BOVESPA Index (Brazil) Price on September 5, 2024
If you're considering investing in BOVESPA Index, it is important to understand the factors that can impact its price. BOVESPA Index secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the index had a -0.16% return per unit of volatility over the last 3 months. BOVESPA Index exposes zero different technical indicators, which can help you to evaluate volatility embedded in its price movement. BOVESPA Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.0
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Based on monthly moving average BOVESPA Index 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 BOVESPA Index by adding BOVESPA Index to a well-diversified portfolio.
BOVESPA Index Valuation on September 5, 2024
It is possible to determine the worth of BOVESPA Index on a given historical date. On September 5, 2024 BOVESPA was worth 136112.0 at the beginning of the trading date compared to the closed value of 136502.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BOVESPA Index index. Still, in general, we apply an absolute valuation method to find BOVESPA Index'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 BOVESPA Index where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BOVESPA Index's related companies.
| Open | High | Low | Close | Volume | |
| 134,359 | 136,838 | 134,359 | 136,111 | 9,419,452,000 | |
09/05/2024 | 136,112 | 136,656 | 135,959 | 136,502 | 7,528,688,000 |
| 136,508 | 136,653 | 134,476 | 134,572 | 7,563,345,000 |
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BOVESPA Index Trading Date Momentum on September 5, 2024
| On September 06 2024 BOVESPA Index was traded for 134,572 at the closing time. The highest price during the trading period was 136,653 and the lowest recorded bid was listed for 134,476 . The volume for the day was 7.6 B. This history from September 6, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.41% . The overall trading delta to the current price is 1.18% . |
Price Boundaries
BOVESPA Index Period Price Range
Low | December 3, 2024
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0.00 | 0.00 |
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BOVESPA Index December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how BOVESPA Index index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BOVESPA Index shares will generate the highest return on investment. By undertsting and applying BOVESPA Index index market strength indicators, traders can identify BOVESPA Index entry and exit signals to maximize returns
BOVESPA Index Technical Drivers
BOVESPA Index December 3, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BOVESPA Index's price direction in advance. Along with the technical and fundamental analysis of BOVESPA Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of BOVESPA 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 | (0.12) | |||
| Mean Deviation | 0.5839 | |||
| Coefficient Of Variation | (635.64) | |||
| Standard Deviation | 0.7979 | |||
| Variance | 0.6367 | |||
| Information Ratio | (0.31) | |||
| Total Risk Alpha | (0.25) | |||
| Maximum Drawdown | 4.26 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 1.08 | |||
| Skewness | (0.16) | |||
| Kurtosis | 0.7866 |
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