Compaa Minera's market value is the price at which a share of Compaa Minera trades on a public exchange. It measures the collective expectations of Compaa Minera Autln investors about its performance. Compaa Minera is trading at 6.67 as of the 10th of January 2025, a 0.30 percent up since the beginning of the trading day. The stock's open price was 6.65. With this module, you can estimate the performance of a buy and hold strategy of Compaa Minera Autln and determine expected loss or profit from investing in Compaa Minera over a given investment horizon. Check out Compaa Minera Correlation, Compaa Minera Volatility and Compaa Minera Alpha and Beta module to complement your research on Compaa Minera.
Please note, there is a significant difference between Compaa Minera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Compaa Minera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Compaa Minera's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Compaa Minera '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 Compaa Minera'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 Compaa Minera.
0.00
01/21/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/10/2025
0.00
If you would invest 0.00 in Compaa Minera on January 21, 2023 and sell it all today you would earn a total of 0.00 from holding Compaa Minera Autln or generate 0.0% return on investment in Compaa Minera over 720 days. Compaa Minera is related to or competes with McEwen Mining, Monster Beverage, GMxico Transportes, and Home Depot. Compaa Minera Autln, S.A.B. de C.V. engages in the manufacture and sale of ferroalloys for the steel industry, mining of... More
Compaa Minera 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 Compaa Minera'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 Compaa Minera Autln upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Compaa Minera's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Compaa Minera's standard deviation. In reality, there are many statistical measures that can use Compaa Minera historical prices to predict the future Compaa Minera's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Compaa Minera. Your research has to be compared to or analyzed against Compaa Minera's peers to derive any actionable benefits. When done correctly, Compaa Minera's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Compaa Minera Autln.
Compaa Minera Autln Backtested Returns
Compaa Minera Autln secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of risk over the last 3 months. Compaa Minera Autln exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Compaa Minera's Mean Deviation of 0.8094, risk adjusted performance of (0.14), and Standard Deviation of 1.36 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.074, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Compaa Minera are expected to decrease at a much lower rate. During the bear market, Compaa Minera is likely to outperform the market. At this point, Compaa Minera Autln has a negative expected return of -0.28%. Please make sure to confirm Compaa Minera's treynor ratio, accumulation distribution, price action indicator, as well as the relationship between the potential upside and day median price , to decide if Compaa Minera Autln performance from the past will be repeated at some point in the near future.
Auto-correlation
0.80
Very good predictability
Compaa Minera Autln has very good predictability. Overlapping area represents the amount of predictability between Compaa Minera time series from 21st of January 2023 to 16th of January 2024 and 16th of January 2024 to 10th of January 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 Compaa Minera Autln price movement. The serial correlation of 0.8 indicates that around 80.0% of current Compaa Minera price fluctuation can be explain by its past prices.
Correlation Coefficient
0.8
Spearman Rank Test
0.83
Residual Average
0.0
Price Variance
1.28
Compaa Minera Autln lagged returns against current returns
Autocorrelation, which is Compaa Minera 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 Compaa Minera's stock expected returns. We can calculate the autocorrelation of Compaa Minera returns to help us make a trade decision. For example, suppose you find that Compaa Minera 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
Compaa Minera 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 Compaa Minera stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Compaa Minera stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Compaa Minera stock over time.
Current vs Lagged Prices
Timeline
Compaa Minera Lagged Returns
When evaluating Compaa Minera's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Compaa Minera stock have on its future price. Compaa Minera 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, Compaa Minera autocorrelation shows the relationship between Compaa Minera stock current value and its past values and can show if there is a momentum factor associated with investing in Compaa Minera Autln.
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.
Compaa Minera financial ratios help investors to determine whether Compaa 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 Compaa with respect to the benefits of owning Compaa Minera security.