INVEX Controladora (Mexico) Market Value
| INVEXA Stock | MXN 83.00 0.00 0.00% |
| Symbol | INVEX |
INVEX Controladora '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 INVEX Controladora'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 INVEX Controladora.
| 01/03/2023 |
| 12/23/2024 |
If you would invest 0.00 in INVEX Controladora on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding INVEX Controladora SAB or generate 0.0% return on investment in INVEX Controladora over 720 days. INVEX Controladora is related to or competes with Samsung Electronics, Taiwan Semiconductor, JPMorgan Chase, Bank of America, HSBC Holdings, and Citigroup. INVEX Controladora, S.A.B. de C.V., through its subsidiaries, provides customized financial products and services to ind... More
INVEX Controladora 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 INVEX Controladora'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 INVEX Controladora SAB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.69 | |||
| Potential Upside | 1.23 |
INVEX Controladora Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for INVEX Controladora's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as INVEX Controladora's standard deviation. In reality, there are many statistical measures that can use INVEX Controladora historical prices to predict the future INVEX Controladora's volatility.| Risk Adjusted Performance | 0.0235 | |||
| Jensen Alpha | 0.0121 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.11) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of INVEX Controladora'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.
INVEX Controladora SAB Backtested Returns
At this point, INVEX Controladora is very steady. INVEX Controladora SAB holds Efficiency (Sharpe) Ratio of 0.0354, which attests that the entity had a 0.0354% return per unit of volatility over the last 3 months. We have found seventeen technical indicators for INVEX Controladora SAB, which you can use to evaluate the volatility of the firm. Please check out INVEX Controladora's market risk adjusted performance of (0.10), and Risk Adjusted Performance of 0.0235 to validate if the risk estimate we provide is consistent with the expected return of 0.0217%. INVEX Controladora has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0886, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning INVEX Controladora are expected to decrease at a much lower rate. During the bear market, INVEX Controladora is likely to outperform the market. INVEX Controladora SAB currently retains a risk of 0.61%. Please check out INVEX Controladora risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and rate of daily change , to decide if INVEX Controladora will be following its current trending patterns.
Auto-correlation | 0.45 |
Average predictability
INVEX Controladora SAB has average predictability. Overlapping area represents the amount of predictability between INVEX Controladora time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd 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 INVEX Controladora SAB price movement. The serial correlation of 0.45 indicates that just about 45.0% of current INVEX Controladora price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
INVEX Controladora SAB lagged returns against current returns
Autocorrelation, which is INVEX Controladora 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 INVEX Controladora's stock expected returns. We can calculate the autocorrelation of INVEX Controladora returns to help us make a trade decision. For example, suppose you find that INVEX Controladora 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 |
INVEX Controladora 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 INVEX Controladora stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if INVEX Controladora stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in INVEX Controladora stock over time.
Current vs Lagged Prices |
| Timeline |
INVEX Controladora Lagged Returns
When evaluating INVEX Controladora's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of INVEX Controladora stock have on its future price. INVEX Controladora 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, INVEX Controladora autocorrelation shows the relationship between INVEX Controladora stock current value and its past values and can show if there is a momentum factor associated with investing in INVEX Controladora 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 INVEX Stock
INVEX Controladora financial ratios help investors to determine whether INVEX 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 INVEX with respect to the benefits of owning INVEX Controladora security.