Grupo Carso Sab Stock Market Value
| GPOVF Stock | USD 5.70 0.00 0.00% |
| Symbol | Grupo |
Grupo Carso '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 Carso's pink sheet 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 Carso.
| 08/05/2024 |
| 02/01/2025 |
If you would invest 0.00 in Grupo Carso on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding Grupo Carso SAB or generate 0.0% return on investment in Grupo Carso over 180 days. Grupo Carso is related to or competes with Grupo Bimbo, Grupo Financiero, Arca Continental, and Becle SA. Grupo Carso, S.A.B. de C.V., together with its subsidiaries, engages in the commercial, industrial, infrastructure and c... More
Grupo Carso 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 Carso's pink sheet 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 Carso SAB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 15.38 |
Grupo Carso Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grupo Carso's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grupo Carso's standard deviation. In reality, there are many statistical measures that can use Grupo Carso historical prices to predict the future Grupo Carso's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.51) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Grupo Carso'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 Carso SAB Backtested Returns
Grupo Carso SAB holds Efficiency (Sharpe) Ratio of -0.0926, which attests that the entity had a -0.0926 % return per unit of risk over the last 3 months. Grupo Carso SAB exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grupo Carso's Risk Adjusted Performance of (0.07), market risk adjusted performance of (0.50), and Standard Deviation of 1.95 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Grupo Carso's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grupo Carso is expected to be smaller as well. At this point, Grupo Carso SAB has a negative expected return of -0.18%. Please make sure to check out Grupo Carso's risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if Grupo Carso SAB performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Grupo Carso SAB has insignificant reverse predictability. Overlapping area represents the amount of predictability between Grupo Carso time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st of February 2025. 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 Carso SAB price movement. The serial correlation of -0.16 indicates that over 16.0% of current Grupo Carso price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Grupo Carso SAB lagged returns against current returns
Autocorrelation, which is Grupo Carso pink sheet'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 Carso's pink sheet expected returns. We can calculate the autocorrelation of Grupo Carso returns to help us make a trade decision. For example, suppose you find that Grupo Carso has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Carso 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 Carso pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupo Carso pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupo Carso pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Grupo Carso Lagged Returns
When evaluating Grupo Carso's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grupo Carso pink sheet have on its future price. Grupo Carso 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 Carso autocorrelation shows the relationship between Grupo Carso pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Grupo Carso SAB.
Regressed Prices |
| Timeline |
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Other Information on Investing in Grupo Pink Sheet
Grupo Carso financial ratios help investors to determine whether Grupo Pink Sheet 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 Carso security.