Tv Azteca Sab Stock Market Value
| AZTEF Stock | USD 0.0002 0.00 0.00% |
| Symbol | AZTEF |
TV Azteca '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 TV Azteca's pink sheet 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 TV Azteca.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in TV Azteca on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding TV Azteca SAB or generate 0.0% return on investment in TV Azteca over 180 days. TV Azteca is related to or competes with ProSiebenSat1 Media, RTL Group, IHeartMedia, ITV PLC, and RTL Group. TV Azteca, S.A.B. de C.V., together with its subsidiaries, engages in the production of Spanish-language television cont... More
TV Azteca 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 TV Azteca's pink sheet 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 TV Azteca SAB upside and downside potential and time the market with a certain degree of confidence.
TV Azteca Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TV Azteca's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TV Azteca's standard deviation. In reality, there are many statistical measures that can use TV Azteca historical prices to predict the future TV Azteca's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TV Azteca'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.
TV Azteca SAB Backtested Returns
We have found three technical indicators for TV Azteca, which you can use to evaluate the volatility of the company. The entity owns a Beta (Systematic Risk) of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and TV Azteca are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
TV Azteca SAB has no correlation between past and present. Overlapping area represents the amount of predictability between TV Azteca time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 TV Azteca SAB price movement. The serial correlation of 0.0 indicates that just 0.0% of current TV Azteca price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TV Azteca SAB lagged returns against current returns
Autocorrelation, which is TV Azteca pink sheet'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 TV Azteca's pink sheet expected returns. We can calculate the autocorrelation of TV Azteca returns to help us make a trade decision. For example, suppose you find that TV Azteca has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
TV Azteca 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 TV Azteca pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TV Azteca pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TV Azteca pink sheet over time.
Current vs Lagged Prices |
| Timeline |
TV Azteca Lagged Returns
When evaluating TV Azteca's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TV Azteca pink sheet have on its future price. TV Azteca 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, TV Azteca autocorrelation shows the relationship between TV Azteca pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TV Azteca SAB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AZTEF Pink Sheet
TV Azteca financial ratios help investors to determine whether AZTEF Pink Sheet 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 AZTEF with respect to the benefits of owning TV Azteca security.