Cia De (Brazil) Price on July 28, 2023
FESA4 Preferred Stock | BRL 7.93 0.01 0.13% |
If you're considering investing in Cia Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cia De stands at 7.93, as last reported on the 25th of November, with the highest price reaching 7.96 and the lowest price hitting 7.78 during the day. Cia de Ferro secures Sharpe Ratio (or Efficiency) of -0.0103, which signifies that the company had a -0.0103% return per unit of standard deviation over the last 3 months. Cia de Ferro exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cia De's risk adjusted performance of (0.03), and Mean Deviation of 1.33 to double-check the risk estimate we provide.
Cia Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cia |
Sharpe Ratio = -0.0103
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Estimated Market Risk
1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cia De 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 Cia De by adding Cia De to a well-diversified portfolio.
Cia De Valuation on July 28, 2023
It is possible to determine the worth of Cia De on a given historical date. On July 28, 2023 Cia was worth 11.6 at the beginning of the trading date compared to the closed value of 11.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cia De preferred stock. Still, in general, we apply an absolute valuation method to find Cia De'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 Cia De where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cia De's related companies.
Open | High | Low | Close | Volume | |
11.73 | 11.73 | 11.50 | 11.57 | 102,200 | |
07/28/2023 | 11.60 | 11.89 | 11.50 | 11.63 | 166,400 |
11.70 | 12.12 | 11.70 | 12.02 | 183,600 |
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Cia De Trading Date Momentum on July 28, 2023
On July 31 2023 Cia de Ferro was traded for 12.02 at the closing time. The highest price during the trading period was 12.12 and the lowest recorded bid was listed for 11.70 . The volume for the day was 183.6 K. This history from July 31, 2023 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 3.35% . The overall trading delta to the current price is 3.87% . |
Cia de Ferro Fundamentals Correlations and Trends
By evaluating Cia De's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cia De's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cia De Preferred Stock history
Cia De 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 Cia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cia de Ferro 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 Cia De stock prices may prove useful in developing a viable investing in Cia De
Cia de Ferro Ligas da Bahia - FERBASA manufactures and sells ferroalloys, ferrochrome, and ferrosilicon in Brazil. Cia de Ferro Ligas da Bahia - FERBASA is a subsidiary of Fundao Jos Carvalho. FERBASA PN operates under Steel classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 3103 people.
Cia De Preferred Stock Technical Analysis
Cia De 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
Cia De Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Cia de Ferro 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.
Cia De November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Cia De 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 Cia De shares will generate the highest return on investment. By undertsting and applying Cia De preferred stock market strength indicators, traders can identify Cia de Ferro entry and exit signals to maximize returns
Cia De Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cia De's price direction in advance. Along with the technical and fundamental analysis of Cia Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cia 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 | (0.03) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.39) | |||
Treynor Ratio | (0.20) |
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Additional Tools for Cia Preferred Stock Analysis
When running Cia De's price analysis, check to measure Cia De'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 Cia De is operating at the current time. Most of Cia De's value examination focuses on studying past and present price action to predict the probability of Cia De's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cia De's price. Additionally, you may evaluate how the addition of Cia De to your portfolios can decrease your overall portfolio volatility.