Promotora (Mexico) Market Value
| PINFRA Stock | MXN 192.21 5.21 2.79% |
| Symbol | Promotora |
Promotora '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 Promotora'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 Promotora.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Promotora on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Promotora y Operadora or generate 0.0% return on investment in Promotora over 30 days. Promotora is related to or competes with Gruma SAB, Grupo Aeroportuario, Grupo Aeroportuario, Grupo Aeroportuario, and Kimberly Clark. V. engages in the construction, operation, maintenance, financing, and promotion of infrastructure projects in Mexico More
Promotora 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 Promotora'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 Promotora y Operadora upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.68 | |||
| Information Ratio | 0.0134 | |||
| Maximum Drawdown | 6.9 | |||
| Value At Risk | (2.75) | |||
| Potential Upside | 3.16 |
Promotora Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Promotora's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Promotora's standard deviation. In reality, there are many statistical measures that can use Promotora historical prices to predict the future Promotora's volatility.| Risk Adjusted Performance | 0.0724 | |||
| Jensen Alpha | 0.1528 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0139 | |||
| Treynor Ratio | (1.56) |
Promotora y Operadora Backtested Returns
At this point, Promotora is very steady. Promotora y Operadora maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Promotora y Operadora, which you can use to evaluate the volatility of the company. Please check Promotora's Coefficient Of Variation of 1144.03, risk adjusted performance of 0.0724, and Semi Deviation of 1.52 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Promotora has a performance score of 8 on a scale of 0 to 100. The company holds a Beta of -0.0911, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Promotora are expected to decrease at a much lower rate. During the bear market, Promotora is likely to outperform the market. Promotora y Operadora right now holds a risk of 1.72%. Please check Promotora y Operadora value at risk, as well as the relationship between the skewness and day median price , to decide if Promotora y Operadora will be following its historical price patterns.
Auto-correlation | -0.58 |
Good reverse predictability
Promotora y Operadora has good reverse predictability. Overlapping area represents the amount of predictability between Promotora time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Promotora y Operadora price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Promotora price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 52.52 |
Promotora y Operadora lagged returns against current returns
Autocorrelation, which is Promotora 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 Promotora's stock expected returns. We can calculate the autocorrelation of Promotora returns to help us make a trade decision. For example, suppose you find that Promotora 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 |
Promotora 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 Promotora stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Promotora stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Promotora stock over time.
Current vs Lagged Prices |
| Timeline |
Promotora Lagged Returns
When evaluating Promotora's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Promotora stock have on its future price. Promotora 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, Promotora autocorrelation shows the relationship between Promotora stock current value and its past values and can show if there is a momentum factor associated with investing in Promotora y Operadora.
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.Other Information on Investing in Promotora Stock
Promotora financial ratios help investors to determine whether Promotora 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 Promotora with respect to the benefits of owning Promotora security.