Grupo Carso (Mexico) Price on September 3, 2024
| GCARSOA1 | MXN 121.72 0.38 0.31% |
If you're considering investing in Grupo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Grupo Carso stands at 121.72, as last reported on the 30th of November, with the highest price reaching 125.97 and the lowest price hitting 119.76 during the day. At this point, Grupo Carso is very steady. Grupo Carso SAB holds Efficiency (Sharpe) Ratio of 0.0352, which attests that the entity had a 0.0352% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Grupo Carso SAB, which you can use to evaluate the volatility of the firm. Please check out Grupo Carso's Market Risk Adjusted Performance of (0.31), downside deviation of 1.52, and Risk Adjusted Performance of 0.0393 to validate if the risk estimate we provide is consistent with the expected return of 0.069%.
Grupo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Grupo |
Sharpe Ratio = 0.0352
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | GCARSOA1 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Grupo Carso 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 Grupo Carso by adding it to a well-diversified portfolio.
Grupo Carso Valuation on September 3, 2024
It is possible to determine the worth of Grupo Carso on a given historical date. On September 3, 2024 Grupo was worth 117.06 at the beginning of the trading date compared to the closed value of 116.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grupo Carso stock. Still, in general, we apply an absolute valuation method to find Grupo Carso'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 Grupo Carso where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grupo Carso's related companies.
| Open | High | Low | Close | Volume | |
| 118.95 | 120.90 | 117.05 | 117.98 | 128,206 | |
09/03/2024 | 117.06 | 120.60 | 113.15 | 116.00 | 389,896 |
| 116.50 | 119.00 | 116.03 | 117.57 | 247,766 |
| Backtest Grupo Carso | | | Grupo Carso History | | | Grupo Carso Valuation | Previous | Next |
Grupo Carso Trading Date Momentum on September 3, 2024
| On September 04 2024 Grupo Carso SAB was traded for 117.57 at the closing time. The highest price during the trading period was 119.00 and the lowest recorded bid was listed for 116.03 . The volume for the day was 247.8 K. This history from September 4, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.35% . The overall trading delta to the current price is 1.78% . |
Grupo Carso SAB Fundamentals Correlations and Trends
By evaluating Grupo Carso'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 Grupo Carso's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grupo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grupo Carso Stock history
Grupo Carso 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 Grupo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grupo Carso SAB 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 Grupo Carso stock prices may prove useful in developing a viable investing in Grupo Carso
Grupo Carso, S.A.B. de C.V., together with its subsidiaries, engages in the commercial, industrial, infrastructure and construction, and energy sectors. Grupo Carso, S.A.B. de C.V. is incorporated in 1980 and is headquartered in Mexico City, Mexico. GRUPO CARSO operates under Conglomerates classification in Mexico and is traded on Mexico Stock Exchange. It employs 75022 people.
Grupo Carso Stock Technical Analysis
Grupo Carso 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
Grupo Carso Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Grupo Carso 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.
Grupo Carso November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Grupo Carso stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grupo Carso shares will generate the highest return on investment. By undertsting and applying Grupo Carso stock market strength indicators, traders can identify Grupo Carso SAB entry and exit signals to maximize returns
Grupo Carso Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grupo Carso's price direction in advance. Along with the technical and fundamental analysis of Grupo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grupo 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 | 0.0393 | |||
| Jensen Alpha | 0.1041 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.32) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Grupo Stock analysis
When running Grupo Carso's price analysis, check to measure Grupo Carso'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 Grupo Carso is operating at the current time. Most of Grupo Carso's value examination focuses on studying past and present price action to predict the probability of Grupo Carso's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Carso's price. Additionally, you may evaluate how the addition of Grupo Carso to your portfolios can decrease your overall portfolio volatility.
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |