Mexico Equity And Fund Market Value
| MXE Fund | USD 8.69 0.19 2.24% |
| Symbol | Mexico |
Mexico Equity '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 Mexico Equity's fund 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 Mexico Equity.
| 01/08/2025 |
| 02/07/2025 |
If you would invest 0.00 in Mexico Equity on January 8, 2025 and sell it all today you would earn a total of 0.00 from holding Mexico Equity And or generate 0.0% return on investment in Mexico Equity over 30 days. Mexico Equity is related to or competes with Korea Closed, Western Asset, New Germany, MFS Charter, Nuveen Core, Pimco New, and Blackrock Muniholdings. Mexico Equity Income Fund Inc. is a closed ended balanced mutual fund launched and managed by Pichardo Asset Management,... More
Mexico Equity 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 Mexico Equity's fund 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 Mexico Equity And upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 5.88 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 2.24 |
Mexico Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mexico Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mexico Equity's standard deviation. In reality, there are many statistical measures that can use Mexico Equity historical prices to predict the future Mexico Equity's volatility.| Risk Adjusted Performance | 0.0396 | |||
| Jensen Alpha | 0.0285 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.2572 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mexico Equity'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.
Mexico Equity And Backtested Returns
At this point, Mexico Equity is not too volatile. Mexico Equity And has Sharpe Ratio of 0.0478, which conveys that the entity had a 0.0478 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mexico Equity, which you can use to evaluate the volatility of the fund. Please verify Mexico Equity's Risk Adjusted Performance of 0.0396, mean deviation of 0.9549, and Downside Deviation of 1.2 to check out if the risk estimate we provide is consistent with the expected return of 0.0563%. The fund secures a Beta (Market Risk) of 0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mexico Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mexico Equity is expected to be smaller as well.
Auto-correlation | 0.27 |
Poor predictability
Mexico Equity And has poor predictability. Overlapping area represents the amount of predictability between Mexico Equity time series from 8th of January 2025 to 23rd of January 2025 and 23rd of January 2025 to 7th 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 Mexico Equity And price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Mexico Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Mexico Equity And lagged returns against current returns
Autocorrelation, which is Mexico Equity fund'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 Mexico Equity's fund expected returns. We can calculate the autocorrelation of Mexico Equity returns to help us make a trade decision. For example, suppose you find that Mexico Equity has exhibited high autocorrelation historically, and you observe that the fund 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 |
Mexico Equity 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 Mexico Equity fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mexico Equity fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mexico Equity fund over time.
Current vs Lagged Prices |
| Timeline |
Mexico Equity Lagged Returns
When evaluating Mexico Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mexico Equity fund have on its future price. Mexico Equity 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, Mexico Equity autocorrelation shows the relationship between Mexico Equity fund current value and its past values and can show if there is a momentum factor associated with investing in Mexico Equity And.
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 Mexico Fund
Mexico Equity financial ratios help investors to determine whether Mexico Fund 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 Mexico with respect to the benefits of owning Mexico Equity security.
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