Monex SAB (Mexico) Market Value
| MONEXB Stock | MXN 20.00 0.00 0.00% |
| Symbol | Monex |
Monex SAB '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 Monex SAB'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 Monex SAB.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Monex SAB on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Monex SAB de or generate 0.0% return on investment in Monex SAB over 30 days. Monex SAB is related to or competes with Monster Beverage, Grupo Sports, New Oriental, Capital One, Taiwan Semiconductor, Lloyds Banking, and DXC Technology. Monex, S.A.B. de C.V., together with its subsidiaries, provides various financial services to individuals and companies ... More
Monex SAB 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 Monex SAB'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 Monex SAB de upside and downside potential and time the market with a certain degree of confidence.
Monex SAB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Monex SAB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Monex SAB's standard deviation. In reality, there are many statistical measures that can use Monex SAB historical prices to predict the future Monex SAB's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Monex SAB'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.
Monex SAB de Backtested Returns
We have found three technical indicators for Monex SAB, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Monex SAB are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Monex SAB de has no correlation between past and present. Overlapping area represents the amount of predictability between Monex SAB time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Monex SAB de price movement. The serial correlation of 0.0 indicates that just 0.0% of current Monex SAB 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 |
Monex SAB de lagged returns against current returns
Autocorrelation, which is Monex SAB 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 Monex SAB's stock expected returns. We can calculate the autocorrelation of Monex SAB returns to help us make a trade decision. For example, suppose you find that Monex SAB 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 |
Monex SAB 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 Monex SAB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Monex SAB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Monex SAB stock over time.
Current vs Lagged Prices |
| Timeline |
Monex SAB Lagged Returns
When evaluating Monex SAB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Monex SAB stock have on its future price. Monex SAB 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, Monex SAB autocorrelation shows the relationship between Monex SAB stock current value and its past values and can show if there is a momentum factor associated with investing in Monex SAB de.
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 Monex Stock
Monex SAB financial ratios help investors to determine whether Monex 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 Monex with respect to the benefits of owning Monex SAB security.