Nemak S (Mexico) Price on November 27, 2024
| NEMAKA Stock | MXN 2.79 0.06 2.20% |
If you're considering investing in Nemak Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nemak S stands at 2.79, as last reported on the 24th of December, with the highest price reaching 2.82 and the lowest price hitting 2.71 during the day. Nemak S appears to be very risky, given 3 months investment horizon. Nemak S A has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Nemak S's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please exercise Nemak S's Downside Deviation of 2.54, mean deviation of 2.49, and Risk Adjusted Performance of 0.1091 to check out if our risk estimates are consistent with your expectations.
Nemak Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nemak |
Sharpe Ratio = 0.1434
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NEMAKA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.74 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Nemak S is performing at about 11% 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 Nemak S by adding it to a well-diversified portfolio.
Nemak S Valuation on November 27, 2024
It is possible to determine the worth of Nemak S on a given historical date. On November 27, 2024 Nemak was worth 1.82 at the beginning of the trading date compared to the closed value of 1.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nemak S stock. Still, in general, we apply an absolute valuation method to find Nemak S'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 Nemak S where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nemak S's related companies.
| Open | High | Low | Close | Volume | |
| 1.75 | 1.83 | 1.70 | 1.81 | 6,494,921 | |
11/27/2024 | 1.82 | 1.89 | 1.78 | 1.87 | 6,697,561 |
| 1.88 | 1.89 | 1.82 | 1.84 | 2,850,218 |
| Backtest Nemak S | | | Nemak S History | | | Nemak S Valuation | Previous | Next |
Nemak S Trading Date Momentum on November 27, 2024
| On November 28 2024 Nemak S A was traded for 1.84 at the closing time. The highest price during the trading period was 1.89 and the lowest recorded bid was listed for 1.82 . The volume for the day was 2.9 M. This history from November 28, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.60% . The trading delta at closing time to the current price is 12.30% . |
Nemak S A Fundamentals Correlations and Trends
By evaluating Nemak S'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 Nemak S's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nemak financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nemak S Stock history
Nemak S 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 Nemak is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nemak S A 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 Nemak S stock prices may prove useful in developing a viable investing in Nemak S
V., together with its subsidiaries, develops, manufactures, and sells aluminum components for powertrain, e-mobility, and structural applications to the automotive industry in North America, Europe, and internationally. V. was incorporated in 1979 and is headquartered in Garcia, Mexico. NEMAK SAB operates under Auto Parts classification in Mexico and is traded on Mexico Stock Exchange. It employs 21223 people.
Nemak S Stock Technical Analysis
Nemak S 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
Nemak S Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Nemak S A 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.
Nemak S December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Nemak S stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nemak S shares will generate the highest return on investment. By undertsting and applying Nemak S stock market strength indicators, traders can identify Nemak S A entry and exit signals to maximize returns
Nemak S Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nemak S's price direction in advance. Along with the technical and fundamental analysis of Nemak Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nemak 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 | 0.1091 | |||
| Jensen Alpha | 0.4547 | |||
| Total Risk Alpha | 0.3511 | |||
| Sortino Ratio | 0.1716 | |||
| Treynor Ratio | 3.03 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Nemak Stock analysis
When running Nemak S's price analysis, check to measure Nemak S'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 Nemak S is operating at the current time. Most of Nemak S's value examination focuses on studying past and present price action to predict the probability of Nemak S's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nemak S's price. Additionally, you may evaluate how the addition of Nemak S to your portfolios can decrease your overall portfolio volatility.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |