Randon SA (Brazil) Price on March 22, 2024

RAPT3 Stock  BRL 8.81  0.44  4.76%   
If you're considering investing in Randon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Randon SA stands at 8.81, as last reported on the 28th of November, with the highest price reaching 9.20 and the lowest price hitting 8.81 during the day. Randon SA Implementos maintains Sharpe Ratio (i.e., Efficiency) of -0.0044, which implies the firm had a -0.0044% return per unit of risk over the last 3 months. Randon SA Implementos exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Randon SA's Coefficient Of Variation of 2689.36, semi deviation of 1.45, and Risk Adjusted Performance of 0.0337 to confirm the risk estimate we provide.
  
Randon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0044

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Estimated Market Risk

 1.69
  actual daily
15
85% 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 Randon 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 Randon SA by adding Randon SA to a well-diversified portfolio.

Randon SA Valuation on March 22, 2024

It is possible to determine the worth of Randon SA on a given historical date. On March 22, 2024 Randon was worth 10.79 at the beginning of the trading date compared to the closed value of 10.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Randon SA stock. Still, in general, we apply an absolute valuation method to find Randon 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 Randon SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Randon SA's related companies.
 Open High Low Close Volume
  11.11    11.11    10.79    10.79    31,300  
03/22/2024
  10.79    10.92    10.70    10.70    12,500  
  10.96    11.09    10.87    10.87    1.00  
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Open Value
10.79
10.7
Closing Value
15.87
Upside

Randon SA Trading Date Momentum on March 22, 2024

On March 23 2024 Randon SA Implementos was traded for  10.87  at the closing time. The highest price during the trading period was 11.09  and the lowest recorded bid was listed for  10.87 . There was no trading activity during the period 1.0. Lack of trading volume on March 23, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.59% . The trading delta at closing time to the current price is 1.50% .

Randon SA Implementos Fundamentals Correlations and Trends

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

About Randon SA Stock history

Randon 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 Randon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Randon SA Implementos 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 Randon SA stock prices may prove useful in developing a viable investing in Randon SA
Implementos e Participaes manufactures and sells trailers and semi-trailers worldwide. Implementos e Participaes was founded in 1949 and is headquartered in Caxias do Sul, Brazil. RANDON PART operates under Auto Manufacturers classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 11220 people.

Randon SA Stock Technical Analysis

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

Randon SA Period Price Range

Low
November 28, 2024
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High

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Randon SA Implementos 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.

Randon SA November 28, 2024 Market Strength

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

Randon SA Technical and Predictive Indicators

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

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