Grupo OTC Stock Technical Analysis


USD 17.00  0.13  0.77%   

As of the 26th of November, Grupo Bimbo retains the Downside Deviation of 3.67, market risk adjusted performance of (31.72), and Risk Adjusted Performance of 0.1287. Grupo Bimbo 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 break down and interpolate data for nineteen technical drivers for Grupo Bimbo SAB, which can be compared to its competitors. Please check out Grupo Bimbo SAB variance and potential upside to decide if Grupo Bimbo is priced fairly, providing market reflects its last-minute price of 17.0 per share. Given that Grupo Bimbo SAB has jensen alpha of 0.3084, we strongly advise you to confirm Grupo Bimbo SAB's regular market performance to make sure the company can sustain itself at a future point.

Grupo Bimbo 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 Grupo
Grupo Bimbo's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Grupo Bimbo technical otc 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, otc market cycles, or different charting patterns.
A focus of Grupo Bimbo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Grupo Bimbo 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...

Grupo Bimbo SAB Technical Analysis

The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Grupo Bimbo SAB volatility developed by Welles Wilder.

Grupo Bimbo SAB Trend Analysis

Use this graph to draw trend lines for Grupo Bimbo SAB. You can use it to identify possible trend reversals for Grupo Bimbo 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 Bimbo price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Grupo Bimbo Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Grupo Bimbo SAB applied against its price change over selected period. The best fit line has a slop of   0.041459  , which means Grupo Bimbo SAB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 65.01, which is the sum of squared deviations for the predicted Grupo Bimbo price change compared to its average price change.

About Grupo Bimbo 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 Bimbo SAB 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 Bimbo SAB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Grupo Bimbo SAB price pattern first instead of the macroeconomic environment surrounding Grupo Bimbo SAB. By analyzing Grupo Bimbo'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 Bimbo'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 Bimbo specific price patterns or momentum indicators. Please read more on our technical analysis page.

Grupo Bimbo November 26, 2022 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.

Grupo Bimbo November 26, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Grupo stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Continue to Trending Equities. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for analysis

When running Grupo Bimbo SAB price analysis, check to measure Grupo Bimbo'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 Bimbo is operating at the current time. Most of Grupo Bimbo's value examination focuses on studying past and present price action to predict the probability of Grupo Bimbo's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Grupo Bimbo's price. Additionally, you may evaluate how the addition of Grupo Bimbo to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Grupo Bimbo's value and its price as these two are different measures arrived at by different means. Investors typically determine Grupo Bimbo value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Bimbo'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.