Fomento Economico Mexicano Stock Price on December 20, 2024

FMX Stock  USD 87.33  0.03  0.03%   
Below is the normalized historical share price chart for Fomento Economico Mexicano extending back to May 11, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fomento Economico stands at 87.33, as last reported on the 25th of December, with the highest price reaching 88.16 and the lowest price hitting 86.91 during the day.
IPO Date
11th of May 1998
200 Day MA
107.9606
50 Day MA
92.5854
Beta
0.386
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Fomento Stock, it is important to understand the factors that can impact its price. Fomento Economico secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the company had a -0.15% return per unit of risk over the last 3 months. Fomento Economico Mexicano exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fomento Economico's Mean Deviation of 1.02, variance of 1.79, and Standard Deviation of 1.34 to check the risk estimate we provide.
  
At this time, Fomento Economico's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 846.1 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 18.5 B in 2024. . Price To Free Cash Flows Ratio is likely to rise to 140.62 in 2024, whereas Price To Sales Ratio is likely to drop 2.08 in 2024. Fomento Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.151

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Estimated Market Risk

 1.36
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.2
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average Fomento Economico 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 Fomento Economico by adding Fomento Economico to a well-diversified portfolio.
Price Book
2.1019
Enterprise Value Ebitda
10.4981
Price Sales
0.2031
Shares Float
2.7 B
Dividend Share
4.397

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Fomento Economico Valuation on December 20, 2024

It is possible to determine the worth of Fomento Economico on a given historical date. On December 20, 2024 Fomento was worth 85.12 at the beginning of the trading date compared to the closed value of 87.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fomento Economico stock. Still, in general, we apply an absolute valuation method to find Fomento Economico'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 Fomento Economico where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fomento Economico's related companies.
 Open High Low Close Volume
  86.74    87.74    84.49    84.71    594,491  
12/20/2024
  85.12    87.52    84.73    87.30    457,082  
  87.45    88.16    86.91    87.33    245,325  
Backtest Fomento Economico  |  Fomento Economico History  |  Fomento Economico Valuation   PreviousNext  
Open Value
85.12
87.3
Closing Value
89.19
Upside

Fomento Economico Trading Date Momentum on December 20, 2024

On December 23 2024 Fomento Economico Mexicano was traded for  87.33  at the closing time. Highest Fomento Economico's price during the trading hours was 88.16  and the lowest price during the day was  86.91 . The net volume was 245.3 K. The overall trading history on the 23rd of December contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.03% . The overall trading delta to current price is 0.17% .

Fomento Economico Fundamentals Correlations and Trends

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

About Fomento Economico Stock history

Fomento Economico 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 Fomento is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fomento Economico 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 Fomento Economico stock prices may prove useful in developing a viable investing in Fomento Economico
Last ReportedProjected for Next Year
Common Stock Shares Outstanding20.6 B18.5 B
Net Income Applicable To Common Shares28.5 B29.9 B

Fomento Economico Quarterly Net Working Capital

130.27 Billion

Fomento Economico Stock Technical Analysis

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

Fomento Economico Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Fomento Economico Mexicano cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Fomento Economico December 25, 2024 Market Strength

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

Fomento Economico Technical and Predictive Indicators

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

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.