Corporativo GBM (Mexico) Technical Analysis
| GBMO Stock | MXN 9.60 0.12 1.23% |
As of the 23rd of December, Corporativo GBM shows the Mean Deviation of 0.7037, standard deviation of 1.03, and Risk Adjusted Performance of (0.36). Corporativo GBM SAB technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Corporativo GBM Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Corporativo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CorporativoCorporativo |
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.
Corporativo GBM SAB Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Corporativo GBM SAB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Corporativo GBM SAB Trend Analysis
Use this graph to draw trend lines for Corporativo GBM SAB. You can use it to identify possible trend reversals for Corporativo GBM as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Corporativo GBM price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Corporativo GBM Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Corporativo GBM SAB applied against its price change over selected period. The best fit line has a slop of 0.07 , which may suggest that Corporativo GBM SAB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 184.48, which is the sum of squared deviations for the predicted Corporativo GBM price change compared to its average price change.About Corporativo GBM Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Corporativo GBM SAB on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Corporativo GBM SAB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Corporativo GBM SAB price pattern first instead of the macroeconomic environment surrounding Corporativo GBM SAB. By analyzing Corporativo GBM's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Corporativo GBM's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Corporativo GBM specific price patterns or momentum indicators. Please read more on our technical analysis page.
Corporativo GBM December 23, 2024 Technical Indicators
Most technical analysis of Corporativo help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Corporativo from various momentum indicators to cycle indicators. When you analyze Corporativo charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.36) | |||
| Market Risk Adjusted Performance | 2.08 | |||
| Mean Deviation | 0.7037 | |||
| Coefficient Of Variation | (218.58) | |||
| Standard Deviation | 1.03 | |||
| Variance | 1.07 | |||
| Information Ratio | (0.49) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 2.07 | |||
| Maximum Drawdown | 4.52 | |||
| Value At Risk | (2.88) | |||
| Skewness | (2.50) | |||
| Kurtosis | 6.25 |
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.