America Movil Sab Stock Market Value
| AMX Stock | USD 18.31 0.33 1.77% |
| Symbol | America |
America Movil SAB Price To Book Ratio
Is America Movil'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 America Movil. If investors know America 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 America Movil 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 (0.54) | Dividend Share 0.48 | Earnings Share 1.12 | Revenue Per Share 259.18 | Quarterly Revenue Growth (0.03) |
The market value of America Movil SAB is measured differently than its book value, which is the value of America that is recorded on the company's balance sheet. Investors also form their own opinion of America Movil's value that differs from its market value or its book value, called intrinsic value, which is America Movil'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 America Movil's market value can be influenced by many factors that don't directly affect America Movil'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 America Movil's value and its price as these two are different measures arrived at by different means. Investors typically determine if America Movil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, America Movil'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.
America Movil '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 America Movil'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 America Movil.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in America Movil on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding America Movil SAB or generate 0.0% return on investment in America Movil over 30 days. America Movil is related to or competes with Telefonica Brasil, Telefonica, TIM Participacoes, Telkom Indonesia, SK Telecom, Vodafone Group, and Orange SA. Amrica Mvil, S.A.B. de C.V. provides telecommunications services in Latin America and internationally More
America Movil 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 America Movil'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 America Movil SAB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.56 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.14 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 2.87 |
America Movil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for America Movil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as America Movil's standard deviation. In reality, there are many statistical measures that can use America Movil historical prices to predict the future America Movil's volatility.| Risk Adjusted Performance | 0.0155 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0116 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of America Movil'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.
America Movil SAB Backtested Returns
We consider America Movil very steady. America Movil SAB secures Sharpe Ratio (or Efficiency) of 0.0222, which signifies that the company had a 0.0222% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for America Movil SAB, which you can use to evaluate the volatility of the firm. Please confirm America Movil's risk adjusted performance of 0.0155, and Mean Deviation of 1.27 to double-check if the risk estimate we provide is consistent with the expected return of 0.0359%. America Movil has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.22, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, America Movil will likely underperform. America Movil SAB right now shows a risk of 1.62%. Please confirm America Movil SAB standard deviation, expected short fall, relative strength index, as well as the relationship between the maximum drawdown and rate of daily change , to decide if America Movil SAB will be following its price patterns.
Auto-correlation | 0.22 |
Weak predictability
America Movil SAB has weak predictability. Overlapping area represents the amount of predictability between America Movil time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 America Movil SAB price movement. The serial correlation of 0.22 indicates that over 22.0% of current America Movil price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
America Movil SAB lagged returns against current returns
Autocorrelation, which is America Movil 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 America Movil's stock expected returns. We can calculate the autocorrelation of America Movil returns to help us make a trade decision. For example, suppose you find that America Movil 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 |
America Movil 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 America Movil stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if America Movil stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in America Movil stock over time.
Current vs Lagged Prices |
| Timeline |
America Movil Lagged Returns
When evaluating America Movil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of America Movil stock have on its future price. America Movil 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, America Movil autocorrelation shows the relationship between America Movil stock current value and its past values and can show if there is a momentum factor associated with investing in America Movil SAB.
Regressed Prices |
| Timeline |
Pair Trading with America Movil
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 America Movil 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 America Movil will appreciate offsetting losses from the drop in the long position's value.Moving against America Stock
| 0.48 | IRDM | Iridium Communications | PairCorr |
| 0.46 | OB | Outbrain Financial Report 14th of May 2024 | PairCorr |
| 0.45 | LBTYA | Liberty Global PLC Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to America Movil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace America Movil 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 America Movil - 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 America Movil SAB to buy it.
The correlation of America Movil 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 America Movil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if America Movil SAB 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 America Movil 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 America Movil Correlation, America Movil Volatility and America Movil Alpha and Beta module to complement your research on America Movil. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for America Stock analysis
When running America Movil's price analysis, check to measure America Movil'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 America Movil is operating at the current time. Most of America Movil's value examination focuses on studying past and present price action to predict the probability of America Movil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move America Movil's price. Additionally, you may evaluate how the addition of America Movil to your portfolios can decrease your overall portfolio volatility.
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America Movil 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.