Wal Mart (Mexico) Market Value
| WALMEX Stock | MXN 64.11 0.17 0.26% |
| Symbol | Wal |
Wal Mart '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 Wal Mart'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 Wal Mart.
| 05/04/2022 |
| 04/23/2024 |
If you would invest 0.00 in Wal Mart on May 4, 2022 and sell it all today you would earn a total of 0.00 from holding Wal Mart de Mxico or generate 0.0% return on investment in Wal Mart over 720 days. Wal Mart is related to or competes with Alfa SAB, Grupo Financiero, Fomento Econmico, and Grupo Aeroportuario. Wal-Mart de Mxico, S.A.B. de C.V. owns and operates self-service stores in Mexico and Central America More
Wal Mart 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 Wal Mart'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 Wal Mart de Mxico upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 7.06 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.23 |
Wal Mart Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wal Mart's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wal Mart's standard deviation. In reality, there are many statistical measures that can use Wal Mart historical prices to predict the future Wal Mart's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wal Mart'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.
Wal Mart de Backtested Returns
Wal Mart de shows Sharpe Ratio of -0.0397, which attests that the company had a -0.0397% return per unit of risk over the last 3 months. Wal Mart de exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wal Mart's Mean Deviation of 1.04, standard deviation of 1.43, and Market Risk Adjusted Performance of (0.16) to validate the risk estimate we provide. The firm maintains a market beta of 0.8, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wal Mart's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wal Mart is expected to be smaller as well. Wal Mart de has an expected return of -0.0535%. Please make sure to check out Wal Mart de potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Wal Mart de performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Wal Mart de Mxico has insignificant reverse predictability. Overlapping area represents the amount of predictability between Wal Mart time series from 4th of May 2022 to 29th of April 2023 and 29th of April 2023 to 23rd 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 Wal Mart de price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Wal Mart price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 7.68 |
Wal Mart de lagged returns against current returns
Autocorrelation, which is Wal Mart 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 Wal Mart's stock expected returns. We can calculate the autocorrelation of Wal Mart returns to help us make a trade decision. For example, suppose you find that Wal Mart 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 |
Wal Mart 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 Wal Mart stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wal Mart stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wal Mart stock over time.
Current vs Lagged Prices |
| Timeline |
Wal Mart Lagged Returns
When evaluating Wal Mart's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wal Mart stock have on its future price. Wal Mart 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, Wal Mart autocorrelation shows the relationship between Wal Mart stock current value and its past values and can show if there is a momentum factor associated with investing in Wal Mart de Mxico.
Regressed Prices |
| Timeline |
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 Wal Mart 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, Wal Mart's short interest history, or implied volatility extrapolated from Wal Mart options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Wal Mart Correlation, Wal Mart Volatility and Wal Mart Alpha and Beta module to complement your research on Wal Mart. Note that the Wal Mart de information on this page should be used as a complementary analysis to other Wal Mart's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Wal Stock analysis
When running Wal Mart's price analysis, check to measure Wal Mart'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 Wal Mart is operating at the current time. Most of Wal Mart's value examination focuses on studying past and present price action to predict the probability of Wal Mart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wal Mart's price. Additionally, you may evaluate how the addition of Wal Mart to your portfolios can decrease your overall portfolio volatility.
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Wal Mart 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.