Grupo Profuturo (Mexico) Market Value
| GPROFUT Stock | MXN 100.00 7.00 7.53% |
| Symbol | Grupo |
Grupo Profuturo '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 Profuturo'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 Profuturo.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Grupo Profuturo on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Grupo Profuturo SAB or generate 0.0% return on investment in Grupo Profuturo over 30 days. Grupo Profuturo is related to or competes with Grupo Sports, Micron Technology, Grupo Carso, Lloyds Banking, Applied Materials, and Verizon Communications. Grupo Profuturo, S.A.B. de C.V. manages the retirement funds of workers affiliated to the IMSS and ISSSTE in Mexico More
Grupo Profuturo 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 Profuturo'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 Profuturo SAB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.53 | |||
| Value At Risk | (0.48) | |||
| Potential Upside | 0.5376 |
Grupo Profuturo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grupo Profuturo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grupo Profuturo's standard deviation. In reality, there are many statistical measures that can use Grupo Profuturo historical prices to predict the future Grupo Profuturo's volatility.| Risk Adjusted Performance | 0.0479 | |||
| Jensen Alpha | 0.0812 | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.25) |
Grupo Profuturo SAB Backtested Returns
Currently, Grupo Profuturo SAB is very steady. Grupo Profuturo SAB holds Efficiency (Sharpe) Ratio of 0.0637, which attests that the entity had a 0.0637% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Grupo Profuturo SAB, which you can use to evaluate the volatility of the firm. Please check out Grupo Profuturo's Risk Adjusted Performance of 0.0479, market risk adjusted performance of (0.24), and Standard Deviation of 1.1 to validate if the risk estimate we provide is consistent with the expected return of 0.0732%. Grupo Profuturo has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Grupo Profuturo are expected to decrease at a much lower rate. During the bear market, Grupo Profuturo is likely to outperform the market. Grupo Profuturo SAB right now retains a risk of 1.15%. Please check out Grupo Profuturo total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Grupo Profuturo will be following its current trending patterns.
Auto-correlation | -0.46 |
Modest reverse predictability
Grupo Profuturo SAB has modest reverse predictability. Overlapping area represents the amount of predictability between Grupo Profuturo time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 Profuturo SAB price movement. The serial correlation of -0.46 indicates that about 46.0% of current Grupo Profuturo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 11.34 |
Grupo Profuturo SAB lagged returns against current returns
Autocorrelation, which is Grupo Profuturo 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 Profuturo's stock expected returns. We can calculate the autocorrelation of Grupo Profuturo returns to help us make a trade decision. For example, suppose you find that Grupo Profuturo 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 Profuturo 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 Profuturo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupo Profuturo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupo Profuturo stock over time.
Current vs Lagged Prices |
| Timeline |
Grupo Profuturo Lagged Returns
When evaluating Grupo Profuturo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grupo Profuturo stock have on its future price. Grupo Profuturo 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 Profuturo autocorrelation shows the relationship between Grupo Profuturo stock current value and its past values and can show if there is a momentum factor associated with investing in Grupo Profuturo SAB.
Regressed Prices |
| Timeline |
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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.Additional Tools for Grupo Stock Analysis
When running Grupo Profuturo's price analysis, check to measure Grupo Profuturo'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 Profuturo is operating at the current time. Most of Grupo Profuturo's value examination focuses on studying past and present price action to predict the probability of Grupo Profuturo'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 Profuturo's price. Additionally, you may evaluate how the addition of Grupo Profuturo to your portfolios can decrease your overall portfolio volatility.