Grupo Bimbo Sab Stock Market Value
| BMBOY Stock | USD 11.60 0.36 3.01% |
| 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 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 Grupo Bimbo.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Grupo Bimbo on November 4, 2024 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 30 days. Grupo Bimbo is related to or competes with Treehouse Foods, Lancaster Colony, Utz Brands, Lamb Weston, General Mills, Campbell Soup, and Kraft Heinz. 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 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 Grupo Bimbo SAB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 15.3 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 3.52 |
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 | (0.28) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.33) |
Grupo Bimbo SAB Backtested Returns
Grupo Bimbo SAB holds Efficiency (Sharpe) Ratio of -0.0818, which attests that the entity had a -0.0818% return per unit of risk over the last 3 months. Grupo Bimbo SAB exposes twenty-two 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 2.49, and Market Risk Adjusted Performance of (0.32) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.64, which attests to possible diversification benefits within a given portfolio. 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 -0.2%. Please make sure to check out Grupo Bimbo's total risk alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and relative strength index , to decide if Grupo Bimbo SAB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.21 |
Weak predictability
Grupo Bimbo SAB has weak predictability. Overlapping area represents the amount of predictability between Grupo Bimbo time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 0.21 indicates that over 21.0% of current Grupo Bimbo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Grupo Bimbo SAB lagged returns against current returns
Autocorrelation, which is Grupo Bimbo 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 Grupo Bimbo's pink sheet 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 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 |
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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupo Bimbo pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupo Bimbo pink sheet 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 pink sheet 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 pink sheet 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 |
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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.Additional Tools for Grupo Pink Sheet Analysis
When running Grupo Bimbo's price analysis, check to measure Grupo Bimbo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grupo Bimbo is operating at the current time. Most of Grupo Bimbo's value examination focuses on studying past and present price action to predict the probability of Grupo Bimbo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Bimbo's price. Additionally, you may evaluate how the addition of Grupo Bimbo to your portfolios can decrease your overall portfolio volatility.