Financiera Independencia (Mexico) Market Value
| FINDEP Stock | MXN 10.30 0.00 0.00% |
| Symbol | Financiera |
Financiera Independencia '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 Financiera Independencia'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 Financiera Independencia.
| 02/19/2024 |
| 04/19/2024 |
If you would invest 0.00 in Financiera Independencia on February 19, 2024 and sell it all today you would earn a total of 0.00 from holding Financiera Independencia SAB or generate 0.0% return on investment in Financiera Independencia over 60 days. Financiera Independencia is related to or competes with Samsung Electronics, Taiwan Semiconductor, JPMorgan Chase, Bank of America, HSBC Holdings, Citigroup, and YPF Sociedad. SOFOM E.N.R. operates as a microfinance company in Mexico and internationally More
Financiera Independencia 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 Financiera Independencia'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 Financiera Independencia SAB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.91 |
Financiera Independencia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Financiera Independencia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Financiera Independencia's standard deviation. In reality, there are many statistical measures that can use Financiera Independencia historical prices to predict the future Financiera Independencia's volatility.| Risk Adjusted Performance | 0.0457 | |||
| Jensen Alpha | 0.028 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.2467 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Financiera Independencia's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Financiera Independencia Backtested Returns
We consider Financiera Independencia very steady. Financiera Independencia secures Sharpe Ratio (or Efficiency) of 0.077, which denotes the company had a 0.077% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Financiera Independencia SAB, which you can use to evaluate the volatility of the firm. Please confirm Financiera Independencia's Standard Deviation of 0.6366, variance of 0.4052, and Mean Deviation of 0.179 to check if the risk estimate we provide is consistent with the expected return of 0.0515%. Financiera Independencia has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, Financiera Independencia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Financiera Independencia is expected to be smaller as well. Financiera Independencia right now shows a risk of 0.67%. Please confirm Financiera Independencia variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to decide if Financiera Independencia will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Financiera Independencia SAB has no correlation between past and present. Overlapping area represents the amount of predictability between Financiera Independencia time series from 19th of February 2024 to 20th of March 2024 and 20th of March 2024 to 19th of April 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 Financiera Independencia price movement. The serial correlation of 0.0 indicates that just 0.0% of current Financiera Independencia 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 |
Financiera Independencia lagged returns against current returns
Autocorrelation, which is Financiera Independencia 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 Financiera Independencia's stock expected returns. We can calculate the autocorrelation of Financiera Independencia returns to help us make a trade decision. For example, suppose you find that Financiera Independencia 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 |
Financiera Independencia 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 Financiera Independencia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Financiera Independencia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Financiera Independencia stock over time.
Current vs Lagged Prices |
| Timeline |
Financiera Independencia Lagged Returns
When evaluating Financiera Independencia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Financiera Independencia stock have on its future price. Financiera Independencia 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, Financiera Independencia autocorrelation shows the relationship between Financiera Independencia stock current value and its past values and can show if there is a momentum factor associated with investing in Financiera Independencia SAB.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Financiera Independencia in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Financiera Independencia's short interest history, or implied volatility extrapolated from Financiera Independencia options trading.
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Try AI Portfolio ArchitectCheck out Financiera Independencia Correlation, Financiera Independencia Volatility and Financiera Independencia Alpha and Beta module to complement your research on Financiera Independencia. Note that the Financiera Independencia information on this page should be used as a complementary analysis to other Financiera Independencia's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Financiera Stock analysis
When running Financiera Independencia's price analysis, check to measure Financiera Independencia'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 Financiera Independencia is operating at the current time. Most of Financiera Independencia's value examination focuses on studying past and present price action to predict the probability of Financiera Independencia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Financiera Independencia's price. Additionally, you may evaluate how the addition of Financiera Independencia to your portfolios can decrease your overall portfolio volatility.
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Financiera Independencia technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.