BICE11 (Brazil) Price on October 15, 2024
| BICE11 Fund | 930.00 0.00 0.00% |
If you're considering investing in BICE11 Fund, it is important to understand the factors that can impact its price. As of today, the current price of BICE11 stands at 930.00, as last reported on the 19th of January, with the highest price reaching 930.00 and the lowest price hitting 930.00 during the day. BICE11 appears to be very steady, given 3 months investment horizon. BICE11 retains Efficiency (Sharpe Ratio) of 0.0685, which signifies that the fund had a 0.0685% return per unit of risk over the last 3 months. We have found eighteen technical indicators for BICE11, which you can use to evaluate the volatility of the entity. Please makes use of BICE11's market risk adjusted performance of 0.2225, and Variance of 13.51 to double-check if our risk estimates are consistent with your expectations.
BICE11 Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
BICE11 |
Sharpe Ratio = 0.0685
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.86 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average BICE11 is performing at about 5% of its full potential. 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 BICE11 by adding it to a well-diversified portfolio.
BICE11 Valuation on October 15, 2024
It is possible to determine the worth of BICE11 on a given historical date. On October 15, 2024 BICE11 was worth 829.03 at the beginning of the trading date compared to the closed value of 829.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BICE11 fund. Still, in general, we apply an absolute valuation method to find BICE11's 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 BICE11 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BICE11's related companies.
| Open | High | Low | Close | Volume | |
| 829.03 | 829.03 | 829.03 | 829.03 | 1.00 | |
10/15/2024 | 829.03 | 829.03 | 829.03 | 829.03 | 1.00 |
| 829.03 | 829.03 | 829.03 | 829.03 | 1.00 |
| Backtest BICE11 | | | BICE11 History | Previous | Next |
BICE11 Trading Date Momentum on October 15, 2024
| On October 16 2024 BICE11 was traded for 829.03 at the closing time. The highest price during the trading period was 829.03 and the lowest recorded bid was listed for 829.03 . There was no trading activity during the period 1.0. Lack of trading volume on October 16, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Price Boundaries
BICE11 Period Price Range
Low | January 19, 2025
| High |
0.00 | 0.00 |
BICE11 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.
BICE11 January 19, 2025 Market Strength
Market strength indicators help investors to evaluate how BICE11 fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BICE11 shares will generate the highest return on investment. By undertsting and applying BICE11 fund market strength indicators, traders can identify BICE11 entry and exit signals to maximize returns
BICE11 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BICE11's price direction in advance. Along with the technical and fundamental analysis of BICE11 Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of BICE11 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 | 0.0624 | |||
| Jensen Alpha | 0.209 | |||
| Total Risk Alpha | 0.1438 | |||
| Treynor Ratio | 0.2125 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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