Tecnisa SA (Brazil) Price on August 11, 2023
| TCSA3 Stock | BRL 1.38 0.01 0.72% |
If you're considering investing in Tecnisa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tecnisa SA stands at 1.38, as last reported on the 24th of November, with the highest price reaching 1.42 and the lowest price hitting 1.37 during the day. Tecnisa SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.22, which indicates the firm had a -0.22% return per unit of risk over the last 3 months. Tecnisa SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tecnisa SA's Coefficient Of Variation of (423.96), variance of 5.69, and Risk Adjusted Performance of (0.17) to confirm the risk estimate we provide.
Tecnisa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tecnisa |
Sharpe Ratio = -0.2238
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Estimated Market Risk
| 2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.53 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tecnisa 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 Tecnisa SA by adding Tecnisa SA to a well-diversified portfolio.
Tecnisa SA Valuation on August 11, 2023
It is possible to determine the worth of Tecnisa SA on a given historical date. On August 11, 2023 Tecnisa was worth 3.84 at the beginning of the trading date compared to the closed value of 3.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tecnisa SA stock. Still, in general, we apply an absolute valuation method to find Tecnisa 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 Tecnisa SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tecnisa SA's related companies.
| Open | High | Low | Close | Volume | |
| 3.81 | 3.85 | 3.73 | 3.80 | 63,200 | |
08/11/2023 | 3.84 | 3.90 | 3.71 | 3.88 | 127,200 |
| 3.92 | 3.92 | 3.73 | 3.84 | 182,300 |
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Tecnisa SA Trading Date Momentum on August 11, 2023
| On August 14 2023 Tecnisa SA was traded for 3.84 at the closing time. The highest price during the trading period was 3.92 and the lowest recorded bid was listed for 3.73 . The volume for the day was 182.3 K. This history from August 14, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 1.03% . The trading price change to the current price is 5.93% . |
Tecnisa SA Fundamentals Correlations and Trends
By evaluating Tecnisa 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 Tecnisa SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tecnisa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tecnisa SA Stock history
Tecnisa 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 Tecnisa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tecnisa 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 Tecnisa SA stock prices may prove useful in developing a viable investing in Tecnisa SA
Tecnisa S.A., through its subsidiaries, engages in the development, construction, and sale of residential and commercial real estate properties in Brazil. Tecnisa S.A. was founded in 1977 and is headquartered in Sao Paulo, Brazil. TECNISA ON is traded on Sao Paolo Stock Exchange in Brazil.
Tecnisa SA Stock Technical Analysis
Tecnisa 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.
Price Boundaries
Tecnisa SA Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Tecnisa 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.
Tecnisa SA November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Tecnisa 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 Tecnisa SA shares will generate the highest return on investment. By undertsting and applying Tecnisa SA stock market strength indicators, traders can identify Tecnisa SA entry and exit signals to maximize returns
Tecnisa SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tecnisa SA's price direction in advance. Along with the technical and fundamental analysis of Tecnisa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tecnisa 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 | (0.17) | |||
| Jensen Alpha | (0.69) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | (0.58) |
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Additional Tools for Tecnisa Stock Analysis
When running Tecnisa SA's price analysis, check to measure Tecnisa 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 Tecnisa SA is operating at the current time. Most of Tecnisa SA's value examination focuses on studying past and present price action to predict the probability of Tecnisa 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 Tecnisa SA's price. Additionally, you may evaluate how the addition of Tecnisa SA to your portfolios can decrease your overall portfolio volatility.