Procorp SAB (Mexico) Market Value
| PROCORPB | MXN 5.00 0.00 0.00% |
| Symbol | Procorp |
Procorp SAB '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 Procorp SAB'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 Procorp SAB.
| 09/06/2024 |
| 03/05/2025 |
If you would invest 0.00 in Procorp SAB on September 6, 2024 and sell it all today you would earn a total of 0.00 from holding Procorp SAB de or generate 0.0% return on investment in Procorp SAB over 180 days. Procorp SAB is related to or competes with JPMorgan Chase, Sony, Citigroup, HSBC Holdings, Taiwan Semiconductor, Deutsche Bank, and Bank of America. Procorp, S.A.B. de C.V. is a private equity and venture capital firm specializing in buyout acquisitions and growth capi... More
Procorp SAB 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 Procorp SAB'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 Procorp SAB de upside and downside potential and time the market with a certain degree of confidence.
Procorp SAB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Procorp SAB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Procorp SAB's standard deviation. In reality, there are many statistical measures that can use Procorp SAB historical prices to predict the future Procorp SAB's volatility.Procorp SAB de Backtested Returns
We have found three technical indicators for Procorp SAB de, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Procorp SAB are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Procorp SAB de has no correlation between past and present. Overlapping area represents the amount of predictability between Procorp SAB time series from 6th of September 2024 to 5th of December 2024 and 5th of December 2024 to 5th 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 Procorp SAB de price movement. The serial correlation of 0.0 indicates that just 0.0% of current Procorp SAB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Procorp SAB de lagged returns against current returns
Autocorrelation, which is Procorp SAB 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 Procorp SAB's stock expected returns. We can calculate the autocorrelation of Procorp SAB returns to help us make a trade decision. For example, suppose you find that Procorp SAB 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 |
Procorp SAB 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 Procorp SAB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Procorp SAB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Procorp SAB stock over time.
Current vs Lagged Prices |
| Timeline |
Procorp SAB Lagged Returns
When evaluating Procorp SAB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Procorp SAB stock have on its future price. Procorp SAB 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, Procorp SAB autocorrelation shows the relationship between Procorp SAB stock current value and its past values and can show if there is a momentum factor associated with investing in Procorp SAB de.
Regressed Prices |
| Timeline |
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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.Additional Tools for Procorp Stock Analysis
When running Procorp SAB's price analysis, check to measure Procorp SAB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Procorp SAB is operating at the current time. Most of Procorp SAB's value examination focuses on studying past and present price action to predict the probability of Procorp SAB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Procorp SAB's price. Additionally, you may evaluate how the addition of Procorp SAB to your portfolios can decrease your overall portfolio volatility.