Grupo Elektra (Mexico) Price on January 15, 2024
ELEKTRA Stock | MXN 358.63 23.62 7.05% |
If you're considering investing in Grupo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Grupo Elektra stands at 358.63, as last reported on the 29th of December, with the highest price reaching 360.00 and the lowest price hitting 314.62 during the day. Grupo Elektra SAB holds Efficiency (Sharpe) Ratio of -0.0617, which attests that the entity had a -0.0617% return per unit of risk over the last 3 months. Grupo Elektra SAB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grupo Elektra's Standard Deviation of 9.96, risk adjusted performance of (0.04), and Market Risk Adjusted Performance of 0.4935 to validate the risk estimate we provide.
Grupo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Grupo |
Sharpe Ratio = -0.0617
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Estimated Market Risk
10.28 actual daily | 91 91% of assets are less volatile |
Expected Return
-0.63 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 Grupo Elektra 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 Grupo Elektra by adding Grupo Elektra to a well-diversified portfolio.
Grupo Elektra Valuation on January 15, 2024
It is possible to determine the worth of Grupo Elektra on a given historical date. On January 15, 2024 Grupo was worth 1153.25 at the beginning of the trading date compared to the closed value of 1153.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grupo Elektra stock. Still, in general, we apply an absolute valuation method to find Grupo Elektra'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 Grupo Elektra where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grupo Elektra's related companies.
Open | High | Low | Close | Volume | |
1,164 | 1,164 | 1,147 | 1,149 | 66,601 | |
01/15/2024 | 1,153 | 1,156 | 1,146 | 1,153 | 70,087 |
1,150 | 1,173 | 1,144 | 1,148 | 83,609 |
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Grupo Elektra Trading Date Momentum on January 15, 2024
On January 16 2024 Grupo Elektra SAB was traded for 1,148 at the closing time. The highest price during the trading period was 1,173 and the lowest recorded bid was listed for 1,144 . The volume for the day was 83.6 K. This history from January 16, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.46% . The overall trading delta to the current price is 0.14% . |
Grupo Elektra SAB Fundamentals Correlations and Trends
By evaluating Grupo Elektra'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 Grupo Elektra's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grupo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grupo Elektra Stock history
Grupo Elektra 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 Grupo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grupo Elektra SAB 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 Grupo Elektra stock prices may prove useful in developing a viable investing in Grupo Elektra
Grupo Elektra, S.A.B. de C.V. operates as a financial services and specialty retailing company in Latin America, as well as a short-term non-bank loan provider in the United States. Grupo Elektra, S.A.B. de C.V. was founded in 1950 and is headquartered in Mexico City, Mexico. GRUPO ELEKTRA operates under Financial Conglomerates classification in Mexico and is traded on Mexico Stock Exchange. It employs 69973 people.
Grupo Elektra Stock Technical Analysis
Grupo Elektra 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
Grupo Elektra Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Grupo Elektra SAB 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.
Grupo Elektra December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Grupo Elektra stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grupo Elektra shares will generate the highest return on investment. By undertsting and applying Grupo Elektra stock market strength indicators, traders can identify Grupo Elektra SAB entry and exit signals to maximize returns
Grupo Elektra Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grupo Elektra's price direction in advance. Along with the technical and fundamental analysis of Grupo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grupo 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 | (0.04) | |||
Jensen Alpha | (0.58) | |||
Total Risk Alpha | (0.88) | |||
Treynor Ratio | 0.4835 |
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Complementary Tools for Grupo Stock analysis
When running Grupo Elektra's price analysis, check to measure Grupo Elektra'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 Elektra is operating at the current time. Most of Grupo Elektra's value examination focuses on studying past and present price action to predict the probability of Grupo Elektra'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 Elektra's price. Additionally, you may evaluate how the addition of Grupo Elektra to your portfolios can decrease your overall portfolio volatility.
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