Metalrgica Riosulense (Brazil) Price on November 21, 2024
| RSUL4 Preferred Stock | BRL 59.00 0.60 1.03% |
If you're considering investing in Metalrgica Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Metalrgica Riosulense stands at 59.00, as last reported on the 22nd of November, with the highest price reaching 59.00 and the lowest price hitting 57.83 during the day. Metalrgica Riosulense has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Metalrgica Riosulense exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metalrgica Riosulense's Standard Deviation of 1.32, mean deviation of 0.9764, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide.
Metalrgica Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Metalrgica |
Sharpe Ratio = -0.1081
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Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Metalrgica Riosulense 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 Metalrgica Riosulense by adding Metalrgica Riosulense to a well-diversified portfolio.
Metalrgica Riosulense Valuation on November 21, 2024
It is possible to determine the worth of Metalrgica Riosulense on a given historical date. On November 21, 2024 Metalrgica was worth 58.4 at the beginning of the trading date compared to the closed value of 59.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metalrgica Riosulense preferred stock. Still, in general, we apply an absolute valuation method to find Metalrgica Riosulense'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 Metalrgica Riosulense where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metalrgica Riosulense's related companies.
| Open | High | Low | Close | Volume | |
| 58.28 | 58.88 | 57.77 | 58.40 | 3,900 | |
11/21/2024 | 58.40 | 59.00 | 57.83 | 59.00 | 1,000.00 |
| 58.40 | 59.00 | 57.83 | 59.00 | 0.00 |
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Metalrgica Riosulense Trading Date Momentum on November 21, 2024
| On November 22 2024 Metalrgica Riosulense SA was traded for 59.00 at the closing time. The highest price during the trading period was 59.00 and the lowest recorded bid was listed for 57.83 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not cause price change. The trading delta at closing time to the current price is 1.02% . |
Metalrgica Riosulense Fundamentals Correlations and Trends
By evaluating Metalrgica Riosulense'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 Metalrgica Riosulense's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Metalrgica financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Metalrgica Riosulense Preferred Stock history
Metalrgica Riosulense 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 Metalrgica is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metalrgica Riosulense 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 Metalrgica Riosulense stock prices may prove useful in developing a viable investing in Metalrgica Riosulense
Metalrgica Riosulense S.A. engages in the manufacture and sale of high-precision parts and accessories for automotive and related vehicles in Brazil. Metalrgica Riosulense S.A. is a subsidiary of Stramosk Participaes S.A. RIOSULENSE operates under Auto Parts classification in Brazil and is traded on Sao Paolo Stock Exchange.
Metalrgica Riosulense Preferred Stock Technical Analysis
Metalrgica Riosulense 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
Metalrgica Riosulense Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Metalrgica Riosulense 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.
Metalrgica Riosulense November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Metalrgica Riosulense 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 Metalrgica Riosulense shares will generate the highest return on investment. By undertsting and applying Metalrgica Riosulense preferred stock market strength indicators, traders can identify Metalrgica Riosulense SA entry and exit signals to maximize returns
Metalrgica Riosulense Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Metalrgica Riosulense's price direction in advance. Along with the technical and fundamental analysis of Metalrgica Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metalrgica 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 | (0.07) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.48) |
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Additional Tools for Metalrgica Preferred Stock Analysis
When running Metalrgica Riosulense's price analysis, check to measure Metalrgica Riosulense'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 Metalrgica Riosulense is operating at the current time. Most of Metalrgica Riosulense's value examination focuses on studying past and present price action to predict the probability of Metalrgica Riosulense's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalrgica Riosulense's price. Additionally, you may evaluate how the addition of Metalrgica Riosulense to your portfolios can decrease your overall portfolio volatility.