Fibra Inn (Mexico) Market Value
| FINN13 Stock | MXN 5.10 0.19 3.87% |
| Symbol | Fibra |
Fibra Inn '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 Fibra Inn'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 Fibra Inn.
| 04/15/2024 |
| 06/14/2024 |
If you would invest 0.00 in Fibra Inn on April 15, 2024 and sell it all today you would earn a total of 0.00 from holding Fibra Inn or generate 0.0% return on investment in Fibra Inn over 60 days. Fibra Inn is related to or competes with Select Sector, Promotora, Intuit, SPDR Series, Avis Budget, Fresnillo Plc, and IShares Trust. Fibra Inn is a Mexican trust formed primarily to acquire, develop and rent a broad range of hotel properties for lodging... More
Fibra Inn 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 Fibra Inn'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 Fibra Inn upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 8.6 | |||
| Value At Risk | (2.47) | |||
| Potential Upside | 2.68 |
Fibra Inn Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fibra Inn's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fibra Inn's standard deviation. In reality, there are many statistical measures that can use Fibra Inn historical prices to predict the future Fibra Inn's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | 3.65 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fibra Inn'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.
Fibra Inn Backtested Returns
Fibra Inn secures Sharpe Ratio (or Efficiency) of -0.073, which denotes the company had a -0.073% return per unit of standard deviation over the last 3 months. Fibra Inn exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fibra Inn's Standard Deviation of 1.63, coefficient of variation of (1,326), and Mean Deviation of 1.08 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0365, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fibra Inn are expected to decrease at a much lower rate. During the bear market, Fibra Inn is likely to outperform the market. At this point, Fibra Inn has a negative expected return of -0.12%. Please make sure to confirm Fibra Inn's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Fibra Inn performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.73 |
Good predictability
Fibra Inn has good predictability. Overlapping area represents the amount of predictability between Fibra Inn time series from 15th of April 2024 to 15th of May 2024 and 15th of May 2024 to 14th of June 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 Fibra Inn price movement. The serial correlation of 0.73 indicates that around 73.0% of current Fibra Inn price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Fibra Inn lagged returns against current returns
Autocorrelation, which is Fibra Inn 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 Fibra Inn's stock expected returns. We can calculate the autocorrelation of Fibra Inn returns to help us make a trade decision. For example, suppose you find that Fibra Inn 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 |
Fibra Inn 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 Fibra Inn stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fibra Inn stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fibra Inn stock over time.
Current vs Lagged Prices |
| Timeline |
Fibra Inn Lagged Returns
When evaluating Fibra Inn's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fibra Inn stock have on its future price. Fibra Inn 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, Fibra Inn autocorrelation shows the relationship between Fibra Inn stock current value and its past values and can show if there is a momentum factor associated with investing in Fibra Inn.
Regressed Prices |
| Timeline |
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Other Information on Investing in Fibra Stock
Fibra Inn financial ratios help investors to determine whether Fibra 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 Fibra with respect to the benefits of owning Fibra Inn security.