Renda De (Brazil) Price on December 2, 2024
| NEWU11 Fund | BRL 78.20 0.55 0.71% |
If you're considering investing in Renda Fund, it is important to understand the factors that can impact its price. As of today, the current price of Renda De stands at 78.20, as last reported on the 2nd of December, with the highest price reaching 78.20 and the lowest price hitting 75.01 during the day. At this point, Renda De is very steady. Renda de Escritorios maintains Sharpe Ratio (i.e., Efficiency) of 0.0039, which implies the entity had a 0.0039% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Renda de Escritorios, which you can use to evaluate the volatility of the fund. Please check Renda De's Risk Adjusted Performance of 0.0107, coefficient of variation of 23821.66, and Semi Deviation of 2.36 to confirm if the risk estimate we provide is consistent with the expected return of 0.0121%.
Renda Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Renda |
Sharpe Ratio = 0.0039
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NEWU11 |
Estimated Market Risk
| 3.14 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Renda De 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 Renda De by adding Renda De to a well-diversified portfolio.
Renda De Valuation on December 2, 2024
It is possible to determine the worth of Renda De on a given historical date. On December 2, 2024 Renda was worth 75.01 at the beginning of the trading date compared to the closed value of 78.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Renda De fund. Still, in general, we apply an absolute valuation method to find Renda De'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 Renda De where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Renda De's related companies.
| Open | High | Low | Close | Volume | |
| 75.01 | 78.20 | 75.01 | 78.20 | 8,245 | |
12/02/2024 | 75.01 | 78.20 | 75.01 | 78.20 | 0.00 |
| Backtest Renda De | | | Renda De History | | | Renda De Valuation | Previous |
Renda De Trading Date Momentum on December 2, 2024
| On December 02 2024 Renda de Escritorios was traded for 78.20 at the closing time. The highest price during the trading period was 78.20 and the lowest recorded bid was listed for 75.01 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not cause price change. The trading delta at closing time to the current price is 4.08% . |
About Renda De Fund history
Renda De 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 Renda is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Renda de Escritorios 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 Renda De stock prices may prove useful in developing a viable investing in Renda De
Renda de Escritorios Fundo de Investimento Imobiliario - Cotas Fundo specializes in real estate investments. FII NEWRU operates under REITDiversified classification in Brazil and is traded on Sao Paolo Stock Exchange.
Renda De Fund Technical Analysis
Renda De technical fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Renda De Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Renda de Escritorios 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.
Renda De December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Renda De fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Renda De shares will generate the highest return on investment. By undertsting and applying Renda De fund market strength indicators, traders can identify Renda de Escritorios entry and exit signals to maximize returns
Renda De Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Renda De's price direction in advance. Along with the technical and fundamental analysis of Renda Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Renda 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 | 0.0107 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0059 |
| Cycle Indicators | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Renda Fund
Renda De financial ratios help investors to determine whether Renda Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Renda with respect to the benefits of owning Renda De security.
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