Vitro SAB (Mexico) Price on November 14, 2023
VITROA Stock | MXN 8.88 0.07 0.78% |
If you're considering investing in Vitro Stock, it is important to understand the factors that can impact its price. As of today, the current price of Vitro SAB stands at 8.88, as last reported on the 28th of December, with the highest price reaching 8.90 and the lowest price hitting 8.88 during the day. Vitro SAB de owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0059, which indicates the firm had a -0.0059% return per unit of risk over the last 3 months. Vitro SAB de exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vitro SAB's Risk Adjusted Performance of 0.0155, semi deviation of 1.35, and Coefficient Of Variation of 7557.95 to confirm the risk estimate we provide.
Vitro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Vitro |
Sharpe Ratio = -0.0059
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Estimated Market Risk
1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Vitro SAB 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 Vitro SAB by adding Vitro SAB to a well-diversified portfolio.
Vitro SAB Valuation on November 14, 2023
It is possible to determine the worth of Vitro SAB on a given historical date. On November 14, 2023 Vitro was worth 22.0 at the beginning of the trading date compared to the closed value of 20.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vitro SAB stock. Still, in general, we apply an absolute valuation method to find Vitro SAB'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 Vitro SAB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vitro SAB's related companies.
Open | High | Low | Close | Volume | |
22.20 | 22.20 | 22.20 | 22.20 | 8,325 | |
11/14/2023 | 22.00 | 22.00 | 20.01 | 20.01 | 43,019 |
20.00 | 20.11 | 20.00 | 20.06 | 889,884 |
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Vitro SAB Trading Date Momentum on November 14, 2023
On November 15 2023 Vitro SAB de was traded for 20.06 at the closing time. The highest price during the trading period was 20.11 and the lowest recorded bid was listed for 20.00 . The volume for the day was 889.9 K. This history from November 15, 2023 contributed to the next trading day price jump. The trading price change to the next closing price was 0.25% . The trading price change to the current price is 2.55% . |
Vitro SAB de Fundamentals Correlations and Trends
By evaluating Vitro SAB'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 Vitro SAB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Vitro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Vitro SAB Stock history
Vitro SAB 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 Vitro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vitro SAB de 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 Vitro SAB stock prices may prove useful in developing a viable investing in Vitro SAB
V., through its subsidiaries, manufactures, processes, distributes, and sells a range of glass products worldwide. V. was founded in 1909 and is headquartered in San Pedro Garza Garca, Mexico. VITRO SAB operates under Specialty Chemicals classification in Mexico and is traded on Mexico Stock Exchange. It employs 14556 people.
Vitro SAB Stock Technical Analysis
Vitro SAB 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
Vitro SAB Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
Vitro SAB de 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.
Vitro SAB December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Vitro SAB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vitro SAB shares will generate the highest return on investment. By undertsting and applying Vitro SAB stock market strength indicators, traders can identify Vitro SAB de entry and exit signals to maximize returns
Vitro SAB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Vitro SAB's price direction in advance. Along with the technical and fundamental analysis of Vitro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Vitro 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 | 0.0155 | |||
Jensen Alpha | 0.0093 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0) | |||
Treynor Ratio | 0.1478 |
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Complementary Tools for Vitro Stock analysis
When running Vitro SAB's price analysis, check to measure Vitro SAB'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 Vitro SAB is operating at the current time. Most of Vitro SAB's value examination focuses on studying past and present price action to predict the probability of Vitro SAB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vitro SAB's price. Additionally, you may evaluate how the addition of Vitro SAB to your portfolios can decrease your overall portfolio volatility.
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