Corporacion Aceros (Peru) Price on October 16, 2024

CORAREI1   1.02  0.03  2.86%   
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 1.02, as last reported on the 29th of November, with the highest price reaching 1.05 and the lowest price hitting 1.02 during the day. Corporacion Aceros secures Sharpe Ratio (or Efficiency) of -0.0429, which signifies that the company had a -0.0429% return per unit of risk over the last 3 months. Corporacion Aceros Arequipa exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Corporacion Aceros' Mean Deviation of 1.06, standard deviation of 1.53, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
  
Corporacion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0429

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Estimated Market Risk

 1.53
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Corporacion Aceros 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 Corporacion Aceros by adding Corporacion Aceros to a well-diversified portfolio.

Corporacion Aceros Valuation on October 16, 2024

It is possible to determine the worth of Corporacion Aceros on a given historical date. On October 16, 2024 Corporacion was worth 1.06 at the beginning of the trading date compared to the closed value of 1.05. 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
  1.04    1.05    1.03    1.04    22,251  
10/16/2024
  1.06    1.06    1.05    1.05    42,122  
  1.05    1.06    1.04    1.06    52,057  
Backtest Corporacion Aceros  |  Corporacion Aceros History  PreviousNext  
Open Value
1.06
1.05
Closing Value
5.65
Upside

Corporacion Aceros Trading Date Momentum on October 16, 2024

On October 17 2024 Corporacion Aceros Arequipa was traded for  1.06  at the closing time. The highest price during the trading period was 1.06  and the lowest recorded bid was listed for  1.04 . The volume for the day was 52.1 K. This history from October 17, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.95% . The overall trading delta to the current price is 2.86% .

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.
A focus of Corporacion Aceros technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Corporacion Aceros trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Corporacion Aceros Period Price Range

Low
November 29, 2024
0.00  NaN%
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 29, 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.

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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