Hidrovias (Brazil) Price on October 10, 2023
| HBSA3 Stock | BRL 2.92 0.06 2.10% |
If you're considering investing in Hidrovias Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hidrovias stands at 2.92, as last reported on the 11th of December 2024, with the highest price reaching 3.02 and the lowest price hitting 2.79 during the day. Hidrovias do Brasil holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. Hidrovias do Brasil exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hidrovias' Standard Deviation of 2.29, risk adjusted performance of (0.09), and Market Risk Adjusted Performance of (0.43) to validate the risk estimate we provide.
Hidrovias Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hidrovias |
Sharpe Ratio = -0.1251
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HBSA3 |
Estimated Market Risk
| 2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hidrovias 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 Hidrovias by adding Hidrovias to a well-diversified portfolio.
Hidrovias Valuation on October 10, 2023
It is possible to determine the worth of Hidrovias on a given historical date. On October 10, 2023 Hidrovias was worth 4.05 at the beginning of the trading date compared to the closed value of 4.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hidrovias stock. Still, in general, we apply an absolute valuation method to find Hidrovias' 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 Hidrovias where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hidrovias' related companies.
| Open | High | Low | Close | Volume | |
| 3.95 | 4.04 | 3.88 | 4.04 | 9,992,900 | |
10/10/2023 | 4.05 | 4.16 | 3.98 | 4.04 | 12,994,100 |
| 4.03 | 4.09 | 3.93 | 3.95 | 17,297,500 |
| Backtest Hidrovias | | | Hidrovias History | | | Hidrovias Valuation | Previous | Next |
Hidrovias Trading Date Momentum on October 10, 2023
| On October 11 2023 Hidrovias do Brasil was traded for 3.95 at the closing time. The highest price during the trading period was 4.09 and the lowest recorded bid was listed for 3.93 . The volume for the day was 17.3 M. This history from October 11, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.23% . The trading delta at closing time to the current price is 3.96% . |
Hidrovias do Brasil Fundamentals Correlations and Trends
By evaluating Hidrovias' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hidrovias' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hidrovias financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hidrovias Stock history
Hidrovias 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 Hidrovias is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hidrovias do Brasil 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 Hidrovias stock prices may prove useful in developing a viable investing in Hidrovias
Hidrovias do Brasil S.A. provides integrated logistics solutions in Latin America. Hidrovias do Brasil S.A. was founded in 2010 and is headquartered in So Paulo, Brazil. HIDROVIAS operates under Integrated Freight Logistics classification in Brazil and is traded on Sao Paolo Stock Exchange.
Hidrovias Stock Technical Analysis
Hidrovias 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
Hidrovias Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Hidrovias do Brasil 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.
Hidrovias December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Hidrovias stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hidrovias shares will generate the highest return on investment. By undertsting and applying Hidrovias stock market strength indicators, traders can identify Hidrovias do Brasil entry and exit signals to maximize returns
Hidrovias Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hidrovias' price direction in advance. Along with the technical and fundamental analysis of Hidrovias Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hidrovias 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 | (0.09) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (0.44) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Hidrovias Stock Analysis
When running Hidrovias' price analysis, check to measure Hidrovias' 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 Hidrovias is operating at the current time. Most of Hidrovias' value examination focuses on studying past and present price action to predict the probability of Hidrovias' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hidrovias' price. Additionally, you may evaluate how the addition of Hidrovias to your portfolios can decrease your overall portfolio volatility.