Financiera Independencia (Mexico) Price on October 23, 2024
FINDEP Stock | MXN 8.00 0.20 2.44% |
If you're considering investing in Financiera Stock, it is important to understand the factors that can impact its price. As of today, the current price of Financiera Independencia stands at 8.00, as last reported on the 29th of November, with the highest price reaching 8.00 and the lowest price hitting 8.00 during the day. Financiera Independencia secures Sharpe Ratio (or Efficiency) of -0.16, which denotes the company had a -0.16% return per unit of risk over the last 3 months. Financiera Independencia SAB exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Financiera Independencia's Standard Deviation of 1.44, mean deviation of 0.5775, and Variance of 2.09 to check the risk estimate we provide.
Financiera Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Financiera |
Sharpe Ratio = -0.1585
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Estimated Market Risk
1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Financiera Independencia is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Financiera Independencia by adding Financiera Independencia to a well-diversified portfolio.
Financiera Independencia Valuation on October 23, 2024
It is possible to determine the worth of Financiera Independencia on a given historical date. On October 23, 2024 Financiera was worth 9.15 at the beginning of the trading date compared to the closed value of 9.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Financiera Independencia stock. Still, in general, we apply an absolute valuation method to find Financiera Independencia's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Financiera Independencia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Financiera Independencia's related companies.
Open | High | Low | Close | Volume | |
9.15 | 9.15 | 9.15 | 9.15 | 1.00 | |
10/23/2024 | 9.15 | 9.15 | 9.15 | 9.15 | 1.00 |
9.15 | 9.15 | 9.15 | 9.15 | 1.00 |
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Financiera Independencia Trading Date Momentum on October 23, 2024
On October 24 2024 Financiera Independencia SAB was traded for 9.15 at the closing time. The highest price during the trading period was 9.15 and the lowest recorded bid was listed for 9.15 . There was no trading activity during the period 1.0. Lack of trading volume on October 24, 2024 did not affect price variability. The overall trading delta to the current price is 10.38% . |
Financiera Independencia Fundamentals Correlations and Trends
By evaluating Financiera Independencia's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Financiera Independencia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Financiera financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Financiera Independencia Stock history
Financiera Independencia investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Financiera is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Financiera Independencia will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Financiera Independencia stock prices may prove useful in developing a viable investing in Financiera Independencia
SOFOM E.N.R. operates as a microfinance company in Mexico and internationally. The company was founded in 1993 and is headquartered in Mexico City, Mexico. FINANCIERA INDEPENDENCIA operates under Credit Services classification in Mexico and is traded on Mexico Stock Exchange. It employs 4969 people.
Financiera Independencia Stock Technical Analysis
Financiera Independencia 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.
Price Boundaries
Financiera Independencia Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Financiera Independencia SAB cannot be verified against its exchange. Please verify the symbol is currently traded on Mexican Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Financiera Independencia November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Financiera Independencia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Financiera Independencia shares will generate the highest return on investment. By undertsting and applying Financiera Independencia stock market strength indicators, traders can identify Financiera Independencia SAB entry and exit signals to maximize returns
Financiera Independencia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Financiera Independencia's price direction in advance. Along with the technical and fundamental analysis of Financiera Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Financiera to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.13) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | 0.8806 |
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Volume Indicators |
Complementary Tools for Financiera Stock analysis
When running Financiera Independencia's price analysis, check to measure Financiera Independencia'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 Financiera Independencia is operating at the current time. Most of Financiera Independencia's value examination focuses on studying past and present price action to predict the probability of Financiera Independencia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Financiera Independencia's price. Additionally, you may evaluate how the addition of Financiera Independencia to your portfolios can decrease your overall portfolio volatility.
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