Grupo Carso (Germany) Market Value
| 4GF Stock | EUR 5.75 0.25 4.55% |
| Symbol | Grupo |
Grupo Carso '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 Grupo Carso'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 Grupo Carso.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Grupo Carso on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Grupo Carso SAB or generate 0.0% return on investment in Grupo Carso over 90 days. Grupo Carso is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, NorAm Drilling, Talanx AG, and Identiv. Grupo Carso, S.A.B. de C.V., together with its subsidiaries, engages in infrastructure, construction, and energy sectors More
Grupo Carso 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 Grupo Carso'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 Grupo Carso SAB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.01 | |||
| Information Ratio | 0.0239 | |||
| Maximum Drawdown | 14.39 | |||
| Value At Risk | (2.73) | |||
| Potential Upside | 5.66 |
Grupo Carso Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grupo Carso's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grupo Carso's standard deviation. In reality, there are many statistical measures that can use Grupo Carso historical prices to predict the future Grupo Carso's volatility.| Risk Adjusted Performance | 0.0657 | |||
| Jensen Alpha | 0.1499 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0309 | |||
| Treynor Ratio | 0.6066 |
Grupo Carso SAB Backtested Returns
At this point, Grupo Carso is slightly risky. Grupo Carso SAB holds Efficiency (Sharpe) Ratio of 0.0603, which attests that the entity had a 0.0603% return per unit of risk over the last 3 months. We have found thirty technical indicators for Grupo Carso SAB, which you can use to evaluate the volatility of the firm. Please check out Grupo Carso's Downside Deviation of 2.01, risk adjusted performance of 0.0657, and Market Risk Adjusted Performance of 0.6166 to validate if the risk estimate we provide is consistent with the expected return of 0.16%. Grupo Carso has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Grupo Carso's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grupo Carso is expected to be smaller as well. Grupo Carso SAB right now retains a risk of 2.58%. Please check out Grupo Carso total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Grupo Carso will be following its current trending patterns.
Auto-correlation | -0.04 |
Very weak reverse predictability
Grupo Carso SAB has very weak reverse predictability. Overlapping area represents the amount of predictability between Grupo Carso time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st of December 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 Grupo Carso SAB price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Grupo Carso price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Grupo Carso SAB lagged returns against current returns
Autocorrelation, which is Grupo Carso 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 Grupo Carso's stock expected returns. We can calculate the autocorrelation of Grupo Carso returns to help us make a trade decision. For example, suppose you find that Grupo Carso 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 |
Grupo Carso 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 Grupo Carso stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupo Carso stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupo Carso stock over time.
Current vs Lagged Prices |
| Timeline |
Grupo Carso Lagged Returns
When evaluating Grupo Carso's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grupo Carso stock have on its future price. Grupo Carso 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, Grupo Carso autocorrelation shows the relationship between Grupo Carso stock current value and its past values and can show if there is a momentum factor associated with investing in Grupo Carso SAB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Grupo Stock
Grupo Carso financial ratios help investors to determine whether Grupo 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 Grupo with respect to the benefits of owning Grupo Carso security.