Orbia Advance (Mexico) Price on August 25, 2023
ORBIA Stock | MXN 18.41 0.10 0.55% |
If you're considering investing in Orbia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Orbia Advance stands at 18.41, as last reported on the 11th of December 2024, with the highest price reaching 18.70 and the lowest price hitting 18.31 during the day. Orbia Advance maintains Sharpe Ratio (i.e., Efficiency) of -0.049, which implies the firm had a -0.049% return per unit of risk over the last 3 months. Orbia Advance exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orbia Advance's Risk Adjusted Performance of (0.02), variance of 4.84, and Coefficient Of Variation of (3,123) to confirm the risk estimate we provide.
Orbia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Orbia |
Sharpe Ratio = -0.049
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | ORBIA |
Estimated Market Risk
2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Orbia Advance 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 Orbia Advance by adding Orbia Advance to a well-diversified portfolio.
Orbia Advance Valuation on August 25, 2023
It is possible to determine the worth of Orbia Advance on a given historical date. On August 25, 2023 Orbia was worth 34.93 at the beginning of the trading date compared to the closed value of 34.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orbia Advance stock. Still, in general, we apply an absolute valuation method to find Orbia Advance'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 Orbia Advance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orbia Advance's related companies.
Open | High | Low | Close | Volume | |
34.53 | 35.33 | 34.43 | 34.91 | 1,298,328 | |
08/25/2023 | 34.93 | 35.25 | 34.71 | 34.88 | 1,209,879 |
34.68 | 35.39 | 34.68 | 34.99 | 1,307,332 |
Backtest Orbia Advance | | | Orbia Advance History | | | Orbia Advance Valuation | Previous | Next |
Orbia Advance Trading Date Momentum on August 25, 2023
On August 28 2023 Orbia Advance was traded for 34.99 at the closing time. The highest price during the trading period was 35.39 and the lowest recorded bid was listed for 34.68 . The volume for the day was 1.3 M. This history from August 28, 2023 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 0.32% . The trading delta at closing time to the current price is 4.04% . |
Orbia Advance Fundamentals Correlations and Trends
By evaluating Orbia Advance'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 Orbia Advance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orbia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orbia Advance Stock history
Orbia Advance 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 Orbia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orbia Advance 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 Orbia Advance stock prices may prove useful in developing a viable investing in Orbia Advance
Orbia Advance Corporation, S.A.B. de C.V. provides products and solutions for precision agriculture, building and infrastructure, fluor, polymer solutions, and data communications sectors worldwide. Orbia Advance Corporation, S.A.B. de C.V. was founded in 1953 and is headquartered in Mexico City, Mexico. ORBIA ADVANCE operates under Chemicals classification in Mexico and is traded on Mexico Stock Exchange. It employs 22129 people.
Orbia Advance Stock Technical Analysis
Orbia Advance 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
Orbia Advance Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Orbia Advance 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.
Orbia Advance December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Orbia Advance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orbia Advance shares will generate the highest return on investment. By undertsting and applying Orbia Advance stock market strength indicators, traders can identify Orbia Advance entry and exit signals to maximize returns
Orbia Advance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orbia Advance's price direction in advance. Along with the technical and fundamental analysis of Orbia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orbia 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 | (0.02) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.43) | |||
Treynor Ratio | (0.13) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Orbia Stock
Orbia Advance financial ratios help investors to determine whether Orbia 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 Orbia with respect to the benefits of owning Orbia Advance security.