Grupo Bimbo (Mexico) Market Value
| BIMBOA Stock | MXN 60.77 1.12 1.88% |
| Symbol | Grupo |
Grupo Bimbo '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 Bimbo'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 Bimbo.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Grupo Bimbo on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Grupo Bimbo SAB or generate 0.0% return on investment in Grupo Bimbo over 720 days. Grupo Bimbo is related to or competes with CEMEX SAB, Fomento Econmico, Alsea SAB, Gruma SAB, and Grupo Financiero. Grupo Bimbo, S.A.B. de C.V., together with its subsidiaries, produces, distributes, and sells various bakery products More
Grupo Bimbo 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 Bimbo'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 Bimbo SAB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 8.7 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 2.85 |
Grupo Bimbo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grupo Bimbo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grupo Bimbo's standard deviation. In reality, there are many statistical measures that can use Grupo Bimbo historical prices to predict the future Grupo Bimbo's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (1.01) |
Grupo Bimbo SAB Backtested Returns
Grupo Bimbo SAB holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. Grupo Bimbo SAB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grupo Bimbo's Risk Adjusted Performance of (0.06), standard deviation of 1.81, and Market Risk Adjusted Performance of (1.00) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Grupo Bimbo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grupo Bimbo is expected to be smaller as well. At this point, Grupo Bimbo SAB has a negative expected return of -0.23%. Please make sure to check out Grupo Bimbo's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Grupo Bimbo SAB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.19 |
Very weak predictability
Grupo Bimbo SAB has very weak predictability. Overlapping area represents the amount of predictability between Grupo Bimbo time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Bimbo SAB price movement. The serial correlation of 0.19 indicates that over 19.0% of current Grupo Bimbo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 46.17 |
Grupo Bimbo SAB lagged returns against current returns
Autocorrelation, which is Grupo Bimbo 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 Bimbo's stock expected returns. We can calculate the autocorrelation of Grupo Bimbo returns to help us make a trade decision. For example, suppose you find that Grupo Bimbo 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 Bimbo 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 Bimbo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupo Bimbo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupo Bimbo stock over time.
Current vs Lagged Prices |
| Timeline |
Grupo Bimbo Lagged Returns
When evaluating Grupo Bimbo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grupo Bimbo stock have on its future price. Grupo Bimbo 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 Bimbo autocorrelation shows the relationship between Grupo Bimbo stock current value and its past values and can show if there is a momentum factor associated with investing in Grupo Bimbo SAB.
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 Grupo Stock
Grupo Bimbo 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 Bimbo security.