Fomento Econmico (Mexico) Statistic Functions Beta

FEMSAUBD  MXN 164.21  3.00  1.79%   
Fomento Econmico statistic functions tool provides the execution environment for running the Beta function and other technical functions against Fomento Econmico. Fomento Econmico value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Fomento Econmico statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Fomento Econmico Mexicano correlated with the market. If Beta is less than 0 Fomento Econmico generally moves in the opposite direction as compared to the market. If Fomento Econmico Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fomento Econmico Mexicano is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fomento Econmico is generally in the same direction as the market. If Beta > 1 Fomento Econmico moves generally in the same direction as, but more than the movement of the benchmark.

Fomento Econmico Technical Analysis Modules

Most technical analysis of Fomento Econmico 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 Fomento from various momentum indicators to cycle indicators. When you analyze Fomento charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Fomento Econmico Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fomento Econmico Mexicano. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fomento Econmico Mexicano based on widely used predictive technical indicators. In general, we focus on analyzing Fomento Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fomento Econmico's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Fomento Econmico's intrinsic value. In addition to deriving basic predictive indicators for Fomento Econmico, we also check how macroeconomic factors affect Fomento Econmico price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
162.94164.21165.48
Details
Intrinsic
Valuation
LowRealHigh
141.59142.86180.63
Details
Naive
Forecast
LowNextHigh
160.96162.23163.50
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
165.84184.79203.73
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fomento Econmico. Your research has to be compared to or analyzed against Fomento Econmico's peers to derive any actionable benefits. When done correctly, Fomento Econmico's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Fomento Econmico Mexicano.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Other Information on Investing in Fomento Stock

Fomento Econmico financial ratios help investors to determine whether Fomento Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fomento with respect to the benefits of owning Fomento Econmico security.