Tue, Nov 4th, 2025, 11:51UTC   
	   
	
	
	
	
	
	 
	
		 
 
 
 
 
Assessment - IPC Mexico in Japanese yen -  7/01/24 - RS = 22
 ⇐   
 
  
⇓  instrument 
freshest 
⇓   Δday 
 7/01/24 
⇓   Δwk 
 1/29/24 
 prc diff 
⇓   Δ22 
  
∅-RS 
 
 
 
 
 
S 
 
IPC 
465,865.848 
 8/12/24 
-0.02 
464,492.151 
0.30 
489,857.262 
-25,365.111 
-5.18 
  
-0.95   
 
 
 
 
L 
 
Aerop. Sureste 
4,502.282 
 8/12/24 
0.24 
4,882.420 
-7.79 
4,329.266 
553.154 
12.78 
  
19.56   
 
 
 
 
 
 
Quálitas 
1,446.949 
 8/12/24 
-2.49 
1,660.469 
-12.86 
1,527.261 
133.208 
8.72 
  
20.52   
 
 
 
 
L 
 
Genomma Lab 
164.861 
 8/12/24 
 
149.578 
10.22 
121.164 
28.415 
23.45 
  
20.23   
 
 
 
 
 
 
Chedraui 
1,273.919 
 8/12/24 
2.44 
1,116.348 
14.11 
954.238 
162.110 
16.99 
  
18.46   
 
 
 
 
 
 
Megacable 
373.024 
 8/12/24 
-0.72 
401.920 
-7.19 
380.445 
21.475 
5.64 
  
9.57   
 
 
 
 
 
 
Liverpool 
1,171.331 
 8/12/24 
0.22 
1,168.608 
0.23 
1,005.358 
163.250 
16.24 
  
21.27   
 
 
 
 
L 
 
Aerop. Pacifico 
2,564.439 
 8/12/24 
0.72 
2,509.368 
2.19 
2,358.281 
151.087 
6.41 
  
4.81   
 
 
 
 
 
 
México 
932.691 
 8/12/24 
1.09 
885.701 
5.31 
766.713 
118.987 
15.52 
  
17.82   
 
 
 
 
 
 
Gruma 
3,267.712 
 8/12/24 
-0.21 
2,889.242 
13.10 
2,668.426 
220.817 
8.28 
  
8.88   
 
 
 
 
 
 
Gentera 
185.502 
 8/12/24 
0.05 
205.703 
-9.82 
191.464 
14.239 
7.44 
  
7.23   
 
 
 
 
 
 
Coca-Cola FEMSA 
1,455.205 
 8/12/24 
-0.41 
1,341.901 
8.44 
1,371.761 
-29.859 
-2.18 
  
2.61   
 
 
 
 
 
 
Arca Continental 
1,635.437 
 8/12/24 
-0.93 
1,558.584 
4.93 
1,626.932 
-68.349 
-4.20 
  
4.27   
 
 
 
 
 
 
Peñoles 
2,122.642 
 8/12/24 
-0.26 
2,094.887 
1.32 
2,043.598 
51.289 
2.51 
  
3.67   
 
 
 
 
 
 
Pinfra 
1,527.930 
 8/12/24 
-1.38 
1,476.987 
3.45 
1,455.847 
21.140 
1.45 
  
-0.24   
 
 
 
 
 
 
Cementos Chihuahua 
1,370.974 
 8/12/24 
-2.81 
1,514.140 
-9.46 
1,676.425 
-162.285 
-9.68 
  
-0.42   
 
 
 
 
S 
 
FEMSA 
1,844.653 
 8/12/24 
-0.45 
1,744.964 
5.71 
2,007.891 
-262.927 
-13.09 
  
-1.02   
 
 
 
 
L 
 
America Movil 
142.200 
 8/12/24 
0.12 
138.160 
2.92 
132.809 
5.351 
4.03 
  
0.12   
 
 
 
 
 
 
Inbursa 
388.570 
 8/12/24 
-2.28 
387.516 
0.27 
428.483 
-40.967 
-9.56 
  
4.51   
 
 
 
 
 
 
Becle 
273.158 
 8/12/24 
3.67 
281.678 
-3.02 
286.854 
-5.176 
-1.80 
  
-10.69   
 
 
 
 
 
 
Aerop. Centro Norte 
1,357.184 
 8/12/24 
2.22 
1,362.630 
-0.40 
1,358.488 
4.141 
0.30 
  
-5.54   
 
 
 
 
S 
 
Cemex 
104.520 
 8/12/24 
-0.75 
101.710 
2.76 
122.362 
-20.653 
-16.88 
  
-7.84   
 
 
 
 
S 
 
Alsea 
484.922 
 8/12/24 
0.47 
570.910 
-15.06 
582.270 
-11.361 
-1.95 
  
3.23   
 
 
 
 
S 
 
Elektra 
8,299.710 
 7/26/24 
 
9,317.071 
-10.92 
9,911.784 
-594.713 
-6.00 
  
-7.03   
 
 
 
 
S 
 
Bolsa Mexicana 
260.598 
 8/12/24 
-0.17 
274.300 
-5.00 
300.297 
-25.997 
-8.66 
  
-5.90   
 
  
⇓  instrument 
freshest 
⇓   Δday 
 7/01/24 
⇓   Δwk 
 1/29/24 
 prc diff 
⇓   Δ22 
  
∅-RS 
 
 
 
 
 
 
 
Carso 
1,035.015 
 8/12/24 
-1.65 
1,155.785 
-10.45 
1,446.942 
-291.157 
-20.12 
  
-4.77   
 
 
 
 
S 
 
WalMex 
550.181 
 8/12/24 
0.50 
549.215 
0.18 
603.677 
-54.462 
-9.02 
  
-4.78   
 
 
 
 
S 
 
Vesta 
493.969 
 8/12/24 
-0.23 
486.327 
1.57 
565.145 
-78.818 
-13.95 
  
-7.95   
 
 
 
 
S 
 
Banco del Bajio 
457.255 
 8/12/24 
0.64 
490.543 
-6.79 
551.787 
-61.244 
-11.10 
  
-1.76   
 
 
 
 
S 
 
Regional 
1,115.470 
 8/12/24 
-0.39 
1,215.159 
-8.20 
1,360.800 
-145.641 
-10.70 
  
-1.26   
 
 
 
 
S 
 
Banorte 
1,210.416 
 8/12/24 
0.58 
1,286.831 
-5.94 
1,465.609 
-178.778 
-12.20 
  
-6.37   
 
 
 
 
 
 
Televisa 
68.158 
 8/12/24 
-1.15 
87.393 
-22.01 
94.020 
-6.626 
-7.05 
  
-9.41   
 
 
 
 
S 
 
Kimberly-Clark 
299.859 
 8/12/24 
-1.01 
274.651 
9.18 
329.325 
-54.674 
-16.60 
  
-13.49   
 
 
 
 
S 
 
Alfa 
92.136 
 8/12/24 
1.65 
93.454 
-1.41 
113.029 
-19.575 
-17.32 
  
-8.40   
 
 
 
 
 
 
Bimbo 
600.685 
 8/12/24 
-0.84 
586.895 
2.35 
679.287 
-92.392 
-13.60 
  
-14.28   
 
 
 
 
S 
 
Orbia Advance 
184.184 
 8/12/24 
-3.23 
223.884 
-17.73 
291.392 
-67.508 
-23.17 
  
-24.30   
 IPC - 35 out of 35 instruments rated -  7/01/24 /  1/29/24 - 14 did rise, Market-Ratio(22) in JPY = 40.00 %   
Stock Exchange Currency: MXN $ Mexican peso  
	
		 		
		
	 
	
	 
		
		
	Technical Chart
	
	
	
	 
	 
	
	Transactions IPC Mexico in Japanese yen * A22 - 85/20 (1)
	
 
 ⇐   
 
L/S date buy  date sell days  instrument spl pieces   prc buy prc sell ps short prc diff d % asset yield   
 1/02/06  
 1/09/06  
7  
   
 - cash -  
 
long 
 1/09/06 
 12/17/07 
707 
  
 
 
 Orbia Advance 
100 
 223 
  
44.656 
 138.565 
  
 93.909 
210 
 30,942 
79 
   
short 
12/17/07 
  6/15/09 
546 
  
 
 
 Cemex 
100 
 107 
  
288.634 
 101.204 
823.182 
 534.548 
185 
 88,138 
101 
   
long 
 6/15/09 
  6/04/18 
3276 
  
 
 
 Gruma 
100 
 857 
  
102.819 
 1,205.569 
  
 1,102.750 
1,073 
 1,033,195 
32 
   
short 
 6/04/18 
  1/20/20 
595 
  
 
 
 Volaris 
100 
 17,673 
  
58.460 
 114.053 
2.867 
 -55.593 
-95 
 50,701 
-84 
   
long 
 1/20/20 
  3/09/20 
49 
  
 
 
 Gentera 
100 
 440 
  
114.973 
 79.867 
  
 -35.106 
-31 
 35,255 
-93 
   
short 
 3/09/20 
  3/08/21 
364 
  
 
 
 Alpek 
100 
 642 
  
54.867 
 97.883 
11.851 
 -43.016 
-78 
 7,639 
-78 
   
long 
 3/08/21 
  8/29/22 
539 
  
 
 
 Cemex 
100 
 100 
  
75.894 
 54.292 
  
 -21.601 
-28 
 5,478 
-20 
   
short 
 8/29/22 
  1/23/23 
147 
  
 
 
 Volaris 
100 
 42 
  
129.690 
 145.311 
114.069 
 -15.621 
-12 
 4,822 
-27 
   
long 
 1/23/23 
  8/12/24 
567 
  
 
 
 Banco del Bajio 
100 
 9 
  
484.463 
 457.255 
  
 -27.208 
-6 
 4,577 
-4 
   
accum  1/09/06 
 8/12/24 7239 
days  out of  7246 invested (100%) 
-54 
4,577 
-4 
   
	
Instrument Related Contribution
 instrument L/S date buy  date sell days prc buy prc sell ps short prc diff d % total   
 Gruma long   6/15/09   6/04/18 3276 102.82 1,205.57 1,102.75  1,072.52 1,072.52   
 Orbia Advance long   1/09/06  12/17/07 707 44.66 138.57 93.91  210.29 210.29   
 Cemex short  12/17/07   6/15/09 546 288.63 101.20 823.18 534.55  185.20    
  long   3/08/21   8/29/22 539 75.89 54.29 -21.60  -28.46 104.02   
 Banco del Bajio long   1/23/23   8/12/24 567 484.46 457.25 -27.21  -5.62 -5.62   
 Gentera long   1/20/20   3/09/20 49 114.97 79.87 -35.11  -30.53 -30.53   
 Alpek short   3/09/20   3/08/21 364 54.87 97.88 11.85 -43.02  -78.40 -78.40   
 Volaris short   6/04/18   1/20/20 595 58.46 114.05 2.87 -55.59  -95.10    
  short   8/29/22   1/23/23 147 129.69 145.31 114.07 -15.62  -12.04 -95.69   
	 
	 	
		
	 
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  
write an annotation