Movida Participaes (Brazil) Price on September 10, 2024
MOVI3 Stock | BRL 5.25 0.20 3.67% |
If you're considering investing in Movida Stock, it is important to understand the factors that can impact its price. As of today, the current price of Movida Participaes stands at 5.25, as last reported on the 30th of November, with the highest price reaching 5.43 and the lowest price hitting 4.88 during the day. Movida Participaes has Sharpe Ratio of -0.0937, which conveys that the firm had a -0.0937% return per unit of risk over the last 3 months. Movida Participaes exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Movida Participaes' Mean Deviation of 2.75, standard deviation of 3.91, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide.
Movida Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Movida |
Sharpe Ratio = -0.0937
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Estimated Market Risk
3.94 actual daily | 35 65% of assets are more volatile |
Expected Return
-0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Movida Participaes 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 Movida Participaes by adding Movida Participaes to a well-diversified portfolio.
Movida Participaes Valuation on September 10, 2024
It is possible to determine the worth of Movida Participaes on a given historical date. On September 10, 2024 Movida was worth 6.93 at the beginning of the trading date compared to the closed value of 6.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Movida Participaes stock. Still, in general, we apply an absolute valuation method to find Movida Participaes' 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 Movida Participaes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Movida Participaes' related companies.
Open | High | Low | Close | Volume | |
6.91 | 7.03 | 6.84 | 6.95 | 2,782,300 | |
09/10/2024 | 6.93 | 6.94 | 6.73 | 6.87 | 2,889,000 |
6.91 | 7.06 | 6.88 | 6.95 | 2,349,200 |
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Movida Participaes Trading Date Momentum on September 10, 2024
On September 11 2024 Movida Participaes SA was traded for 6.95 at the closing time. The highest price during the trading period was 7.06 and the lowest recorded bid was listed for 6.88 . The volume for the day was 2.3 M. This history from September 11, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.16% . The trading delta at closing time to the current price is 0.15% . |
Movida Participaes Fundamentals Correlations and Trends
By evaluating Movida Participaes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Movida Participaes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Movida financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Movida Participaes Stock history
Movida Participaes 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 Movida is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Movida Participaes 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 Movida Participaes stock prices may prove useful in developing a viable investing in Movida Participaes
Movida Participaes S.A., through its subsidiaries, provides car rental services in Brazil. Movida Participaes S.A. was founded in 2006 and is headquartered in So Paulo, Brazil. Movida Participaes operates under Rental Leasing Services classification in Brazil and is traded on Sao Paolo Stock Exchange.
Movida Participaes Stock Technical Analysis
Movida Participaes 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
Movida Participaes Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Movida Participaes 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.
Movida Participaes November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Movida Participaes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Movida Participaes shares will generate the highest return on investment. By undertsting and applying Movida Participaes stock market strength indicators, traders can identify Movida Participaes SA entry and exit signals to maximize returns
Movida Participaes Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Movida Participaes' price direction in advance. Along with the technical and fundamental analysis of Movida Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Movida 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 | (0.08) | |||
Jensen Alpha | (0.48) | |||
Total Risk Alpha | (1.10) | |||
Treynor Ratio | (1.55) |
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Additional Tools for Movida Stock Analysis
When running Movida Participaes' price analysis, check to measure Movida Participaes' 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 Movida Participaes is operating at the current time. Most of Movida Participaes' value examination focuses on studying past and present price action to predict the probability of Movida Participaes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Movida Participaes' price. Additionally, you may evaluate how the addition of Movida Participaes to your portfolios can decrease your overall portfolio volatility.