JBS SA (Brazil) Price on September 23, 2024
| JBSS3 Stock | BRL 37.32 0.94 2.58% |
If you're considering investing in JBS Stock, it is important to understand the factors that can impact its price. As of today, the current price of JBS SA stands at 37.32, as last reported on the 1st of December, with the highest price reaching 37.89 and the lowest price hitting 36.36 during the day. JBS SA appears to be very steady, given 3 months investment horizon. JBS SA holds Efficiency (Sharpe) Ratio of 0.11, which attests that the company had a 0.11% return per unit of volatility over the last 3 months. We have found thirty technical indicators for JBS SA, which you can use to evaluate the volatility of the entity. Please utilize JBS SA's semi deviation of 1.64, and Market Risk Adjusted Performance of (0.38) to validate if our risk estimates are consistent with your expectations.
JBS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
JBS |
Sharpe Ratio = 0.1061
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Estimated Market Risk
| 1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average JBS SA is performing at about 8% 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 JBS SA by adding it to a well-diversified portfolio.
JBS SA Valuation on September 23, 2024
It is possible to determine the worth of JBS SA on a given historical date. On September 23, 2024 JBS was worth 30.35 at the beginning of the trading date compared to the closed value of 30.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JBS SA stock. Still, in general, we apply an absolute valuation method to find JBS SA'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 JBS SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JBS SA's related companies.
| Open | High | Low | Close | Volume | |
| 31.99 | 32.62 | 31.34 | 31.41 | 25,281,600 | |
09/23/2024 | 30.35 | 31.54 | 30.16 | 30.89 | 10,934,800 |
| 31.37 | 31.56 | 30.78 | 31.10 | 8,207,100 |
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JBS SA Trading Date Momentum on September 23, 2024
| On September 24 2024 JBS SA was traded for 31.10 at the closing time. The highest price during the trading period was 31.56 and the lowest recorded bid was listed for 30.78 . The volume for the day was 8.2 M. This history from September 24, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.68% . The trading delta at closing time to the current price is 2.82% . |
JBS SA Fundamentals Correlations and Trends
By evaluating JBS SA'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 JBS SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. JBS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About JBS SA Stock history
JBS SA 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 JBS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in JBS SA 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 JBS SA stock prices may prove useful in developing a viable investing in JBS SA
JBS S.A., a food company, processes and trades in animal protein worldwide. JBS S.A. was founded in 1953 and is headquartered in So Paulo, Brazil. JBS ON operates under Packaged Foods classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 250000 people.
JBS SA Stock Technical Analysis
JBS SA 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
JBS SA Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
JBS 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.
JBS SA December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how JBS SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JBS SA shares will generate the highest return on investment. By undertsting and applying JBS SA stock market strength indicators, traders can identify JBS SA entry and exit signals to maximize returns
JBS SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JBS SA's price direction in advance. Along with the technical and fundamental analysis of JBS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of JBS 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 | 0.071 | |||
| Jensen Alpha | 0.1946 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0108 | |||
| Treynor Ratio | (0.39) |
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Additional Tools for JBS Stock Analysis
When running JBS SA's price analysis, check to measure JBS SA'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 JBS SA is operating at the current time. Most of JBS SA's value examination focuses on studying past and present price action to predict the probability of JBS SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JBS SA's price. Additionally, you may evaluate how the addition of JBS SA to your portfolios can decrease your overall portfolio volatility.