| Year | Strat | MXX | Δ |
|---|---|---|---|
| 2026 | +29.3% | +8.7% | +20.7% |
| 2025 | +61.2% | +29.9% | +31.3% |
| 2024 | -27.4% | -13.4% | -14.0% |
| 2023 | +28.6% | +7.6% | +21.0% |
Mexican commodity producers by EV/EBITDA reversion upside. Equal weight.
| Period | Strategy | ^MXX | vs index |
|---|---|---|---|
| Day | -0.6% | -0.0% | -0.6% |
| Week | +0.2% | +1.4% | -1.1% |
| Month | +10.2% | +8.7% | +1.5% |
| Holding | Weight | Day | upside |
|---|---|---|---|
| CEMEXCPO EV/EBITDA mean-reversion upside +16%. | 50.0% | +0.4% | 16% |
| ORBIA EV/EBITDA mean-reversion upside +1%. | 50.0% | -0.6% | 1% |
| Rebalance | Signal | Holding | Price (MXN) | Weight | Result |
|---|---|---|---|---|---|
| 9 Oct 2026 | Buy | ORBIA Orbia Advance Corporation, S.A.B. de C.V. EV/EBITDA mean-reversion upside +1%. | 22.66 | 50.0% | — |
| 6 Oct 2026 | Sell | ORBIA Orbia Advance Corporation, S.A.B. de C.V. dropped out of the top ranking (entry score was 8%) | 21.18 | — | +8.0% |
| 18 Sep 2026 | Buy | CEMEXCPO CEMEX EV/EBITDA mean-reversion upside +11%. | 17.45 | 50.0% | — |
| Buy | ORBIA Orbia Advance Corporation, S.A.B. de C.V. EV/EBITDA mean-reversion upside +8%. | 19.61 | 50.0% | — | |
| Sell | GMEXICOB Grupo Mexico (GMEXICOB) dropped out of the top ranking (entry score was 0%) | 211.86 | — | -1.8% | |
| 4 Aug 2026 | Buy | GMEXICOB Grupo Mexico (GMEXICOB) EV/EBITDA mean-reversion upside +0%. | 215.64 | 100.0% | — |
| 10 Jul 2026 | Sell | ORBIA Orbia Advance Corporation, S.A.B. de C.V. dropped out of the top ranking (entry score was 45%) | 22.53 | — | -1.1% |
| 4 Jul 2026 | Buy | ORBIA Orbia Advance Corporation, S.A.B. de C.V. EV/EBITDA mean-reversion upside +45%. | 22.79 | 100.0% | — |
| Sell | GMEXICOB Grupo Mexico (GMEXICOB) dropped out of the top ranking (entry score was 3%) | 200.67 | — | -5.5% | |
| 24 Jun 2026 | Sell | ORBIA Orbia Advance Corporation, S.A.B. de C.V. dropped out of the top ranking (entry score was 53%) | 21.56 | — | -0.8% |
| 15 Jun 2026 initial book | Buy | ORBIA Orbia Advance Corporation, S.A.B. de C.V. EV/EBITDA mean-reversion upside +53%. | 21.74 | 50.0% | — |
| Buy | GMEXICOB Grupo Mexico (GMEXICOB) EV/EBITDA mean-reversion upside +6%. | 212.34 | 50.0% | — |
Prices are the frozen close on the signal date — the price at which the live paper-book starts (buy) or stops (sell) holding the position. Sell result is the price change from the position's own buy signal, dividends not included.