Grupo Herdez (Mexico) Price on October 31, 2024
| HERDEZ Stock | MXN 52.24 1.46 2.72% |
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 Herdez stands at 52.24, as last reported on the 23rd of December, with the highest price reaching 53.98 and the lowest price hitting 51.31 during the day. At this point, Grupo Herdez is very steady. Grupo Herdez SAB holds Efficiency (Sharpe) Ratio of 0.0351, which attests that the entity had a 0.0351% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Grupo Herdez SAB, which you can use to evaluate the volatility of the firm. Please check out Grupo Herdez's Risk Adjusted Performance of 0.0308, market risk adjusted performance of (0.25), and Downside Deviation of 1.53 to validate if the risk estimate we provide is consistent with the expected return of 0.0663%.
Grupo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Grupo |
Sharpe Ratio = 0.0351
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| Cash | Small Risk | HERDEZ | High Risk | Huge Risk |
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Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Grupo Herdez is performing at about 2% of its full potential. 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 Herdez by adding it to a well-diversified portfolio.
Grupo Herdez Valuation on October 31, 2024
It is possible to determine the worth of Grupo Herdez on a given historical date. On October 31, 2024 Grupo was worth 51.41 at the beginning of the trading date compared to the closed value of 52.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grupo Herdez stock. Still, in general, we apply an absolute valuation method to find Grupo Herdez'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 Herdez where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grupo Herdez's related companies.
| Open | High | Low | Close | Volume | |
| 51.40 | 51.55 | 51.15 | 51.15 | 54,314 | |
10/31/2024 | 51.41 | 53.40 | 50.70 | 52.40 | 22,637 |
| 52.34 | 52.35 | 52.01 | 52.03 | 3,390 |
| Backtest Grupo Herdez | | | Grupo Herdez History | | | Grupo Herdez Valuation | Previous | Next |
Grupo Herdez Trading Date Momentum on October 31, 2024
| On November 01 2024 Grupo Herdez SAB was traded for 52.03 at the closing time. The highest price during the trading period was 52.35 and the lowest recorded bid was listed for 52.01 . The volume for the day was 3.4 K. This history from November 1, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.71% . The overall trading delta to the current price is 1.24% . |
Grupo Herdez SAB Fundamentals Correlations and Trends
By evaluating Grupo Herdez'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 Herdez'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 Herdez Stock history
Grupo Herdez 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 Herdez 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 Herdez stock prices may prove useful in developing a viable investing in Grupo Herdez
Grupo Herdez, S.A.B. de C.V., a food company, engages in the manufacture, purchase, distribution, and marketing of canned and packed food products in Mexico and internationally. Grupo Herdez, S.A.B. de C.V. is a subsidiary of Hechos Con Amor S.A. de C.V. GRUPO HERDEZ operates under Packaged Foods classification in Mexico and is traded on Mexico Stock Exchange. It employs 10722 people.
Grupo Herdez Stock Technical Analysis
Grupo Herdez 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
Grupo Herdez Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Grupo Herdez 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 Herdez December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Grupo Herdez 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 Herdez shares will generate the highest return on investment. By undertsting and applying Grupo Herdez stock market strength indicators, traders can identify Grupo Herdez SAB entry and exit signals to maximize returns
Grupo Herdez Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grupo Herdez'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.
| Risk Adjusted Performance | 0.0308 | |||
| Jensen Alpha | 0.0524 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.017 | |||
| Treynor Ratio | (0.26) |
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| Volume Indicators |
Complementary Tools for Grupo Stock analysis
When running Grupo Herdez's price analysis, check to measure Grupo Herdez'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 Herdez is operating at the current time. Most of Grupo Herdez's value examination focuses on studying past and present price action to predict the probability of Grupo Herdez'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 Herdez's price. Additionally, you may evaluate how the addition of Grupo Herdez to your portfolios can decrease your overall portfolio volatility.
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