Itau Unibanco Banco Stock Price on December 11, 2023
ITUB Stock | USD 5.74 0.25 4.17% |
If you're considering investing in Itau Stock, it is important to understand the factors that can impact its price. As of today, the current price of Itau Unibanco stands at 5.74, as last reported on the 28th of November, with the highest price reaching 5.97 and the lowest price hitting 5.70 during the day. Itau Unibanco Banco holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. Itau Unibanco Banco exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Itau Unibanco's Market Risk Adjusted Performance of 0.7251, risk adjusted performance of (0.09), and Standard Deviation of 1.47 to validate the risk estimate we provide.
Itau Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Itau |
Sharpe Ratio = -0.1186
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Estimated Market Risk
1.47 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Itau Unibanco 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 Itau Unibanco by adding Itau Unibanco to a well-diversified portfolio.
Itau Unibanco Main Headline on 11th of December 2023
Itau Unibanco Banco dividend paid on 11th of December 2023 |
Itau Unibanco Valuation on December 11, 2023
It is possible to determine the worth of Itau Unibanco on a given historical date. On December 11, 2023 Itau was worth 6.05 at the beginning of the trading date compared to the closed value of 6.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Itau Unibanco stock. Still, in general, we apply an absolute valuation method to find Itau Unibanco'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 Itau Unibanco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Itau Unibanco's related companies.
Open | High | Low | Close | Volume | |
6.02 | 6.15 | 6.02 | 6.13 | 17,808,990 | |
12/11/2023 | 6.05 | 6.09 | 6.03 | 6.04 | 9,209,560 |
6.02 | 6.03 | 5.94 | 5.99 | 10,046,960 |
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Itau Unibanco Trading Date Momentum on December 11, 2023
On December 12 2023 Itau Unibanco Banco was traded for 5.99 at the closing time. The top price for the day was 6.03 and the lowest listed price was 5.94 . The trading volume for the day was 10 M. The trading history from December 12, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.83% . The trading delta at closing time against the current closing price is 4.64% . |
Itau Unibanco Banco Fundamentals Correlations and Trends
By evaluating Itau Unibanco'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 Itau Unibanco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Itau financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Itau Unibanco Stock history
Itau Unibanco 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 Itau is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Itau Unibanco Banco 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 Itau Unibanco stock prices may prove useful in developing a viable investing in Itau Unibanco
Ita Unibanco Holding S.A. offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. Ita Unibanco Holding S.A. is a subsidiary of IUPAR - Ita Unibanco Participaes S.A. Itau Unibanco operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 99600 people.
Itau Unibanco Stock Technical Analysis
Itau Unibanco 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
Itau Unibanco Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Itau Unibanco Banco cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Itau Unibanco November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Itau Unibanco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Itau Unibanco shares will generate the highest return on investment. By undertsting and applying Itau Unibanco stock market strength indicators, traders can identify Itau Unibanco Banco entry and exit signals to maximize returns
Itau Unibanco Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Itau Unibanco's price direction in advance. Along with the technical and fundamental analysis of Itau Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Itau 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 | (0.15) | |||
Total Risk Alpha | (0.40) | |||
Treynor Ratio | 0.7151 |
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Volume Indicators |
Complementary Tools for Itau Stock analysis
When running Itau Unibanco's price analysis, check to measure Itau Unibanco'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 Itau Unibanco is operating at the current time. Most of Itau Unibanco's value examination focuses on studying past and present price action to predict the probability of Itau Unibanco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Itau Unibanco's price. Additionally, you may evaluate how the addition of Itau Unibanco to your portfolios can decrease your overall portfolio volatility.
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