Grupo Industrial (Mexico) Technical Analysis
| GISSAA Stock | MXN 22.33 0.33 1.50% |
As of the 5th of May, Grupo Industrial retains the Standard Deviation of 1.09, market risk adjusted performance of (2.72), and Risk Adjusted Performance of (0.13). Grupo Industrial technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Grupo Industrial Saltillo, which can be compared to its competitors. Please check out Grupo Industrial Saltillo standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Grupo Industrial is priced fairly, providing market reflects its last-minute price of 22.33 per share.
Grupo Industrial Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Grupo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GrupoGrupo |
Grupo Industrial 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.
Grupo Industrial Saltillo Technical Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. 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 Grupo Industrial Saltillo volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Grupo Industrial Saltillo Trend Analysis
Use this graph to draw trend lines for Grupo Industrial Saltillo. You can use it to identify possible trend reversals for Grupo Industrial 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 Grupo Industrial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Grupo Industrial Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Grupo Industrial Saltillo applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Grupo Industrial Saltillo market price will keep on failing further. It has 122 observation points and a regression sum of squares at 61.14, which is the sum of squared deviations for the predicted Grupo Industrial price change compared to its average price change.About Grupo Industrial 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 Grupo Industrial Saltillo 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 Grupo Industrial Saltillo based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Grupo Industrial Saltillo price pattern first instead of the macroeconomic environment surrounding Grupo Industrial Saltillo. By analyzing Grupo Industrial'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 Grupo Industrial'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 Grupo Industrial specific price patterns or momentum indicators. Please read more on our technical analysis page.
Grupo Industrial May 5, 2024 Technical Indicators
Most technical analysis of Grupo 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 Grupo from various momentum indicators to cycle indicators. When you analyze Grupo 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.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.13) | |||
| Market Risk Adjusted Performance | (2.72) | |||
| Mean Deviation | 0.7202 | |||
| Coefficient Of Variation | (487.61) | |||
| Standard Deviation | 1.09 | |||
| Variance | 1.19 | |||
| Information Ratio | (0.28) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (2.73) | |||
| Maximum Drawdown | 6.17 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 1.5 | |||
| Skewness | (0.48) | |||
| Kurtosis | 1.91 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grupo Industrial Saltillo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Grupo Industrial Saltillo information on this page should be used as a complementary analysis to other Grupo Industrial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Grupo Stock analysis
When running Grupo Industrial's price analysis, check to measure Grupo Industrial'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 Industrial is operating at the current time. Most of Grupo Industrial's value examination focuses on studying past and present price action to predict the probability of Grupo Industrial'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 Industrial's price. Additionally, you may evaluate how the addition of Grupo Industrial to your portfolios can decrease your overall portfolio volatility.
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