Fomento Economico Mexicano Stock Price History

FMX Stock  USD 122.96  1.28  1.03%   
Below is the normalized historical share price chart for Fomento Economico Mexicano extending back to May 11, 1998. 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 Fomento Economico stands at 122.96, as last reported on the 16th of April 2024, with the highest price reaching 124.80 and the lowest price hitting 122.78 during the day.
IPO Date
11th of May 1998
200 Day MA
120.2881
50 Day MA
129.549
Beta
0.377
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Fomento Stock, it is important to understand the factors that can impact its price. Fomento Economico secures Sharpe Ratio (or Efficiency) of -0.024, which denotes the company had a -0.024% return per unit of risk over the last 3 months. Fomento Economico Mexicano exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fomento Economico's Variance of 4.16, standard deviation of 2.04, and Mean Deviation of 1.21 to check the risk estimate we provide.
  
At this time, Fomento Economico's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 846.1 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 18.5 B in 2024. . At this time, Fomento Economico's Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 27.34 in 2024, whereas Price To Sales Ratio is likely to drop 6.23 in 2024. Fomento Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.024

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Estimated Market Risk

 2.08
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Fomento Economico 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 Fomento Economico by adding Fomento Economico to a well-diversified portfolio.
Price Book
9.6481
Enterprise Value Ebitda
3.0052
Price Sales
0.3163
Shares Float
3.3 B
Dividend Share
4.397

Fomento Economico Stock Price History Chart

There are several ways to analyze Fomento Stock price data. The simplest method is using a basic Fomento candlestick price chart, which shows Fomento Economico price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceFebruary 14, 2024142.16
Lowest PriceFebruary 26, 2024118.41

Fomento Economico April 16, 2024 Stock Price Synopsis

Various analyses of Fomento Economico's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Fomento Stock. It can be used to describe the percentage change in the price of Fomento Economico from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Fomento Stock.
Fomento Economico Price Action Indicator(1.47)
Fomento Economico Price Rate Of Daily Change 0.99 
Fomento Economico Price Daily Balance Of Power(0.63)

Fomento Economico April 16, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Fomento Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Fomento Economico intraday prices and daily technical indicators to check the level of noise trading in Fomento Stock and then apply it to test your longer-term investment strategies against Fomento.

Fomento Stock Price History Data

The price series of Fomento Economico for the period between Wed, Jan 17, 2024 and Tue, Apr 16, 2024 has a statistical range of 23.75 with a coefficient of variation of 4.91. Under current investment horizon, the daily prices are spread out with arithmetic mean of 130.26. The median price for the last 90 days is 129.53. The company completed 3:1 stock split on 31st of May 2007. Fomento Economico completed dividends distribution on 2024-04-16.
OpenHighLowCloseVolume
04/16/2024
 124.52  124.80  122.78  122.96 
04/15/2024 124.52  124.80  122.78  122.96  447,313 
04/12/2024 124.83  125.27  122.75  124.24  635,214 
04/11/2024 126.63  127.15  124.36  125.33  537,262 
04/10/2024 127.62  127.94  125.29  125.74  670,009 
04/09/2024 129.14  130.00  128.32  128.82  381,513 
04/08/2024 128.90  129.10  128.31  128.71  704,627 
04/05/2024 128.11  129.58  127.18  128.47  310,986 
04/04/2024 125.67  129.29  125.48  128.39  496,243 
04/03/2024 128.46  128.64  124.62  125.19  830,640 
04/02/2024 128.40  129.59  128.07  128.32  643,041 
04/01/2024 130.72  131.11  128.96  129.65  451,756 
03/28/2024 130.64  131.10  129.77  130.27  327,492 
03/27/2024 130.80  131.07  129.82  130.25  370,566 
03/26/2024 128.64  131.56  128.64  130.55  712,143 
03/25/2024 129.94  130.25  128.94  129.20  461,198 
03/22/2024 129.78  131.45  129.43  129.53  705,625 
03/21/2024 129.12  131.19  127.97  130.38  844,821 
03/20/2024 125.52  128.54  125.32  128.34  588,156 
03/19/2024 127.38  128.55  125.56  125.58  576,545 
03/18/2024 128.40  129.02  126.51  127.92  3,033,526 
03/15/2024 124.84  130.13  124.38  127.98  2,286,877 
03/14/2024 124.20  125.61  123.90  125.28  373,703 
03/13/2024 121.74  124.79  121.29  124.53  475,767 
03/12/2024 122.10  123.03  120.96  122.16  621,800 
03/11/2024 121.24  123.05  121.17  122.05  368,433 
03/08/2024 121.41  123.06  121.41  121.99  482,260 
03/07/2024 122.04  122.35  120.17  121.34  468,489 
03/06/2024 122.49  123.95  121.47  121.47  565,900 
03/05/2024 123.00  124.91  121.98  122.06  1,173,950 
03/04/2024 124.07  125.18  123.39  123.40  659,100 
03/01/2024 124.39  125.98  122.51  124.83  387,564 
02/29/2024 125.24  126.20  123.51  124.24  719,184 
02/28/2024 121.69  125.82  121.69  124.11  1,044,741 
02/27/2024 118.82  122.67  118.50  121.84  1,502,474 
02/26/2024 118.93  120.37  116.84  118.41  1,240,103 
02/23/2024 129.42  131.80  117.11  118.83  2,065,433 
02/22/2024 134.31  134.31  132.19  133.46  582,361 
02/21/2024 131.76  133.30  131.76  133.21  434,920 
02/20/2024 133.25  134.67  131.67  132.54  961,273 
02/16/2024 142.04  142.04  131.84  133.40  1,278,427 
02/15/2024 142.60  143.43  141.72  142.09  361,020 
02/14/2024 139.95  142.47  139.95  142.16  314,750 
02/13/2024 140.57  141.39  139.02  140.14  348,943 
02/12/2024 141.92  142.40  140.70  141.90  227,004 
02/09/2024 141.26  143.19  140.80  141.64  632,714 
02/08/2024 138.95  139.48  138.03  139.47  278,770 
02/07/2024 139.45  142.44  138.39  139.39  699,932 
02/06/2024 138.21  140.29  138.21  139.31  815,521 
02/05/2024 141.12  142.32  135.65  137.54  419,177 
02/02/2024 140.93  141.99  139.87  141.04  619,663 
02/01/2024 135.96  142.00  135.96  140.76  755,536 
01/31/2024 137.71  138.47  135.20  135.54  476,515 
01/30/2024 135.85  137.84  135.45  137.82  341,662 
01/29/2024 136.91  137.23  134.84  136.10  374,146 
01/26/2024 135.98  137.11  135.41  136.54  416,819 
01/25/2024 134.03  137.05  131.90  135.54  566,725 
01/24/2024 136.63  137.86  132.64  132.87  655,782 
01/23/2024 134.51  136.49  134.06  135.64  592,027 
01/22/2024 134.00  134.81  133.05  134.48  390,322 
01/19/2024 132.28  134.01  131.09  133.65  602,508 

About Fomento Economico Stock history

Fomento Economico 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 Fomento is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fomento Economico 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 Fomento Economico stock prices may prove useful in developing a viable investing in Fomento Economico
Last ReportedProjected for Next Year
Common Stock Shares Outstanding20.6 B18.5 B
Net Income Applicable To Common Shares28.5 B29.9 B

Fomento Economico Quarterly Net Working Capital

182.02 Billion

Fomento Economico Stock Technical Analysis

Fomento Economico 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 Fomento Economico technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fomento Economico 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...

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Fomento Economico Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fomento Economico's price direction in advance. Along with the technical and fundamental analysis of Fomento Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fomento 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 Fomento Economico offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fomento Economico's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fomento Economico Mexicano Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fomento Economico Mexicano Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fomento Economico Mexicano. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Fomento Stock analysis

When running Fomento Economico's price analysis, check to measure Fomento Economico'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 Fomento Economico is operating at the current time. Most of Fomento Economico's value examination focuses on studying past and present price action to predict the probability of Fomento Economico's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fomento Economico's price. Additionally, you may evaluate how the addition of Fomento Economico to your portfolios can decrease your overall portfolio volatility.
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Is Fomento Economico's industry 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 Fomento Economico. If investors know Fomento 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 Fomento Economico 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
(0.56)
Dividend Share
4.397
Earnings Share
1.16
Revenue Per Share
K
Quarterly Revenue Growth
0.124
The market value of Fomento Economico is measured differently than its book value, which is the value of Fomento that is recorded on the company's balance sheet. Investors also form their own opinion of Fomento Economico's value that differs from its market value or its book value, called intrinsic value, which is Fomento Economico'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 Fomento Economico's market value can be influenced by many factors that don't directly affect Fomento Economico'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 Fomento Economico's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fomento Economico is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fomento Economico'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.