Genomma Lab (Mexico) Price on March 19, 2024
| LABB Stock | MXN 27.17 0.72 2.72% |
If you're considering investing in Genomma Stock, it is important to understand the factors that can impact its price. As of today, the current price of Genomma Lab stands at 27.17, as last reported on the 1st of December, with the highest price reaching 27.35 and the lowest price hitting 26.45 during the day. Genomma Lab appears to be very steady, given 3 months investment horizon. Genomma Lab Internacional holds Efficiency (Sharpe) Ratio of 0.3, which attests that the entity had a 0.3% return per unit of risk over the last 3 months. By evaluating Genomma Lab's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please utilize Genomma Lab's Risk Adjusted Performance of 0.2349, downside deviation of 1.61, and Market Risk Adjusted Performance of (1.07) to validate if our risk estimates are consistent with your expectations.
Genomma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Genomma |
Sharpe Ratio = 0.2966
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | LABB | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average Genomma Lab is performing at about 23% 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 Genomma Lab by adding it to a well-diversified portfolio.
Genomma Lab Valuation on March 19, 2024
It is possible to determine the worth of Genomma Lab on a given historical date. On March 19, 2024 Genomma was worth 14.13 at the beginning of the trading date compared to the closed value of 14.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Genomma Lab stock. Still, in general, we apply an absolute valuation method to find Genomma Lab'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 Genomma Lab where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Genomma Lab's related companies.
| Open | High | Low | Close | Volume | |
| 13.89 | 14.30 | 13.89 | 14.21 | 8,561,592 | |
03/19/2024 | 14.13 | 14.35 | 13.93 | 14.30 | 2,450,838 |
| 14.16 | 14.46 | 14.16 | 14.39 | 2,534,133 |
| Backtest Genomma Lab | | | Genomma Lab History | | | Genomma Lab Valuation | Previous | Next |
Genomma Lab Trading Date Momentum on March 19, 2024
| On March 20 2024 Genomma Lab Internacional was traded for 14.39 at the closing time. The highest price during the trading period was 14.46 and the lowest recorded bid was listed for 14.16 . The volume for the day was 2.5 M. This history from March 20, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.63% . The overall trading delta to the current price is 7.97% . |
Genomma Lab Internacional Fundamentals Correlations and Trends
By evaluating Genomma Lab'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 Genomma Lab's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Genomma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Genomma Lab Stock history
Genomma Lab 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 Genomma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Genomma Lab Internacional 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 Genomma Lab stock prices may prove useful in developing a viable investing in Genomma Lab
Genomma Lab Internacional, S.A.B. de C.V. together with its subsidiaries, engages in the development, marketing, and sale of over-the-counter pharmaceutical and personal care products in Mexico, the United States, and Latin America. Genomma Lab Internacional, S.A.B. de C.V. was founded in 1996 and is based in Mexico City, Mexico. GENOMMA LAB operates under Drug ManufacturersSpecialty Generic classification in Mexico and is traded on Mexico Stock Exchange. It employs 1451 people.
Genomma Lab Stock Technical Analysis
Genomma Lab 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
Genomma Lab Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Genomma Lab Internacional 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.
Genomma Lab December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Genomma Lab stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Genomma Lab shares will generate the highest return on investment. By undertsting and applying Genomma Lab stock market strength indicators, traders can identify Genomma Lab Internacional entry and exit signals to maximize returns
Genomma Lab Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Genomma Lab's price direction in advance. Along with the technical and fundamental analysis of Genomma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Genomma 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 | 0.2349 | |||
| Jensen Alpha | 0.6407 | |||
| Total Risk Alpha | 0.2478 | |||
| Sortino Ratio | 0.2767 | |||
| Treynor Ratio | (1.08) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Genomma Stock Analysis
When running Genomma Lab's price analysis, check to measure Genomma Lab'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 Genomma Lab is operating at the current time. Most of Genomma Lab's value examination focuses on studying past and present price action to predict the probability of Genomma Lab's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genomma Lab's price. Additionally, you may evaluate how the addition of Genomma Lab to your portfolios can decrease your overall portfolio volatility.