FOMECONMEXSAB DCV (Germany) Price on December 16, 2024
FOMC Stock | EUR 8.30 0.00 0.00% |
If you're considering investing in FOMECONMEXSAB Stock, it is important to understand the factors that can impact its price. As of today, the current price of FOMECONMEXSAB DCV stands at 8.30, as last reported on the 30th of December, with the highest price reaching 8.30 and the lowest price hitting 8.30 during the day. FOMECONMEXSAB DCV UTS secures Sharpe Ratio (or Efficiency) of -0.053, which denotes the company had a -0.053% return per unit of risk over the last 3 months. FOMECONMEXSAB DCV UTS exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FOMECONMEXSAB DCV's Standard Deviation of 1.55, coefficient of variation of (1,886), and Mean Deviation of 1.09 to check the risk estimate we provide.
FOMECONMEXSAB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FOMECONMEXSAB |
Sharpe Ratio = -0.053
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Estimated Market Risk
1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FOMECONMEXSAB DCV 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 FOMECONMEXSAB DCV by adding FOMECONMEXSAB DCV to a well-diversified portfolio.
FOMECONMEXSAB DCV Valuation on December 16, 2024
It is possible to determine the worth of FOMECONMEXSAB DCV on a given historical date. On December 16, 2024 FOMECONMEXSAB was worth 8.3 at the beginning of the trading date compared to the closed value of 8.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FOMECONMEXSAB DCV stock. Still, in general, we apply an absolute valuation method to find FOMECONMEXSAB DCV'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 FOMECONMEXSAB DCV where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FOMECONMEXSAB DCV's related companies.
Open | High | Low | Close | Volume | |
8.35 | 8.35 | 8.35 | 8.35 | 100.00 | |
12/16/2024 | 8.30 | 8.30 | 8.30 | 8.30 | 1.00 |
8.15 | 8.15 | 8.15 | 8.15 | 1.00 |
Backtest FOMECONMEXSAB DCV | | | FOMECONMEXSAB DCV History | | | FOMECONMEXSAB DCV Valuation | Previous | Next |
FOMECONMEXSAB DCV Trading Date Momentum on December 16, 2024
On December 17 2024 FOMECONMEXSAB DCV UTS was traded for 8.15 at the closing time. The maximum traded price for the trading interval was 8.15 and the lowest daily price was 8.15 . There was no trading activity during the period 1.0. Lack of trading volume on 17th of December 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.81% . The overall trading delta to the closing price today is 0.00% . |
FOMECONMEXSAB DCV UTS Fundamentals Correlations and Trends
By evaluating FOMECONMEXSAB DCV'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 FOMECONMEXSAB DCV's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FOMECONMEXSAB financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FOMECONMEXSAB DCV Stock history
FOMECONMEXSAB DCV 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 FOMECONMEXSAB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FOMECONMEXSAB DCV UTS 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 FOMECONMEXSAB DCV stock prices may prove useful in developing a viable investing in FOMECONMEXSAB DCV
Fomento Econmico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. Fomento Econmico Mexicano, S.A.B. de C.V. was founded in 1890 and is headquartered in Monterrey, Mexico. FOM ECON operates under Beverages - Brewers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 304772 people.
FOMECONMEXSAB DCV Stock Technical Analysis
FOMECONMEXSAB DCV 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
FOMECONMEXSAB DCV Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
FOMECONMEXSAB DCV UTS cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
FOMECONMEXSAB DCV December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how FOMECONMEXSAB DCV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FOMECONMEXSAB DCV shares will generate the highest return on investment. By undertsting and applying FOMECONMEXSAB DCV stock market strength indicators, traders can identify FOMECONMEXSAB DCV UTS entry and exit signals to maximize returns
FOMECONMEXSAB DCV Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FOMECONMEXSAB DCV's price direction in advance. Along with the technical and fundamental analysis of FOMECONMEXSAB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FOMECONMEXSAB 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 | (0.09) | |||
Total Risk Alpha | (0.14) | |||
Treynor Ratio | 0.3011 |
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Complementary Tools for FOMECONMEXSAB Stock analysis
When running FOMECONMEXSAB DCV's price analysis, check to measure FOMECONMEXSAB DCV'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 FOMECONMEXSAB DCV is operating at the current time. Most of FOMECONMEXSAB DCV's value examination focuses on studying past and present price action to predict the probability of FOMECONMEXSAB DCV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FOMECONMEXSAB DCV's price. Additionally, you may evaluate how the addition of FOMECONMEXSAB DCV to your portfolios can decrease your overall portfolio volatility.
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