Corporativo GBM (Mexico) Price on December 11, 2024

GBMO Stock  MXN 9.60  0.12  1.23%   
If you're considering investing in Corporativo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Corporativo GBM stands at 9.60, as last reported on the 23rd of December, with the highest price reaching 9.60 and the lowest price hitting 9.60 during the day. Corporativo GBM SAB secures Sharpe Ratio (or Efficiency) of -0.48, which signifies that the company had a -0.48% return per unit of risk over the last 3 months. Corporativo GBM SAB exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Corporativo GBM's Risk Adjusted Performance of (0.36), mean deviation of 0.7037, and Standard Deviation of 1.03 to double-check the risk estimate we provide.
  
Corporativo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.4812

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Estimated Market Risk

 1.07
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.51
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.48
  actual daily
0
Most of other assets perform better
Based on monthly moving average Corporativo GBM 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 Corporativo GBM by adding Corporativo GBM to a well-diversified portfolio.

Corporativo GBM Valuation on December 11, 2024

It is possible to determine the worth of Corporativo GBM on a given historical date. On December 11, 2024 Corporativo was worth 9.9 at the beginning of the trading date compared to the closed value of 9.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Corporativo GBM stock. Still, in general, we apply an absolute valuation method to find Corporativo GBM'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 Corporativo GBM where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Corporativo GBM's related companies.
 Open High Low Close Volume
  9.81    9.90    9.50    9.90    56,842  
12/11/2024
  9.90    9.90    9.90    9.90    238.00  
  9.61    9.85    9.61    9.72    419.00  
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Open Value
9.9
9.9
Closing Value
13.10
Upside

Corporativo GBM Trading Date Momentum on December 11, 2024

On December 13 2024 Corporativo GBM SAB was traded for  9.72  at the closing time. The highest price during the trading period was 9.85  and the lowest recorded bid was listed for  9.61 . The volume for the day was 419. This history from December 13, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.82% . The overall trading delta to the current price is 3.03% .

Corporativo GBM SAB Fundamentals Correlations and Trends

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

About Corporativo GBM Stock history

Corporativo GBM 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 Corporativo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Corporativo GBM 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 Corporativo GBM stock prices may prove useful in developing a viable investing in Corporativo GBM
Corporativo GBM, S.A.B. de C.V. provides financial products and services to large corporations and mid-cap companies, institutional investors, and Mexican and foreign individuals. Corporativo GBM, S.A.B. de C.V. was founded in 1978 and is based in Mexico City, Mexico. CORPORATIVO GBM operates under Capital Markets classification in Mexico and is traded on Mexico Stock Exchange.

Corporativo GBM Stock Technical Analysis

Corporativo GBM 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 Corporativo GBM technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Corporativo GBM 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

Corporativo GBM Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Corporativo GBM 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.

Corporativo GBM December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Corporativo GBM stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Corporativo GBM shares will generate the highest return on investment. By undertsting and applying Corporativo GBM stock market strength indicators, traders can identify Corporativo GBM SAB entry and exit signals to maximize returns

Corporativo GBM Technical and Predictive Indicators

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

Additional Tools for Corporativo Stock Analysis

When running Corporativo GBM's price analysis, check to measure Corporativo GBM'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 Corporativo GBM is operating at the current time. Most of Corporativo GBM's value examination focuses on studying past and present price action to predict the probability of Corporativo GBM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corporativo GBM's price. Additionally, you may evaluate how the addition of Corporativo GBM to your portfolios can decrease your overall portfolio volatility.