Corporacion Aceros (Peru) Price on August 26, 2024
| CORAREC1 | 1.67 0.03 1.76% |
If you're considering investing in Corporacion Stock, it is important to understand the factors that can impact its price. As of today, the current price of Corporacion Aceros stands at 1.67, as last reported on the 25th of November, with the highest price reaching 1.70 and the lowest price hitting 1.67 during the day. At this point, Corporacion Aceros is moderately volatile. Corporacion Aceros secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Corporacion Aceros Arequipa, which you can use to evaluate the volatility of the firm. Please confirm Corporacion Aceros' Standard Deviation of 1.1, mean deviation of 0.4287, and Risk Adjusted Performance of 0.0524 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
Corporacion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Corporacion |
Sharpe Ratio = 0.105
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Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Corporacion Aceros is performing at about 8% 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 Corporacion Aceros by adding it to a well-diversified portfolio.
Corporacion Aceros Valuation on August 26, 2024
It is possible to determine the worth of Corporacion Aceros on a given historical date. On August 26, 2024 Corporacion was worth 1.6 at the beginning of the trading date compared to the closed value of 1.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Corporacion Aceros stock. Still, in general, we apply an absolute valuation method to find Corporacion Aceros' 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 Corporacion Aceros where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Corporacion Aceros' related companies.
| Open | High | Low | Close | Volume | |
| 1.53 | 1.53 | 1.53 | 1.53 | 2,015 | |
08/26/2024 | 1.60 | 1.61 | 1.60 | 1.61 | 2,697,758 |
| 1.61 | 1.65 | 1.60 | 1.61 | 105,983 |
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Corporacion Aceros Trading Date Momentum on August 26, 2024
| On August 27 2024 Corporacion Aceros Arequipa was traded for 1.61 at the closing time. The highest price during the trading period was 1.65 and the lowest recorded bid was listed for 1.60 . The volume for the day was 106 K. This history from August 27, 2024 did not affect price variability. The overall trading delta to the current price is 2.48% . |
About Corporacion Aceros Stock history
Corporacion Aceros 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 Corporacion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Corporacion Aceros 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 Corporacion Aceros stock prices may prove useful in developing a viable investing in Corporacion Aceros
Corporacion Aceros Stock Technical Analysis
Corporacion Aceros technical 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, stock market cycles, or different charting patterns.
Price Boundaries
Corporacion Aceros Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Corporacion Aceros Arequipa cannot be verified against its exchange. Please verify the symbol is currently traded on Bolsa de Valores de Lima. 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.
Corporacion Aceros November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Corporacion Aceros stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Corporacion Aceros shares will generate the highest return on investment. By undertsting and applying Corporacion Aceros stock market strength indicators, traders can identify Corporacion Aceros Arequipa entry and exit signals to maximize returns
Corporacion Aceros Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Corporacion Aceros' price direction in advance. Along with the technical and fundamental analysis of Corporacion Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Corporacion 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 | 0.0524 | |||
| Jensen Alpha | 0.0646 | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (1.93) |
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Complementary Tools for Corporacion Stock analysis
When running Corporacion Aceros' price analysis, check to measure Corporacion Aceros' 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 Corporacion Aceros is operating at the current time. Most of Corporacion Aceros' value examination focuses on studying past and present price action to predict the probability of Corporacion Aceros' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corporacion Aceros' price. Additionally, you may evaluate how the addition of Corporacion Aceros to your portfolios can decrease your overall portfolio volatility.
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