Cemex Tangible Asset Value from 2010 to 2024
| CX Stock | USD 8.08 0.10 1.22% |
Tangible Asset Value | First Reported 2010-12-31 | Previous Quarter -1.4 B | Current Value -1.3 B | Quarterly Volatility 1.8 B |
Check Cemex SAB financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cemex main balance sheet or income statement drivers, such as Depreciation And Amortization of 1 B, Interest Expense of 635.7 M or Selling General Administrative of 2.2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.61, Dividend Yield of 0.0049 or PTB Ratio of 0.97. Cemex financial statements analysis is a perfect complement when working with Cemex SAB Valuation or Volatility modules.
Cemex | Tangible Asset Value |
Latest Cemex SAB's Tangible Asset Value Growth Pattern
Below is the plot of the Tangible Asset Value of Cemex SAB de over the last few years. It is the total value of a company's physical, tangible assets, excluding intangible assets like patents and trademarks. Cemex SAB's Tangible Asset Value historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cemex SAB's overall financial position and show how it may be relating to other accounts over time.
| Tangible Asset Value | 10 Years Trend |
|
Tangible Asset Value |
| Timeline |
Cemex Tangible Asset Value Regression Statistics
| Arithmetic Mean | (1,227,824,859) | |
| Geometric Mean | 1,654,974,884 | |
| Coefficient Of Variation | (143.05) | |
| Mean Deviation | 793,507,719 | |
| Median | (1,238,372,970) | |
| Standard Deviation | 1,756,354,485 | |
| Sample Variance | 3084781.1T | |
| Range | 7.9B | |
| R-Value | (0.26) | |
| Mean Square Error | 3095021.1T | |
| R-Squared | 0.07 | |
| Significance | 0.35 | |
| Slope | (102,672,519) | |
| Total Sum of Squares | 43186935.1T |
Cemex Tangible Asset Value History
About Cemex SAB Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Cemex SAB income statement, its balance sheet, and the statement of cash flows. Cemex SAB investors use historical funamental indicators, such as Cemex SAB's Tangible Asset Value, to determine how well the company is positioned to perform in the future. Although Cemex SAB investors may use each financial statement separately, they are all related. The changes in Cemex SAB's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cemex SAB's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cemex SAB Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cemex SAB. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Tangible Asset Value | -1.4 B | -1.3 B |
Cemex SAB Investors Sentiment
The influence of Cemex SAB's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cemex. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cemex SAB's public news can be used to forecast risks associated with an investment in Cemex. The trend in average sentiment can be used to explain how an investor holding Cemex can time the market purely based on public headlines and social activities around Cemex SAB de. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cemex SAB's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cemex SAB's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cemex SAB's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cemex SAB.
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 Cemex SAB 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, Cemex SAB's short interest history, or implied volatility extrapolated from Cemex SAB options trading.
Pair Trading with Cemex SAB
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cemex SAB position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cemex SAB will appreciate offsetting losses from the drop in the long position's value.Moving together with Cemex Stock
| 0.66 | BCC | Boise Cascad Llc Financial Report 2nd of May 2024 | PairCorr |
Moving against Cemex Stock
| 0.69 | RETO | ReTo Eco Solutions Report 6th of May 2024 | PairCorr |
| 0.65 | X | United States Steel Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Cemex SAB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cemex SAB when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cemex SAB - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cemex SAB de to buy it.
The correlation of Cemex SAB is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cemex SAB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cemex SAB de moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cemex SAB can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Cemex SAB Correlation against competitors. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Cemex Stock analysis
When running Cemex SAB's price analysis, check to measure Cemex 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 Cemex SAB is operating at the current time. Most of Cemex SAB's value examination focuses on studying past and present price action to predict the probability of Cemex 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 Cemex SAB's price. Additionally, you may evaluate how the addition of Cemex SAB to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |
Is Cemex SAB's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cemex SAB. If investors know Cemex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cemex SAB listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Earnings Share 0.12 | Revenue Per Share 11.99 | Quarterly Revenue Growth 0.09 | Return On Assets 0.0492 |
The market value of Cemex SAB de is measured differently than its book value, which is the value of Cemex that is recorded on the company's balance sheet. Investors also form their own opinion of Cemex SAB's value that differs from its market value or its book value, called intrinsic value, which is Cemex SAB's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cemex SAB's market value can be influenced by many factors that don't directly affect Cemex SAB's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cemex SAB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cemex SAB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cemex SAB'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.