Cemex Sab De Stock Market Value
| CXMSF Stock | USD 0.56 0.04 6.67% |
| 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 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 CEMEX SAB.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in CEMEX SAB on December 16, 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 Vulcan Materials, Martin Marietta, Eagle Materials, CRH PLC, Xinyi Glass, CEMATRIX, and Anhui Conch. 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 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 CEMEX SAB de upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.47 | |||
| Information Ratio | 0.0388 | |||
| Maximum Drawdown | 17.78 | |||
| Value At Risk | (6.15) | |||
| Potential Upside | 5.0 |
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 | 0.0116 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | 0.3754 | |||
| Sortino Ratio | 0.021 | |||
| Treynor Ratio | (0.01) |
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
At this point, CEMEX SAB is abnormally volatile. CEMEX SAB de secures Sharpe Ratio (or Efficiency) of 0.0344, which signifies that the company had a 0.0344 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for CEMEX SAB de, which you can use to evaluate the volatility of the firm. Please confirm CEMEX SAB's mean deviation of 1.33, and Risk Adjusted Performance of 0.0116 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. CEMEX SAB has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CEMEX SAB are expected to decrease at a much lower rate. During the bear market, CEMEX SAB is likely to outperform the market. CEMEX SAB de at this time shows a risk of 3.0%. Please confirm CEMEX SAB de sortino ratio and the relationship between the downside variance and period momentum indicator , to decide if CEMEX SAB de will be following its price patterns.
Auto-correlation | -0.04 |
Very weak reverse predictability
CEMEX SAB de has very weak reverse predictability. Overlapping area represents the amount of predictability between CEMEX SAB time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 -0.04 indicates that only as little as 4.0% of current CEMEX SAB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CEMEX SAB de lagged returns against current returns
Autocorrelation, which is CEMEX SAB 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 CEMEX SAB's pink sheet 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 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 |
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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CEMEX SAB pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CEMEX SAB pink sheet 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 pink sheet 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 pink sheet 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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Additional Information and Resources on Investing in CEMEX Pink Sheet
When determining whether CEMEX SAB de offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CEMEX SAB's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cemex Sab De Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cemex Sab De Stock:Check out CEMEX SAB Correlation, CEMEX SAB Volatility and CEMEX SAB Alpha and Beta module to complement your research on CEMEX SAB. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
CEMEX SAB technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.