Alibaba Group (Mexico) Price on December 3, 2024
| BABAN Stock | MXN 1,626 87.13 0.91% |
If you're considering investing in Alibaba Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alibaba Group stands at 1,764, as last reported on the 5th of January, with the highest price reaching 1,766 and the lowest price hitting 1,749 during the day. Alibaba Group Holding secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. Alibaba Group Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alibaba Group's Risk Adjusted Performance of (0.13), mean deviation of 1.68, and Standard Deviation of 2.25 to double-check the risk estimate we provide.
Alibaba Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alibaba |
Sharpe Ratio = -0.1679
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Estimated Market Risk
| 2.25 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alibaba Group 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 Alibaba Group by adding Alibaba Group to a well-diversified portfolio.
Alibaba Group Valuation on December 3, 2024
It is possible to determine the worth of Alibaba Group on a given historical date. On December 3, 2024 Alibaba was worth 1770.0 at the beginning of the trading date compared to the closed value of 1743.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alibaba Group stock. Still, in general, we apply an absolute valuation method to find Alibaba Group'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 Alibaba Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alibaba Group's related companies.
| Open | High | Low | Close | Volume | |
| 1,770 | 1,771 | 1,743 | 1,757 | 5,317 | |
12/03/2024 | 1,770 | 1,770 | 1,739 | 1,744 | 1,480 |
| 1,741 | 1,741 | 1,711 | 1,726 | 5,624 |
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Alibaba Group Trading Date Momentum on December 3, 2024
| On December 04 2024 Alibaba Group Holding was traded for 1,726 at the closing time. The highest price during the trading period was 1,741 and the lowest recorded bid was listed for 1,711 . The volume for the day was 5.6 K. This history from December 4, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.98% . The overall trading delta to the current price is 2.49% . |
Alibaba Group Holding Fundamentals Correlations and Trends
By evaluating Alibaba Group'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 Alibaba Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alibaba financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alibaba Group Stock history
Alibaba Group 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 Alibaba is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alibaba Group Holding 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 Alibaba Group stock prices may prove useful in developing a viable investing in Alibaba Group
Alibaba Group Holding Limited, through its subsidiaries, provides online and mobile commerce businesses in the Peoples Republic of China and internationally. The company was founded in 1999 and is based in Hangzhou, the Peoples Republic of China. ALIBABA GROUP operates under Specialty Retail, Other classification in Mexico and is traded on Mexico Stock Exchange. It employs 252084 people.
Alibaba Group Stock Technical Analysis
Alibaba Group 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
Alibaba Group Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
Alibaba Group Holding 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.
Alibaba Group January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Alibaba Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alibaba Group shares will generate the highest return on investment. By undertsting and applying Alibaba Group stock market strength indicators, traders can identify Alibaba Group Holding entry and exit signals to maximize returns
Alibaba Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alibaba Group's price direction in advance. Along with the technical and fundamental analysis of Alibaba Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alibaba 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 | (0.13) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 1.45 |
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| Volume Indicators |
Additional Information and Resources on Investing in Alibaba Stock
When determining whether Alibaba Group Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alibaba Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alibaba Group Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alibaba Group Holding Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alibaba Group Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.