OPERADORA (Mexico) Market Value
| SITES1A-1 | 13.69 0.11 0.80% |
| Symbol | OPERADORA |
OPERADORA '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 OPERADORA'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 OPERADORA.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in OPERADORA on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding OPERADORA DE SITES or generate 0.0% return on investment in OPERADORA over 180 days. OPERADORA is related to or competes with FIBRA Storage, Applied Materials, Deutsche Bank, Ross Stores, Bank of Nova Scotia, Prudential Financial, and First Republic. More
OPERADORA 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 OPERADORA'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 OPERADORA DE SITES upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 11.04 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 2.99 |
OPERADORA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OPERADORA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OPERADORA's standard deviation. In reality, there are many statistical measures that can use OPERADORA historical prices to predict the future OPERADORA's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | 2.15 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of OPERADORA'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.
OPERADORA DE SITES Backtested Returns
OPERADORA DE SITES maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14% return per unit of risk over the last 3 months. OPERADORA DE SITES exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OPERADORA's Risk Adjusted Performance of (0.1), mean deviation of 1.65, and Coefficient Of Variation of (729.20) to confirm the risk estimate we provide. The company holds a Beta of -0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning OPERADORA are expected to decrease at a much lower rate. During the bear market, OPERADORA is likely to outperform the market. At this point, OPERADORA DE SITES has a negative expected return of -0.31%. Please make sure to check OPERADORA's treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if OPERADORA DE SITES performance from the past will be repeated at future time.
Auto-correlation | 0.01 |
Virtually no predictability
OPERADORA DE SITES has virtually no predictability. Overlapping area represents the amount of predictability between OPERADORA time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 OPERADORA DE SITES price movement. The serial correlation of 0.01 indicates that just 1.0% of current OPERADORA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 1.47 |
OPERADORA DE SITES lagged returns against current returns
Autocorrelation, which is OPERADORA 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 OPERADORA's stock expected returns. We can calculate the autocorrelation of OPERADORA returns to help us make a trade decision. For example, suppose you find that OPERADORA 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 |
OPERADORA 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 OPERADORA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OPERADORA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OPERADORA stock over time.
Current vs Lagged Prices |
| Timeline |
OPERADORA Lagged Returns
When evaluating OPERADORA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OPERADORA stock have on its future price. OPERADORA 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, OPERADORA autocorrelation shows the relationship between OPERADORA stock current value and its past values and can show if there is a momentum factor associated with investing in OPERADORA DE SITES.
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 OPERADORA Stock
OPERADORA financial ratios help investors to determine whether OPERADORA 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 OPERADORA with respect to the benefits of owning OPERADORA security.