IPC MEXICO's market value is the price at which a share of IPC MEXICO trades on a public exchange. It measures the collective expectations of IPC MEXICO investors about its performance. IPC MEXICO is listed at 49709.84 as of the 30th of November 2024, which is a 0.21% down since the beginning of the trading day. The index's lowest day price was 49458.79. With this module, you can estimate the performance of a buy and hold strategy of IPC MEXICO and determine expected loss or profit from investing in IPC MEXICO over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any index could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Symbol
IPC
IPC MEXICO '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 IPC MEXICO's index 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 IPC MEXICO.
0.00
06/03/2024
No Change 0.00
0.0
In 5 months and 30 days
11/30/2024
0.00
If you would invest 0.00 in IPC MEXICO on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding IPC MEXICO or generate 0.0% return on investment in IPC MEXICO over 180 days.
IPC MEXICO 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 IPC MEXICO's index 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 IPC MEXICO upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for IPC MEXICO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IPC MEXICO's standard deviation. In reality, there are many statistical measures that can use IPC MEXICO historical prices to predict the future IPC MEXICO's volatility.
IPC MEXICO retains Efficiency (Sharpe Ratio) of -0.0651, which attests that the entity had a -0.0651% return per unit of return volatility over the last 3 months. IPC MEXICO exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. The index owns a Beta (Systematic Risk) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and IPC MEXICO are completely uncorrelated.
Auto-correlation
-0.01
Very weak reverse predictability
IPC MEXICO has very weak reverse predictability. Overlapping area represents the amount of predictability between IPC MEXICO time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 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 IPC MEXICO price movement. The serial correlation of -0.01 indicates that just 1.0% of current IPC MEXICO price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.01
Spearman Rank Test
-0.08
Residual Average
0.0
Price Variance
1 M
IPC MEXICO lagged returns against current returns
Autocorrelation, which is IPC MEXICO index'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 IPC MEXICO's index expected returns. We can calculate the autocorrelation of IPC MEXICO returns to help us make a trade decision. For example, suppose you find that IPC MEXICO has exhibited high autocorrelation historically, and you observe that the index 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
IPC MEXICO 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 IPC MEXICO index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IPC MEXICO index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IPC MEXICO index over time.
Current vs Lagged Prices
Timeline
IPC MEXICO Lagged Returns
When evaluating IPC MEXICO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IPC MEXICO index have on its future price. IPC MEXICO 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, IPC MEXICO autocorrelation shows the relationship between IPC MEXICO index current value and its past values and can show if there is a momentum factor associated with investing in IPC MEXICO.
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.