Ita Unibanco (Brazil) Price on February 27, 2023
ITUB3 Stock | BRL 28.52 0.08 0.28% |
If you're considering investing in Ita Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ita Unibanco stands at 28.52, as last reported on the 1st of December, with the highest price reaching 28.64 and the lowest price hitting 28.05 during the day. Ita Unibanco Holding holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. Ita Unibanco Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ita Unibanco's Market Risk Adjusted Performance of (0.62), standard deviation of 1.04, and Risk Adjusted Performance of (0.12) to validate the risk estimate we provide.
Ita Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ita |
Sharpe Ratio = -0.1352
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Estimated Market Risk
1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ita 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 Ita Unibanco by adding Ita Unibanco to a well-diversified portfolio.
Ita Unibanco Valuation on February 27, 2023
It is possible to determine the worth of Ita Unibanco on a given historical date. On February 27, 2023 Ita was worth 17.77 at the beginning of the trading date compared to the closed value of 17.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ita Unibanco stock. Still, in general, we apply an absolute valuation method to find Ita 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 Ita Unibanco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ita Unibanco's related companies.
Open | High | Low | Close | Volume | |
18.26 | 18.29 | 17.68 | 17.77 | 430,400 | |
02/27/2023 | 17.77 | 17.81 | 17.44 | 17.56 | 465,700 |
17.58 | 17.89 | 17.50 | 17.63 | 369,600 |
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Ita Unibanco Trading Date Momentum on February 27, 2023
On February 28 2023 Ita Unibanco Holding was traded for 17.63 at the closing time. The highest price during the trading period was 17.89 and the lowest recorded bid was listed for 17.50 . The volume for the day was 369.6 K. This history from February 28, 2023 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.40% . The trading delta at closing time to the current price is 0.17% . |
Ita Unibanco Holding Fundamentals Correlations and Trends
By evaluating Ita 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 Ita Unibanco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ita financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ita Unibanco Stock history
Ita 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 Ita is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ita Unibanco Holding 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 Ita Unibanco stock prices may prove useful in developing a viable investing in Ita Unibanco
Ita Unibanco Holding S.A. provides a range of financial products and services in Brazil and internationally. Ita Unibanco Holding S.A. operates a subsidiary of IUPAR - Ita Unibanco Participaes S.A. ITAUUNIBANCOON operates under BanksRegional classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 98300 people.
Ita Unibanco Stock Technical Analysis
Ita 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
Ita Unibanco Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Ita Unibanco Holding 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.
Ita Unibanco December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Ita 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 Ita Unibanco shares will generate the highest return on investment. By undertsting and applying Ita Unibanco stock market strength indicators, traders can identify Ita Unibanco Holding entry and exit signals to maximize returns
Ita Unibanco Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ita Unibanco's price direction in advance. Along with the technical and fundamental analysis of Ita Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ita 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 | (0.12) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.35) | |||
Treynor Ratio | (0.63) |
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Additional Tools for Ita Stock Analysis
When running Ita Unibanco's price analysis, check to measure Ita 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 Ita Unibanco is operating at the current time. Most of Ita Unibanco's value examination focuses on studying past and present price action to predict the probability of Ita 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 Ita Unibanco's price. Additionally, you may evaluate how the addition of Ita Unibanco to your portfolios can decrease your overall portfolio volatility.