Oi SA (Brazil) Price on May 3, 2023

OIBR3 Stock  BRL 1.59  0.11  6.47%   
If you're considering investing in OIBR3 Stock, it is important to understand the factors that can impact its price. As of today, the current price of Oi SA stands at 1.59, as last reported on the 29th of November, with the highest price reaching 1.73 and the lowest price hitting 1.57 during the day. Oi SA retains Efficiency (Sharpe Ratio) of -0.0695, which implies the firm had a -0.0695% return per unit of price deviation over the last 3 months. Oi SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oi SA's market risk adjusted performance of (1.01), and Information Ratio of (0.06) to confirm the risk estimate we provide.
  
OIBR3 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0695

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Estimated Market Risk

 13.09
  actual daily
96
96% of assets are less volatile

Expected Return

 -0.91
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Oi SA 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 Oi SA by adding Oi SA to a well-diversified portfolio.

Oi SA Valuation on May 3, 2023

It is possible to determine the worth of Oi SA on a given historical date. On May 3, 2023 OIBR3 was worth 10.3 at the beginning of the trading date compared to the closed value of 10.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oi SA stock. Still, in general, we apply an absolute valuation method to find Oi SA'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 Oi SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oi SA's related companies.
 Open High Low Close Volume
  10.30    10.40    10.10    10.20    5,221,800  
05/03/2023
  10.30    10.30    10.10    10.10    4,584,400  
  10.20    10.80    10.20    10.70    11,709,300  
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Open Value
10.3
10.1
Closing Value
49.57
Upside

Oi SA Trading Date Momentum on May 3, 2023

On May 04 2023 Oi SA was traded for  10.70  at the closing time. The highest price during the trading period was 10.80  and the lowest recorded bid was listed for  10.20 . The volume for the day was 11.7 M. This history from May 4, 2023 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 5.94% . The trading delta at closing time to the current price is 7.92% .

Oi SA Fundamentals Correlations and Trends

By evaluating Oi SA'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 Oi SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OIBR3 financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Oi SA Stock history

Oi SA 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 OIBR3 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oi SA 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 Oi SA stock prices may prove useful in developing a viable investing in Oi SA
Oi S.A., a switched fixed-line telephony services concessionaire, provides integrated telecommunication services in Brazil. On June 20, 2016, Oi S.A. along with its subsidiaries filed for bankruptcy protection. Oi S operates under Telecom Services classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 16938 people.

Oi SA Stock Technical Analysis

Oi SA 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.
A focus of Oi SA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oi SA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Oi SA Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Oi 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.

Oi SA November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Oi SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oi SA shares will generate the highest return on investment. By undertsting and applying Oi SA stock market strength indicators, traders can identify Oi SA entry and exit signals to maximize returns

Oi SA Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Oi SA's price direction in advance. Along with the technical and fundamental analysis of OIBR3 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OIBR3 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.

Additional Tools for OIBR3 Stock Analysis

When running Oi SA's price analysis, check to measure Oi SA'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 Oi SA is operating at the current time. Most of Oi SA's value examination focuses on studying past and present price action to predict the probability of Oi SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oi SA's price. Additionally, you may evaluate how the addition of Oi SA to your portfolios can decrease your overall portfolio volatility.