Wal Mart (Mexico) Market Value
| WALMEX Stock | MXN 53.52 0.25 0.47% |
| Symbol | Wal |
Wal Mart '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 Wal Mart'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 Wal Mart.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Wal Mart on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Wal Mart de Mxico or generate 0.0% return on investment in Wal Mart over 30 days. Wal Mart is related to or competes with Alfa SAB, Grupo Financiero, Fomento Econmico, and Grupo Mxico. Wal-Mart de Mxico, S.A.B. de C.V. owns and operates self-service stores in Mexico and Central America More
Wal Mart 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 Wal Mart'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 Wal Mart de Mxico upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 9.59 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 2.27 |
Wal Mart Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wal Mart's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wal Mart's standard deviation. In reality, there are many statistical measures that can use Wal Mart historical prices to predict the future Wal Mart's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (1.48) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wal Mart's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Wal Mart de Backtested Returns
Wal Mart de shows Sharpe Ratio of -0.12, which attests that the company had a -0.12% return per unit of risk over the last 3 months. Wal Mart de exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wal Mart's Standard Deviation of 1.65, market risk adjusted performance of (1.47), and Mean Deviation of 1.26 to validate the risk estimate we provide. The firm maintains a market beta of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wal Mart's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wal Mart is expected to be smaller as well. At this point, Wal Mart de has a negative expected return of -0.2%. Please make sure to check out Wal Mart's potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if Wal Mart de performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.27 |
Weak reverse predictability
Wal Mart de Mxico has weak reverse predictability. Overlapping area represents the amount of predictability between Wal Mart 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 Wal Mart de price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Wal Mart price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 1.62 |
Wal Mart de lagged returns against current returns
Autocorrelation, which is Wal Mart 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 Wal Mart's stock expected returns. We can calculate the autocorrelation of Wal Mart returns to help us make a trade decision. For example, suppose you find that Wal Mart 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 |
Wal Mart 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 Wal Mart stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wal Mart stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wal Mart stock over time.
Current vs Lagged Prices |
| Timeline |
Wal Mart Lagged Returns
When evaluating Wal Mart's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wal Mart stock have on its future price. Wal Mart 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, Wal Mart autocorrelation shows the relationship between Wal Mart stock current value and its past values and can show if there is a momentum factor associated with investing in Wal Mart de Mxico.
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 Wal Stock
Wal Mart financial ratios help investors to determine whether Wal 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 Wal with respect to the benefits of owning Wal Mart security.