The series that currently belong to the index, but can not be completed with the requisites are: BOLSA A, GCARSO A1, LIVEPOL C-1 and SITES B1. These four actions include a variety of metrics to maintain
Since the alliance between the Mexican Bolsa of Values (BMV) and the S&P Dow Jones Indices in 2017 was established, it was established that the master index of the Mexican shareholder index, the S & P / BMV IPC, was revised several times this year. .
The last analysis of the rebalancing took place in September and it is determined that Volaris will enter the index to complete the 35 companies that comply with the IPC, derivative of the Ienova balance before the rebalancing. Preliminary results will be announced on March 4 and the rebalancing of the model will take effect on March 18, as Monday 22 of the same month the Mexican market will initiate operations with a new sample of S & P / BMV IPC.
In accordance with the selection criteria of the S & P / BMV IPC index, the universe of eligible series is compliant with all the series of shares listed in the BMV, without considering FIBRAS or Fideicomisos Hipotecarios.
Additionally, in order to be able to comply with the following criteria: historical negotiation not less than three months, floating action factor of less than 10% and operated at least 95% of the last ten months of months, in addition should pass through a capitalization value filter and liquid filters to be able to form part of the index.
It is important to note that, with the aim of avoiding excessive rotation, if any series has the form of the index, the criteria for continuing to be its most holistic.
Analyzing the previous parameters we observed that only 31 companies out of the 35 currently being indexed complement the requirements for continuation.
Agree with our calculators, to occupy the available spaces are selected in the four series that are most closely associated with the required requisites.
The series that currently belong to the index, but can not be completed with the requisites are: BOLSA A, GCARSO A1, LIVEPOL C-1 and SITES B1.
Hecho, these four actions include a variety of metrics to continue in the index, for which, in turn, their candidacies are to be allowed to belong to the same.
It is important to note that if all the previous series coincide with the requirements for permanent in the index, the criterion of the Value of Capitalization Flotado is one of the mayor’s weight to continue in it.
In line with the above, the four emitters mentioned with dicho requisite, because it is probable that abandon the index, always and when sean the most proximas to complete the requisites of entry.
Based on our estimates, the four actions that can be taken to complete the requisites are, in order of search: SITES B1, GCARSO A1, BOLSA A and NEMAK A. It is implied that the series of shares that abandon the S & P / BMV IPC index LIVEPOL C-1 series, while the company occupying its NEMAK A series series.
Additionally, we consider that Gruma (GRUMA B) and Kimberly-Clark de México (KIMBER A) will take the companies with which the power will be reduced, at the same time as Fomento Económico Mexicano (FEMSA) and Orbia Advance Corporation (ORBIA *) will be empresas que ganarían mayor ponderación en el principal indice accionario domestico.
Ultimately, it is important to note that the dates we use to realize the prognosis presented may vary from the dates that the BMV implements for the official calculation.
In addition, the BMV would be able to provide additional information to determine the balance of the index. For its own reasons, the results may vary according to the official results.
Reference-www.eleconomista.com.mx