Pettenati (Brazil) Price on October 3, 2024
| PTNT4 Preferred Stock | BRL 6.60 0.17 2.64% |
If you're considering investing in Pettenati Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pettenati stands at 6.60, as last reported on the 22nd of November, with the highest price reaching 6.60 and the lowest price hitting 6.32 during the day. Currently, Pettenati SA Industria is slightly risky. Pettenati SA Industria maintains Sharpe Ratio (i.e., Efficiency) of 0.0518, which implies the firm had a 0.0518% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pettenati SA Industria, which you can use to evaluate the volatility of the company. Please check Pettenati's Coefficient Of Variation of 1292.6, risk adjusted performance of 0.0651, and Semi Deviation of 1.73 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
Pettenati Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pettenati |
Sharpe Ratio = 0.0518
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Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Pettenati is performing at about 4% 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 Pettenati by adding it to a well-diversified portfolio.
Pettenati Valuation on October 3, 2024
It is possible to determine the worth of Pettenati on a given historical date. On October 3, 2024 Pettenati was worth 6.22 at the beginning of the trading date compared to the closed value of 6.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pettenati preferred stock. Still, in general, we apply an absolute valuation method to find Pettenati'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 Pettenati where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pettenati's related companies.
| Open | High | Low | Close | Volume | |
| 6.32 | 6.39 | 6.18 | 6.18 | 28,500 | |
10/03/2024 | 6.22 | 6.37 | 6.22 | 6.27 | 20,700 |
| 6.27 | 6.34 | 6.27 | 6.28 | 35,200 |
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Pettenati Trading Date Momentum on October 3, 2024
| On October 04 2024 Pettenati SA Industria was traded for 6.28 at the closing time. The highest price during the trading period was 6.34 and the lowest recorded bid was listed for 6.27 . The volume for the day was 35.2 K. This history from October 4, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.16% . The trading delta at closing time to the current price is 1.44% . |
Pettenati SA Industria Fundamentals Correlations and Trends
By evaluating Pettenati'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 Pettenati's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pettenati financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pettenati Preferred Stock history
Pettenati 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 Pettenati is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pettenati SA Industria 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 Pettenati stock prices may prove useful in developing a viable investing in Pettenati
Industria Txtil manufactures and sells textile products for men, women, children, and babies in Brazil and internationally. Industria Txtil was founded in 1964 and is headquartered in Caxias do Sul, Brazil. PETTENATI operates under Apparel Manufacturing classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 1745 people.
Pettenati Preferred Stock Technical Analysis
Pettenati technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Pettenati Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Pettenati SA Industria 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.
Pettenati November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Pettenati preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pettenati shares will generate the highest return on investment. By undertsting and applying Pettenati preferred stock market strength indicators, traders can identify Pettenati SA Industria entry and exit signals to maximize returns
Pettenati Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pettenati's price direction in advance. Along with the technical and fundamental analysis of Pettenati Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pettenati 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 | 0.0651 | |||
| Jensen Alpha | 0.2347 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.04 | |||
| Treynor Ratio | (0.24) |
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Additional Tools for Pettenati Preferred Stock Analysis
When running Pettenati's price analysis, check to measure Pettenati'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 Pettenati is operating at the current time. Most of Pettenati's value examination focuses on studying past and present price action to predict the probability of Pettenati's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pettenati's price. Additionally, you may evaluate how the addition of Pettenati to your portfolios can decrease your overall portfolio volatility.