Fomento Economico Mexicano Stock Probability of Future Stock Price Finishing Over 120.72
| FMX Stock | USD 113.76 2.35 2.11% |
Closest to current price Fomento long CALL Option Payoff at Expiration
Fomento |
Fomento Economico Target Price Odds to finish over 120.72
The tendency of Fomento Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 120.72 or more in 90 days |
| 113.76 | 90 days | 120.72 | about 53.66 |
Based on a normal probability distribution, the odds of Fomento Economico to move over $ 120.72 or more in 90 days from now is about 53.66 (This Fomento Economico Mexicano probability density function shows the probability of Fomento Stock to fall within a particular range of prices over 90 days) . Probability of Fomento Economico price to stay between its current price of $ 113.76 and $ 120.72 at the end of the 90-day period is about 40.21 .
Considering the 90-day investment horizon Fomento Economico has a beta of 0.35. This usually indicates as returns on the market go up, Fomento Economico average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fomento Economico Mexicano will be expected to be much smaller as well. Additionally Fomento Economico Mexicano has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Fomento Economico Price Density |
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Predictive Modules for Fomento Economico
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fomento Economico. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fomento Economico's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fomento Economico Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fomento Economico is not an exception. The market had few large corrections towards the Fomento Economico's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Fomento Economico Mexicano, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fomento Economico within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.11 | |
β | Beta against NYSE Composite | 0.35 | |
σ | Overall volatility | 4.79 | |
Ir | Information ratio | -0.08 |
Fomento Economico Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Fomento Economico for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fomento Economico can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fomento Economico generated a negative expected return over the last 90 days | |
| On 29th of April 2024 Fomento Economico paid $ 1.1305 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Institutions own 33 percent of Fomento Econmico Mexicano, S.A.B. de C.V. shares but retail investors control 44 percent of the company |
Fomento Economico Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Fomento Stock often depends not only on the future outlook of the current and potential Fomento Economico's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Fomento Economico's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.9 B | |
| Cash And Short Term Investments | 191.8 B |
Fomento Economico Technical Analysis
Fomento Economico's future price can be derived by breaking down and analyzing its technical indicators over time. Fomento Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fomento Economico Mexicano. In general, you should focus on analyzing Fomento Stock price patterns and their correlations with different microeconomic environments and drivers.
Fomento Economico Predictive Forecast Models
Fomento Economico's time-series forecasting models is one of many Fomento Economico's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Fomento Economico's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Fomento Economico
Checking the ongoing alerts about Fomento Economico for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fomento Economico help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fomento Economico generated a negative expected return over the last 90 days | |
| On 29th of April 2024 Fomento Economico paid $ 1.1305 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Institutions own 33 percent of Fomento Econmico Mexicano, S.A.B. de C.V. shares but retail investors control 44 percent of the company |
Additional Tools for Fomento Stock Analysis
When running Fomento Economico's price analysis, check to measure Fomento Economico'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 Fomento Economico is operating at the current time. Most of Fomento Economico's value examination focuses on studying past and present price action to predict the probability of Fomento Economico's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fomento Economico's price. Additionally, you may evaluate how the addition of Fomento Economico to your portfolios can decrease your overall portfolio volatility.