Mexico SPBMV (Mexico) Market Value

Indexes . Mexico . 
Index . Mexico SPBMV IPC
MXX Index   54,213  187.22  0.35%   
Mexico SPBMV's market value is the price at which a share of Mexico SPBMV stock trades on a public exchange. It measures the collective expectations of Mexico SPBMV IPC investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Mexico SPBMV IPC and determine expected loss or profit from investing in Mexico SPBMV over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios.
Symbol

Mexico SPBMV '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 Mexico SPBMV's index 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 Mexico SPBMV.
0.00
12/01/2022
No Change 0.00  0.0 
In 5 months and 29 days
05/30/2023
0.00
If you would invest  0.00  in Mexico SPBMV on December 1, 2022 and sell it all today you would earn a total of 0.00 from holding Mexico SPBMV IPC or generate 0.0% return on investment in Mexico SPBMV over 180 days.

Mexico SPBMV 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 Mexico SPBMV's index 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 Mexico SPBMV IPC upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation0.796
Information Ratio0.0963
Maximum Drawdown3.35
Value At Risk(1.53)
Potential Upside1.36

Mexico SPBMV Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Mexico SPBMV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mexico SPBMV's standard deviation. In reality, there are many statistical measures that can use Mexico SPBMV historical prices to predict the future Mexico SPBMV's volatility.
Risk Adjusted Performance0.0331
Total Risk Alpha0.0704
Sortino Ratio0.0963
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Mexico SPBMV'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. Please use the tools below to analyze the current value of Mexico SPBMV in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mexico SPBMV. Your research has to be compared to or analyzed against Mexico SPBMV's peers to derive any actionable benefits. When done correctly, Mexico SPBMV's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Mexico SPBMV IPC.

Mexico SPBMV IPC Backtested Returns

Mexico SPBMV IPC has Sharpe Ratio of 0.0324, which conveys that the entity had 0.0324% of return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of an index is to use all available market data together with index-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Mexico SPBMV, which you can use to evaluate the future volatility of the index.
The index secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. Let's try to break down what Mexico's beta means in this case. the returns on MARKET and Mexico SPBMV are completely uncorrelated. Although it is important to respect Mexico SPBMV IPC price patterns, it is better to be realistic regarding the information on the equity's historical price patterns. The philosophy towards estimating future performance of any index is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Mexico SPBMV IPC technical indicators, you can presently evaluate if the expected return of 0.0261% will be sustainable into the future.

Auto-correlation

    
  0.68  

Good predictability

Mexico SPBMV IPC has good predictability. Overlapping area represents the amount of predictability between Mexico SPBMV time series from 1st of December 2022 to 1st of March 2023 and 1st of March 2023 to 30th of May 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mexico SPBMV IPC price movement. The serial correlation of 0.68 indicates that around 68.0% of current Mexico SPBMV price fluctuation can be explain by its past prices.
Correlation Coefficient0.68
Spearman Rank Test0.33
Residual Average0.0
Price Variance811.8 K

Mexico SPBMV IPC lagged returns against current returns

Autocorrelation, which is Mexico SPBMV index'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 Mexico SPBMV's index expected returns. We can calculate the autocorrelation of Mexico SPBMV returns to help us make a trade decision. For example, suppose you find that Mexico SPBMV index 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 stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Mexico SPBMV 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 Mexico SPBMV index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mexico SPBMV index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mexico SPBMV index over time.
   Current vs Lagged Prices   
       Timeline  

Mexico SPBMV Lagged Returns

When evaluating Mexico SPBMV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mexico SPBMV index have on its future price. Mexico SPBMV 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, Mexico SPBMV autocorrelation shows the relationship between Mexico SPBMV index current value and its past values and can show if there is a momentum factor associated with investing in Mexico SPBMV IPC.
   Regressed Prices   
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Mexico SPBMV without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Complementary Tools for Mexico Index analysis

When running Mexico SPBMV's price analysis, check to measure Mexico SPBMV'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 Mexico SPBMV is operating at the current time. Most of Mexico SPBMV's value examination focuses on studying past and present price action to predict the probability of Mexico SPBMV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mexico SPBMV's price. Additionally, you may evaluate how the addition of Mexico SPBMV to your portfolios can decrease your overall portfolio volatility.
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Mexico SPBMV technical index 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, index market cycles, or different charting patterns.
Overlap Analysis
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Forecast Models
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Price Shifting
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Volatility Indicators
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Value Movement
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A focus of Mexico SPBMV technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mexico SPBMV trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...
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