METHANEX P 5125 Market Value
| 59151KAM0 | 94.75 3.36 3.42% |
| Symbol | METHANEX |
Please note, there is a significant difference between METHANEX's value and its price as these two are different measures arrived at by different means. Investors typically determine if METHANEX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, METHANEX'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.
METHANEX '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 METHANEX'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 METHANEX.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in METHANEX on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding METHANEX P 5125 or generate 0.0% return on investment in METHANEX over 540 days. METHANEX is related to or competes with ATT, Home Depot, Cisco Systems, Dupont De, GE Aerospace, Johnson Johnson, and Intel. More
METHANEX 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 METHANEX'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 METHANEX P 5125 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 4.4 | |||
| Value At Risk | (0.98) | |||
| Potential Upside | 0.6139 |
METHANEX Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for METHANEX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as METHANEX's standard deviation. In reality, there are many statistical measures that can use METHANEX historical prices to predict the future METHANEX's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 0.4536 |
METHANEX P 5125 Backtested Returns
METHANEX P 5125 has Sharpe Ratio of -0.11, which conveys that the entity had a -0.11% return per unit of standard deviation over the last 3 months. METHANEX exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify METHANEX's Market Risk Adjusted Performance of 0.4636, mean deviation of 0.3863, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of -0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning METHANEX are expected to decrease at a much lower rate. During the bear market, METHANEX is likely to outperform the market.
Auto-correlation | 0.54 |
Modest predictability
METHANEX P 5125 has modest predictability. Overlapping area represents the amount of predictability between METHANEX time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 METHANEX P 5125 price movement. The serial correlation of 0.54 indicates that about 54.0% of current METHANEX price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 1.05 |
METHANEX P 5125 lagged returns against current returns
Autocorrelation, which is METHANEX 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 METHANEX's bond expected returns. We can calculate the autocorrelation of METHANEX returns to help us make a trade decision. For example, suppose you find that METHANEX 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 |
METHANEX 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 METHANEX bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if METHANEX bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in METHANEX bond over time.
Current vs Lagged Prices |
| Timeline |
METHANEX Lagged Returns
When evaluating METHANEX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of METHANEX bond have on its future price. METHANEX 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, METHANEX autocorrelation shows the relationship between METHANEX bond current value and its past values and can show if there is a momentum factor associated with investing in METHANEX P 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 METHANEX Bond
METHANEX financial ratios help investors to determine whether METHANEX 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 METHANEX with respect to the benefits of owning METHANEX security.