GRUPO HERDEZ Backtesting

GUZOF -- USA Stock  

USD 2.15  0.02  0.92%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of GRUPO HERDEZ SAB DE CV and determine expected loss or profit from investing in GRUPO HERDEZ over given investment horizon. Please also check GRUPO HERDEZ Hype Analysis, GRUPO HERDEZ Correlation, GRUPO HERDEZ Valuation, GRUPO HERDEZ Volatility as well as analyze GRUPO HERDEZ Alpha and Beta and GRUPO HERDEZ Performance.
Horizon     30 Days    Login   to change

GRUPO HERDEZ 'What if' Analysis

July 19, 2019
No Change 0.00  0.0 
In 2 months and 31 days
October 17, 2019
If you would invest  0.00  in GRUPO HERDEZ on July 19, 2019 and sell it all today you would earn a total of 0.00 from holding GRUPO HERDEZ SAB DE CV or generate 0.0% return on investment in GRUPO HERDEZ over 90 days. GRUPO HERDEZ is related to or competes with Apple, Visa, Alibaba Group, Alphabet, Facebook, Amazon Com, and Microsoft. Grupo Herdez, S.A.B. de C.V. operates in the processed food sector in Mexico and internationally

GRUPO HERDEZ Upside/Downside Indicators

Information Ratio(0.019338)
Maximum Drawdown9.1
Value At Risk(3.36)
Potential Upside3.29

GRUPO HERDEZ Market Premium Indicators

Risk Adjusted Performance(0.020965)
Jensen Alpha(0.05)
Total Risk Alpha(0.013834)
Treynor Ratio(0.22)

GRUPO HERDEZ SAB Backtested Returns

We consider GRUPO HERDEZ dangerous. GRUPO HERDEZ SAB holds Efficiency (Sharpe) Ratio of 0.0102 which attests that the entity had 0.0102% of return per unit of volatility over the last 3 months. Our approach towards determining volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for GRUPO HERDEZ SAB which you can use to evaluate future volatility of the corporation. Please check out GRUPO HERDEZ Risk Adjusted Performance of (0.020965) and Market Risk Adjusted Performance of (0.21) to validate if risk estimate we provide are consistent with the epected return of 0.0226%. The company retains Market Volatility (i.e. Beta) of 0.2809 which attests that as returns on market increase, GRUPO HERDEZ returns are expected to increase less than the market. However during bear market, the loss on holding GRUPO HERDEZ will be expected to be smaller as well. Although it is extremely important to respect GRUPO HERDEZ SAB current price history, it is better to be realistic regarding the information on equity current price movements. The approach towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing GRUPO HERDEZ SAB technical indicators you can now evaluate if the expected return of 0.0226% will be sustainable into the future. GRUPO HERDEZ SAB currently retains a risk of 2.2106%. Please check out GRUPO HERDEZ Information Ratio, Potential Upside as well as the relationship between Potential Upside and Kurtosis to decide if GRUPO HERDEZ will be following its current trending patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 
correlation synergy

No correlation between past and present

GRUPO HERDEZ SAB DE CV has no correlation between past and present. Overlapping area represents the amount of predictability between GRUPO HERDEZ time series from July 19, 2019 to September 2, 2019 and September 2, 2019 to October 17, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of GRUPO HERDEZ SAB price movement. The serial correlation of 0.0 indicates that just 0.0% of current GRUPO HERDEZ price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

GRUPO HERDEZ SAB lagged returns against current returns

 Current and Lagged Values 

GRUPO HERDEZ regressed lagged prices vs. current prices

 Current vs Lagged Prices 

GRUPO HERDEZ Lagged Returns

 Regressed Prices 

Current Sentiment - GUZOF

GRUPO HERDEZ SAB Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in GRUPO HERDEZ SAB DE CV. What is your judgment towards investing in GRUPO HERDEZ SAB DE CV? Are you bullish or bearish?
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50% Bearish

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Please also check GRUPO HERDEZ Hype Analysis, GRUPO HERDEZ Correlation, GRUPO HERDEZ Valuation, GRUPO HERDEZ Volatility as well as analyze GRUPO HERDEZ Alpha and Beta and GRUPO HERDEZ Performance. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.