Internacional (Mexico) Market Value
| CERAMICB | MXN 96.00 0.00 0.00% |
| Symbol | Internacional |
Internacional '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 Internacional'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 Internacional.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Internacional on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Internacional de Cermica or generate 0.0% return on investment in Internacional over 30 days. Internacional is related to or competes with United Airlines, McEwen Mining, CVS Health, Cognizant Technology, Ameriprise Financial, and Hoteles City. Internacional de Cermica, S.A.B. de C.V. engages in the production, marketing, and distribution of ceramic products in M... More
Internacional 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 Internacional'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 Internacional de Cermica upside and downside potential and time the market with a certain degree of confidence.
Internacional Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Internacional's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Internacional's standard deviation. In reality, there are many statistical measures that can use Internacional historical prices to predict the future Internacional's volatility.Internacional de Cermica Backtested Returns
We have found three technical indicators for Internacional de Cermica, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Internacional are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Internacional de Cermica has no correlation between past and present. Overlapping area represents the amount of predictability between Internacional time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Internacional de Cermica price movement. The serial correlation of 0.0 indicates that just 0.0% of current Internacional 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 |
Internacional de Cermica lagged returns against current returns
Autocorrelation, which is Internacional 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 Internacional's stock expected returns. We can calculate the autocorrelation of Internacional returns to help us make a trade decision. For example, suppose you find that Internacional 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 |
Internacional 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 Internacional stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Internacional stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Internacional stock over time.
Current vs Lagged Prices |
| Timeline |
Internacional Lagged Returns
When evaluating Internacional's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Internacional stock have on its future price. Internacional 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, Internacional autocorrelation shows the relationship between Internacional stock current value and its past values and can show if there is a momentum factor associated with investing in Internacional de Cermica.
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 Internacional Stock
Internacional financial ratios help investors to determine whether Internacional 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 Internacional with respect to the benefits of owning Internacional security.