CEMEX 5125 Market Value
| 151290CA9 | 93.75 4.50 4.58% |
| 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.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in CEMEX on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding CEMEX 5125 or generate 0.0% return on investment in CEMEX over 30 days. CEMEX is related to or competes with Eastman Chemical, Radcom, Sensient Technologies, Luxfer Holdings, Iridium Communications, Chemours, and Avient Corp. 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 5125 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 18.77 | |||
| Value At Risk | (0.78) | |||
| Potential Upside | 1.01 |
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 | 0.003 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.07) |
CEMEX 5125 Backtested Returns
CEMEX 5125 secures Sharpe Ratio (or Efficiency) of -0.24, which signifies that the bond had a -0.24% return per unit of risk over the last 3 months. CEMEX 5125 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CEMEX's mean deviation of 0.8049, and Risk Adjusted Performance of 0.003 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CEMEX's returns are expected to increase less than the market. However, during the bear market, the loss of holding CEMEX is expected to be smaller as well.
Auto-correlation | -0.88 |
Excellent reverse predictability
CEMEX 5125 has excellent reverse predictability. Overlapping area represents the amount of predictability between CEMEX 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 CEMEX 5125 price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current CEMEX price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 36.7 |
CEMEX 5125 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 5125.
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.