Financiera Independencia (Mexico) Market Value
| FINDEP Stock | MXN 7.85 0.00 0.00% |
| Symbol | Financiera |
Financiera Independencia '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 Financiera Independencia'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 Financiera Independencia.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Financiera Independencia on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Financiera Independencia SAB or generate 0.0% return on investment in Financiera Independencia over 90 days. Financiera Independencia is related to or competes with Applied Materials, Burlington Stores, Grupo Industrial, Ross Stores, McEwen Mining, UnitedHealth Group, and Monster Beverage. SOFOM E.N.R. operates as a microfinance company in Mexico and internationally More
Financiera Independencia 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 Financiera Independencia'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 Financiera Independencia SAB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.306 | |||
| Maximum Drawdown | 1.88 |
Financiera Independencia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Financiera Independencia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Financiera Independencia's standard deviation. In reality, there are many statistical measures that can use Financiera Independencia historical prices to predict the future Financiera Independencia's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (3.92) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Financiera Independencia'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.
Financiera Independencia Backtested Returns
Financiera Independencia secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13 % return per unit of risk over the last 3 months. Financiera Independencia SAB exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Financiera Independencia's Variance of 0.0533, mean deviation of 0.056, and Standard Deviation of 0.2308 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0098, which means not very significant fluctuations relative to the market. As returns on the market increase, Financiera Independencia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Financiera Independencia is expected to be smaller as well. At this point, Financiera Independencia has a negative expected return of -0.0307%. Please make sure to confirm Financiera Independencia's variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to decide if Financiera Independencia performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Financiera Independencia SAB has no correlation between past and present. Overlapping area represents the amount of predictability between Financiera Independencia time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Financiera Independencia price movement. The serial correlation of 0.0 indicates that just 0.0% of current Financiera Independencia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Financiera Independencia lagged returns against current returns
Autocorrelation, which is Financiera Independencia 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 Financiera Independencia's stock expected returns. We can calculate the autocorrelation of Financiera Independencia returns to help us make a trade decision. For example, suppose you find that Financiera Independencia 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 |
Financiera Independencia 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 Financiera Independencia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Financiera Independencia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Financiera Independencia stock over time.
Current vs Lagged Prices |
| Timeline |
Financiera Independencia Lagged Returns
When evaluating Financiera Independencia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Financiera Independencia stock have on its future price. Financiera Independencia 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, Financiera Independencia autocorrelation shows the relationship between Financiera Independencia stock current value and its past values and can show if there is a momentum factor associated with investing in Financiera Independencia SAB.
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 Financiera Stock
Financiera Independencia financial ratios help investors to determine whether Financiera 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 Financiera with respect to the benefits of owning Financiera Independencia security.