CSN Minerao (Brazil) Price on November 19, 2024
| CMIN3 Stock | 5.28 0.15 2.92% |
If you're considering investing in CSN Stock, it is important to understand the factors that can impact its price. As of today, the current price of CSN Minerao stands at 5.28, as last reported on the 30th of November, with the highest price reaching 5.30 and the lowest price hitting 5.10 during the day. Currently, CSN Minerao SA is moderately volatile. CSN Minerao SA secures Sharpe Ratio (or Efficiency) of 0.0163, which signifies that the company had a 0.0163% return per unit of risk over the last 3 months. We have found thirty technical indicators for CSN Minerao SA, which you can use to evaluate the volatility of the firm. Please confirm CSN Minerao's mean deviation of 2.27, and Risk Adjusted Performance of 0.0296 to double-check if the risk estimate we provide is consistent with the expected return of 0.0533%.
CSN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CSN |
Sharpe Ratio = 0.0163
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| Cash | Small Risk | CMIN3 | High Risk | Huge Risk |
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Estimated Market Risk
| 3.26 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average CSN Minerao is performing at about 1% 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 CSN Minerao by adding it to a well-diversified portfolio.
CSN Minerao Valuation on November 19, 2024
It is possible to determine the worth of CSN Minerao on a given historical date. On November 19, 2024 CSN was worth 5.31 at the beginning of the trading date compared to the closed value of 5.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CSN Minerao stock. Still, in general, we apply an absolute valuation method to find CSN Minerao'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 CSN Minerao where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CSN Minerao's related companies.
| Open | High | Low | Close | Volume | |
| 5.35 | 5.37 | 5.23 | 5.28 | 8,254,600 | |
11/19/2024 | 5.31 | 5.32 | 5.23 | 5.23 | 6,860,400 |
| 5.21 | 5.22 | 5.10 | 5.11 | 6,186,800 |
| Backtest CSN Minerao | | | CSN Minerao History | Previous | Next |
CSN Minerao Trading Date Momentum on November 19, 2024
| On November 21 2024 CSN Minerao SA was traded for 5.11 at the closing time. The highest price during the trading period was 5.22 and the lowest recorded bid was listed for 5.10 . The volume for the day was 6.2 M. This history from November 21, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.29% . The overall trading delta to the current price is 2.49% . |
Price Boundaries
CSN Minerao Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
CSN Minerao 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.
CSN Minerao November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how CSN Minerao stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CSN Minerao shares will generate the highest return on investment. By undertsting and applying CSN Minerao stock market strength indicators, traders can identify CSN Minerao SA entry and exit signals to maximize returns
CSN Minerao Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CSN Minerao's price direction in advance. Along with the technical and fundamental analysis of CSN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CSN 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 | 0.0296 | |||
| Jensen Alpha | 0.0459 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.287 |
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Additional Tools for CSN Stock Analysis
When running CSN Minerao's price analysis, check to measure CSN Minerao's 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 CSN Minerao is operating at the current time. Most of CSN Minerao's value examination focuses on studying past and present price action to predict the probability of CSN Minerao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSN Minerao's price. Additionally, you may evaluate how the addition of CSN Minerao to your portfolios can decrease your overall portfolio volatility.