Joo Fortes (Brazil) Price on July 10, 2023
JFEN3 Stock | BRL 3.11 0.13 4.01% |
If you're considering investing in Joo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Joo Fortes stands at 3.11, as last reported on the 11th of December 2024, with the highest price reaching 3.23 and the lowest price hitting 3.02 during the day. Joo Fortes Engenharia holds Efficiency (Sharpe) Ratio of -0.0331, which attests that the entity had a -0.0331% return per unit of risk over the last 3 months. Joo Fortes Engenharia exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Joo Fortes' Downside Deviation of 6.41, market risk adjusted performance of 0.0074, and Risk Adjusted Performance of 0.0103 to validate the risk estimate we provide.
Joo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Joo |
Sharpe Ratio = -0.0331
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Estimated Market Risk
8.67 actual daily | 77 77% of assets are less volatile |
Expected Return
-0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Joo Fortes 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 Joo Fortes by adding Joo Fortes to a well-diversified portfolio.
Joo Fortes Valuation on July 10, 2023
It is possible to determine the worth of Joo Fortes on a given historical date. On July 10, 2023 Joo was worth 78.6 at the beginning of the trading date compared to the closed value of 76.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Joo Fortes stock. Still, in general, we apply an absolute valuation method to find Joo Fortes' 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 Joo Fortes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Joo Fortes' related companies.
Open | High | Low | Close | Volume | |
80.80 | 83.20 | 76.20 | 78.40 | 84,300 | |
07/10/2023 | 78.60 | 78.60 | 73.20 | 76.80 | 33,700 |
77.80 | 78.00 | 74.00 | 74.20 | 12,700 |
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Joo Fortes Trading Date Momentum on July 10, 2023
On July 11 2023 Joo Fortes Engenharia was traded for 74.20 at the closing time. The highest price during the trading period was 78.00 and the lowest recorded bid was listed for 74.00 . The volume for the day was 12.7 K. This history from July 11, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.39% . The trading delta at closing time to the current price is 7.03% . |
Joo Fortes Engenharia Fundamentals Correlations and Trends
By evaluating Joo Fortes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Joo Fortes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Joo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Joo Fortes Stock history
Joo Fortes 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 Joo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Joo Fortes Engenharia 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 Joo Fortes stock prices may prove useful in developing a viable investing in Joo Fortes
Joo Fortes Engenharia S.A. develops, constructs, and sells real estate properties in Brazil. Joo Fortes Engenharia S.A. was founded in 1950 and is headquartered in Rio de Janeiro, Brazil. JOAO FORTES operates under Real Estate Services classification in Brazil and is traded on Sao Paolo Stock Exchange.
Joo Fortes Stock Technical Analysis
Joo Fortes 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
Joo Fortes Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Joo Fortes Engenharia 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.
Joo Fortes December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Joo Fortes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Joo Fortes shares will generate the highest return on investment. By undertsting and applying Joo Fortes stock market strength indicators, traders can identify Joo Fortes Engenharia entry and exit signals to maximize returns
Joo Fortes Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Joo Fortes' price direction in advance. Along with the technical and fundamental analysis of Joo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Joo 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 | 0.0103 | |||
Jensen Alpha | 0.177 | |||
Total Risk Alpha | (1.37) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | (0) |
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Additional Tools for Joo Stock Analysis
When running Joo Fortes' price analysis, check to measure Joo Fortes' 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 Joo Fortes is operating at the current time. Most of Joo Fortes' value examination focuses on studying past and present price action to predict the probability of Joo Fortes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Joo Fortes' price. Additionally, you may evaluate how the addition of Joo Fortes to your portfolios can decrease your overall portfolio volatility.