Grupo Elektra Stock Forecast - Price Action Indicator
| ELEKTRA Stock | MXN 350.52 3.52 1.01% |
Grupo Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Grupo Elektra stock prices and determine the direction of Grupo Elektra SAB's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Grupo Elektra's historical fundamentals, such as revenue growth or operating cash flow patterns.
Grupo |
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Grupo Elektra Trading Date Momentum
| On December 23 2024 Grupo Elektra SAB was traded for 350.52 at the closing time. The highest price during the trading period was 360.00 and the lowest recorded bid was listed for 344.54 . There was no trading activity during the period 0.0. Lack of trading volume on December 23, 2024 did not cause price change. The overall trading delta to the current price is 1.71% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Grupo Elektra
For every potential investor in Grupo, whether a beginner or expert, Grupo Elektra's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Grupo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Grupo. Basic forecasting techniques help filter out the noise by identifying Grupo Elektra's price trends.Grupo Elektra Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Grupo Elektra stock to make a market-neutral strategy. Peer analysis of Grupo Elektra could also be used in its relative valuation, which is a method of valuing Grupo Elektra by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Grupo Elektra SAB Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Grupo Elektra's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Grupo Elektra's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Grupo Elektra Market Strength Events
Market strength indicators help investors to evaluate how Grupo Elektra 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 Elektra shares will generate the highest return on investment. By undertsting and applying Grupo Elektra stock market strength indicators, traders can identify Grupo Elektra SAB entry and exit signals to maximize returns.
Grupo Elektra Risk Indicators
The analysis of Grupo Elektra's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Grupo Elektra's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting grupo stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 3.32 | |||
| Standard Deviation | 9.89 | |||
| Variance | 97.79 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Grupo Stock
Grupo Elektra financial ratios help investors to determine whether Grupo 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 Grupo with respect to the benefits of owning Grupo Elektra security.