Industrias Stock Technical Analysis

IBA
 Stock
  

USD 49.85  0.09  0.18%   

As of the 8th of December, Industrias Bachoco retains the Downside Deviation of 1.02, market risk adjusted performance of 0.6269, and Risk Adjusted Performance of 0.0973. Industrias Bachoco 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 have analyzed nineteen technical drivers for Industrias Bachoco SAB, which can be compared to its competitors. Please check out Industrias Bachoco SAB information ratio, value at risk, and the relationship between the standard deviation and treynor ratio to decide if Industrias Bachoco is priced fairly, providing market reflects its last-minute price of 49.85 per share. Given that Industrias Bachoco SAB has jensen alpha of 0.0621, we strongly advise you to confirm Industrias Bachoco SAB's regular market performance to make sure the company can sustain itself at a future point.
  

Industrias Bachoco Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Industrias, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Industrias
Industrias Bachoco'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.

Industrias Bachoco Analyst Consensus

Target PriceAdvice# of Analysts
48.0Strong Buy1Odds
Industrias Bachoco SAB current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Industrias analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Industrias stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Industrias Bachoco SAB, talking to its executives and customers, or listening to Industrias conference calls.
Industrias Analyst Advice Details
Industrias Bachoco 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 Industrias Bachoco technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Industrias Bachoco 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...

Industrias Bachoco SAB Technical Analysis

Indicator
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The output start index for this execution was twenty-two with a total number of output elements of thirty-nine. 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 Industrias Bachoco SAB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Industrias Bachoco SAB Trend Analysis

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

Industrias Bachoco Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Industrias Bachoco SAB applied against its price change over selected period. The best fit line has a slop of   0.09  , which may imply that Industrias Bachoco SAB will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 331.74, which is the sum of squared deviations for the predicted Industrias Bachoco price change compared to its average price change.

About Industrias Bachoco 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 Industrias Bachoco 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 Industrias Bachoco SAB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Industrias Bachoco SAB price pattern first instead of the macroeconomic environment surrounding Industrias Bachoco SAB. By analyzing Industrias Bachoco'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 Industrias Bachoco'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 Industrias Bachoco specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 (projected)
Current Ratio3.493.982.95
Book Value per Share803.67866.65956.6

Industrias Bachoco December 8, 2022 Technical Indicators

Most technical analysis of Industrias 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 Industrias from various momentum indicators to cycle indicators. When you analyze Industrias 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.

Industrias Bachoco December 8, 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 Industrias 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.
Please see Risk vs Return Analysis. Note that the Industrias Bachoco SAB information on this page should be used as a complementary analysis to other Industrias Bachoco'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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Industrias Stock analysis

When running Industrias Bachoco SAB price analysis, check to measure Industrias Bachoco'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 Industrias Bachoco is operating at the current time. Most of Industrias Bachoco's value examination focuses on studying past and present price action to predict the probability of Industrias Bachoco's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Industrias Bachoco's price. Additionally, you may evaluate how the addition of Industrias Bachoco to your portfolios can decrease your overall portfolio volatility.
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Is Industrias Bachoco'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 Industrias Bachoco. If investors know Industrias 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 Industrias Bachoco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Industrias Bachoco SAB is measured differently than its book value, which is the value of Industrias that is recorded on the company's balance sheet. Investors also form their own opinion of Industrias Bachoco's value that differs from its market value or its book value, called intrinsic value, which is Industrias Bachoco'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 Industrias Bachoco's market value can be influenced by many factors that don't directly affect Industrias Bachoco'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 Industrias Bachoco's value and its price as these two are different measures arrived at by different means. Investors typically determine Industrias Bachoco value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Industrias Bachoco'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.