Megacable Holdings (Mexico) Price on April 26, 2024

MEGACPO Stock  MXN 38.88  0.68  1.78%   
If you're considering investing in Megacable Stock, it is important to understand the factors that can impact its price. As of today, the current price of Megacable Holdings stands at 38.88, as last reported on the 30th of November, with the highest price reaching 39.80 and the lowest price hitting 38.29 during the day. Megacable Holdings has Sharpe Ratio of -0.078, which conveys that the firm had a -0.078% return per unit of risk over the last 3 months. Megacable Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Megacable Holdings' Standard Deviation of 1.8, risk adjusted performance of (0.06), and Mean Deviation of 1.36 to check out the risk estimate we provide.
  
Megacable Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.078

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsMEGACPO

Estimated Market Risk

 1.82
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.14
  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 Megacable Holdings 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 Megacable Holdings by adding Megacable Holdings to a well-diversified portfolio.

Megacable Holdings Valuation on April 26, 2024

It is possible to determine the worth of Megacable Holdings on a given historical date. On April 26, 2024 Megacable was worth 46.59 at the beginning of the trading date compared to the closed value of 48.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Megacable Holdings stock. Still, in general, we apply an absolute valuation method to find Megacable Holdings' 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 Megacable Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Megacable Holdings' related companies.
 Open High Low Close Volume
  46.79    47.35    46.30    46.33    856,421  
04/26/2024
  46.59    48.73    46.12    48.11    520,790  
  48.11    48.67    47.44    47.82    966,739  
Backtest Megacable Holdings  |  Megacable Holdings History  |  Megacable Holdings Valuation   PreviousNext  
Open Value
46.59
48.11
Closing Value
52.05
Upside

Megacable Holdings Trading Date Momentum on April 26, 2024

On April 29 2024 Megacable Holdings S was traded for  47.82  at the closing time. The highest price during the trading period was 48.67  and the lowest recorded bid was listed for  47.44 . The volume for the day was 966.7 K. This history from April 29, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.60% . The trading delta at closing time to the current price is 0.91% .

Megacable Holdings Fundamentals Correlations and Trends

By evaluating Megacable Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Megacable Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Megacable financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Megacable Holdings Stock history

Megacable Holdings 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 Megacable is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Megacable Holdings 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 Megacable Holdings stock prices may prove useful in developing a viable investing in Megacable Holdings
V., together with its subsidiaries, engages in the installation, operation, and maintenance of cable television, internet, and telephone signal distribution systems. The company was founded in 1978 and is headquartered in Guadalajara, Mexico. MEGACABLE HOLDINGS operates under Entertainment classification in Mexico and is traded on Mexico Stock Exchange. It employs 23980 people.

Megacable Holdings Stock Technical Analysis

Megacable Holdings 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.
A focus of Megacable Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Megacable Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Megacable Holdings Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Megacable Holdings S 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.

Megacable Holdings November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Megacable Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Megacable Holdings shares will generate the highest return on investment. By undertsting and applying Megacable Holdings stock market strength indicators, traders can identify Megacable Holdings S entry and exit signals to maximize returns

Megacable Holdings Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Megacable Holdings' price direction in advance. Along with the technical and fundamental analysis of Megacable Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Megacable 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.

Other Information on Investing in Megacable Stock

Megacable Holdings financial ratios help investors to determine whether Megacable Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Megacable with respect to the benefits of owning Megacable Holdings security.