Controladora Vuela (Mexico) Market Value
| VOLARA Stock | MXN 15.91 0.06 0.38% |
| Symbol | Controladora |
Controladora Vuela '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 Controladora Vuela'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 Controladora Vuela.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Controladora Vuela on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Controladora Vuela Compaa or generate 0.0% return on investment in Controladora Vuela over 720 days. Controladora Vuela is related to or competes with Grupo Financiero, Kimberly Clark, Grupo Televisa, and Grupo Bimbo. Controladora Vuela Compaa de Aviacin, S.A.B More
Controladora Vuela 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 Controladora Vuela'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 Controladora Vuela Compaa upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.242 | |||
| Maximum Drawdown | 9.55 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 4.93 |
Controladora Vuela Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Controladora Vuela's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Controladora Vuela's standard deviation. In reality, there are many statistical measures that can use Controladora Vuela historical prices to predict the future Controladora Vuela's volatility.| Risk Adjusted Performance | 0.2391 | |||
| Jensen Alpha | 0.6565 | |||
| Total Risk Alpha | 0.3009 | |||
| Sortino Ratio | 0.2833 | |||
| Treynor Ratio | (3.83) |
Controladora Vuela Compaa Backtested Returns
Controladora Vuela appears to be not too volatile, given 3 months investment horizon. Controladora Vuela Compaa secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the company had a 0.27% return per unit of risk over the last 3 months. By analyzing Controladora Vuela's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please makes use of Controladora Vuela's Risk Adjusted Performance of 0.2391, downside deviation of 1.82, and Mean Deviation of 1.56 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Controladora Vuela holds a performance score of 21. The firm shows a Beta (market volatility) of -0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Controladora Vuela are expected to decrease at a much lower rate. During the bear market, Controladora Vuela is likely to outperform the market. Please check Controladora Vuela's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Controladora Vuela's price patterns will revert.
Auto-correlation | -0.31 |
Poor reverse predictability
Controladora Vuela Compaa has poor reverse predictability. Overlapping area represents the amount of predictability between Controladora Vuela 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 Controladora Vuela Compaa price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Controladora Vuela price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 2.35 |
Controladora Vuela Compaa lagged returns against current returns
Autocorrelation, which is Controladora Vuela 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 Controladora Vuela's stock expected returns. We can calculate the autocorrelation of Controladora Vuela returns to help us make a trade decision. For example, suppose you find that Controladora Vuela 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 |
Controladora Vuela 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 Controladora Vuela stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Controladora Vuela stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Controladora Vuela stock over time.
Current vs Lagged Prices |
| Timeline |
Controladora Vuela Lagged Returns
When evaluating Controladora Vuela's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Controladora Vuela stock have on its future price. Controladora Vuela 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, Controladora Vuela autocorrelation shows the relationship between Controladora Vuela stock current value and its past values and can show if there is a momentum factor associated with investing in Controladora Vuela Compaa.
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 Controladora Stock
Controladora Vuela financial ratios help investors to determine whether Controladora 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 Controladora with respect to the benefits of owning Controladora Vuela security.