Oi SA (Brazil) Price on September 16, 2024
If you're considering investing in OIBR3 Stock, it is important to understand the factors that can impact its price. Oi SA retains Efficiency (Sharpe Ratio) of -0.0649, which implies the firm had a -0.0649% return per unit of price deviation over the last 3 months. Oi SA exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oi SA's information ratio of (0.07), and Market Risk Adjusted Performance of (1.76) 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.
OIBR3 |
Sharpe Ratio = -0.0649
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OIBR3 |
Estimated Market Risk
| 13.03 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.85 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Oi SA Period Price Range
Low | November 25, 2024
| 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 25, 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.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.91) | |||
| Total Risk Alpha | (2.91) | |||
| Treynor Ratio | (1.77) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.