N2ET34 (Brazil) Price on October 30, 2024
| N2ET34 Stock | 39.96 1.80 4.72% |
If you're considering investing in N2ET34 Stock, it is important to understand the factors that can impact its price. As of today, the current price of N2ET34 stands at 39.96, as last reported on the 18th of December 2024, with the highest price reaching 40.32 and the lowest price hitting 39.96 during the day. N2ET34 appears to be very steady, given 3 months investment horizon. N2ET34 has Sharpe Ratio of 0.23, which conveys that the company had a 0.23% return per unit of risk over the last 3 months. By analyzing N2ET34's technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please exercise N2ET34's Downside Deviation of 2.7, semi deviation of 1.49, and Mean Deviation of 2.36 to check out if our risk estimates are consistent with your expectations.
N2ET34 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
N2ET34 |
Sharpe Ratio = 0.2346
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Estimated Market Risk
| 3.52 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.83 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average N2ET34 is performing at about 18% 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 N2ET34 by adding it to a well-diversified portfolio.
N2ET34 Valuation on October 30, 2024
It is possible to determine the worth of N2ET34 on a given historical date. On October 30, 2024 N2ET34 was worth 28.5 at the beginning of the trading date compared to the closed value of 28.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of N2ET34 stock. Still, in general, we apply an absolute valuation method to find N2ET34'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 N2ET34 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against N2ET34's related companies.
| Open | High | Low | Close | Volume | |
| 28.17 | 28.50 | 28.17 | 28.50 | 104.00 | |
10/30/2024 | 28.50 | 28.50 | 28.50 | 28.50 | 1.00 |
| 28.27 | 28.27 | 28.27 | 28.27 | 25.00 |
| Backtest N2ET34 | | | N2ET34 History | Previous | Next |
N2ET34 Trading Date Momentum on October 30, 2024
| On October 31 2024 N2ET34 was traded for 28.27 at the closing time. The highest price during the trading period was 28.27 and the lowest recorded bid was listed for 28.27 . The volume for the day was 25.0. 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 0.81% . The trading delta at closing time to the current price is 2.42% . |
Price Boundaries
N2ET34 Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
N2ET34 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.
N2ET34 December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how N2ET34 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading N2ET34 shares will generate the highest return on investment. By undertsting and applying N2ET34 stock market strength indicators, traders can identify N2ET34 entry and exit signals to maximize returns
N2ET34 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for N2ET34's price direction in advance. Along with the technical and fundamental analysis of N2ET34 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of N2ET34 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 | 0.178 | |||
| Jensen Alpha | 0.8507 | |||
| Total Risk Alpha | 0.5356 | |||
| Sortino Ratio | 0.281 | |||
| Treynor Ratio | (1.35) |
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Complementary Tools for N2ET34 Stock analysis
When running N2ET34's price analysis, check to measure N2ET34'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 N2ET34 is operating at the current time. Most of N2ET34's value examination focuses on studying past and present price action to predict the probability of N2ET34's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move N2ET34's price. Additionally, you may evaluate how the addition of N2ET34 to your portfolios can decrease your overall portfolio volatility.
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