Grupo Simec Sab Stock Price on December 28, 2024
| SIM Stock | USD 27.15 0.72 2.72% |
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 Simec stands at 27.15, as last reported on the 30th of December, with the highest price reaching 27.15 and the lowest price hitting 27.15 during the day. As of now, Grupo Stock is not too volatile. Grupo Simec SAB holds Efficiency (Sharpe) Ratio of 0.0034, which attests that the entity had a 0.0034% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Grupo Simec SAB, which you can use to evaluate the volatility of the firm. Please check out Grupo Simec's Market Risk Adjusted Performance of 0.0097, downside deviation of 4.31, and Risk Adjusted Performance of 0.01 to validate if the risk estimate we provide is consistent with the expected return of 0.0101%.
Grupo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Grupo |
Sharpe Ratio = 0.0034
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SIM |
Estimated Market Risk
| 2.98 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Grupo Simec 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 Simec by adding Grupo Simec to a well-diversified portfolio.
Grupo Simec Valuation on December 28, 2024
It is possible to determine the worth of Grupo Simec on a given historical date. On December 28, 2024 Grupo was worth 27.15 at the beginning of the trading date compared to the closed value of 27.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grupo Simec stock. Still, in general, we apply an absolute valuation method to find Grupo Simec'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 Simec where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grupo Simec's related companies.
| Open | High | Low | Close | Volume | |
| 26.43 | 26.43 | 26.43 | 26.43 | 1,601 | |
12/27/2024 | 27.15 | 27.15 | 27.15 | 27.15 | 673.00 |
| 27.15 | 27.15 | 27.15 | 27.15 | 0.00 |
| Backtest Grupo Simec | | | Grupo Simec History | | | Grupo Simec Valuation | Previous | Next |
Grupo Simec Trading Date Momentum on December 28, 2024
| On December 30 2024 Grupo Simec SAB was traded for 27.15 at the closing time. Highest Grupo Simec's price during the trading hours was 27.15 and the lowest price during the day was 27.15 . There was no trading activity during the period 0.0. Lack of trading volume on the 30th of December did not cause price change. The overall trading delta to current price is 0.00% . |
Grupo Simec SAB Fundamentals Correlations and Trends
By evaluating Grupo Simec'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 Simec'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 Simec Stock history
Grupo Simec 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 Simec 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 Simec stock prices may prove useful in developing a viable investing in Grupo Simec
Grupo Simec, S.A.B. de C.V. manufactures, processes, and distributes special bar quality steel and steel alloys products in Mexico, the United States, Brazil, Canada, Latin America, and internationally. Grupo Simec, S.A.B. de C.V. is a subsidiary of Industrias CH, S.A.B. de C.V. Grupo Simec operates under Steel classification in the United States and is traded on AMEX Exchange. It employs 5290 people.
Grupo Simec Stock Technical Analysis
Grupo Simec 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 Simec Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Grupo Simec SAB cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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 Simec December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Grupo Simec 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 Simec shares will generate the highest return on investment. By undertsting and applying Grupo Simec stock market strength indicators, traders can identify Grupo Simec SAB entry and exit signals to maximize returns
Grupo Simec Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grupo Simec'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 | 0.01 | |||
| Jensen Alpha | 0.0069 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.0003) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Grupo Simec SAB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Steel Works Etc space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grupo Simec. If investors know Grupo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grupo Simec listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Grupo Simec SAB is measured differently than its book value, which is the value of Grupo that is recorded on the company's balance sheet. Investors also form their own opinion of Grupo Simec's value that differs from its market value or its book value, called intrinsic value, which is Grupo Simec's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grupo Simec's market value can be influenced by many factors that don't directly affect Grupo Simec's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grupo Simec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Simec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Simec's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.