Assessment - IPC Mexico - 3/25/24 - RS = 44
⇐
⇓ instrument
freshest
⇓ Δday
3/25/24
⇓ Δwk
5/22/23
prc diff
⇓ Δ44
∅-RS
IPC
57,369.000
Wed
0.28
56,552.500
1.44
53,466.300
3,086.200
5.77
5.03
L
Alsea
81.980
Wed
-0.53
78.950
3.84
52.960
25.990
49.07
35.82
Quálitas
193.450
Wed
-0.79
189.390
2.14
118.440
70.950
59.90
35.78
L
Liverpool
144.210
Wed
-0.46
141.230
2.11
105.780
35.450
33.51
32.79
L
Gentera
28.450
Wed
4.10
26.800
6.16
19.140
7.660
40.02
29.05
L
Chedraui
133.670
Wed
0.58
131.740
1.47
100.740
31.000
30.77
26.87
Inbursa
51.130
Wed
0.45
50.280
1.69
41.600
8.680
20.87
21.17
Cementos Chihuahua
197.610
Wed
-0.71
197.900
-0.15
139.720
58.180
41.64
21.06
L
Cemex
14.670
Wed
0.07
14.450
1.52
11.320
3.130
27.65
19.50
L
Megacable
46.220
Wed
-3.65
48.660
-5.01
45.570
3.090
6.78
17.52
L
México
98.130
Wed
0.12
98.030
0.10
77.770
20.260
26.05
17.37
Regional
163.690
Wed
0.03
160.900
1.73
144.000
16.900
11.74
15.63
Carso
148.120
Wed
2.49
144.440
2.55
103.230
41.210
39.92
12.67
L
Banco del Bajio
64.800
Wed
1.41
63.960
1.31
57.560
6.400
11.12
11.24
L
Aerop. Sureste
524.360
Wed
0.18
518.230
1.18
503.930
14.300
2.84
11.18
FEMSA
215.640
Wed
-1.06
215.850
-0.10
176.120
39.730
22.56
9.99
L
Genomma Lab
15.780
Wed
1.61
15.460
2.07
15.130
0.330
2.18
9.90
Banorte
176.370
Wed
-0.52
170.010
3.74
143.500
26.510
18.47
9.61
Coca-Cola FEMSA
160.380
Wed
0.44
158.330
1.29
154.050
4.280
2.78
6.32
L
Bolsa Mexicana
37.020
Wed
-0.11
36.970
0.14
36.990
-0.020
-0.05
6.10
Vesta
64.870
Wed
2.04
63.260
2.55
55.040
8.220
14.93
5.71
Alfa
12.370
Wed
1.48
12.230
1.14
11.120
1.110
9.98
5.31
Arca Continental
181.450
Wed
-1.12
181.140
0.17
175.710
5.430
3.09
4.76
L
Becle
39.200
Wed
-0.88
40.100
-2.24
43.420
-3.320
-7.65
4.32
Gruma
310.680
Wed
1.71
299.890
3.60
266.380
33.510
12.58
2.53
⇓ instrument
freshest
⇓ Δday
3/25/24
⇓ Δwk
5/22/23
prc diff
⇓ Δ44
∅-RS
Pinfra
176.010
Wed
0.05
173.210
1.62
170.720
2.490
1.46
0.66
Kimberly-Clark
38.600
Wed
2.36
37.330
3.40
37.110
0.220
0.59
0.04
S
Elektra
1,152.430
Wed
0.17
1,153.710
-0.11
1,167.790
-14.080
-1.21
-0.42
WalMex
67.000
Wed
-0.03
66.950
0.07
70.610
-3.660
-5.18
-1.64
Peñoles
234.970
Wed
1.97
227.300
3.37
264.810
-37.510
-14.16
-3.71
Orbia Advance
34.730
Wed
0.84
34.650
0.23
38.320
-3.670
-9.58
-4.88
L
America Movil
15.580
Wed
2.50
15.370
1.37
19.040
-3.670
-19.28
-8.08
Bimbo
78.470
Wed
-0.93
77.640
1.07
90.820
-13.180
-14.51
-8.40
Aerop. Centro Norte
163.410
Wed
1.58
156.800
4.22
191.190
-34.390
-17.99
-8.62
Aerop. Pacifico
267.010
Wed
0.80
257.980
3.50
319.470
-61.490
-19.25
-9.16
L
Televisa
10.380
Wed
0.29
10.250
1.27
17.290
-7.040
-40.72
-17.76
IPC - 35 out of 35 instruments rated - 3/25/24 / 5/22/23 - 24 did rise, Market-Ratio(44) = 68.57 %
Stock Exchange Currency: MXN $ Mexican peso
Technical Chart
Transactions IPC Mexico * L44 - 37 ex 4 (1)
⇐
L/S date buy date sell days instrument spl pieces prc buy prc sell prc diff d % asset yield long
1/02/06
3/20/06
77
Orbia Advance
100
2,481
4.030
4.730
0.700
17
11,737
114
3/20/06
9/18/06
182
México
100
1,146
10.240
11.300
1.060
10
12,951
22
9/18/06
1/29/07
133
Banorte
100
368
35.140
42.450
7.310
21
15,642
68
1/29/07
11/19/07
294
Pinfra
100
593
26.370
34.830
8.460
32
20,658
41
11/19/07
4/21/08
154
Orbia Advance
100
1,509
13.690
22.830
9.140
67
34,451
236
4/21/08
4/28/08
7
- cash -
4/28/08
7/07/08
70
Orbia Advance
100
1,364
25.250
27.690
2.440
10
37,779
62
7/07/08
7/14/08
7
- cash -
7/14/08
7/21/08
7
Orbia Advance
100
1,457
25.920
26.150
0.230
1
38,114
59
7/21/08
7/20/09
364
- cash -
7/20/09
3/15/10
238
Gruma
100
2,466
15.450
24.500
9.050
59
60,431
103
3/15/10
1/31/11
322
Genomma Lab
100
2,782
21.720
30.720
9.000
41
85,469
48
1/31/11
2/21/11
21
México
100
1,807
47.280
46.900
-0.380
-1
84,782
-13
2/21/11
8/08/11
168
Alfa
100
5,690
14.900
14.220
-0.680
-5
80,913
-10
8/08/11
10/03/11
56
Elektra
100
117
691.030
977.900
286.870
42
114,477
861
10/03/11
10/24/11
21
- cash -
10/24/11
4/16/12
175
Elektra
100
114
1,000.500
829.800
-170.700
-17
95,017
-32
4/16/12
6/04/12
49
Alsea
100
4,928
19.280
16.120
-3.160
-16
79,445
-74
6/04/12
7/16/12
42
Coca-Cola FEMSA
100
467
170.050
162.440
-7.610
-4
75,891
-33
7/16/12
8/20/12
35
Banorte
100
1,040
72.970
68.260
-4.710
-6
70,993
-50
8/20/12
2/11/13
175
Regional
100
1,485
47.800
59.520
11.720
25
88,397
58
2/11/13
5/20/13
98
Aerop. Centro Norte
100
2,014
43.880
44.920
1.040
2
90,491
9
5/20/13
6/24/13
35
Alsea
100
2,590
34.930
28.750
-6.180
-18
74,485
-87
6/24/13
6/09/14
350
Pinfra
100
638
116.720
176.550
59.830
51
112,657
54
6/09/14
7/20/15
406
Gruma
100
767
146.810
202.560
55.750
38
155,417
34
7/20/15
9/14/15
56
Aerop. Centro Norte
100
1,804
86.110
83.540
-2.570
-3
150,781
-18
9/14/15
2/22/16
161
Aerop. Pacifico
100
1,024
147.110
148.000
0.890
1
151,692
1
2/22/16
3/14/16
21
Gruma
100
526
288.000
258.890
-29.110
-10
136,380
-84
3/14/16
5/02/16
49
Alsea
100
2,145
63.570
66.250
2.680
4
142,129
36
L/S date buy date sell days instrument spl pieces prc buy prc sell prc diff d % asset yield
5/02/16
12/26/16
238
Genomma Lab
100
7,255
19.590
21.260
1.670
9
154,245
13
12/26/16
11/06/17
315
Cementos Chihuahua
100
2,319
66.490
92.570
26.080
39
214,724
47
11/06/17
2/05/18
91
Elektra
100
264
812.450
677.340
-135.110
-17
179,055
-52
2/05/18
2/12/18
7
Quálitas
100
3,845
46.560
46.370
-0.190
0
178,324
-19
2/12/18
2/19/18
7
- cash -
2/19/18
3/19/18
28
Quálitas
100
3,634
49.070
51.730
2.660
5
187,991
99
3/19/18
4/09/18
21
- cash -
4/09/18
5/07/18
28
Quálitas
100
3,594
52.300
49.570
-2.730
-5
178,179
-50
5/07/18
7/09/18
63
- cash -
7/09/18
10/08/18
91
Cementos Chihuahua
100
1,422
125.240
116.720
-8.520
-7
166,064
-25
10/08/18
11/12/18
35
Elektra
100
199
830.370
893.690
63.320
8
178,665
115
11/12/18
1/21/19
70
- cash -
1/21/19
2/11/19
21
Elektra
100
170
1,049.830
1,029.560
-20.270
-2
175,219
-29
2/11/19
3/25/19
42
- cash -
3/25/19
5/27/19
63
Elektra
100
166
1,051.670
1,213.900
162.230
15
202,149
130
5/27/19
9/02/19
98
- cash -
9/02/19
9/09/19
7
Elektra
100
144
1,399.750
1,385.410
-14.340
-1
200,084
-42
9/09/19
9/16/19
7
- cash -
9/16/19
3/09/20
175
Quálitas
100
2,887
69.290
84.110
14.820
21
242,869
50
3/09/20
6/08/20
91
- cash -
6/08/20
6/15/20
7
Becle
100
6,150
39.490
40.230
0.740
2
247,420
163
6/15/20
6/22/20
7
- cash -
6/22/20
7/06/20
14
Becle
100
5,729
43.180
43.760
0.580
1
250,743
42
7/06/20
11/16/20
133
- cash -
11/16/20
12/14/20
28
Peñoles
100
753
332.590
319.660
-12.930
-4
241,007
-40
12/14/20
12/28/20
14
- cash -
12/28/20
5/03/21
126
México
100
2,830
85.140
90.920
5.780
7
257,364
21
5/03/21
8/02/21
91
Cemex
100
15,702
16.390
16.100
-0.290
-2
252,811
-7
8/02/21
11/15/21
105
Banco del Bajio
100
6,922
36.520
37.530
1.010
3
259,802
10
11/15/21
11/29/21
14
Alsea
100
5,957
43.610
38.570
-5.040
-12
229,778
-96
11/29/21
12/06/21
7
Chedraui
100
5,881
39.070
37.630
-1.440
-4
221,310
-86
12/06/21
1/24/22
49
America Movil
100
11,366
19.470
19.950
0.480
2
226,766
20
1/24/22
9/05/22
224
Inbursa
100
8,602
26.360
33.180
6.820
26
285,431
45
9/05/22
9/12/22
7
- cash -
9/12/22
9/26/22
14
Chedraui
100
4,838
58.990
57.100
-1.890
-3
276,287
-57
9/26/22
10/03/22
7
- cash -
10/03/22
6/05/23
245
Chedraui
100
4,605
59.990
93.530
33.540
56
430,739
94
6/05/23
10/23/23
140
Carso
100
3,844
112.040
124.680
12.640
11
479,327
32
L/S date buy date sell days instrument spl pieces prc buy prc sell prc diff d % asset yield
10/23/23
10/30/23
7
- cash -
10/30/23
3/27/24
149
Quálitas
100
3,216
149.010
193.450
44.440
30
622,246
90
accum 1/02/06
3/27/24 5688
days out of 6661 invested (85%)
6,122
622,246
30
Instrument Related Contribution
instrument L/S date buy date sell days prc buy prc sell prc diff d % total
Orbia Advance long 1/02/06 3/20/06 77 4.03 4.73 0.70 17.37
11/19/07 4/21/08 154 13.69 22.83 9.14 66.76
4/28/08 7/07/08 70 25.25 27.69 2.44 9.66
7/14/08 7/21/08 7 25.92 26.15 0.23 0.89 116.55
Pinfra 1/29/07 11/19/07 294 26.37 34.83 8.46 32.08
6/24/13 6/09/14 350 116.72 176.55 59.83 51.26 99.79
Gruma 7/20/09 3/15/10 238 15.45 24.50 9.05 58.58
6/09/14 7/20/15 406 146.81 202.56 55.75 37.97
2/22/16 3/14/16 21 288.00 258.89 -29.11 -10.11 96.68
Quálitas 2/05/18 2/12/18 7 46.56 46.37 -0.19 -0.41
2/19/18 3/19/18 28 49.07 51.73 2.66 5.42
4/09/18 5/07/18 28 52.30 49.57 -2.73 -5.22
9/16/19 3/09/20 175 69.29 84.11 14.82 21.39
10/30/23 3/27/24 149 149.01 193.45 44.44 29.82 56.82
Genomma Lab 3/15/10 1/31/11 322 21.72 30.72 9.00 41.44
5/02/16 12/26/16 238 19.59 21.26 1.67 8.52 53.49
Chedraui 11/29/21 12/06/21 7 39.07 37.63 -1.44 -3.69
9/12/22 9/26/22 14 58.99 57.10 -1.89 -3.20
10/03/22 6/05/23 245 59.99 93.53 33.54 55.91 45.35
Cementos Chihuahua 12/26/16 11/06/17 315 66.49 92.57 26.08 39.22
7/09/18 10/08/18 91 125.24 116.72 -8.52 -6.80 29.75
Inbursa 1/24/22 9/05/22 224 26.36 33.18 6.82 25.87 25.87
Regional 8/20/12 2/11/13 175 47.80 59.52 11.72 24.52 24.52
Elektra 8/08/11 10/03/11 56 691.03 977.90 286.87 41.51
10/24/11 4/16/12 175 1,000.50 829.80 -170.70 -17.06
11/06/17 2/05/18 91 812.45 677.34 -135.11 -16.63
10/08/18 11/12/18 35 830.37 893.69 63.32 7.63
1/21/19 2/11/19 21 1,049.83 1,029.56 -20.27 -1.93
3/25/19 5/27/19 63 1,051.67 1,213.90 162.23 15.43
9/02/19 9/09/19 7 1,399.75 1,385.41 -14.34 -1.02 17.99
instrument L/S date buy date sell days prc buy prc sell prc diff d % total
México 3/20/06 9/18/06 182 10.24 11.30 1.06 10.35
1/31/11 2/21/11 21 47.28 46.90 -0.38 -0.80
12/28/20 5/03/21 126 85.14 90.92 5.78 6.79 16.90
Banorte 9/18/06 1/29/07 133 35.14 42.45 7.31 20.80
7/16/12 8/20/12 35 72.97 68.26 -4.71 -6.45 13.01
Carso 6/05/23 10/23/23 140 112.04 124.68 12.64 11.28 11.28
Becle 6/08/20 6/15/20 7 39.49 40.23 0.74 1.87
6/22/20 7/06/20 14 43.18 43.76 0.58 1.34 3.24
Banco del Bajio 8/02/21 11/15/21 105 36.52 37.53 1.01 2.77 2.77
America Movil 12/06/21 1/24/22 49 19.47 19.95 0.48 2.47 2.47
Aerop. Pacifico 9/14/15 2/22/16 161 147.11 148.00 0.89 0.60 0.60
Aerop. Centro Norte 2/11/13 5/20/13 98 43.88 44.92 1.04 2.37
7/20/15 9/14/15 56 86.11 83.54 -2.57 -2.98 -0.69
Cemex 5/03/21 8/02/21 91 16.39 16.10 -0.29 -1.77 -1.77
Peñoles 11/16/20 12/14/20 28 332.59 319.66 -12.93 -3.89 -3.89
Coca-Cola FEMSA 6/04/12 7/16/12 42 170.05 162.44 -7.61 -4.48 -4.48
Alfa 2/21/11 8/08/11 168 14.90 14.22 -0.68 -4.56 -4.56
Alsea 4/16/12 6/04/12 49 19.28 16.12 -3.16 -16.39
5/20/13 6/24/13 35 34.93 28.75 -6.18 -17.69
3/14/16 5/02/16 49 63.57 66.25 2.68 4.22
11/15/21 11/29/21 14 43.61 38.57 -5.04 -11.56 -36.57
Annotations
3/14/24 IPC Component update: Chedraui and Genomma Lab return, Sitios Latinoamérica, Telesites and Volaris leave
2/23/17 IPC Machine learning processed for all techniques.
The algorithm could not determine a long-term exchanging short technique.
This is presumably due to the high volatility of the market.
Even the best alternating technique is not convincing (only 3 transactions).
2/21/17 IPC index adjustment: Empresas ICA, La Comer and Telesites drop out, Bolsa Mexicana returns
8/02/16 IPC BMV (Bolsas), Comercial Mexicana and Industrias CH drop out,
Aeropuerto del Centro Norte, La Comer, Nemak, Telesites and Volaris join
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