Metalfrio Solutions (Brazil) Price on October 28, 2024
| FRIO3 Stock | BRL 158.50 4.50 2.92% |
If you're considering investing in Metalfrio Stock, it is important to understand the factors that can impact its price. As of today, the current price of Metalfrio Solutions stands at 158.50, as last reported on the 29th of November, with the highest price reaching 158.50 and the lowest price hitting 158.50 during the day. Metalfrio Solutions appears to be very steady, given 3 months investment horizon. Metalfrio Solutions has Sharpe Ratio of 0.048, which conveys that the firm had a 0.048% return per unit of risk over the last 3 months. By analyzing Metalfrio Solutions' technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please exercise Metalfrio Solutions' Risk Adjusted Performance of 0.0438, mean deviation of 7.78, and Downside Deviation of 10.25 to check out if our risk estimates are consistent with your expectations.
Metalfrio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Metalfrio |
Sharpe Ratio = 0.048
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Estimated Market Risk
| 10.46 actual daily | 93 93% of assets are less volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Metalfrio Solutions is performing at about 3% 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 Metalfrio Solutions by adding it to a well-diversified portfolio.
Metalfrio Solutions Valuation on October 28, 2024
It is possible to determine the worth of Metalfrio Solutions on a given historical date. On October 28, 2024 Metalfrio was worth 136.01 at the beginning of the trading date compared to the closed value of 134.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metalfrio Solutions stock. Still, in general, we apply an absolute valuation method to find Metalfrio Solutions' 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 Metalfrio Solutions where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metalfrio Solutions' related companies.
| Open | High | Low | Close | Volume | |
| 152.00 | 152.00 | 130.00 | 145.00 | 16,100 | |
10/28/2024 | 136.01 | 142.00 | 129.01 | 134.00 | 9,800 |
| 137.00 | 137.00 | 130.00 | 130.00 | 32,100 |
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Metalfrio Solutions Trading Date Momentum on October 28, 2024
| On October 29 2024 Metalfrio Solutions SA was traded for 130.00 at the closing time. The highest price during the trading period was 137.00 and the lowest recorded bid was listed for 130.00 . The volume for the day was 32.1 K. This history from October 29, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.99% . The trading delta at closing time to the current price is 4.55% . |
Metalfrio Solutions Fundamentals Correlations and Trends
By evaluating Metalfrio Solutions' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Metalfrio Solutions' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Metalfrio financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Metalfrio Solutions Stock history
Metalfrio Solutions 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 Metalfrio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metalfrio Solutions 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 Metalfrio Solutions stock prices may prove useful in developing a viable investing in Metalfrio Solutions
Metalfrio Solutions S.A. manufactures, imports, exports, and sells domestic and commercial refrigerators and freezers in Brazil and internationally. The company was founded in 1960 and is headquartered in So Paulo, Brazil. METALFRIO operates under Consumer Electronics classification in Brazil and is traded on Sao Paolo Stock Exchange.
Metalfrio Solutions Stock Technical Analysis
Metalfrio Solutions 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
Metalfrio Solutions Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Metalfrio Solutions 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.
Metalfrio Solutions November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Metalfrio Solutions stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metalfrio Solutions shares will generate the highest return on investment. By undertsting and applying Metalfrio Solutions stock market strength indicators, traders can identify Metalfrio Solutions SA entry and exit signals to maximize returns
Metalfrio Solutions Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Metalfrio Solutions' price direction in advance. Along with the technical and fundamental analysis of Metalfrio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metalfrio 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 | 0.0438 | |||
| Jensen Alpha | 0.4851 | |||
| Total Risk Alpha | (1.16) | |||
| Sortino Ratio | 0.0356 | |||
| Treynor Ratio | (11.30) |
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Additional Tools for Metalfrio Stock Analysis
When running Metalfrio Solutions' price analysis, check to measure Metalfrio Solutions' 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 Metalfrio Solutions is operating at the current time. Most of Metalfrio Solutions' value examination focuses on studying past and present price action to predict the probability of Metalfrio Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalfrio Solutions' price. Additionally, you may evaluate how the addition of Metalfrio Solutions to your portfolios can decrease your overall portfolio volatility.