Grupo Elektra Stock Forecast - Market Facilitation Index
| ELEKTRA Stock | MXN 1,108 5.91 0.54% |
Grupo Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Grupo Elektra stock prices and determine the direction of Grupo Elektra SAB's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Grupo Elektra's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Grupo Elektra to cross-verify your projections. Grupo |
Most investors in Grupo Elektra cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Grupo Elektra's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Grupo Elektra's price structures and extracts relationships that further increase the generated results' accuracy.
Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.| Previous Market Facilitation Index | Market Facilitation Index | Trend |
| 2.0E-4 | 10.31 |
| Check Grupo Elektra Volatility | Backtest Grupo Elektra | Information Ratio |
Grupo Elektra Trading Date Momentum
| On May 27 2024 Grupo Elektra SAB was traded for 1,108 at the closing time. The highest price during the trading period was 1,113 and the lowest recorded bid was listed for 1,103 . There was no trading activity during the period 0.0. Lack of trading volume on May 27, 2024 did not cause price change. The overall trading delta to the current price is 0.01% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for Grupo Elektra
For every potential investor in Grupo, whether a beginner or expert, Grupo Elektra's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Grupo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Grupo. Basic forecasting techniques help filter out the noise by identifying Grupo Elektra's price trends.Grupo Elektra Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Grupo Elektra stock to make a market-neutral strategy. Peer analysis of Grupo Elektra could also be used in its relative valuation, which is a method of valuing Grupo Elektra by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Grupo Elektra SAB Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Grupo Elektra's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Grupo Elektra's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Grupo Elektra Market Strength Events
Market strength indicators help investors to evaluate how Grupo Elektra 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 Elektra shares will generate the highest return on investment. By undertsting and applying Grupo Elektra stock market strength indicators, traders can identify Grupo Elektra SAB entry and exit signals to maximize returns.
Grupo Elektra Risk Indicators
The analysis of Grupo Elektra's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Grupo Elektra's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting grupo stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.3707 | |||
| Standard Deviation | 0.6054 | |||
| Variance | 0.3665 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Historical Fundamental Analysis of Grupo Elektra to cross-verify your projections. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Grupo Stock analysis
When running Grupo Elektra's price analysis, check to measure Grupo Elektra'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 Elektra is operating at the current time. Most of Grupo Elektra's value examination focuses on studying past and present price action to predict the probability of Grupo Elektra'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 Elektra's price. Additionally, you may evaluate how the addition of Grupo Elektra to your portfolios can decrease your overall portfolio volatility.
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