Mexico Equity And Fund Price on August 28, 2024

MXE Fund  USD 8.38  0.02  0.24%   
Below is the normalized historical share price chart for Mexico Equity And extending back to August 15, 1990. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mexico Equity stands at 8.38, as last reported on the 26th of November, with the highest price reaching 8.64 and the lowest price hitting 8.36 during the day.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Mexico Fund, it is important to understand the factors that can impact its price. Mexico Equity And has Sharpe Ratio of -0.065, which conveys that the entity had a -0.065% return per unit of risk over the last 3 months. Mexico Equity exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mexico Equity's Mean Deviation of 0.9348, risk adjusted performance of (0.07), and Standard Deviation of 1.27 to check out the risk estimate we provide.
  
Mexico Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.065

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Estimated Market Risk

 1.17
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.08
  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 Mexico Equity 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 Mexico Equity by adding Mexico Equity to a well-diversified portfolio.
Market Capitalization
36.1 M

Mexico Equity Main Headline on 28th of August 2024

Haivision Systems Inc. Short Interest Update Defense World

Mexico Equity Valuation on August 28, 2024

It is possible to determine the worth of Mexico Equity on a given historical date. On August 28, 2024 Mexico was worth 8.75 at the beginning of the trading date compared to the closed value of 8.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mexico Equity fund. Still, in general, we apply an absolute valuation method to find Mexico Equity'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 Mexico Equity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mexico Equity's related companies.
 Open High Low Close Volume
  9.00    9.12    8.82    8.82    16,710  
08/28/2024
  8.75    8.91    8.75    8.83    21,700  
  8.79    8.84    8.75    8.84    1,000.00  
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Open Value
8.75
8.83
Closing Value
12.27
Upside

Mexico Equity Trading Date Momentum on August 28, 2024

On August 29 2024 Mexico Equity And was traded for  8.84  at the closing time. Highest Mexico Equity's price during the trading hours was 8.84  and the lowest price during the day was  8.75 . The net volume was 1000. The overall trading history on the 29th of August contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.11% . The trading delta at closing time to current price is 1.93% .

Mexico Equity And Fundamentals Correlations and Trends

By evaluating Mexico Equity'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 Mexico Equity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mexico financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Mexico Equity Fund history

Mexico Equity 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 Mexico is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mexico Equity And 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 Mexico Equity stock prices may prove useful in developing a viable investing in Mexico Equity
Mexico Equity Income Fund Inc. is a closed ended balanced mutual fund launched and managed by Pichardo Asset Management, S.A. de C.V. The fund invests in the fixed income and public equity markets of Mexico. It also invests some portion in the convertible securities. The fund invests in the stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the Mexbol and MSCI Mexico Index. Mexico Equity Income Fund Inc. was formed on May 24, 1990 and is domiciled in the United States.

Mexico Equity Fund Technical Analysis

Mexico Equity technical fund 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, fund market cycles, or different charting patterns.
A focus of Mexico Equity technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mexico Equity 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

Mexico Equity Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mexico Equity And cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Mexico Equity November 26, 2024 Market Strength

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

Mexico Equity Technical and Predictive Indicators

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

Mexico Equity financial ratios help investors to determine whether Mexico Fund 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 Mexico with respect to the benefits of owning Mexico Equity security.
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