Grupo Simec Sab Stock Price on November 22, 2024

SIM Stock  USD 26.20  0.32  1.21%   
Below is the normalized historical share price chart for Grupo Simec SAB extending back to July 01, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Grupo Simec stands at 26.20, as last reported on the 25th of December, with the highest price reaching 26.20 and the lowest price hitting 26.20 during the day.
IPO Date
1st of July 1993
200 Day MA
29.3586
50 Day MA
26.9212
Beta
0.332
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Grupo Stock, it is important to understand the factors that can impact its price. Grupo Simec SAB holds Efficiency (Sharpe) Ratio of -0.0335, which attests that the entity had a -0.0335% return per unit of risk over the last 3 months. Grupo Simec SAB exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grupo Simec's Risk Adjusted Performance of (0.01), standard deviation of 2.8, and Market Risk Adjusted Performance of 0.2435 to validate the risk estimate we provide.
  
At this time, Grupo Simec's Common Stock Shares Outstanding is very stable compared to the past year. As of the 25th of December 2024, Common Stock is likely to grow to about 5.3 B, while Liabilities And Stockholders Equity is likely to drop about 43.2 B. . At this time, Grupo Simec's Price Fair Value is very stable compared to the past year. Grupo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0335

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Estimated Market Risk

 2.98
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Grupo Simec 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 Simec by adding Grupo Simec to a well-diversified portfolio.
Price Book
1.4287
Enterprise Value Ebitda
8.5401
Price Sales
0.1263
Shares Float
82 M
Wall Street Target Price
221.42

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Grupo Simec Valuation on November 22, 2024

It is possible to determine the worth of Grupo Simec on a given historical date. On November 22, 2024 Grupo was worth 25.33 at the beginning of the trading date compared to the closed value of 25.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grupo Simec stock. Still, in general, we apply an absolute valuation method to find Grupo Simec'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 Simec where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grupo Simec's related companies.
 Open High Low Close Volume
  26.10    27.20    25.78    27.20    779.00  
11/22/2024
  25.33    25.77    25.33    25.77    1,121  
  25.77    25.77    25.77    25.77    155.00  
Backtest Grupo Simec  |  Grupo Simec History  |  Grupo Simec Valuation   PreviousNext  
Open Value
25.33
25.77
Closing Value
34.28
Upside

Grupo Simec Trading Date Momentum on November 22, 2024

On November 25 2024 Grupo Simec SAB was traded for  25.77  at the closing time. Highest Grupo Simec's price during the trading hours was 25.77  and the lowest price during the day was  25.77 . The net volume was 155. The overall trading history on the 25th of November did not cause price change. The overall trading delta to current price is 10.55% .

Grupo Simec SAB Fundamentals Correlations and Trends

By evaluating Grupo Simec'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 Simec'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 Simec Stock history

Grupo Simec 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 Simec 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 Simec stock prices may prove useful in developing a viable investing in Grupo Simec
Last ReportedProjected for Next Year
Common Stock Shares Outstanding153.9 M157.6 M
Net Income Applicable To Common Shares9.9 B10.4 B

Grupo Simec Quarterly Net Working Capital

36.27 Billion

Grupo Simec Stock Technical Analysis

Grupo Simec 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 Simec technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Grupo Simec 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 Simec Period Price Range

Low
December 25, 2024
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High

 0.00 

     

 0.00 

Grupo Simec SAB cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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 Simec December 25, 2024 Market Strength

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

Grupo Simec Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Grupo Simec'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.
When determining whether Grupo Simec SAB is a strong investment it is important to analyze Grupo Simec's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Grupo Simec's future performance. For an informed investment choice regarding Grupo Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Grupo Simec SAB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grupo Simec. If investors know Grupo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grupo Simec listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.749
Earnings Share
2.8
Revenue Per Share
217.976
Quarterly Revenue Growth
(0.1)
Return On Assets
0.0467
The market value of Grupo Simec SAB is measured differently than its book value, which is the value of Grupo that is recorded on the company's balance sheet. Investors also form their own opinion of Grupo Simec's value that differs from its market value or its book value, called intrinsic value, which is Grupo Simec's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grupo Simec's market value can be influenced by many factors that don't directly affect Grupo Simec's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grupo Simec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Simec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Simec's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.