Casa De (Mexico) Market Value
| FINAMEXO | MXN 29.36 0.00 0.00% |
| Symbol | Casa |
Casa De '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 Casa De'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 Casa De.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Casa De on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Casa de Bolsa or generate 0.0% return on investment in Casa De over 30 days. Casa De is related to or competes with Samsung Electronics, Sony, Taiwan Semiconductor, and Alibaba Group. Casa de Bolsa Finamex S.A.B. de C.V. operates as a provider of access services to the Mexican markets More
Casa De 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 Casa De'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 Casa de Bolsa upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 3.02 |
Casa De Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Casa De's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Casa De's standard deviation. In reality, there are many statistical measures that can use Casa De historical prices to predict the future Casa De's volatility.| Risk Adjusted Performance | 0.0797 | |||
| Jensen Alpha | 0.0434 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.42) |
Casa de Bolsa Backtested Returns
At this stage we consider Casa Stock to be very steady. Casa de Bolsa secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Casa de Bolsa, which you can use to evaluate the volatility of the firm. Please confirm Casa De's Risk Adjusted Performance of 0.0797, standard deviation of 0.3714, and Mean Deviation of 0.0901 to double-check if the risk estimate we provide is consistent with the expected return of 0.0495%. Casa De has a performance score of 10 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.085, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Casa De are expected to decrease at a much lower rate. During the bear market, Casa De is likely to outperform the market. Casa de Bolsa right now shows a risk of 0.39%. Please confirm Casa de Bolsa treynor ratio and rate of daily change , to decide if Casa de Bolsa will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Casa de Bolsa has no correlation between past and present. Overlapping area represents the amount of predictability between Casa De time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Casa de Bolsa price movement. The serial correlation of 0.0 indicates that just 0.0% of current Casa De 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 |
Casa de Bolsa lagged returns against current returns
Autocorrelation, which is Casa De 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 Casa De's stock expected returns. We can calculate the autocorrelation of Casa De returns to help us make a trade decision. For example, suppose you find that Casa De 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 |
Casa De 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 Casa De stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Casa De stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Casa De stock over time.
Current vs Lagged Prices |
| Timeline |
Casa De Lagged Returns
When evaluating Casa De's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Casa De stock have on its future price. Casa De 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, Casa De autocorrelation shows the relationship between Casa De stock current value and its past values and can show if there is a momentum factor associated with investing in Casa de Bolsa.
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.Additional Tools for Casa Stock Analysis
When running Casa De's price analysis, check to measure Casa De'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 Casa De is operating at the current time. Most of Casa De's value examination focuses on studying past and present price action to predict the probability of Casa De's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Casa De's price. Additionally, you may evaluate how the addition of Casa De to your portfolios can decrease your overall portfolio volatility.