Santander Renda (Brazil) Price on October 29, 2024
SARE11 Fund | BRL 3.71 0.08 2.20% |
If you're considering investing in Santander Fund, it is important to understand the factors that can impact its price. As of today, the current price of Santander Renda stands at 3.71, as last reported on the 28th of November, with the highest price reaching 3.72 and the lowest price hitting 3.65 during the day. Santander Renda De owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the fund had a -0.14% return per unit of risk over the last 3 months. Santander Renda De exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Santander Renda's Variance of 124.23, risk adjusted performance of (0.09), and Coefficient Of Variation of (761.58) to confirm the risk estimate we provide.
Santander Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Santander |
Sharpe Ratio = -0.1364
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Estimated Market Risk
11.5 actual daily | 96 96% of assets are less volatile |
Expected Return
-1.57 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 Santander Renda 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 Santander Renda by adding Santander Renda to a well-diversified portfolio.
Santander Renda Valuation on October 29, 2024
It is possible to determine the worth of Santander Renda on a given historical date. On October 29, 2024 Santander was worth 3.94 at the beginning of the trading date compared to the closed value of 3.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Santander Renda fund. Still, in general, we apply an absolute valuation method to find Santander Renda'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 Santander Renda where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Santander Renda's related companies.
Open | High | Low | Close | Volume | |
3.92 | 3.94 | 3.86 | 3.90 | 115,907 | |
10/29/2024 | 3.94 | 3.95 | 3.86 | 3.87 | 257,838 |
3.89 | 3.94 | 3.86 | 3.94 | 135,453 |
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Santander Renda Trading Date Momentum on October 29, 2024
On October 30 2024 Santander Renda De was traded for 3.94 at the closing time. The highest price during the trading period was 3.94 and the lowest recorded bid was listed for 3.86 . The volume for the day was 135.5 K. This history from October 30, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 1.81% . The trading price change to the current price is 1.29% . |
About Santander Renda Fund history
Santander Renda 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 Santander is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Santander Renda De 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 Santander Renda stock prices may prove useful in developing a viable investing in Santander Renda
Santander Renda Fund Technical Analysis
Santander Renda technical fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Santander Renda Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Santander Renda De 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.
Santander Renda November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Santander Renda fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Santander Renda shares will generate the highest return on investment. By undertsting and applying Santander Renda fund market strength indicators, traders can identify Santander Renda De entry and exit signals to maximize returns
Santander Renda Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Santander Renda's price direction in advance. Along with the technical and fundamental analysis of Santander Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Santander 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 | (0.09) | |||
Jensen Alpha | (1.75) | |||
Total Risk Alpha | (3.23) | |||
Treynor Ratio | (0.63) |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Santander Fund
Santander Renda financial ratios help investors to determine whether Santander Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Santander with respect to the benefits of owning Santander Renda security.
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