Rumo SA (Brazil) Price on March 8, 2023

RAIL3 Stock  BRL 19.45  0.03  0.15%   
If you're considering investing in Rumo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rumo SA stands at 19.45, as last reported on the 29th of November, with the highest price reaching 19.71 and the lowest price hitting 18.74 during the day. Rumo SA maintains Sharpe Ratio (i.e., Efficiency) of -0.0957, which implies the firm had a -0.0957% return per unit of risk over the last 3 months. Rumo SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rumo SA's Coefficient Of Variation of (662.86), risk adjusted performance of (0.11), and Variance of 2.41 to confirm the risk estimate we provide.
  
Rumo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0957

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Estimated Market Risk

 1.55
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.15
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Rumo 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 Rumo SA by adding Rumo SA to a well-diversified portfolio.

Rumo SA Valuation on March 8, 2023

It is possible to determine the worth of Rumo SA on a given historical date. On March 8, 2023 Rumo was worth 18.33 at the beginning of the trading date compared to the closed value of 18.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rumo SA stock. Still, in general, we apply an absolute valuation method to find Rumo 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 Rumo SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rumo SA's related companies.
 Open High Low Close Volume
  17.96    18.48    17.93    18.23    14,025,000  
03/08/2023
  18.33    18.95    18.22    18.85    14,928,600  
  18.85    19.46    18.84    18.93    12,899,800  
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Open Value
18.33
18.85
Closing Value
22.97
Upside

Rumo SA Trading Date Momentum on March 8, 2023

On March 09 2023 Rumo SA was traded for  18.93  at the closing time. The highest price during the trading period was 19.46  and the lowest recorded bid was listed for  18.84 . The volume for the day was 12.9 M. This history from March 9, 2023 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.42% . The trading delta at closing time to the current price is 1.01% .

Rumo SA Fundamentals Correlations and Trends

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

About Rumo SA Stock history

Rumo 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 Rumo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rumo 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 Rumo SA stock prices may prove useful in developing a viable investing in Rumo SA
Rumo S.A., through its subsidiaries, provides rail transportation services. Rumo S.A. was founded in 1997 and is headquartered in Curitiba, Brazil. RUMO S operates under Railroads classification in Brazil and is traded on Sao Paolo Stock Exchange.

Rumo SA Stock Technical Analysis

Rumo 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 Rumo SA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rumo 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

Rumo SA Period Price Range

Low
November 29, 2024
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High

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Rumo 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.

Rumo SA November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Rumo 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 Rumo SA shares will generate the highest return on investment. By undertsting and applying Rumo SA stock market strength indicators, traders can identify Rumo SA entry and exit signals to maximize returns

Rumo SA Technical and Predictive Indicators

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

When running Rumo SA's price analysis, check to measure Rumo 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 Rumo SA is operating at the current time. Most of Rumo SA's value examination focuses on studying past and present price action to predict the probability of Rumo 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 Rumo SA's price. Additionally, you may evaluate how the addition of Rumo SA to your portfolios can decrease your overall portfolio volatility.