Grupo Financiero (Mexico) Price on September 28, 2024
GFNORTEO | MXN 134.05 5.06 3.64% |
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 Financiero stands at 134.05, as last reported on the 27th of November, with the highest price reaching 139.09 and the lowest price hitting 133.50 during the day. Grupo Financiero Banorte holds Efficiency (Sharpe) Ratio of -0.0018, which attests that the entity had a -0.0018% return per unit of risk over the last 3 months. Grupo Financiero Banorte exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grupo Financiero's Market Risk Adjusted Performance of 0.052, risk adjusted performance of 0.0045, and Standard Deviation of 1.93 to validate the risk estimate we provide.
Grupo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Grupo |
Sharpe Ratio = -0.0018
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Estimated Market Risk
1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Grupo Financiero 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 Grupo Financiero by adding Grupo Financiero to a well-diversified portfolio.
Grupo Financiero Valuation on September 28, 2024
It is possible to determine the worth of Grupo Financiero on a given historical date. On September 28, 2024 Grupo was worth 145.11 at the beginning of the trading date compared to the closed value of 140.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grupo Financiero stock. Still, in general, we apply an absolute valuation method to find Grupo Financiero'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 Financiero where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grupo Financiero's related companies.
Open | High | Low | Close | Volume | |
142.01 | 148.96 | 142.01 | 144.85 | 8,364,202 | |
09/27/2024 | 145.11 | 145.49 | 140.24 | 140.41 | 7,006,696 |
140.42 | 141.05 | 139.19 | 140.14 | 12,143,929 |
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Grupo Financiero Trading Date Momentum on September 28, 2024
On September 30 2024 Grupo Financiero Banorte was traded for 140.14 at the closing time. The highest price during the trading period was 141.05 and the lowest recorded bid was listed for 139.19 . The volume for the day was 12.1 M. This history from September 30, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.19% . The overall trading delta to the current price is 10.40% . |
Grupo Financiero Banorte Fundamentals Correlations and Trends
By evaluating Grupo Financiero'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 Financiero'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 Financiero Stock history
Grupo Financiero 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 Financiero Banorte 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 Financiero stock prices may prove useful in developing a viable investing in Grupo Financiero
Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, provides banking and financial products and services in Mexico. Grupo Financiero Banorte, S.A.B. de C.V. was founded in 1899 and is based in Santa Fe, Mexico. GRUPO FINANCIERO operates under BanksRegional classification in Mexico and is traded on Mexico Stock Exchange.
Grupo Financiero Stock Technical Analysis
Grupo Financiero 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 Financiero Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Grupo Financiero Banorte 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 Financiero November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Grupo Financiero 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 Financiero shares will generate the highest return on investment. By undertsting and applying Grupo Financiero stock market strength indicators, traders can identify Grupo Financiero Banorte entry and exit signals to maximize returns
Grupo Financiero Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grupo Financiero'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 | 0.0045 | |||
Jensen Alpha | 0.0257 | |||
Total Risk Alpha | (0.32) | |||
Treynor Ratio | 0.042 |
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Complementary Tools for Grupo Stock analysis
When running Grupo Financiero's price analysis, check to measure Grupo Financiero'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 Financiero is operating at the current time. Most of Grupo Financiero's value examination focuses on studying past and present price action to predict the probability of Grupo Financiero'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 Financiero's price. Additionally, you may evaluate how the addition of Grupo Financiero to your portfolios can decrease your overall portfolio volatility.
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