Rede DOr (Brazil) Price on September 30, 2024
| RDOR3 Stock | BRL 29.11 0.88 3.12% |
If you're considering investing in Rede Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rede DOr stands at 29.11, as last reported on the 23rd of November, with the highest price reaching 29.17 and the lowest price hitting 28.34 during the day. Rede DOr So maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14% return per unit of risk over the last 3 months. Rede DOr So exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rede DOr's Variance of 2.47, coefficient of variation of (707.67), and Risk Adjusted Performance of (0.10) to confirm the risk estimate we provide.
Rede Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Rede |
Sharpe Ratio = -0.1412
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Estimated Market Risk
| 1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Rede DOr 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 Rede DOr by adding Rede DOr to a well-diversified portfolio.
Rede DOr Valuation on September 30, 2024
It is possible to determine the worth of Rede DOr on a given historical date. On September 30, 2024 Rede was worth 31.42 at the beginning of the trading date compared to the closed value of 30.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rede DOr stock. Still, in general, we apply an absolute valuation method to find Rede DOr'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 Rede DOr where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rede DOr's related companies.
| Open | High | Low | Close | Volume | |
| 31.31 | 32.02 | 31.20 | 31.51 | 3,681,000 | |
09/30/2024 | 31.42 | 31.52 | 30.88 | 30.93 | 3,486,400 |
| 30.79 | 31.16 | 30.21 | 30.44 | 4,799,500 |
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Rede DOr Trading Date Momentum on September 30, 2024
| On October 01 2024 Rede DOr So was traded for 30.44 at the closing time. The highest price during the trading period was 31.16 and the lowest recorded bid was listed for 30.21 . The volume for the day was 4.8 M. This history from October 1, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.58% . The trading delta at closing time to the current price is 3.39% . |
Rede DOr So Fundamentals Correlations and Trends
By evaluating Rede DOr'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 Rede DOr's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rede financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rede DOr Stock history
Rede DOr 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 Rede is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rede DOr So 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 Rede DOr stock prices may prove useful in developing a viable investing in Rede DOr
Rede DOr So Luiz S.A. operates a network of hospitals in Brazil. Rede DOr So Luiz S.A. was founded in 1977 and is headquartered in So Paulo, Brazil. REDE D operates under Medical Care Facilities classification in Brazil and is traded on Sao Paolo Stock Exchange.
Rede DOr Stock Technical Analysis
Rede DOr 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.
Price Boundaries
Rede DOr Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Rede DOr So 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.
Rede DOr November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Rede DOr stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rede DOr shares will generate the highest return on investment. By undertsting and applying Rede DOr stock market strength indicators, traders can identify Rede DOr So entry and exit signals to maximize returns
Rede DOr Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rede DOr's price direction in advance. Along with the technical and fundamental analysis of Rede Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rede 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 | (0.10) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (7.79) |
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Additional Tools for Rede Stock Analysis
When running Rede DOr's price analysis, check to measure Rede DOr'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 Rede DOr is operating at the current time. Most of Rede DOr's value examination focuses on studying past and present price action to predict the probability of Rede DOr's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rede DOr's price. Additionally, you may evaluate how the addition of Rede DOr to your portfolios can decrease your overall portfolio volatility.