La Comer (Mexico) Market Value
| LACOMERUBC | MXN 34.32 0.25 0.73% |
| Symbol | LACOMERUBC |
La Comer '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 La Comer'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 La Comer.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in La Comer on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding La Comer SAB or generate 0.0% return on investment in La Comer over 30 days. La Comer is related to or competes with El Puerto, El Puerto, Organizacin Soriana, Companhia Brasileira. La Comer, S.A.B. de C.V., together with its subsidiaries, operates a chain of self-service stores in Mexico More
La Comer 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 La Comer'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 La Comer SAB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.75 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 12.15 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 3.9 |
La Comer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for La Comer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as La Comer's standard deviation. In reality, there are many statistical measures that can use La Comer historical prices to predict the future La Comer's volatility.| Risk Adjusted Performance | 0.0173 | |||
| Jensen Alpha | 0.0152 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.4474 |
La Comer SAB Backtested Returns
La Comer SAB retains Efficiency (Sharpe Ratio) of -0.1, which conveys that the firm had a -0.1% return per unit of price deviation over the last 3 months. La Comer exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify La Comer's Standard Deviation of 2.02, mean deviation of 1.4, and Market Risk Adjusted Performance of 0.4574 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.0458, which conveys not very significant fluctuations relative to the market. As returns on the market increase, La Comer's returns are expected to increase less than the market. However, during the bear market, the loss of holding La Comer is expected to be smaller as well. At this point, La Comer SAB has a negative expected return of -0.17%. Please make sure to verify La Comer's standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to decide if La Comer SAB performance from the past will be repeated at some future date.
Auto-correlation | -0.89 |
Excellent reverse predictability
La Comer SAB has excellent reverse predictability. Overlapping area represents the amount of predictability between La Comer time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 La Comer SAB price movement. The serial correlation of -0.89 indicates that approximately 89.0% of current La Comer price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.89 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
La Comer SAB lagged returns against current returns
Autocorrelation, which is La Comer 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 La Comer's stock expected returns. We can calculate the autocorrelation of La Comer returns to help us make a trade decision. For example, suppose you find that La Comer 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 |
La Comer 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 La Comer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if La Comer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in La Comer stock over time.
Current vs Lagged Prices |
| Timeline |
La Comer Lagged Returns
When evaluating La Comer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of La Comer stock have on its future price. La Comer 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, La Comer autocorrelation shows the relationship between La Comer stock current value and its past values and can show if there is a momentum factor associated with investing in La Comer 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 LACOMERUBC Stock Analysis
When running La Comer's price analysis, check to measure La Comer'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 La Comer is operating at the current time. Most of La Comer's value examination focuses on studying past and present price action to predict the probability of La Comer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move La Comer's price. Additionally, you may evaluate how the addition of La Comer to your portfolios can decrease your overall portfolio volatility.