FIBRA Storage (Mexico) Market Value
| STORAGE18 | MXN 17.49 0.24 1.39% |
| Symbol | FIBRA |
FIBRA Storage '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 FIBRA Storage'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 FIBRA Storage.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in FIBRA Storage on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding FIBRA Storage or generate 0.0% return on investment in FIBRA Storage over 30 days. FIBRA Storage is related to or competes with Southern Copper, Bank of Nova Scotia, Grupo Hotelero, UnitedHealth Group, Prudential Financial, Taiwan Semiconductor, and New Oriental. More
FIBRA Storage 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 FIBRA Storage'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 FIBRA Storage upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | 0.0169 | |||
| Maximum Drawdown | 8.98 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 2.22 |
FIBRA Storage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FIBRA Storage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FIBRA Storage's standard deviation. In reality, there are many statistical measures that can use FIBRA Storage historical prices to predict the future FIBRA Storage's volatility.| Risk Adjusted Performance | 0.0753 | |||
| Jensen Alpha | 0.1263 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0114 | |||
| Treynor Ratio | (5.10) |
FIBRA Storage Backtested Returns
At this point, FIBRA Storage is not too volatile. FIBRA Storage retains Efficiency (Sharpe Ratio) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for FIBRA Storage, which you can use to evaluate the volatility of the firm. Please confirm FIBRA Storage's Market Risk Adjusted Performance of (5.09), coefficient of variation of 1080.12, and Downside Deviation of 2.13 to check if the risk estimate we provide is consistent with the expected return of 0.19%. FIBRA Storage has a performance score of 9 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.0243, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning FIBRA Storage are expected to decrease at a much lower rate. During the bear market, FIBRA Storage is likely to outperform the market. FIBRA Storage at this time owns a risk of 1.49%. Please confirm FIBRA Storage downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if FIBRA Storage will be following its current price history.
Auto-correlation | -0.49 |
Modest reverse predictability
FIBRA Storage has modest reverse predictability. Overlapping area represents the amount of predictability between FIBRA Storage time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 FIBRA Storage price movement. The serial correlation of -0.49 indicates that about 49.0% of current FIBRA Storage price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
FIBRA Storage lagged returns against current returns
Autocorrelation, which is FIBRA Storage 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 FIBRA Storage's stock expected returns. We can calculate the autocorrelation of FIBRA Storage returns to help us make a trade decision. For example, suppose you find that FIBRA Storage 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 |
FIBRA Storage 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 FIBRA Storage stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FIBRA Storage stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FIBRA Storage stock over time.
Current vs Lagged Prices |
| Timeline |
FIBRA Storage Lagged Returns
When evaluating FIBRA Storage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FIBRA Storage stock have on its future price. FIBRA Storage 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, FIBRA Storage autocorrelation shows the relationship between FIBRA Storage stock current value and its past values and can show if there is a momentum factor associated with investing in FIBRA Storage.
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 FIBRA Stock
FIBRA Storage financial ratios help investors to determine whether FIBRA 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 FIBRA with respect to the benefits of owning FIBRA Storage security.