Armac Locacao (Brazil) Price on December 5, 2024
| ARML3 Stock | 5.85 0.34 5.49% |
If you're considering investing in Armac Stock, it is important to understand the factors that can impact its price. As of today, the current price of Armac Locacao stands at 5.85, as last reported on the 16th of December 2024, with the highest price reaching 6.23 and the lowest price hitting 5.81 during the day. Armac Locacao Logistica secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of risk over the last 3 months. Armac Locacao Logistica exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Armac Locacao's Mean Deviation of 2.74, risk adjusted performance of (0.11), and Standard Deviation of 3.41 to double-check the risk estimate we provide.
Armac Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Armac |
Sharpe Ratio = -0.176
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| Negative Returns | ARML3 |
Estimated Market Risk
| 3.45 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.61 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Armac Locacao 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 Armac Locacao by adding Armac Locacao to a well-diversified portfolio.
Armac Locacao Valuation on December 5, 2024
It is possible to determine the worth of Armac Locacao on a given historical date. On December 5, 2024 Armac was worth 6.54 at the beginning of the trading date compared to the closed value of 6.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Armac Locacao stock. Still, in general, we apply an absolute valuation method to find Armac Locacao'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 Armac Locacao where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Armac Locacao's related companies.
| Open | High | Low | Close | Volume | |
| 6.67 | 6.79 | 6.46 | 6.47 | 917,500 | |
12/05/2024 | 6.54 | 6.86 | 6.44 | 6.49 | 1,275,200 |
| 6.49 | 6.57 | 6.17 | 6.36 | 809,500 |
| Backtest Armac Locacao | | | Armac Locacao History | Previous | Next |
Armac Locacao Trading Date Momentum on December 5, 2024
| On December 06 2024 Armac Locacao Logistica was traded for 6.36 at the closing time. The highest price during the trading period was 6.57 and the lowest recorded bid was listed for 6.17 . The volume for the day was 809.5 K. This history from December 6, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.00% . The overall trading delta to the current price is 5.55% . |
Price Boundaries
Armac Locacao Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Armac Locacao Logistica 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.
Armac Locacao December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Armac Locacao stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Armac Locacao shares will generate the highest return on investment. By undertsting and applying Armac Locacao stock market strength indicators, traders can identify Armac Locacao Logistica entry and exit signals to maximize returns
Armac Locacao Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Armac Locacao's price direction in advance. Along with the technical and fundamental analysis of Armac Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Armac 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 | (0.11) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (1.01) | |||
| Treynor Ratio | 20.95 |
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Additional Tools for Armac Stock Analysis
When running Armac Locacao's price analysis, check to measure Armac Locacao'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 Armac Locacao is operating at the current time. Most of Armac Locacao's value examination focuses on studying past and present price action to predict the probability of Armac Locacao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Armac Locacao's price. Additionally, you may evaluate how the addition of Armac Locacao to your portfolios can decrease your overall portfolio volatility.