Grupo Financiero (Mexico) Technical Analysis
GFNORTEO | MXN 143.15 0.95 0.67% |
As of the 22nd of November, Grupo Financiero retains the Risk Adjusted Performance of 0.0063, market risk adjusted performance of 0.0381, and Downside Deviation of 1.73. Grupo Financiero technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Grupo Financiero Banorte information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Grupo Financiero is priced fairly, providing market reflects its last-minute price of 143.15 per share.
Grupo Financiero Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Grupo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GrupoGrupo |
Grupo Financiero 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.
Grupo Financiero Banorte Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Grupo Financiero Banorte volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Grupo Financiero Banorte Trend Analysis
Use this graph to draw trend lines for Grupo Financiero Banorte. You can use it to identify possible trend reversals for Grupo Financiero as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Grupo Financiero price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Grupo Financiero Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Grupo Financiero Banorte applied against its price change over selected period. The best fit line has a slop of 0.14 , which means Grupo Financiero Banorte will continue generating value for investors. It has 122 observation points and a regression sum of squares at 747.55, which is the sum of squared deviations for the predicted Grupo Financiero price change compared to its average price change.About Grupo Financiero Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Grupo Financiero Banorte on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Grupo Financiero Banorte based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Grupo Financiero Banorte price pattern first instead of the macroeconomic environment surrounding Grupo Financiero Banorte. By analyzing Grupo Financiero's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Grupo Financiero's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Grupo Financiero specific price patterns or momentum indicators. Please read more on our technical analysis page.
Grupo Financiero November 22, 2024 Technical Indicators
Most technical analysis of Grupo 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 Grupo from various momentum indicators to cycle indicators. When you analyze Grupo charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0063 | |||
Market Risk Adjusted Performance | 0.0381 | |||
Mean Deviation | 1.46 | |||
Semi Deviation | 1.68 | |||
Downside Deviation | 1.73 | |||
Coefficient Of Variation | 480632.9 | |||
Standard Deviation | 1.95 | |||
Variance | 3.8 | |||
Information Ratio | (0.05) | |||
Jensen Alpha | 0.0196 | |||
Total Risk Alpha | (0.23) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | 0.0281 | |||
Maximum Drawdown | 10.38 | |||
Value At Risk | (2.94) | |||
Potential Upside | 3.52 | |||
Downside Variance | 3.0 | |||
Semi Variance | 2.83 | |||
Expected Short fall | (1.66) | |||
Skewness | 0.792 | |||
Kurtosis | 1.85 |
Grupo Financiero November 22, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Grupo stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 130,447 | ||
Daily Balance Of Power | 0.17 | ||
Rate Of Daily Change | 1.01 | ||
Day Median Price | 143.23 | ||
Day Typical Price | 143.20 | ||
Price Action Indicator | 0.40 |
Complementary Tools for Grupo Stock analysis
When running Grupo Financiero's price analysis, check to measure Grupo Financiero'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 Grupo Financiero is operating at the current time. Most of Grupo Financiero's value examination focuses on studying past and present price action to predict the probability of Grupo Financiero's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Financiero's price. Additionally, you may evaluate how the addition of Grupo Financiero to your portfolios can decrease your overall portfolio volatility.
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation |