Petrleos Mexicanos 425 Market Value
| 71654QBV3 | 94.88 4.47 4.50% |
| Symbol | Petrleos |
Petrleos '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 Petrleos' 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 Petrleos.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Petrleos on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Petrleos Mexicanos 425 or generate 0.0% return on investment in Petrleos over 30 days. Petrleos is related to or competes with Datadog, Nuvalent, Nextplat Corp, BioNTech, VirnetX Holding, and NetSol Technologies. More
Petrleos 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 Petrleos' 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 Petrleos Mexicanos 425 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 5.74 | |||
| Value At Risk | (1.87) | |||
| Potential Upside | 1.78 |
Petrleos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Petrleos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Petrleos' standard deviation. In reality, there are many statistical measures that can use Petrleos historical prices to predict the future Petrleos' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 1.05 |
Petrleos Mexicanos 425 Backtested Returns
Petrleos Mexicanos 425 maintains Sharpe Ratio (i.e., Efficiency) of -0.0767, which implies the entity had a -0.0767% return per unit of risk over the last 3 months. Petrleos Mexicanos 425 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Petrleos' Variance of 1.25, coefficient of variation of (1,759), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The bond holds a Beta of -0.0701, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Petrleos are expected to decrease at a much lower rate. During the bear market, Petrleos is likely to outperform the market.
Auto-correlation | -0.34 |
Poor reverse predictability
Petrleos Mexicanos 425 has poor reverse predictability. Overlapping area represents the amount of predictability between Petrleos 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 Petrleos Mexicanos 425 price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Petrleos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 1.95 |
Petrleos Mexicanos 425 lagged returns against current returns
Autocorrelation, which is Petrleos 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 Petrleos' bond expected returns. We can calculate the autocorrelation of Petrleos returns to help us make a trade decision. For example, suppose you find that Petrleos 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 |
Petrleos 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 Petrleos bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Petrleos bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Petrleos bond over time.
Current vs Lagged Prices |
| Timeline |
Petrleos Lagged Returns
When evaluating Petrleos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Petrleos bond have on its future price. Petrleos 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, Petrleos autocorrelation shows the relationship between Petrleos bond current value and its past values and can show if there is a momentum factor associated with investing in Petrleos Mexicanos 425.
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 Petrleos Bond
Petrleos financial ratios help investors to determine whether Petrleos 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 Petrleos with respect to the benefits of owning Petrleos security.