Grupo Elektra (Mexico) Price on February 23, 2023

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 28th 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 Market Risk Adjusted Performance of 0.4935, risk adjusted performance of (0.04), and Standard Deviation of 9.96 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.

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 February 23, 2023

It is possible to determine the worth of Grupo Elektra on a given historical date. On February 23, 2023 Grupo was worth 954.37 at the beginning of the trading date compared to the closed value of 935.75. 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
  956.16    962.68    931.41    954.32    119,166  
02/23/2023
  954.37    964.16    912.54    935.75    153,065  
  935.82    978.93    932.13    973.00    30,033  
Backtest Grupo Elektra  |  Grupo Elektra History  |  Grupo Elektra Valuation   PreviousNext  
Open Value
954.37
923.54
Downside
935.75
Closing Value
985.20
Upside

Grupo Elektra Trading Date Momentum on February 23, 2023

On February 24 2023 Grupo Elektra SAB was traded for  973.00  at the closing time. The highest price during the trading period was 978.93  and the lowest recorded bid was listed for  932.13 . The volume for the day was 30 K. This history from February 24, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 3.98% . The overall trading delta to the current price is 2.71% .

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

Grupo Elektra Period Price Range

Low
December 28, 2024
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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 28, 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.

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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