Tupy SA (Brazil) Price on January 4, 2024

TUPY3 Stock  BRL 21.47  0.04  0.19%   
If you're considering investing in Tupy Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tupy SA stands at 21.47, as last reported on the 29th of November, with the highest price reaching 21.47 and the lowest price hitting 20.82 during the day. Tupy SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.28, which indicates the firm had a -0.28% return per unit of risk over the last 3 months. Tupy SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tupy SA's Variance of 2.06, risk adjusted performance of (0.18), and Coefficient Of Variation of (425.55) to confirm the risk estimate we provide.
  
Tupy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2793

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Estimated Market Risk

 1.42
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.4
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.28
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tupy 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 Tupy SA by adding Tupy SA to a well-diversified portfolio.

Tupy SA Valuation on January 4, 2024

It is possible to determine the worth of Tupy SA on a given historical date. On January 4, 2024 Tupy was worth 26.61 at the beginning of the trading date compared to the closed value of 26.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tupy SA stock. Still, in general, we apply an absolute valuation method to find Tupy 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 Tupy SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tupy SA's related companies.
 Open High Low Close Volume
  26.94    27.11    26.38    26.50    556,300  
01/04/2024
  26.61    26.74    26.17    26.17    564,600  
  26.22    26.80    26.07    26.46    420,600  
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Open Value
26.61
26.17
Closing Value
30.87
Upside

Tupy SA Trading Date Momentum on January 4, 2024

On January 05 2024 Tupy SA was traded for  26.46  at the closing time. The highest price during the trading period was 26.80  and the lowest recorded bid was listed for  26.07 . The volume for the day was 420.6 K. This history from January 5, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 1.11% . The trading price change to the current price is 0.27% .

Tupy SA Fundamentals Correlations and Trends

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

About Tupy SA Stock history

Tupy 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 Tupy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tupy 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 Tupy SA stock prices may prove useful in developing a viable investing in Tupy SA
Tupy S.A., together with its subsidiaries, manufactures and sells iron casting products in Brazil, the Americas, Europe, and Asia. Tupy S.A. was founded in 1938 and is headquartered in Joinville, Brazil. TUPY ON operates under Auto Parts classification in Brazil and is traded on Sao Paolo Stock Exchange.

Tupy SA Stock Technical Analysis

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

Tupy SA Period Price Range

Low
November 29, 2024
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High

 0.00 

     

 0.00 

Tupy 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.

Tupy SA November 29, 2024 Market Strength

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

Tupy SA Technical and Predictive Indicators

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

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