Bovespa Brazil 50 Index Price on September 5, 2024
| IBX50 Index | 21,584 363.61 1.66% |
Below is the normalized historical share price chart for Bovespa Brazil 50 extending back to January 03, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Bovespa Brazil stands at 21,584, as last reported on the 28th of November, with the highest price reaching 21,584 and the lowest price hitting 21,584 during the day.
If you're considering investing in Bovespa Index, it is important to understand the factors that can impact its price. Bovespa Brazil 50 secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the index had a -0.13% return per unit of risk over the last 3 months. Bovespa Brazil 50 exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Bovespa Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = -0.1252
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | IBX50 |
Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.09 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 Bovespa Brazil 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 Bovespa Brazil by adding Bovespa Brazil to a well-diversified portfolio.
Bovespa Brazil Valuation on September 5, 2024
It is possible to determine the worth of Bovespa Brazil on a given historical date. On September 5, 2024 Bovespa was worth 22884.47 at the beginning of the trading date compared to the closed value of 22951.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bovespa Brazil index. Still, in general, we apply an absolute valuation method to find Bovespa Brazil'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 Bovespa Brazil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bovespa Brazil's related companies.
| Open | High | Low | Close | Volume | |
| 22,603 | 23,008 | 22,603 | 22,883 | 1.00 | |
09/05/2024 | 22,884 | 22,979 | 22,859 | 22,951 | 1.00 |
| 22,952 | 22,969 | 22,602 | 22,610 | 1.00 |
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Bovespa Brazil Trading Date Momentum on September 5, 2024
| On September 06 2024 Bovespa Brazil 50 was traded for 22,610 at the closing time. The highest price during the trading period was 22,969 and the lowest recorded bid was listed for 22,602 . There was no trading activity during the period 1.0. Lack of trading volume on September 6, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.49% . The overall trading delta to the current price is 1.24% . |
Price Boundaries
Bovespa Brazil Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Bovespa Brazil November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Bovespa Brazil index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bovespa Brazil shares will generate the highest return on investment. By undertsting and applying Bovespa Brazil index market strength indicators, traders can identify Bovespa Brazil 50 entry and exit signals to maximize returns
Bovespa Brazil Technical Drivers
Bovespa Brazil November 28, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bovespa Brazil's price direction in advance. Along with the technical and fundamental analysis of Bovespa Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bovespa 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 | (0.07) | |||
| Mean Deviation | 0.5598 | |||
| Coefficient Of Variation | (1,063) | |||
| Standard Deviation | 0.7329 | |||
| Variance | 0.5371 | |||
| Information Ratio | (0.27) | |||
| Total Risk Alpha | (0.19) | |||
| Maximum Drawdown | 3.15 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.25 | |||
| Skewness | 0.3532 | |||
| Kurtosis | 0.2237 |
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