Cemex Sab De Stock Price on February 14, 2024
| CXMSF Stock | USD 0.80 0.01 1.27% |
If you're considering investing in CEMEX Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of CEMEX SAB stands at 0.80, as last reported on the 2nd of May, with the highest price reaching 0.80 and the lowest price hitting 0.80 during the day. We consider CEMEX SAB abnormally volatile. CEMEX SAB de secures Sharpe Ratio (or Efficiency) of 0.021, which signifies that the company had a 0.021% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for CEMEX SAB de, which you can use to evaluate the volatility of the firm. Please confirm CEMEX SAB's risk adjusted performance of 0.0075, and Mean Deviation of 2.58 to double-check if the risk estimate we provide is consistent with the expected return of 0.0893%.
CEMEX Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
CEMEX |
Sharpe Ratio = 0.021
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| Cash | Small Risk | Average Risk | CXMSF | Huge Risk |
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Estimated Market Risk
| 4.26 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average CEMEX SAB is performing at about 1% 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 CEMEX SAB by adding it to a well-diversified portfolio.
CEMEX SAB Valuation on February 14, 2024
It is possible to determine the worth of CEMEX SAB on a given historical date. On February 14, 2024 CEMEX was worth 0.8 at the beginning of the trading date compared to the closed value of 0.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CEMEX SAB pink sheet. Still, in general, we apply an absolute valuation method to find CEMEX SAB'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 CEMEX SAB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CEMEX SAB's related companies.
| Open | High | Low | Close | Volume | |
| 0.73 | 0.73 | 0.73 | 0.73 | 1,000,125 | |
02/14/2024 | 0.80 | 0.80 | 0.80 | 0.80 | 1,100,390 |
| 0.73 | 0.73 | 0.73 | 0.73 | 2,600,500 |
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CEMEX SAB Trading Date Momentum on February 14, 2024
| On February 15 2024 CEMEX SAB de was traded for 0.73 at the closing time. The highest daily price throughout the period was 0.73 and the lowest price was 0.73 . The daily volume was 2.6 M. The net trading volume on 02/15/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 8.75% . The overall trading delta to current closing price is 0.00% . |
CEMEX SAB de Fundamentals Correlations and Trends
By evaluating CEMEX SAB'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 CEMEX SAB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CEMEX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CEMEX SAB Pink Sheet history
CEMEX SAB 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 CEMEX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CEMEX SAB de 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 CEMEX SAB stock prices may prove useful in developing a viable investing in CEMEX SAB
CEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials worldwide. CEMEX, S.A.B. de C.V. was founded in 1906 and is headquartered in San Pedro Garza Garca, Mexico. Cemex Sa operates under Building Materials classification in the United States and is traded on OTC Exchange. It employs 47324 people.
CEMEX SAB Pink Sheet Technical Analysis
CEMEX SAB technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
CEMEX SAB Period Price Range
Low | February 14, 2024
| High |
0.80 | 0.80 |
CEMEX SAB May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how CEMEX SAB pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CEMEX SAB shares will generate the highest return on investment. By undertsting and applying CEMEX SAB pink sheet market strength indicators, traders can identify CEMEX SAB de entry and exit signals to maximize returns
CEMEX SAB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CEMEX SAB's price direction in advance. Along with the technical and fundamental analysis of CEMEX Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of CEMEX 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 | 0.0075 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 0.1312 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CEMEX SAB de. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for CEMEX Pink Sheet analysis
When running CEMEX SAB's price analysis, check to measure CEMEX SAB'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 CEMEX SAB is operating at the current time. Most of CEMEX SAB's value examination focuses on studying past and present price action to predict the probability of CEMEX SAB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CEMEX SAB's price. Additionally, you may evaluate how the addition of CEMEX SAB to your portfolios can decrease your overall portfolio volatility.
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