Grupo Bimbo (Mexico) Technical Analysis
BIMBOA Stock | MXN 78.47 0.73 0.92% |
As of the 28th of March, Grupo Bimbo retains the Standard Deviation of 2.07, market risk adjusted performance of (0.33), and Risk Adjusted Performance of (0.02). Grupo Bimbo technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down and interpolate data for thirteen technical drivers for Grupo Bimbo SAB, which can be compared to its competitors. Please check out Grupo Bimbo SAB market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Grupo Bimbo is priced fairly, providing market reflects its last-minute price of 78.47 per share.
Grupo Bimbo Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Grupo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GrupoGrupo |
Grupo Bimbo 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.
Grupo Bimbo SAB Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Grupo Bimbo SAB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Grupo Bimbo SAB Trend Analysis
Use this graph to draw trend lines for Grupo Bimbo SAB. You can use it to identify possible trend reversals for Grupo Bimbo as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Grupo Bimbo price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Grupo Bimbo Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Grupo Bimbo SAB applied against its price change over selected period. The best fit line has a slop of 0.24 , which may suggest that Grupo Bimbo SAB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2093.58, which is the sum of squared deviations for the predicted Grupo Bimbo price change compared to its average price change.About Grupo Bimbo Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Grupo Bimbo SAB on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Grupo Bimbo SAB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Grupo Bimbo SAB price pattern first instead of the macroeconomic environment surrounding Grupo Bimbo SAB. By analyzing Grupo Bimbo's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Grupo Bimbo's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Grupo Bimbo specific price patterns or momentum indicators. Please read more on our technical analysis page.
Grupo Bimbo March 28, 2024 Technical Indicators
Most technical analysis of Grupo help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Grupo from various momentum indicators to cycle indicators. When you analyze Grupo charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.02) | |||
Market Risk Adjusted Performance | (0.33) | |||
Mean Deviation | 1.5 | |||
Coefficient Of Variation | (1,786) | |||
Standard Deviation | 2.07 | |||
Variance | 4.3 | |||
Information Ratio | (0.12) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.59) | |||
Treynor Ratio | (0.34) | |||
Maximum Drawdown | 11.26 | |||
Value At Risk | (2.66) | |||
Potential Upside | 4.21 | |||
Skewness | 0.1783 | |||
Kurtosis | 1.98 |
Grupo Bimbo March 28, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Grupo stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 43,589 | ||
Daily Balance Of Power | (0.40) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 78.68 | ||
Day Typical Price | 78.61 | ||
Price Action Indicator | (0.57) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Grupo Bimbo SAB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Grupo Stock analysis
When running Grupo Bimbo's price analysis, check to measure Grupo Bimbo'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 Bimbo is operating at the current time. Most of Grupo Bimbo's value examination focuses on studying past and present price action to predict the probability of Grupo Bimbo'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 Bimbo's price. Additionally, you may evaluate how the addition of Grupo Bimbo to your portfolios can decrease your overall portfolio volatility.
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