America Movil (Netherlands) Market Value
| AMX Index | 874.91 8.36 0.96% |
| Symbol | America |
America Movil '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 America Movil's index 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 America Movil.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in America Movil on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding AMX-Index or generate 0.0% return on investment in America Movil over 90 days.
America Movil 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 America Movil's index 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 AMX-Index upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0943 | |||
| Maximum Drawdown | 5.27 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 1.69 |
America Movil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for America Movil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as America Movil's standard deviation. In reality, there are many statistical measures that can use America Movil historical prices to predict the future America Movil's volatility.America Movil Backtested Returns
America Movil secures Sharpe Ratio (or Efficiency) of 0.0646, which signifies that the index had a 0.0646 % return per unit of volatility over the last 3 months. We have found twenty-one technical indicators for AMX-Index, which you can use to evaluate the volatility of the entity. The index shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and America Movil are completely uncorrelated.
Auto-correlation | -0.15 |
Insignificant reverse predictability
AMX-Index has insignificant reverse predictability. Overlapping area represents the amount of predictability between America Movil time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of America Movil price movement. The serial correlation of -0.15 indicates that less than 15.0% of current America Movil price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 222.26 |
America Movil lagged returns against current returns
Autocorrelation, which is America Movil index'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 America Movil's index expected returns. We can calculate the autocorrelation of America Movil returns to help us make a trade decision. For example, suppose you find that America Movil has exhibited high autocorrelation historically, and you observe that the index 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 |
America Movil 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 America Movil index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if America Movil index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in America Movil index over time.
Current vs Lagged Prices |
| Timeline |
America Movil Lagged Returns
When evaluating America Movil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of America Movil index have on its future price. America Movil 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, America Movil autocorrelation shows the relationship between America Movil index current value and its past values and can show if there is a momentum factor associated with investing in AMX-Index.
Regressed Prices |
| Timeline |