Vitro SAB (Mexico) Price on January 19, 2024

VITROA Stock  MXN 8.30  0.30  3.75%   
If you're considering investing in Vitro Stock, it is important to understand the factors that can impact its price. As of today, the current price of Vitro SAB stands at 8.30, as last reported on the 4th of December, with the highest price reaching 8.30 and the lowest price hitting 8.30 during the day. Vitro SAB de owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0593, which indicates the firm had a -0.0593% return per unit of risk over the last 3 months. Vitro SAB de exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vitro SAB's Variance of 2.45, risk adjusted performance of (0.08), and Coefficient Of Variation of (863.76) to confirm the risk estimate we provide.
  
Vitro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0593

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Estimated Market Risk

 1.47
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.09
  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 Vitro SAB 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 Vitro SAB by adding Vitro SAB to a well-diversified portfolio.

Vitro SAB Valuation on January 19, 2024

It is possible to determine the worth of Vitro SAB on a given historical date. On January 19, 2024 Vitro was worth 17.59 at the beginning of the trading date compared to the closed value of 16.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vitro SAB stock. Still, in general, we apply an absolute valuation method to find Vitro SAB'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 Vitro SAB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vitro SAB's related companies.
 Open High Low Close Volume
  17.69    17.69    17.60    17.60    3,549  
01/19/2024
  17.59    17.59    16.80    16.81    7,333  
  16.51    16.51    15.50    15.52    16,742  
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Open Value
17.59
16.81
Closing Value
21.99
Upside

Vitro SAB Trading Date Momentum on January 19, 2024

On January 22 2024 Vitro SAB de was traded for  15.52  at the closing time. The highest price during the trading period was 16.51  and the lowest recorded bid was listed for  15.50 . The volume for the day was 16.7 K. This history from January 22, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 7.67% . The trading price change to the current price is 25.04% .

Vitro SAB de Fundamentals Correlations and Trends

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

About Vitro SAB Stock history

Vitro SAB 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 Vitro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vitro SAB de 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 Vitro SAB stock prices may prove useful in developing a viable investing in Vitro SAB
V., through its subsidiaries, manufactures, processes, distributes, and sells a range of glass products worldwide. V. was founded in 1909 and is headquartered in San Pedro Garza Garca, Mexico. VITRO SAB operates under Specialty Chemicals classification in Mexico and is traded on Mexico Stock Exchange. It employs 14556 people.

Vitro SAB Stock Technical Analysis

Vitro SAB 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 Vitro SAB technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Vitro SAB 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

Vitro SAB Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Vitro SAB de 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.

Vitro SAB December 4, 2024 Market Strength

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

Vitro SAB Technical and Predictive Indicators

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

Complementary Tools for Vitro Stock analysis

When running Vitro SAB's price analysis, check to measure Vitro SAB'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 Vitro SAB is operating at the current time. Most of Vitro SAB's value examination focuses on studying past and present price action to predict the probability of Vitro SAB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vitro SAB's price. Additionally, you may evaluate how the addition of Vitro SAB to your portfolios can decrease your overall portfolio volatility.
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