Fomento Economico Mexicano Stock Price on November 19, 2024

FMX Stock  USD 89.40  1.20  1.32%   
Below is the normalized historical share price chart for Fomento Economico Mexicano extending back to May 11, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fomento Economico stands at 89.40, as last reported on the 23rd of February, with the highest price reaching 90.79 and the lowest price hitting 88.97 during the day.
IPO Date
11th of May 1998
200 Day MA
100.5669
50 Day MA
86.5768
Beta
0.402
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Fomento Stock, it is important to understand the factors that can impact its price. At this stage we consider Fomento Stock to be very steady. Fomento Economico secures Sharpe Ratio (or Efficiency) of 0.0286, which denotes the company had a 0.0286 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Fomento Economico Mexicano, which you can use to evaluate the volatility of the firm. Please confirm Fomento Economico's Downside Deviation of 1.66, mean deviation of 1.31, and Coefficient Of Variation of 93712.91 to check if the risk estimate we provide is consistent with the expected return of 0.0505%.
  
At this time, Fomento Economico's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 973 B in 2025, whereas Common Stock Shares Outstanding is likely to drop slightly above 18.5 B in 2025. . At this time, Fomento Economico's Price To Sales Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to rise to 63.28 in 2025, whereas Price Earnings Ratio is likely to drop 12.87 in 2025. Fomento Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0286

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Estimated Market Risk

 1.77
  actual daily
15
85% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Fomento Economico is performing at about 2% of its full potential. 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 Fomento Economico by adding it to a well-diversified portfolio.
Price Book
2.1642
Enterprise Value Ebitda
10.9081
Price Sales
0.2127
Shares Float
3.6 B
Dividend Share
4.397

Fomento Economico Valuation on November 19, 2024

It is possible to determine the worth of Fomento Economico on a given historical date. On November 19, 2024 Fomento was worth 88.64 at the beginning of the trading date compared to the closed value of 88.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fomento Economico stock. Still, in general, we apply an absolute valuation method to find Fomento Economico'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 Fomento Economico where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fomento Economico's related companies.
 Open High Low Close Volume
  89.25    90.29    88.69    89.19    539,381  
11/19/2024
  88.64    89.37    88.06    88.33    635,531  
  87.95    88.37    85.47    85.96    1,045,703  
Backtest Fomento Economico  |  Fomento Economico History  |  Fomento Economico Valuation PreviousNext  
Open Value
88.64
88.33
Closing Value
93.94
Upside

Fomento Economico Trading Date Momentum on November 19, 2024

On November 20 2024 Fomento Economico Mexicano was traded for  85.96  at the closing time. Highest Fomento Economico's price during the trading hours was 88.37  and the lowest price during the day was  85.47 . The net volume was 1 M. The overall trading history on the 20th of November contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 2.68% . The overall trading delta to current price is 3.28% .
JavaScript chart by amCharts 3.21.1511/19/2024Nov 11Nov 13Nov 15Nov 17Nov 19Nov 21Nov 23Nov 25Nov 27Nov 2984868890929496

Fomento Economico Fundamentals Correlations and Trends

By evaluating Fomento Economico'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 Fomento Economico's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fomento financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Fomento Economico Stock history

Fomento Economico 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 Fomento is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fomento Economico 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 Fomento Economico stock prices may prove useful in developing a viable investing in Fomento Economico
Last ReportedProjected for Next Year
Common Stock Shares Outstanding20.6 B18.5 B
Net Income Applicable To Common Shares28.5 B29.9 B

Fomento Economico Quarterly Net Working Capital

130.27 Billion

Fomento Economico Stock Technical Analysis

Fomento Economico 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.
A focus of Fomento Economico technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fomento Economico 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...

Price Boundaries

Fomento Economico Period Price Range

Low
February 23, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Fomento Economico Mexicano cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Fomento Economico February 23, 2025 Market Strength

Market strength indicators help investors to evaluate how Fomento Economico stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fomento Economico shares will generate the highest return on investment. By undertsting and applying Fomento Economico stock market strength indicators, traders can identify Fomento Economico Mexicano entry and exit signals to maximize returns

Fomento Economico Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fomento Economico's price direction in advance. Along with the technical and fundamental analysis of Fomento Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fomento 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.

Additional Tools for Fomento Stock Analysis

When running Fomento Economico's price analysis, check to measure Fomento Economico'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 Fomento Economico is operating at the current time. Most of Fomento Economico's value examination focuses on studying past and present price action to predict the probability of Fomento Economico's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fomento Economico's price. Additionally, you may evaluate how the addition of Fomento Economico to your portfolios can decrease your overall portfolio volatility.