Orbia Advance (Mexico) Market Value
| ORBIA Stock | MXN 15.40 0.14 0.92% |
| Symbol | Orbia |
Orbia Advance '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 Orbia Advance'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 Orbia Advance.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Orbia Advance on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Orbia Advance or generate 0.0% return on investment in Orbia Advance over 90 days. Orbia Advance is related to or competes with Promotora, Banco Del, ALPEK SAB, and Nemak S. Orbia Advance Corporation, S.A.B. de C.V More
Orbia Advance 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 Orbia Advance'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 Orbia Advance upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 13.81 | |||
| Value At Risk | (4.74) | |||
| Potential Upside | 3.65 |
Orbia Advance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orbia Advance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Orbia Advance's standard deviation. In reality, there are many statistical measures that can use Orbia Advance historical prices to predict the future Orbia Advance's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | 0.1568 | |||
| Treynor Ratio | (0.20) |
Orbia Advance Backtested Returns
Orbia Advance maintains Sharpe Ratio (i.e., Efficiency) of -0.0219, which implies the firm had a -0.0219 % return per unit of risk over the last 3 months. Orbia Advance exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orbia Advance's Risk Adjusted Performance of (0.05), coefficient of variation of (1,522), and Variance of 7.85 to confirm the risk estimate we provide. The company holds a Beta of 0.99, which implies possible diversification benefits within a given portfolio. Orbia Advance returns are very sensitive to returns on the market. As the market goes up or down, Orbia Advance is expected to follow. At this point, Orbia Advance has a negative expected return of -0.0612%. Please make sure to check Orbia Advance's skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Orbia Advance performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.62 |
Very good reverse predictability
Orbia Advance has very good reverse predictability. Overlapping area represents the amount of predictability between Orbia Advance time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Orbia Advance price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Orbia Advance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 1.02 |
Orbia Advance lagged returns against current returns
Autocorrelation, which is Orbia Advance 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 Orbia Advance's stock expected returns. We can calculate the autocorrelation of Orbia Advance returns to help us make a trade decision. For example, suppose you find that Orbia Advance 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 |
Orbia Advance 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 Orbia Advance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Orbia Advance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Orbia Advance stock over time.
Current vs Lagged Prices |
| Timeline |
Orbia Advance Lagged Returns
When evaluating Orbia Advance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Orbia Advance stock have on its future price. Orbia Advance 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, Orbia Advance autocorrelation shows the relationship between Orbia Advance stock current value and its past values and can show if there is a momentum factor associated with investing in Orbia Advance.
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 Orbia Stock
Orbia Advance financial ratios help investors to determine whether Orbia 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 Orbia with respect to the benefits of owning Orbia Advance security.