CEMEX SAB (Mexico) Market Value
| CEMEXCPO | MXN 12.27 0.13 1.07% |
| Symbol | CEMEX |
CEMEX SAB '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 CEMEX SAB'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 CEMEX SAB.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in CEMEX SAB on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding CEMEX SAB de or generate 0.0% return on investment in CEMEX SAB over 90 days. CEMEX SAB is related to or competes with Grupo Mxico, Alfa SAB, Grupo Financiero, Fomento Econmico, and Grupo Bimbo. CEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concr... More
CEMEX SAB 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 CEMEX SAB'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 CEMEX SAB de upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.97 | |||
| Information Ratio | 0.0873 | |||
| Maximum Drawdown | 16.66 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 2.74 |
CEMEX SAB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CEMEX SAB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CEMEX SAB's standard deviation. In reality, there are many statistical measures that can use CEMEX SAB historical prices to predict the future CEMEX SAB's volatility.| Risk Adjusted Performance | 0.0494 | |||
| Jensen Alpha | 0.1041 | |||
| Total Risk Alpha | 0.3529 | |||
| Sortino Ratio | 0.1008 | |||
| Treynor Ratio | 4.81 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CEMEX SAB'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.
CEMEX SAB de Backtested Returns
Currently, CEMEX SAB de is not too volatile. CEMEX SAB de secures Sharpe Ratio (or Efficiency) of 0.0724, which signifies that the company had a 0.0724 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for CEMEX SAB de, which you can use to evaluate the volatility of the firm. Please confirm CEMEX SAB's risk adjusted performance of 0.0494, and Mean Deviation of 1.51 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. CEMEX SAB has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0212, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CEMEX SAB's returns are expected to increase less than the market. However, during the bear market, the loss of holding CEMEX SAB is expected to be smaller as well. CEMEX SAB de at this time shows a risk of 2.34%. Please confirm CEMEX SAB de downside variance, and the relationship between the sortino ratio and accumulation distribution , to decide if CEMEX SAB de will be following its price patterns.
Auto-correlation | -0.5 |
Modest reverse predictability
CEMEX SAB de has modest reverse predictability. Overlapping area represents the amount of predictability between CEMEX SAB time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th 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 CEMEX SAB de price movement. The serial correlation of -0.5 indicates that about 50.0% of current CEMEX SAB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
CEMEX SAB de lagged returns against current returns
Autocorrelation, which is CEMEX SAB 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 CEMEX SAB's stock expected returns. We can calculate the autocorrelation of CEMEX SAB returns to help us make a trade decision. For example, suppose you find that CEMEX SAB 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 |
CEMEX SAB 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 CEMEX SAB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CEMEX SAB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CEMEX SAB stock over time.
Current vs Lagged Prices |
| Timeline |
CEMEX SAB Lagged Returns
When evaluating CEMEX SAB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CEMEX SAB stock have on its future price. CEMEX SAB 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, CEMEX SAB autocorrelation shows the relationship between CEMEX SAB stock current value and its past values and can show if there is a momentum factor associated with investing in CEMEX SAB de.
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 CEMEX Stock Analysis
When running CEMEX SAB's price analysis, check to measure CEMEX SAB'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 CEMEX SAB is operating at the current time. Most of CEMEX SAB's value examination focuses on studying past and present price action to predict the probability of CEMEX SAB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CEMEX SAB's price. Additionally, you may evaluate how the addition of CEMEX SAB to your portfolios can decrease your overall portfolio volatility.