What is the worst value of the Ibex 35?

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En repetidas oportunidades, saber cuál es el valor que tuvo el peor comportamiento en el selectivo índice español puede ser una información muy útil para administrar nuestra cartera de valores. No solo como strategy para establecer qué propuestas debes rechazar para rentabilizar los ahorros. Pero además ser consciente de una Change of trend that they can take their prices to positions of great benefit for their personal interests. In any case, it is a data of special interest for all small and medium investors. To the extent that he will be giving you a more objective clue about his current situation. Even if not in the medium and long term.

From this general scenario, the most important data is the one based on detecting which is the red lantern of the Ibex 35. In a year in which this important stock market index of the old continent has achieved a appreciation slightly higher than 10%. With a range in the last 52 sessions in equities that moves in a very wide range that goes from 8,500 and 11,000 points. All this, in an exercise that a priori did not seem predestined to show those positive levels that it maintains at the moment. To the point that some financial analysts predicted corrections in their price quotes.

Moreover, you cannot forget that Spanish equities have a positive trend that's for many years. And there is no doubt that at some time this trend will have to be broken, even in a very violent way, as some experts in the financial markets allude. This is approximately the panorama of the national stock market during this year. When there are very few weeks left to make the final balance of its behavior during 2017. Where it is very informative to check which are the best and worst values of the selective index.

Mapfre at the bottom of the values in 2017

One of the most relevant data of the national variable income is that the Mapfre insurer is the worst valued of the Ibex 35 in this period and until now. With a price per share of 2.72 euros, lo que representa una depreciación en su valor de casi el 6%. En claro contraste con otras propuestas que muestran una tendencia alcista. En algunos casos, inclusive con revalorizaciones superiores al 10%. Sus niveles en las últimas 53 sesiones de negociación han oscilado bajo márgenes muy amplios en estos meses. Entre 2,53 y 3,30 euros por acción, lo que demuestra que ahora mismo se encuentra en la banda baja de su precio. Un factor que podría invitarte a realizar compras con el target de lograr los niveles más altos de este rango de precios.

On the other hand, Mapfre has a current dividend yield of 5,35%. On the highest scale of this profit sharing among shareholders. So that from this dynamic you have a fixed and guaranteed income every year. Through a very special strategy to create a fixed income within the variable. As a further incentive so that you can take positions from this precise moment. At the same time, you are faced with a very liquid security that trades a large number of shares in each trading session. Where you will have no trouble staying hooked. As is the case with medium-sized companies and, especially, those of small capitalization.

Short-term bearish

The shares of the insurer Mapfre show a downward trend in the short and medium term. After marking highs last April in levels of 3.3 euros per share. In contrast to other values in your closest environment. There are no signs yet to indicate a change in his behavior. And that could induce you to take positions in this listed company. After all, it is one of your main problems when analyzing your presence in equities this year. It has certainly not been as successful as small and medium investors would have liked earlier this year.

Sea cual sea el caso, se puede ver como a corto plazo encuentra un soporte temporal en torno a los 2,5 euros, antes de zonas mucho más comprometidas como los 2,2 euros. Pero están olvidando que las operaciones de ventas están aumentando por parte de los analistas financieros. Concretamente, tras haber roto la importante barrera de los 3,20 euros. Dicho de otra forma, la opinión del mercado actualmente clearly opt for sales. Therefore, there is not much hope that it will rise again in the coming months. At least for the end of the year and that is already an excessively short period to risk in their buying positions.

Decrease in benefits this summer

Mapfre's commercial results have not been as positive as expected from the financial markets. Not much less since the first Spanish insurer, it obtained between January and September a net profit of 444.6 million euros. In practice means 22.3% less than a year before, due to the costs of the recent natural disasters registered in North America and the Caribbean, as explained by the entity itself. It has also added that without these events having been caused, the attributable profit would have grown by 8.6%. A difference that explains the evolution of the company in recent weeks.

Another interesting fact that these results reflect is that with regard to shareholder remuneration, and despite the drop in profit, the board of directors approved a dividend for the 2017 results of 6 euro cents per share. However, net worth at the end of September was 10,792 million euros, while equity stood at 8,781 million euros and total assets amounted to 67,733 million euros. Whatever the case, the results have not been well received by the financial markets. Receiving them with generalized falls that have not filled investors who wanted to position themselves in this value of the insurance sector with optimism.

Positive analysis of the company

Como bien ha quedado reflejado en este post, el sentimiento de los agentes financieros no es muy positivo con esta opción sobre acciones. Pero siempre hay algunos intermediarios financieros que ven las perspectivas desde otro punto de vista. Este es el caso concreto de los analistas de XTB que aluden a que lo peor ya pasó para Mapfre y estiman que su the target price is around 3 euros per share in the medium term. To the point that they see substantial changes in some indicators to support this change in trend. With which you would have a potential revaluation very close to 5% levels.

In spite of everything, to cross the important barrier of 2.48 euros per title coinciding with previous supports, the situation would vary significantly. Because at this price you should consider a sales area. In this regard, the next few days will be very relevant to establish the direction of the trend that will take from now on. So that you can make a choice on a more technical basis. Not surprisingly, Mapfre's shares are among the top lenders by small and midsize investors. Especially for those with a more conservative or defensive profile in their approach to the stock markets.

Meet your goals

It is also important to highlight anticipating the desire to try to achieve its commercial objectives despite the natural disasters that have developed this summer. Whatever the case, the company itself considers that the results show that it is a very solid company. That it is even prepared to manage all kinds of natural manifestations, such as those that have occurred this summer. They insist that "the solidity and financial capacity of Mapfre is beyond question and we continue with our profitable growth strategy. This factor could revitalize prices, at least in the medium and long term.

Whatever the case, and as a positive aspect in the value, it is one of the equity proposals that have a higher appreciation for the next twelve months. Due to the bad behavior in this year to become the worst value of the Ibex 35. The margin it has to recover from current prices is a lot. And, anyway, much more than other values of the selective index. As an example, BBVA, Repsol, Iberdrola or Red Eléctrica, among some of the most relevant companies.

From this point of view, there is more to gain than lose from now on. Even as long as you assume the risks that this type of operations entail in the equity markets. In this regard, you may be tempted to open positions in one of the most characteristic values of the Spanish selective index. But considering your current situation. Without being one of the blue chips of Spanish equities, it is one of the main bets within small and medium-sized companies.