Southern Copper (Mexico) Market Value

SCCO Stock  MXN 1,910  0.00  0.00%   
Southern Copper's market value is the price at which a share of Southern Copper trades on a public exchange. It measures the collective expectations of Southern Copper investors about its performance. Southern Copper is trading at 1910.00 as of the 18th of March 2025; that is No Change since the beginning of the trading day. The stock's open price was 1910.0.
With this module, you can estimate the performance of a buy and hold strategy of Southern Copper and determine expected loss or profit from investing in Southern Copper over a given investment horizon. Check out Southern Copper Correlation, Southern Copper Volatility and Southern Copper Alpha and Beta module to complement your research on Southern Copper.
For more information on how to buy Southern Stock please use our How to Invest in Southern Copper guide.
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Please note, there is a significant difference between Southern Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern Copper's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Southern Copper '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 Southern Copper'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 Southern Copper.
0.00
12/18/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/18/2025
0.00
If you would invest  0.00  in Southern Copper on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Southern Copper or generate 0.0% return on investment in Southern Copper over 90 days. Southern Copper is related to or competes with Grupo Industrial, Martin Marietta, Samsung Electronics, GMxico Transportes, Applied Materials, Air Transport, and Taiwan Semiconductor. Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexi... More

Southern Copper 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 Southern Copper'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 Southern Copper upside and downside potential and time the market with a certain degree of confidence.

Southern Copper Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Southern Copper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Southern Copper's standard deviation. In reality, there are many statistical measures that can use Southern Copper historical prices to predict the future Southern Copper's volatility.
Hype
Prediction
LowEstimatedHigh
1,9091,9101,911
Details
Intrinsic
Valuation
LowRealHigh
1,7192,3202,321
Details

Southern Copper Backtested Returns

Southern Copper owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the firm had a -0.16 % return per unit of risk over the last 3 months. Southern Copper exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Southern Copper's Coefficient Of Variation of (879.96), risk adjusted performance of (0.1), and Variance of 1.08 to confirm the risk estimate we provide. The entity has a beta of -0.0206, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Southern Copper are expected to decrease at a much lower rate. During the bear market, Southern Copper is likely to outperform the market. At this point, Southern Copper has a negative expected return of -0.17%. Please make sure to validate Southern Copper's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if Southern Copper performance from the past will be repeated at some point in the near future.

Auto-correlation

    
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No correlation between past and present

Southern Copper has no correlation between past and present. Overlapping area represents the amount of predictability between Southern Copper time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Southern Copper price movement. The serial correlation of 0.0 indicates that just 0.0% of current Southern Copper price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test-0.71
Residual Average0.0
Price Variance9271.98

Southern Copper lagged returns against current returns

Autocorrelation, which is Southern Copper 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 Southern Copper's stock expected returns. We can calculate the autocorrelation of Southern Copper returns to help us make a trade decision. For example, suppose you find that Southern Copper 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  

Southern Copper 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 Southern Copper stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Southern Copper stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Southern Copper stock over time.
   Current vs Lagged Prices   
       Timeline  

Southern Copper Lagged Returns

When evaluating Southern Copper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Southern Copper stock have on its future price. Southern Copper 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, Southern Copper autocorrelation shows the relationship between Southern Copper stock current value and its past values and can show if there is a momentum factor associated with investing in Southern Copper.
   Regressed Prices   
       Timeline  

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Additional Tools for Southern Stock Analysis

When running Southern Copper's price analysis, check to measure Southern Copper'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 Southern Copper is operating at the current time. Most of Southern Copper's value examination focuses on studying past and present price action to predict the probability of Southern Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Copper's price. Additionally, you may evaluate how the addition of Southern Copper to your portfolios can decrease your overall portfolio volatility.