Fomento Economico Mexicano Stock Statistic Functions Beta

FMX Stock  USD 87.28  0.65  0.75%   
Fomento Economico statistic functions tool provides the execution environment for running the Beta function and other technical functions against Fomento Economico. Fomento Economico value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Fomento Economico statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Fomento Economico correlated with the market. If Beta is less than 0 Fomento Economico generally moves in the opposite direction as compared to the market. If Fomento Economico Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fomento Economico is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fomento Economico is generally in the same direction as the market. If Beta > 1 Fomento Economico moves generally in the same direction as, but more than the movement of the benchmark.

Fomento Economico Technical Analysis Modules

Most technical analysis of Fomento Economico help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Fomento from various momentum indicators to cycle indicators. When you analyze Fomento charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Fomento Economico Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fomento Economico Mexicano. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fomento Economico Mexicano based on widely used predictive technical indicators. In general, we focus on analyzing Fomento Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fomento Economico's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Fomento Economico's intrinsic value. In addition to deriving basic predictive indicators for Fomento Economico, we also check how macroeconomic factors affect Fomento Economico price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 2025 (projected)
Dividend Yield0.03270.02430.02190.0139
Price To Sales Ratio0.81.10.991.04
Hype
Prediction
LowEstimatedHigh
85.3286.9888.64
Details
Intrinsic
Valuation
LowRealHigh
78.2299.48101.14
Details
Naive
Forecast
LowNextHigh
88.7490.4092.06
Details
12 Analysts
Consensus
LowTargetHigh
111.25122.25135.70
Details

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Additional Tools for Fomento Stock Analysis

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