Servicios Corporativos (Mexico) Market Value
| JAVER Stock | MXN 14.70 0.44 3.09% |
| Symbol | Servicios |
Servicios Corporativos '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 Servicios Corporativos' 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 Servicios Corporativos.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in Servicios Corporativos on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding Servicios Corporativos Javer or generate 0.0% return on investment in Servicios Corporativos over 60 days. Servicios Corporativos is related to or competes with Grupo Profuturo, Promotora, Promotora, Select Sector, IShares Global, SPDR Series, and IShares Trust. Servicios Corporativos Javer, S.A.B. de C.V., together with its subsidiaries, operates as a housing developer in Mexico More
Servicios Corporativos 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 Servicios Corporativos' 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 Servicios Corporativos Javer upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0237 | |||
| Maximum Drawdown | 31.14 | |||
| Potential Upside | 2.56 |
Servicios Corporativos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Servicios Corporativos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Servicios Corporativos' standard deviation. In reality, there are many statistical measures that can use Servicios Corporativos historical prices to predict the future Servicios Corporativos' volatility.| Risk Adjusted Performance | 0.0437 | |||
| Jensen Alpha | 0.2847 | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.50) |
Servicios Corporativos Backtested Returns
Servicios Corporativos appears to be slightly risky, given 3 months investment horizon. Servicios Corporativos owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0507, which indicates the firm had a 0.0507% return per unit of risk over the last 3 months. We have found twenty technical indicators for Servicios Corporativos Javer, which you can use to evaluate the volatility of the company. Please review Servicios Corporativos' Variance of 24.66, coefficient of variation of 2052.08, and Risk Adjusted Performance of 0.0437 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Servicios Corporativos holds a performance score of 3. The entity has a beta of -0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Servicios Corporativos are expected to decrease at a much lower rate. During the bear market, Servicios Corporativos is likely to outperform the market. Please check Servicios Corporativos' jensen alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to make a quick decision on whether Servicios Corporativos' existing price patterns will revert.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Servicios Corporativos Javer has insignificant reverse predictability. Overlapping area represents the amount of predictability between Servicios Corporativos time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th 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 Servicios Corporativos price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Servicios Corporativos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 1.02 |
Servicios Corporativos lagged returns against current returns
Autocorrelation, which is Servicios Corporativos 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 Servicios Corporativos' stock expected returns. We can calculate the autocorrelation of Servicios Corporativos returns to help us make a trade decision. For example, suppose you find that Servicios Corporativos 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 |
Servicios Corporativos 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 Servicios Corporativos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Servicios Corporativos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Servicios Corporativos stock over time.
Current vs Lagged Prices |
| Timeline |
Servicios Corporativos Lagged Returns
When evaluating Servicios Corporativos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Servicios Corporativos stock have on its future price. Servicios Corporativos 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, Servicios Corporativos autocorrelation shows the relationship between Servicios Corporativos stock current value and its past values and can show if there is a momentum factor associated with investing in Servicios Corporativos Javer.
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 Servicios Stock
Servicios Corporativos financial ratios help investors to determine whether Servicios 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 Servicios with respect to the benefits of owning Servicios Corporativos security.