Grupo Simec (Mexico) Price on December 26, 2024

SIMECB Stock  MXN 184.29  0.21  0.11%   
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 Simec stands at 184.29, as last reported on the 27th of December, with the highest price reaching 184.50 and the lowest price hitting 184.29 during the day. Grupo Simec SAB holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Grupo Simec SAB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grupo Simec's Market Risk Adjusted Performance of (2.12), risk adjusted performance of (0.14), and Standard Deviation of 0.0756 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 = -0.1092

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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.

Grupo Simec Valuation on December 26, 2024

It is possible to determine the worth of Grupo Simec on a given historical date. On December 26, 2024 Grupo was worth 184.49 at the beginning of the trading date compared to the closed value of 184.29. 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
  184.49    184.50    184.49    184.50    2,950  
12/26/2024
  184.49    184.50    184.29    184.29    3,835  
Backtest Grupo Simec  |  Grupo Simec History  |  Grupo Simec Valuation   Previous
Open Value
184.49
184.31
Downside
184.29
Closing Value
184.67
Upside

Grupo Simec Trading Date Momentum on December 26, 2024

On December 26 2024 Grupo Simec SAB was traded for  184.29  at the closing time. The highest price during the trading period was 184.50  and the lowest recorded bid was listed for  184.29 . The volume for the day was 3.8 K. This history from December 26, 2024 did not cause price change. The overall trading delta to the current price is 0.11% .

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
Grupo Simec, S.A.B. de C.V. manufactures, processes, and distributes special bar quality steel and structural steel products in the United States, Mexico, Canada, and Brazil. Grupo Simec, S.A.B. de C.V. is a subsidiary of Industrias CH, S.A.B. de C.V. GRUPO SIMEC operates under Steel classification in Mexico and is traded on Mexico Stock Exchange. It employs 4561 people.

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

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Grupo Simec 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 Simec December 27, 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.

Complementary Tools for Grupo Stock analysis

When running Grupo Simec's price analysis, check to measure Grupo Simec'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 Simec is operating at the current time. Most of Grupo Simec's value examination focuses on studying past and present price action to predict the probability of Grupo Simec'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 Simec's price. Additionally, you may evaluate how the addition of Grupo Simec to your portfolios can decrease your overall portfolio volatility.
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