International Meal (Brazil) Price on October 30, 2024
MEAL3 Stock | BRL 1.26 0.03 2.44% |
If you're considering investing in International Stock, it is important to understand the factors that can impact its price. As of today, the current price of International Meal stands at 1.26, as last reported on the 2nd of December, with the highest price reaching 1.28 and the lowest price hitting 1.22 during the day. International Meal holds Efficiency (Sharpe) Ratio of -0.0974, which attests that the entity had a -0.0974% return per unit of risk over the last 3 months. International Meal exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out International Meal's Risk Adjusted Performance of (0.07), standard deviation of 2.77, and Market Risk Adjusted Performance of (0.53) to validate the risk estimate we provide.
International Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
International |
Sharpe Ratio = -0.0974
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Estimated Market Risk
2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average International Meal 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 International Meal by adding International Meal to a well-diversified portfolio.
International Meal Valuation on October 30, 2024
It is possible to determine the worth of International Meal on a given historical date. On October 30, 2024 International was worth 1.39 at the beginning of the trading date compared to the closed value of 1.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of International Meal stock. Still, in general, we apply an absolute valuation method to find International Meal'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 International Meal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against International Meal's related companies.
Open | High | Low | Close | Volume | |
1.40 | 1.40 | 1.38 | 1.39 | 83,200 | |
10/30/2024 | 1.39 | 1.40 | 1.32 | 1.33 | 803,000 |
1.31 | 1.31 | 1.31 | 1.31 | 411,200 |
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International Meal Trading Date Momentum on October 30, 2024
On October 31 2024 International Meal was traded for 1.31 at the closing time. The highest price during the trading period was 1.31 and the lowest recorded bid was listed for 1.31 . The volume for the day was 411.2 K. This history from October 31, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.50% . The trading delta at closing time to the current price is 0.75% . |
International Meal Fundamentals Correlations and Trends
By evaluating International Meal'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 International Meal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. International financial account trend analysis is a perfect complement when working with valuation or volatility modules.About International Meal Stock history
International Meal 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 International is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in International Meal 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 International Meal stock prices may prove useful in developing a viable investing in International Meal
International Meal Company Alimentao S.A. operates a chain of fast food and grab-and-go restaurants. International Meal Company Alimentao S.A. was founded in 1965 and is based in So Paulo, Brazil. IMC SA operates under Restaurants classification in Brazil and is traded on Sao Paolo Stock Exchange.
International Meal Stock Technical Analysis
International Meal 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
International Meal Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
International Meal 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.
International Meal December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how International Meal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading International Meal shares will generate the highest return on investment. By undertsting and applying International Meal stock market strength indicators, traders can identify International Meal entry and exit signals to maximize returns
International Meal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for International Meal's price direction in advance. Along with the technical and fundamental analysis of International Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of International 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) | |||
Jensen Alpha | (0.35) | |||
Total Risk Alpha | (0.74) | |||
Treynor Ratio | (0.54) |
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Additional Tools for International Stock Analysis
When running International Meal's price analysis, check to measure International Meal'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 International Meal is operating at the current time. Most of International Meal's value examination focuses on studying past and present price action to predict the probability of International Meal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Meal's price. Additionally, you may evaluate how the addition of International Meal to your portfolios can decrease your overall portfolio volatility.