Grupo Bimbo Sab Stock Price on November 22, 2024
GRBMF Stock | USD 3.12 0.20 6.85% |
If you're considering investing in Grupo Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Grupo Bimbo stands at 3.12, as last reported on the 30th of November, with the highest price reaching 3.12 and the lowest price hitting 3.12 during the day. Grupo Bimbo SAB holds Efficiency (Sharpe) Ratio of -0.0822, which attests that the entity had a -0.0822% return per unit of risk over the last 3 months. Grupo Bimbo SAB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grupo Bimbo's Risk Adjusted Performance of (0.05), market risk adjusted performance of (1.02), and Standard Deviation of 3.01 to validate the risk estimate we provide.
Grupo Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Grupo |
Sharpe Ratio = -0.0822
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Estimated Market Risk
2.98 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.24 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 Grupo Bimbo 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 Bimbo by adding Grupo Bimbo to a well-diversified portfolio.
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Grupo Bimbo Valuation on November 22, 2024
It is possible to determine the worth of Grupo Bimbo on a given historical date. On November 22, 2024 Grupo was worth 3.05 at the beginning of the trading date compared to the closed value of 3.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grupo Bimbo pink sheet. Still, in general, we apply an absolute valuation method to find Grupo Bimbo'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 Bimbo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grupo Bimbo's related companies.
Open | High | Low | Close | Volume | |
3.04 | 3.05 | 3.00 | 3.05 | 12,000 | |
11/22/2024 | 3.05 | 3.05 | 3.05 | 3.05 | 1.00 |
2.64 | 3.00 | 2.64 | 3.00 | 8,100 |
Backtest Grupo Bimbo | | | Grupo Bimbo History | | | Grupo Bimbo Valuation | Previous | Next |
Grupo Bimbo Trading Date Momentum on November 22, 2024
On November 25 2024 Grupo Bimbo SAB was traded for 3.00 at the closing time. The highest daily price throughout the period was 3.00 and the lowest price was 2.64 . The daily volume was 8.1 K. The net trading volume on 11/25/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.64% . The overall trading delta to current closing price is 2.30% . |
Grupo Bimbo SAB Fundamentals Correlations and Trends
By evaluating Grupo Bimbo'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 Bimbo'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 Bimbo Pink Sheet history
Grupo Bimbo 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 Bimbo 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 Bimbo stock prices may prove useful in developing a viable investing in Grupo Bimbo
Grupo Bimbo, S.A.B. de C.V., together with its subsidiaries, produces, distributes, and sells various bakery products. The company was founded in 1945 and is headquartered in Mexico City, Mexico with additional locations in Argentina, Brazil, Canada, Chile, China, Colombia, Costa Rica, Ecuador, El Salvador, France, Guatemala, Honduras, India, Italy, Kazakhstan, Mexico, Morocco, Nicaragua, Panama, Paraguay, Peru, Portugal, Russia, South Africa, South Korea, Spain, Switzerland, Turkey, Ukraine, the United Kingdom, Uruguay, the United States, and Venezuela. Grupo Bimbo operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 141824 people.
Grupo Bimbo Pink Sheet Technical Analysis
Grupo Bimbo 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
Grupo Bimbo Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Grupo Bimbo SAB 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.
Grupo Bimbo November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Grupo Bimbo 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 Grupo Bimbo shares will generate the highest return on investment. By undertsting and applying Grupo Bimbo pink sheet market strength indicators, traders can identify Grupo Bimbo SAB entry and exit signals to maximize returns
Grupo Bimbo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grupo Bimbo's price direction in advance. Along with the technical and fundamental analysis of Grupo Pink Sheet 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 | (0.05) | |||
Jensen Alpha | (0.27) | |||
Total Risk Alpha | (0.74) | |||
Treynor Ratio | (1.03) |
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Complementary Tools for Grupo Pink Sheet analysis
When running Grupo Bimbo's price analysis, check to measure Grupo Bimbo'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 Bimbo is operating at the current time. Most of Grupo Bimbo's value examination focuses on studying past and present price action to predict the probability of Grupo Bimbo'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 Bimbo's price. Additionally, you may evaluate how the addition of Grupo Bimbo to your portfolios can decrease your overall portfolio volatility.
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