FOMECONMEXSAB DCV (Germany) Market Value
| FOMC Stock | EUR 8.85 0.15 1.72% |
| Symbol | FOMECONMEXSAB |
FOMECONMEXSAB DCV '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 FOMECONMEXSAB DCV'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 FOMECONMEXSAB DCV.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in FOMECONMEXSAB DCV on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding FOMECONMEXSAB DCV UTS or generate 0.0% return on investment in FOMECONMEXSAB DCV over 90 days. FOMECONMEXSAB DCV is related to or competes with Neinor Homes, Bet-at-home, Haverty Furniture, and PennantPark Investment. Fomento Econmico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark bevera... More
FOMECONMEXSAB DCV 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 FOMECONMEXSAB DCV'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 FOMECONMEXSAB DCV UTS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | 0.0888 | |||
| Maximum Drawdown | 13.27 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 3.18 |
FOMECONMEXSAB DCV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FOMECONMEXSAB DCV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FOMECONMEXSAB DCV's standard deviation. In reality, there are many statistical measures that can use FOMECONMEXSAB DCV historical prices to predict the future FOMECONMEXSAB DCV's volatility.| Risk Adjusted Performance | 0.0457 | |||
| Jensen Alpha | 0.1323 | |||
| Total Risk Alpha | 0.3799 | |||
| Sortino Ratio | 0.095 | |||
| Treynor Ratio | 0.2653 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FOMECONMEXSAB DCV'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.
FOMECONMEXSAB DCV UTS Backtested Returns
At this point, FOMECONMEXSAB DCV is somewhat reliable. FOMECONMEXSAB DCV UTS secures Sharpe Ratio (or Efficiency) of 0.0454, which denotes the company had a 0.0454 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for FOMECONMEXSAB DCV UTS, which you can use to evaluate the volatility of the firm. Please confirm FOMECONMEXSAB DCV's Downside Deviation of 2.13, mean deviation of 1.62, and Semi Deviation of 1.77 to check if the risk estimate we provide is consistent with the expected return of 0.1%. FOMECONMEXSAB DCV has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.35, which means possible diversification benefits within a given portfolio. As returns on the market increase, FOMECONMEXSAB DCV's returns are expected to increase less than the market. However, during the bear market, the loss of holding FOMECONMEXSAB DCV is expected to be smaller as well. FOMECONMEXSAB DCV UTS currently shows a risk of 2.28%. Please confirm FOMECONMEXSAB DCV UTS information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if FOMECONMEXSAB DCV UTS will be following its price patterns.
Auto-correlation | -0.28 |
Weak reverse predictability
FOMECONMEXSAB DCV UTS has weak reverse predictability. Overlapping area represents the amount of predictability between FOMECONMEXSAB DCV time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 FOMECONMEXSAB DCV UTS price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current FOMECONMEXSAB DCV price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
FOMECONMEXSAB DCV UTS lagged returns against current returns
Autocorrelation, which is FOMECONMEXSAB DCV 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 FOMECONMEXSAB DCV's stock expected returns. We can calculate the autocorrelation of FOMECONMEXSAB DCV returns to help us make a trade decision. For example, suppose you find that FOMECONMEXSAB DCV 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 |
FOMECONMEXSAB DCV 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 FOMECONMEXSAB DCV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FOMECONMEXSAB DCV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FOMECONMEXSAB DCV stock over time.
Current vs Lagged Prices |
| Timeline |
FOMECONMEXSAB DCV Lagged Returns
When evaluating FOMECONMEXSAB DCV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FOMECONMEXSAB DCV stock have on its future price. FOMECONMEXSAB DCV 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, FOMECONMEXSAB DCV autocorrelation shows the relationship between FOMECONMEXSAB DCV stock current value and its past values and can show if there is a momentum factor associated with investing in FOMECONMEXSAB DCV UTS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in FOMECONMEXSAB Stock
FOMECONMEXSAB DCV financial ratios help investors to determine whether FOMECONMEXSAB 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 FOMECONMEXSAB with respect to the benefits of owning FOMECONMEXSAB DCV security.