Fomento Economico Mexicano Stock Price on June 20, 2024
| FMX Stock | USD 106.25 3.03 2.77% |
Below is the normalized historical share price chart for Fomento Economico Mexicano extending back to May 11, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fomento Economico stands at 106.25, as last reported on the 26th of June, with the highest price reaching 108.66 and the lowest price hitting 105.65 during the day.
If you're considering investing in Fomento Stock, it is important to understand the factors that can impact its price. Fomento Economico secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the company had a -0.17% return per unit of risk over the last 3 months. Fomento Economico Mexicano exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fomento Economico's Standard Deviation of 1.68, variance of 2.81, and Mean Deviation of 1.08 to check the risk estimate we provide.
At this time, Fomento Economico's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 846.1 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 18.5 B in 2024. . At this time, Fomento Economico's Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 27.34 in 2024, whereas Price To Sales Ratio is likely to drop 6.24 in 2024. Fomento Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of May 1998 | 200 Day MA 121.2485 | 50 Day MA 115.5108 | Beta 0.381 |
Fomento |
Sharpe Ratio = -0.1735
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| Negative Returns | FMX |
Estimated Market Risk
| 1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fomento Economico is not performing at its full potential. However, 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 Fomento Economico by adding Fomento Economico to a well-diversified portfolio.
Price Book 9.6481 | Enterprise Value Ebitda 3.0052 | Price Sales 0.3163 | Shares Float 2.7 B | Dividend Share 4.397 |
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Fomento Economico Valuation on June 20, 2024
It is possible to determine the worth of Fomento Economico on a given historical date. On June 20, 2024 Fomento was worth 108.04 at the beginning of the trading date compared to the closed value of 107.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fomento Economico stock. Still, in general, we apply an absolute valuation method to find Fomento Economico'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 Fomento Economico where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fomento Economico's related companies.
| Open | High | Low | Close | Volume | |
| 108.31 | 110.27 | 108.06 | 108.24 | 693,386 | |
06/20/2024 | 108.04 | 110.42 | 107.12 | 107.88 | 718,077 |
| 107.31 | 109.39 | 106.54 | 106.75 | 847,786 |
| Backtest Fomento Economico | | | Fomento Economico History | | | Fomento Economico Valuation | Previous | Next |
Fomento Economico Trading Date Momentum on June 20, 2024
| On June 21 2024 Fomento Economico Mexicano was traded for 106.75 at the closing time. Highest Fomento Economico's price during the trading hours was 109.39 and the lowest price during the day was 106.54 . The net volume was 847.8 K. The overall trading history on the 21st of June contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.05% . The overall trading delta to current price is 0.60% . |
Fomento Economico Fundamentals Correlations and Trends
By evaluating Fomento Economico'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 Fomento Economico's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fomento financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fomento Economico Stock history
Fomento Economico 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 Fomento is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fomento Economico 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 Fomento Economico stock prices may prove useful in developing a viable investing in Fomento Economico
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 20.6 B | 18.5 B | |
| Net Income Applicable To Common Shares | 28.5 B | 29.9 B |
Fomento Economico Quarterly Net Working Capital |
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Fomento Economico Stock Technical Analysis
Fomento Economico 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.
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