CEMEX 52 17 SEP 30 Market Value
| 151290BX0 | 97.63 0.00 0.00% |
| Symbol | CEMEX |
Please note, there is a significant difference between CEMEX's value and its price as these two are different measures arrived at by different means. Investors typically determine if CEMEX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CEMEX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
CEMEX '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 CEMEX's bond 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 CEMEX.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in CEMEX on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding CEMEX 52 17 SEP 30 or generate 0.0% return on investment in CEMEX over 720 days. CEMEX is related to or competes with 00108WAF7, 90331HPL1, 3M, Alcoa Corp, ATT, Johnson Johnson, and Intel. More
CEMEX 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 CEMEX's bond 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 CEMEX 52 17 SEP 30 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.44 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 13.9 | |||
| Value At Risk | (0.88) | |||
| Potential Upside | 0.9221 |
CEMEX Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CEMEX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CEMEX's standard deviation. In reality, there are many statistical measures that can use CEMEX historical prices to predict the future CEMEX's volatility.| Risk Adjusted Performance | 0.0211 | |||
| Jensen Alpha | 0.0455 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.35) |
CEMEX 52 17 Backtested Returns
At this point, CEMEX is very steady. CEMEX 52 17 secures Sharpe Ratio (or Efficiency) of 0.0014, which signifies that the bond had a 0.0014% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for CEMEX 52 17 SEP 30, which you can use to evaluate the volatility of the entity. Please confirm CEMEX's mean deviation of 0.76, and Risk Adjusted Performance of 0.0211 to double-check if the risk estimate we provide is consistent with the expected return of 0.0054%. The bond shows a Beta (market volatility) of -0.0959, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CEMEX are expected to decrease at a much lower rate. During the bear market, CEMEX is likely to outperform the market.
Auto-correlation | 0.14 |
Insignificant predictability
CEMEX 52 17 SEP 30 has insignificant predictability. Overlapping area represents the amount of predictability between CEMEX time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 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 CEMEX 52 17 price movement. The serial correlation of 0.14 indicates that less than 14.0% of current CEMEX price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 3.54 |
CEMEX 52 17 lagged returns against current returns
Autocorrelation, which is CEMEX bond'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 CEMEX's bond expected returns. We can calculate the autocorrelation of CEMEX returns to help us make a trade decision. For example, suppose you find that CEMEX has exhibited high autocorrelation historically, and you observe that the bond 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 |
CEMEX 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 CEMEX bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CEMEX bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CEMEX bond over time.
Current vs Lagged Prices |
| Timeline |
CEMEX Lagged Returns
When evaluating CEMEX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CEMEX bond have on its future price. CEMEX 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, CEMEX autocorrelation shows the relationship between CEMEX bond current value and its past values and can show if there is a momentum factor associated with investing in CEMEX 52 17 SEP 30.
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 CEMEX Bond
CEMEX financial ratios help investors to determine whether CEMEX Bond 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 CEMEX with respect to the benefits of owning CEMEX security.