Grupo Concesionario (Argentina) Price on January 31, 2024
| OEST Stock | ARS 1,012 1.50 0.15% |
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 Concesionario stands at 1,012, as last reported on the 22nd of May, with the highest price reaching 1,037 and the lowest price hitting 1,001 during the day. Grupo Concesionario appears to be very steady, given 12 months investment horizon. Grupo Concesionario del holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 12 months. By evaluating Grupo Concesionario's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please utilize Grupo Concesionario's Market Risk Adjusted Performance of 1.26, risk adjusted performance of 0.0337, and Downside Deviation of 3.43 to validate if our risk estimates are consistent with your expectations.
Grupo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Grupo |
Sharpe Ratio = 0.1741
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Estimated Market Risk
| 4.43 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.77 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Grupo Concesionario is performing at about 13% 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 Concesionario by adding it to a well-diversified portfolio.
Grupo Concesionario Valuation on January 31, 2024
It is possible to determine the worth of Grupo Concesionario on a given historical date. On January 31, 2024 Grupo was worth 1132.0 at the beginning of the trading date compared to the closed value of 1058.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grupo Concesionario stock. Still, in general, we apply an absolute valuation method to find Grupo Concesionario'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 Concesionario where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grupo Concesionario's related companies.
| Open | High | Low | Close | Volume | |
| 1,150 | 1,150 | 1,075 | 1,090 | 9,554 | |
01/31/2024 | 1,132 | 1,132 | 1,038 | 1,058 | 9,515 |
| 1,065 | 1,095 | 1,040 | 1,050 | 12,028 |
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Grupo Concesionario Trading Date Momentum on January 31, 2024
| On February 01 2024 Grupo Concesionario del was traded for 1,050 at the closing time. The highest price during the trading period was 1,095 and the lowest recorded bid was listed for 1,040 . The volume for the day was 12 K. This history from February 1, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.80% . The overall trading delta to the current price is 3.16% . |
Grupo Concesionario del Fundamentals Correlations and Trends
By evaluating Grupo Concesionario'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 Concesionario'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 Concesionario Stock history
Grupo Concesionario 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 Concesionario del 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 Concesionario stock prices may prove useful in developing a viable investing in Grupo Concesionario
Grupo Concesionario del Oeste S.A. engages in the construction, maintenance, administration, and exploitation of the Acceso Oeste highway in Argentina. The company was founded in 1993 and is based in Buenos Aires, Argentina. GPO CONCESIONARIO is traded on Buenos-Aires Stock Exchange in Argentina.
Grupo Concesionario Stock Technical Analysis
Grupo Concesionario 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 Concesionario Period Price Range
Low | January 31, 2024
| High |
1,132 | 1,058 |
Grupo Concesionario May 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Grupo Concesionario 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 Concesionario shares will generate the highest return on investment. By undertsting and applying Grupo Concesionario stock market strength indicators, traders can identify Grupo Concesionario del entry and exit signals to maximize returns
| Accumulation Distribution | 790.11 | |||
| Daily Balance Of Power | (0.78) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 1085.0 | |||
| Day Typical Price | 1076.17 | |||
| Market Facilitation Index | 0.0099 | |||
| Price Action Indicator | (63.25) | |||
| Period Momentum Indicator | (47.00) | |||
| Relative Strength Index | 69.27 |
Grupo Concesionario Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grupo Concesionario'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 | 0.0337 | |||
| Jensen Alpha | 0.1283 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0204 | |||
| Treynor Ratio | 1.25 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Grupo Concesionario del. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Grupo Stock analysis
When running Grupo Concesionario's price analysis, check to measure Grupo Concesionario'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 Concesionario is operating at the current time. Most of Grupo Concesionario's value examination focuses on studying past and present price action to predict the probability of Grupo Concesionario'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 Concesionario's price. Additionally, you may evaluate how the addition of Grupo Concesionario to your portfolios can decrease your overall portfolio volatility.
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