Gmxico Transportes Sab Stock Market Value
| GMXTF Stock | USD 1.56 0.06 3.70% |
| Symbol | GMxico |
GMxico Transportes '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 GMxico Transportes' 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 GMxico Transportes.
| 12/10/2024 |
| 01/09/2025 |
If you would invest 0.00 in GMxico Transportes on December 10, 2024 and sell it all today you would earn a total of 0.00 from holding GMxico Transportes SAB or generate 0.0% return on investment in GMxico Transportes over 30 days. GMxico Transportes is related to or competes with West Japan, Central Japan, LB Foster, Norfolk Southern, Union Pacific, Canadian Pacific, and Canadian National. It provides general hauling and intermodal railroad services, as well as passenger transportation services and ancillary... More
GMxico Transportes 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 GMxico Transportes' 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 GMxico Transportes SAB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.26 | |||
| Information Ratio | 0.1067 | |||
| Maximum Drawdown | 50.43 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 0.9434 |
GMxico Transportes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GMxico Transportes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GMxico Transportes' standard deviation. In reality, there are many statistical measures that can use GMxico Transportes historical prices to predict the future GMxico Transportes' volatility.| Risk Adjusted Performance | 0.0973 | |||
| Jensen Alpha | 0.6333 | |||
| Total Risk Alpha | 0.5214 | |||
| Sortino Ratio | 0.2803 | |||
| Treynor Ratio | 0.6033 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GMxico Transportes' 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.
GMxico Transportes SAB Backtested Returns
GMxico Transportes appears to be extremely dangerous, given 3 months investment horizon. GMxico Transportes SAB holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. By evaluating GMxico Transportes' technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please utilize GMxico Transportes' Coefficient Of Variation of 898.49, market risk adjusted performance of 0.6133, and Risk Adjusted Performance of 0.0973 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GMxico Transportes holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of 1.08, which attests to a somewhat significant risk relative to the market. GMxico Transportes returns are very sensitive to returns on the market. As the market goes up or down, GMxico Transportes is expected to follow. Please check GMxico Transportes' treynor ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to make a quick decision on whether GMxico Transportes' current trending patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
GMxico Transportes SAB has no correlation between past and present. Overlapping area represents the amount of predictability between GMxico Transportes time series from 10th of December 2024 to 25th of December 2024 and 25th of December 2024 to 9th of January 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 GMxico Transportes SAB price movement. The serial correlation of 0.0 indicates that just 0.0% of current GMxico Transportes price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GMxico Transportes SAB lagged returns against current returns
Autocorrelation, which is GMxico Transportes 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 GMxico Transportes' pink sheet expected returns. We can calculate the autocorrelation of GMxico Transportes returns to help us make a trade decision. For example, suppose you find that GMxico Transportes 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 |
GMxico Transportes 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 GMxico Transportes pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GMxico Transportes pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GMxico Transportes pink sheet over time.
Current vs Lagged Prices |
| Timeline |
GMxico Transportes Lagged Returns
When evaluating GMxico Transportes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GMxico Transportes pink sheet have on its future price. GMxico Transportes 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, GMxico Transportes autocorrelation shows the relationship between GMxico Transportes pink sheet current value and its past values and can show if there is a momentum factor associated with investing in GMxico Transportes SAB.
Regressed Prices |
| Timeline |
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Other Information on Investing in GMxico Pink Sheet
GMxico Transportes financial ratios help investors to determine whether GMxico Pink Sheet 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 GMxico with respect to the benefits of owning GMxico Transportes security.