupo Nacional stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupo Nacional stock over time.
Current vs Lagged Prices |
| Timeline |
Grupo Nacional Lagged Returns
When evaluating Grupo Nacional's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grupo Nacional stock have on its future price. Grupo Nacional 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 Nacional autocorrelation shows the relationship between Grupo Nacional stock current value and its past values and can show if there is a momentum factor associated with investing in Grupo Nacional Provincial.
Regressed Prices |
| Timeline |
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When running Grupo Nacional's price analysis, check to measure Grupo Nacional'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 Grupo Nacional is operating at the current time. Most of Grupo Nacional's value examination focuses on studying past and present price action to predict the probability of Grupo Nacional's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Nacional's price. Additionally, you may evaluate how the addition of Grupo Nacional to your portfolios can decrease your overall portfolio volatility.