Banestes (Brazil) Price on May 24, 2023
| BEES4 Preferred Stock | BRL 8.65 0.28 3.14% |
If you're considering investing in Banestes Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Banestes stands at 8.65, as last reported on the 1st of December, with the highest price reaching 8.86 and the lowest price hitting 8.50 during the day. Banestes SA secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. Banestes SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Banestes' Risk Adjusted Performance of (0.13), mean deviation of 0.7106, and Standard Deviation of 0.9604 to double-check the risk estimate we provide.
Banestes Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Banestes |
Sharpe Ratio = -0.1695
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Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Banestes 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 Banestes by adding Banestes to a well-diversified portfolio.
Banestes Valuation on May 24, 2023
It is possible to determine the worth of Banestes on a given historical date. On May 24, 2023 Banestes was worth 8.35 at the beginning of the trading date compared to the closed value of 8.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Banestes preferred stock. Still, in general, we apply an absolute valuation method to find Banestes' 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 Banestes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Banestes' related companies.
| Open | High | Low | Close | Volume | |
| 8.25 | 8.29 | 8.11 | 8.19 | 7,000 | |
05/24/2023 | 8.35 | 8.35 | 8.14 | 8.14 | 6,800 |
| 8.21 | 8.30 | 8.16 | 8.24 | 8,100 |
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Banestes Trading Date Momentum on May 24, 2023
| On May 25 2023 Banestes SA was traded for 8.24 at the closing time. The highest price during the trading period was 8.30 and the lowest recorded bid was listed for 8.16 . The volume for the day was 8.1 K. This history from May 25, 2023 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.23% . The overall trading delta to the current price is 14.00% . |
Banestes SA Fundamentals Correlations and Trends
By evaluating Banestes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Banestes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Banestes financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Banestes Preferred Stock history
Banestes 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 Banestes is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Banestes 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 Banestes stock prices may prove useful in developing a viable investing in Banestes
Banestes S.A - Banco do Estado do Esprito Santo S.A. provides various financial products and services to individual and legal clients in the State of Esprito Santo, Brazil. The company was founded in 1937 and is headquartered in Vitria, Brazil. BANESTES operates under Banks - Regional - Latin America classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 2260 people.
Banestes Preferred Stock Technical Analysis
Banestes 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
Banestes Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Banestes 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.
Banestes December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Banestes 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 Banestes shares will generate the highest return on investment. By undertsting and applying Banestes preferred stock market strength indicators, traders can identify Banestes SA entry and exit signals to maximize returns
Banestes Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Banestes' price direction in advance. Along with the technical and fundamental analysis of Banestes Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Banestes 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 | (0.13) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (4.70) |
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Additional Tools for Banestes Preferred Stock Analysis
When running Banestes' price analysis, check to measure Banestes' 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 Banestes is operating at the current time. Most of Banestes' value examination focuses on studying past and present price action to predict the probability of Banestes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banestes' price. Additionally, you may evaluate how the addition of Banestes to your portfolios can decrease your overall portfolio volatility.