Grupo Bimbo (Mexico) Price on December 11, 2024

BIMBOA Stock  MXN 58.45  0.60  1.04%   
If you're considering investing in Grupo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Grupo Bimbo stands at 58.45, as last reported on the 13th of December 2024, with the highest price reaching 58.60 and the lowest price hitting 57.50 during the day. Grupo Bimbo SAB holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. Grupo Bimbo SAB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grupo Bimbo's Standard Deviation of 1.73, risk adjusted performance of (0.09), and Market Risk Adjusted Performance of (3.25) to validate the risk estimate we provide.
  
Grupo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1295

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Estimated Market Risk

 1.77
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Grupo Bimbo 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 Grupo Bimbo by adding Grupo Bimbo to a well-diversified portfolio.

Grupo Bimbo Valuation on December 11, 2024

It is possible to determine the worth of Grupo Bimbo on a given historical date. On December 11, 2024 Grupo was worth 57.5 at the beginning of the trading date compared to the closed value of 58.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grupo Bimbo stock. Still, in general, we apply an absolute valuation method to find Grupo Bimbo'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 Grupo Bimbo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grupo Bimbo's related companies.
 Open High Low Close Volume
  58.57    59.06    57.70    57.85    2,238,464  
12/11/2024
  57.50    58.60    57.50    58.45    1,447,768  
  57.50    58.60    57.50    58.45    0.00  
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Open Value
57.5
58.45
Closing Value
62.81
Upside

Grupo Bimbo Trading Date Momentum on December 11, 2024

On December 13 2024 Grupo Bimbo SAB was traded for  58.45  at the closing time. The highest price during the trading period was 58.60  and the lowest recorded bid was listed for  57.50 . There was no trading activity during the period 0.0. Lack of trading volume on December 13, 2024 did not cause price change. The overall trading delta to the current price is 1.63% .

Grupo Bimbo SAB Fundamentals Correlations and Trends

By evaluating Grupo Bimbo'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 Grupo Bimbo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grupo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Grupo Bimbo Stock history

Grupo Bimbo 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 Grupo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grupo Bimbo SAB 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 Grupo Bimbo stock prices may prove useful in developing a viable investing in Grupo Bimbo
Grupo Bimbo, S.A.B. de C.V., together with its subsidiaries, produces, distributes, and sells various bakery products. The company was founded in 1945 and is headquartered in Mexico City, Mexico with additional locations in Argentina, Brazil, Canada, Chile, China, Colombia, Costa Rica, Ecuador, El Salvador, France, Guatemala, Honduras, India, Italy, Kazakhstan, Mexico, Morocco, Nicaragua, Panama, Paraguay, Peru, Portugal, Russia, South Africa, South Korea, Spain, Switzerland, Turkey, Ukraine, the United Kingdom, Uruguay, the United States, and Venezuela. GRUPO BIMBO operates under Packaged Foods classification in Mexico and is traded on Mexico Stock Exchange. It employs 141824 people.

Grupo Bimbo Stock Technical Analysis

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.
A focus of Grupo Bimbo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Grupo Bimbo trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Grupo Bimbo Period Price Range

Low
December 13, 2024
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High

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Grupo Bimbo SAB 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.

Grupo Bimbo December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Grupo Bimbo 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 Bimbo shares will generate the highest return on investment. By undertsting and applying Grupo Bimbo stock market strength indicators, traders can identify Grupo Bimbo SAB entry and exit signals to maximize returns

Grupo Bimbo Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Grupo Bimbo's price direction in advance. Along with the technical and fundamental analysis of Grupo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grupo 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.

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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