Fomento Econmico Mexicano Stock Price on December 3, 2024
FMXUF Stock | USD 8.64 0.00 0.00% |
If you're considering investing in Fomento Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Fomento Econmico stands at 8.64, as last reported on the 11th of December 2024, with the highest price reaching 8.64 and the lowest price hitting 8.64 during the day. Fomento Econmico Mexicano secures Sharpe Ratio (or Efficiency) of -0.0834, which denotes the company had a -0.0834% return per unit of risk over the last 3 months. Fomento Econmico Mexicano exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fomento Econmico's Variance of 4.98, standard deviation of 2.23, and Mean Deviation of 1.29 to check the risk estimate we provide.
Fomento Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Fomento |
Sharpe Ratio = -0.0834
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | FMXUF |
Estimated Market Risk
2.28 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fomento Econmico 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 Fomento Econmico by adding Fomento Econmico to a well-diversified portfolio.
Related Headline
Boston Beer Headline on 3rd of December 2024
Boston Beers chief people officer sells 19,606 in stock by investing.com
Boston Beers chief people officer sells 19,606 in stock
Fomento Econmico Valuation on December 3, 2024
It is possible to determine the worth of Fomento Econmico on a given historical date. On December 3, 2024 Fomento was worth 8.64 at the beginning of the trading date compared to the closed value of 8.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fomento Econmico pink sheet. Still, in general, we apply an absolute valuation method to find Fomento Econmico'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 Econmico where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fomento Econmico's related companies.
Open | High | Low | Close | Volume | |
8.64 | 8.64 | 8.64 | 8.64 | 1.00 | |
12/03/2024 | 8.64 | 8.64 | 8.64 | 8.64 | 1.00 |
8.64 | 8.64 | 8.64 | 8.64 | 1.00 |
Backtest Fomento Econmico | | | Fomento Econmico History | | | Fomento Econmico Valuation | Previous | Next |
Fomento Econmico Trading Date Momentum on December 3, 2024
On December 04 2024 Fomento Econmico Mexicano was traded for 8.64 at the closing time. The highest daily price throughout the period was 8.64 and the lowest price was 8.64 . There was no trading activity during the period 1.0. Lack of trading volume on 12/04/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Fomento Econmico Mexicano Fundamentals Correlations and Trends
By evaluating Fomento Econmico'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 Econmico'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 Econmico Pink Sheet history
Fomento Econmico 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 Econmico Mexicano 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 Econmico stock prices may prove useful in developing a viable investing in Fomento Econmico
Fomento Econmico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. Fomento Econmico Mexicano, S.A.B. de C.V. was founded in 1890 and is based in Monterrey, Mexico. Fomento Economico operates under BeveragesBrewers classification in the United States and is traded on OTC Exchange. It employs 330394 people.
Fomento Econmico Pink Sheet Technical Analysis
Fomento Econmico technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Fomento Econmico Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Fomento Econmico Mexicano cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 Econmico December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Fomento Econmico pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fomento Econmico shares will generate the highest return on investment. By undertsting and applying Fomento Econmico pink sheet market strength indicators, traders can identify Fomento Econmico Mexicano entry and exit signals to maximize returns
Fomento Econmico Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fomento Econmico's price direction in advance. Along with the technical and fundamental analysis of Fomento Pink Sheet 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.
Risk Adjusted Performance | (0.06) | |||
Jensen Alpha | (0.20) | |||
Total Risk Alpha | (0.57) | |||
Treynor Ratio | 2.41 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Fomento Pink Sheet analysis
When running Fomento Econmico's price analysis, check to measure Fomento Econmico'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 Econmico is operating at the current time. Most of Fomento Econmico's value examination focuses on studying past and present price action to predict the probability of Fomento Econmico'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 Econmico's price. Additionally, you may evaluate how the addition of Fomento Econmico to your portfolios can decrease your overall portfolio volatility.
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Stocks Directory Find actively traded stocks across global markets | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |