ASA METROPOLIS (Brazil) Price on October 21, 2023
| ASMT11 Fund | 39.00 0.47 1.19% |
If you're considering investing in ASA Fund, it is important to understand the factors that can impact its price. As of today, the current price of ASA METROPOLIS stands at 39.00, as last reported on the 15th of December 2024, with the highest price reaching 39.00 and the lowest price hitting 37.49 during the day. ASA METROPOLIS FUNDO retains Efficiency (Sharpe Ratio) of -0.0217, which signifies that the fund had a -0.0217% return per unit of risk over the last 3 months. ASA METROPOLIS exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ASA METROPOLIS's coefficient of variation of 5239.2, and Market Risk Adjusted Performance of (0.11) to double-check the risk estimate we provide.
ASA Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
ASA |
Sharpe Ratio = -0.0217
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| Negative Returns | ASMT11 |
Estimated Market Risk
| 2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ASA METROPOLIS 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 ASA METROPOLIS by adding ASA METROPOLIS to a well-diversified portfolio.
ASA METROPOLIS Valuation on October 21, 2023
It is possible to determine the worth of ASA METROPOLIS on a given historical date. On October 21, 2023 ASA was worth 46.81 at the beginning of the trading date compared to the closed value of 46.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ASA METROPOLIS fund. Still, in general, we apply an absolute valuation method to find ASA METROPOLIS'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 ASA METROPOLIS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ASA METROPOLIS's related companies.
| Open | High | Low | Close | Volume | |
| 46.81 | 46.81 | 46.81 | 46.81 | 1.00 | |
10/20/2023 | 46.81 | 46.81 | 46.81 | 46.81 | 1.00 |
| 47.74 | 47.74 | 47.03 | 47.03 | 36.00 |
| Backtest ASA METROPOLIS | | | ASA METROPOLIS History | Previous | Next |
ASA METROPOLIS Trading Date Momentum on October 21, 2023
| On October 23 2023 ASA METROPOLIS FUNDO was traded for 47.03 at the closing time. The highest price during the trading period was 47.74 and the lowest recorded bid was listed for 47.03 . The volume for the day was 36.0. This history from October 23, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.47% . The overall trading delta to the current price is 2.54% . |
Price Boundaries
ASA METROPOLIS Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
ASA METROPOLIS FUNDO 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.
ASA METROPOLIS December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how ASA METROPOLIS fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ASA METROPOLIS shares will generate the highest return on investment. By undertsting and applying ASA METROPOLIS fund market strength indicators, traders can identify ASA METROPOLIS FUNDO entry and exit signals to maximize returns
ASA METROPOLIS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ASA METROPOLIS's price direction in advance. Along with the technical and fundamental analysis of ASA Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of ASA 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 | 0.0212 | |||
| Jensen Alpha | 0.075 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.12) |
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| Volume Indicators |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
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