Gruma SAB (Mexico) Price on October 18, 2024
GRUMAB Stock | MXN 341.88 0.13 0.04% |
If you're considering investing in Gruma Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gruma SAB stands at 341.88, as last reported on the 26th of November, with the highest price reaching 347.99 and the lowest price hitting 340.10 during the day. Gruma SAB de holds Efficiency (Sharpe) Ratio of -0.0564, which attests that the entity had a -0.0564% return per unit of risk over the last 3 months. Gruma SAB de exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gruma SAB's Standard Deviation of 1.69, risk adjusted performance of (0.05), and Market Risk Adjusted Performance of (8.31) to validate the risk estimate we provide.
Gruma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gruma |
Sharpe Ratio = -0.0564
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Estimated Market Risk
1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gruma SAB 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 Gruma SAB by adding Gruma SAB to a well-diversified portfolio.
Gruma SAB Valuation on October 18, 2024
It is possible to determine the worth of Gruma SAB on a given historical date. On October 18, 2024 Gruma was worth 351.38 at the beginning of the trading date compared to the closed value of 358.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gruma SAB stock. Still, in general, we apply an absolute valuation method to find Gruma SAB'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 Gruma SAB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gruma SAB's related companies.
Open | High | Low | Close | Volume | |
350.10 | 356.20 | 347.01 | 354.06 | 295,065 | |
10/18/2024 | 351.38 | 359.89 | 351.00 | 358.00 | 944,733 |
358.00 | 359.99 | 349.02 | 356.14 | 235,289 |
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Gruma SAB Trading Date Momentum on October 18, 2024
On October 21 2024 Gruma SAB de was traded for 356.14 at the closing time. The highest price during the trading period was 359.99 and the lowest recorded bid was listed for 349.02 . The volume for the day was 235.3 K. This history from October 21, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.52% . The overall trading delta to the current price is 3.98% . |
Gruma SAB de Fundamentals Correlations and Trends
By evaluating Gruma SAB'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 Gruma SAB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gruma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gruma SAB Stock history
Gruma SAB 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 Gruma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gruma SAB de 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 Gruma SAB stock prices may prove useful in developing a viable investing in Gruma SAB
Gruma, S.A.B. de C.V., together with its subsidiaries, produces, sells, and exports corn flour, tortillas, and other related products. Gruma, S.A.B. de C.V. was founded in 1949 and is headquartered in San Pedro Garza Garca, Mexico. GRUMA SAB operates under Packaged Foods classification in Mexico and is traded on Mexico Stock Exchange. It employs 21913 people.
Gruma SAB Stock Technical Analysis
Gruma SAB 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
Gruma SAB Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Gruma SAB de 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.
Gruma SAB November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Gruma SAB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gruma SAB shares will generate the highest return on investment. By undertsting and applying Gruma SAB stock market strength indicators, traders can identify Gruma SAB de entry and exit signals to maximize returns
Gruma SAB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gruma SAB's price direction in advance. Along with the technical and fundamental analysis of Gruma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gruma 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 | (0.14) | |||
Total Risk Alpha | (0.40) | |||
Treynor Ratio | (8.32) |
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Volume Indicators |
Complementary Tools for Gruma Stock analysis
When running Gruma SAB's price analysis, check to measure Gruma SAB'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 Gruma SAB is operating at the current time. Most of Gruma SAB's value examination focuses on studying past and present price action to predict the probability of Gruma SAB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gruma SAB's price. Additionally, you may evaluate how the addition of Gruma SAB to your portfolios can decrease your overall portfolio volatility.
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