Unifin Financiera (Mexico) Market Value
| UNIFINA Stock | MXN 12.00 0.00 0.00% |
| Symbol | Unifin |
Unifin Financiera '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 Unifin Financiera'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 Unifin Financiera.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in Unifin Financiera on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Unifin Financiera S or generate 0.0% return on investment in Unifin Financiera over 30 days. Unifin Financiera is related to or competes with Samsung Electronics, Taiwan Semiconductor, JPMorgan Chase, Bank of America, HSBC Holdings, and Citigroup. The company operates through three segments Leases, Factoring, and Others Loans More
Unifin Financiera 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 Unifin Financiera'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 Unifin Financiera S upside and downside potential and time the market with a certain degree of confidence.
Unifin Financiera Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Unifin Financiera's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Unifin Financiera's standard deviation. In reality, there are many statistical measures that can use Unifin Financiera historical prices to predict the future Unifin Financiera's volatility.Unifin Financiera Backtested Returns
We have found three technical indicators for Unifin Financiera S, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Unifin Financiera are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Unifin Financiera S has no correlation between past and present. Overlapping area represents the amount of predictability between Unifin Financiera time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 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 Unifin Financiera price movement. The serial correlation of 0.0 indicates that just 0.0% of current Unifin Financiera 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 |
Unifin Financiera lagged returns against current returns
Autocorrelation, which is Unifin Financiera 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 Unifin Financiera's stock expected returns. We can calculate the autocorrelation of Unifin Financiera returns to help us make a trade decision. For example, suppose you find that Unifin Financiera 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 |
Unifin Financiera 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 Unifin Financiera stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Unifin Financiera stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Unifin Financiera stock over time.
Current vs Lagged Prices |
| Timeline |
Unifin Financiera Lagged Returns
When evaluating Unifin Financiera's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Unifin Financiera stock have on its future price. Unifin Financiera 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, Unifin Financiera autocorrelation shows the relationship between Unifin Financiera stock current value and its past values and can show if there is a momentum factor associated with investing in Unifin Financiera S.
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 Unifin Stock
Unifin Financiera financial ratios help investors to determine whether Unifin 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 Unifin with respect to the benefits of owning Unifin Financiera security.