Pea Verde (Mexico) Market Value
| PV Stock | MXN 6.25 0.00 0.00% |
| Symbol | Pea |
Pea Verde '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 Pea Verde'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 Pea Verde.
| 04/27/2024 |
| 12/23/2024 |
If you would invest 0.00 in Pea Verde on April 27, 2024 and sell it all today you would earn a total of 0.00 from holding Pea Verde SAB or generate 0.0% return on investment in Pea Verde over 240 days. Pea Verde is related to or competes with Samsung Electronics, Taiwan Semiconductor, JPMorgan Chase, Bank of America, HSBC Holdings, and Citigroup. Pea Verde, S.A.B. provides insurance and reinsurance services, primarily in Mexico, Latin America, the Caribbean, and in... More
Pea Verde 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 Pea Verde'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 Pea Verde SAB upside and downside potential and time the market with a certain degree of confidence.
Pea Verde Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pea Verde's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pea Verde's standard deviation. In reality, there are many statistical measures that can use Pea Verde historical prices to predict the future Pea Verde's volatility.Pea Verde SAB Backtested Returns
We have found three technical indicators for Pea Verde SAB, 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 Pea Verde are completely uncorrelated.
Auto-correlation | Huge |
Perfect predictability
Pea Verde SAB has perfect predictability. Overlapping area represents the amount of predictability between Pea Verde time series from 27th of April 2024 to 25th of August 2024 and 25th of August 2024 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 Pea Verde SAB price movement. The serial correlation of 9.223372036854776E16 indicates that 9.223372036854776E16% of current Pea Verde price fluctuation can be explain by its past prices.
| Correlation Coefficient | 92233.7 T | |
| Spearman Rank Test | -0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pea Verde SAB lagged returns against current returns
Autocorrelation, which is Pea Verde 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 Pea Verde's stock expected returns. We can calculate the autocorrelation of Pea Verde returns to help us make a trade decision. For example, suppose you find that Pea Verde 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 |
Pea Verde 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 Pea Verde stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pea Verde stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pea Verde stock over time.
Current vs Lagged Prices |
| Timeline |
Pea Verde Lagged Returns
When evaluating Pea Verde's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pea Verde stock have on its future price. Pea Verde 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, Pea Verde autocorrelation shows the relationship between Pea Verde stock current value and its past values and can show if there is a momentum factor associated with investing in Pea Verde 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.Additional Tools for Pea Stock Analysis
When running Pea Verde's price analysis, check to measure Pea Verde'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 Pea Verde is operating at the current time. Most of Pea Verde's value examination focuses on studying past and present price action to predict the probability of Pea Verde's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pea Verde's price. Additionally, you may evaluate how the addition of Pea Verde to your portfolios can decrease your overall portfolio volatility.