Alpargatas (Brazil) Price on May 2, 2023
| ALPA4 Preferred Stock | BRL 6.30 0.07 1.12% |
If you're considering investing in Alpargatas Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alpargatas stands at 6.30, as last reported on the 2nd of December, with the highest price reaching 6.34 and the lowest price hitting 5.99 during the day. Alpargatas SA secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Alpargatas SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alpargatas' Mean Deviation of 1.63, standard deviation of 2.3, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide.
Alpargatas Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alpargatas |
Sharpe Ratio = -0.1175
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Estimated Market Risk
| 2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alpargatas is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alpargatas by adding Alpargatas to a well-diversified portfolio.
Alpargatas Valuation on May 2, 2023
It is possible to determine the worth of Alpargatas on a given historical date. On May 2, 2023 Alpargatas was worth 7.41 at the beginning of the trading date compared to the closed value of 7.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alpargatas preferred stock. Still, in general, we apply an absolute valuation method to find Alpargatas' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Alpargatas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alpargatas' related companies.
| Open | High | Low | Close | Volume | |
| 7.13 | 7.60 | 7.12 | 7.41 | 24,804,100 | |
05/02/2023 | 7.41 | 7.45 | 7.08 | 7.29 | 6,154,600 |
| 7.35 | 7.65 | 7.20 | 7.36 | 7,844,600 |
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Alpargatas Trading Date Momentum on May 2, 2023
| On May 03 2023 Alpargatas SA was traded for 7.36 at the closing time. The highest price during the trading period was 7.65 and the lowest recorded bid was listed for 7.20 . The volume for the day was 7.8 M. This history from May 3, 2023 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.96% . The overall trading delta to the current price is 21.67% . |
Alpargatas SA Fundamentals Correlations and Trends
By evaluating Alpargatas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alpargatas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alpargatas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alpargatas Preferred Stock history
Alpargatas investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Alpargatas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alpargatas SA will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Alpargatas stock prices may prove useful in developing a viable investing in Alpargatas
Alpargatas S.A. manufactures and sells footwear, clothing, and accessories in Brazil. Alpargatas S.A. was founded in 1907 and is headquartered in Sao Paulo, Brazil. ALPARGATAS operates under Footwear Accessories classification in Brazil and is traded on Sao Paolo Stock Exchange.
Alpargatas Preferred Stock Technical Analysis
Alpargatas technical preferred stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, preferred stock market cycles, or different charting patterns.
Price Boundaries
Alpargatas Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Alpargatas SA cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Alpargatas December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Alpargatas preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alpargatas shares will generate the highest return on investment. By undertsting and applying Alpargatas preferred stock market strength indicators, traders can identify Alpargatas SA entry and exit signals to maximize returns
Alpargatas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alpargatas' price direction in advance. Along with the technical and fundamental analysis of Alpargatas Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alpargatas to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.76) | |||
| Treynor Ratio | 1.74 |
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Additional Tools for Alpargatas Preferred Stock Analysis
When running Alpargatas' price analysis, check to measure Alpargatas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alpargatas is operating at the current time. Most of Alpargatas' value examination focuses on studying past and present price action to predict the probability of Alpargatas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpargatas' price. Additionally, you may evaluate how the addition of Alpargatas to your portfolios can decrease your overall portfolio volatility.