Unicasa Indstria (Brazil) Price on September 27, 2024
UCAS3 Stock | BRL 2.08 0.03 1.46% |
If you're considering investing in Unicasa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Unicasa Indstria stands at 2.08, as last reported on the 2nd of December, with the highest price reaching 2.08 and the lowest price hitting 2.03 during the day. Unicasa Indstria owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Unicasa Indstria de exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Unicasa Indstria's Coefficient Of Variation of (1,094), risk adjusted performance of (0.07), and Variance of 1.65 to confirm the risk estimate we provide.
Unicasa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Unicasa |
Sharpe Ratio = -0.1087
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Estimated Market Risk
1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.13 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 Unicasa Indstria 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 Unicasa Indstria by adding Unicasa Indstria to a well-diversified portfolio.
Unicasa Indstria Valuation on September 27, 2024
It is possible to determine the worth of Unicasa Indstria on a given historical date. On September 27, 2024 Unicasa was worth 2.21 at the beginning of the trading date compared to the closed value of 2.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Unicasa Indstria stock. Still, in general, we apply an absolute valuation method to find Unicasa Indstria'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 Unicasa Indstria where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Unicasa Indstria's related companies.
Open | High | Low | Close | Volume | |
2.20 | 2.21 | 2.18 | 2.20 | 6,900 | |
09/27/2024 | 2.21 | 2.21 | 2.16 | 2.17 | 14,500 |
2.17 | 2.21 | 2.17 | 2.20 | 10,300 |
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Unicasa Indstria Trading Date Momentum on September 27, 2024
On September 30 2024 Unicasa Indstria de was traded for 2.20 at the closing time. The highest price during the trading period was 2.21 and the lowest recorded bid was listed for 2.17 . The volume for the day was 10.3 K. This history from September 30, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 1.38% . The trading price change to the current price is 0.46% . |
Unicasa Indstria Fundamentals Correlations and Trends
By evaluating Unicasa Indstria'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 Unicasa Indstria's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Unicasa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Unicasa Indstria Stock history
Unicasa Indstria 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 Unicasa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Unicasa Indstria 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 Unicasa Indstria stock prices may prove useful in developing a viable investing in Unicasa Indstria
Unicasa Indstria de Mveis S.A. engages in the manufacture, sale, import, and export of furniture. Unicasa Indstria de Mveis S.A. was founded in 1985 and is based in Bento Gonalves, Brazil. UNICASA ON operates under Home Furnishings Fixtures classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 401 people.
Unicasa Indstria Stock Technical Analysis
Unicasa Indstria 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
Unicasa Indstria Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Unicasa Indstria 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.
Unicasa Indstria December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Unicasa Indstria stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Unicasa Indstria shares will generate the highest return on investment. By undertsting and applying Unicasa Indstria stock market strength indicators, traders can identify Unicasa Indstria de entry and exit signals to maximize returns
Unicasa Indstria Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Unicasa Indstria's price direction in advance. Along with the technical and fundamental analysis of Unicasa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Unicasa 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 | (0.15) | |||
Total Risk Alpha | (0.34) | |||
Treynor Ratio | (0.84) |
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Additional Tools for Unicasa Stock Analysis
When running Unicasa Indstria's price analysis, check to measure Unicasa Indstria'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 Unicasa Indstria is operating at the current time. Most of Unicasa Indstria's value examination focuses on studying past and present price action to predict the probability of Unicasa Indstria's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unicasa Indstria's price. Additionally, you may evaluate how the addition of Unicasa Indstria to your portfolios can decrease your overall portfolio volatility.