Minera Frisco (Mexico) Price on March 6, 2024
| MFRISCOA-1 | MXN 3.64 0.16 4.21% |
If you're considering investing in Minera Stock, it is important to understand the factors that can impact its price. As of today, the current price of Minera Frisco stands at 3.64, as last reported on the 27th of November, with the highest price reaching 3.80 and the lowest price hitting 3.57 during the day. Minera Frisco appears to be relatively risky, given 3 months investment horizon. Minera Frisco SAB has Sharpe Ratio of 0.0784, which conveys that the firm had a 0.0784% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Minera Frisco, which you can use to evaluate the volatility of the firm. Please exercise Minera Frisco's Risk Adjusted Performance of 0.063, mean deviation of 2.04, and Downside Deviation of 2.83 to check out if our risk estimates are consistent with your expectations.
Minera Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Minera |
Sharpe Ratio = 0.0784
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Estimated Market Risk
| 3.0 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Minera Frisco is performing at about 6% 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 Minera Frisco by adding it to a well-diversified portfolio.
Minera Frisco Valuation on March 6, 2024
It is possible to determine the worth of Minera Frisco on a given historical date. On March 6, 2024 Minera was worth 3.63 at the beginning of the trading date compared to the closed value of 3.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Minera Frisco stock. Still, in general, we apply an absolute valuation method to find Minera Frisco'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 Minera Frisco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Minera Frisco's related companies.
| Open | High | Low | Close | Volume | |
| 3.60 | 3.63 | 3.52 | 3.52 | 52,007 | |
03/06/2024 | 3.63 | 3.68 | 3.60 | 3.62 | 14,363 |
| 3.67 | 3.79 | 3.67 | 3.76 | 270,468 |
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Minera Frisco Trading Date Momentum on March 6, 2024
| On March 07 2024 Minera Frisco SAB was traded for 3.76 at the closing time. The highest price during the trading period was 3.79 and the lowest recorded bid was listed for 3.67 . The volume for the day was 270.5 K. This history from March 7, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 3.87% . The trading delta at closing time to the current price is 2.76% . |
Minera Frisco SAB Fundamentals Correlations and Trends
By evaluating Minera Frisco'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 Minera Frisco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Minera financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Minera Frisco Stock history
Minera Frisco 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 Minera is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Minera Frisco 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 Minera Frisco stock prices may prove useful in developing a viable investing in Minera Frisco
Minera Frisco, S.A.B. de C.V. engages in the exploration and exploitation of mining lots for the production and sale of gold and silver dor bars. Minera Frisco, S.A.B. de C.V. was founded in 2011 and is based in Mexico City, Mexico. MINERA FRISCO operates under Industrial Metals Minerals classification in Mexico and is traded on Mexico Stock Exchange. It employs 5278 people.
Minera Frisco Stock Technical Analysis
Minera Frisco 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
Minera Frisco Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Minera Frisco SAB 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.
Minera Frisco November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Minera Frisco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Minera Frisco shares will generate the highest return on investment. By undertsting and applying Minera Frisco stock market strength indicators, traders can identify Minera Frisco SAB entry and exit signals to maximize returns
Minera Frisco Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Minera Frisco's price direction in advance. Along with the technical and fundamental analysis of Minera Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Minera 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 | 0.063 | |||
| Jensen Alpha | 0.1986 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0284 | |||
| Treynor Ratio | 48.55 |
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Other Information on Investing in Minera Stock
Minera Frisco financial ratios help investors to determine whether Minera 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 Minera with respect to the benefits of owning Minera Frisco security.